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Henry Resources' Jim Henry, Permian Basin Wildcatter, Dies at 89

James “Jim” Henry, a longtime Permian Basin wildcatter who last month sold his company to Vital Energy, has passed away. ....

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Kuparuk 2022: Sidebar 1 - Humble buys in - April 24, 2022

Kuparuk 2022: Sidebar 1 - Humble buys in - April 24, 2022
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The Small Exploration Company That Shocked The Oil Industry

) announced early findings from the first of their initial 3-well drill program in Namibia’s 6.3-million-acre Kavango Basin. It came as a surprise to many of us: Results indicated signs of a working petroleum system after only the first test drill.
On June 3rd, investors got another surprise when RECO announced further indication of a working petroleum system in the shallow section of its second well.
Now, we’re waiting for an announcement about the completion of the second drill to 12,500 feet, which we think should be any day now.
Previous projections have compared the possible numbers with some of the largest oil discoveries in the world in recent years, like the Midland Basin in West Texas. ....

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