BlackWatch Energy Services Corp. Announces Expansion of Operations Into Latin America With Two Transactions

BlackWatch Energy Services Corp. ("BlackWatch" or the "Company") (TSX: BWT.TO) is pleased to announce two transactions that mark a significant new initiative into the international marketplace that will provide a platform for additional future growth. These transactions are the acquisition of 6 drilling rigs currently operating in Mexico and the entering into of an agreement to acquire a private directional services company with operations focused in Latin America. BlackWatch is also pleased to announce the appointment of Paul Hudson to the Board of Directors.

Drilling Rigs Acquisition
BlackWatch has completed the acquisition of six drilling rigs currently operating in Mexico from a major international energy services company.

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Petrominerales Corcel-A2 Side-Track Produces Over 10,000 BOPD

Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG), a 67% owned subsidiary of Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG), announces that the Corcel-A2 side-track well is producing over 10,000 barrels of oil per day ("bopd") of 30 API oil at less than 1% water cut from the Lower Mirador, Upper Guadalupe and Lower Guadalupe sands. The Corcel-A2 side-track targeted the structurally highest point of the Corcel A structure to access by-passed Mirador and Guadalupe pay. Logs indicated a total net pay of 122 feet in the Lower Mirador and the Upper and Lower Guadalupe. The well encountered the Lower Mirador formation 36 feet structurally higher than in offset wells and includes 96 feet of by-passed pay not yet produced from the other wells at Corcel.

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ProspEx Resources Announces Kakwa Horizontal Well Results and Establishment of New Operating Area in West Central Alberta

ProspEx Resources Ltd. ("ProspEx" or the "Company") is providing an operational update with respect to certain projects within its 2009 capital program.

"Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands", said John Rossall, President and Chief Executive Officer. "I am also excited to announce that ProspEx has established a new operating area in West Central Alberta that we believe offers opportunity similar to East Kakwa. The success of the Kakwa well and the new lands in West Central Alberta move the Company well down the path of transitioning to a resource play focus".

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Global Directories Feature Energy Stocks Listed on TSX, ASX, OTC, NASDAQ, NYSE, AIM  

 

Featured Oil and Gas Showcase Stock – Water Remediation for the Oil and Gas Sector

Wescorp Energy Inc. (OTCBB: WSCE )

POINT ROBERTS, Wash., DELTA, B.C. September 28, 2009 – www.Investorideas.com has updated its energy stock directories for investors following the oil and gas sector, natural gas and renewable energy sector. With oil prices on the rise again, investors can research stock opportunities within the energy space using the comprehensive directories and investor tools.

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Midland Texas Operator Turns to Powerwave to Increase Oil Recovery and Reserves

Wavefront Technology Solutions Inc. ("Wavefront") (TSX VENTURE: WEE) (PINK SHEETS: WFTSF), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater, is pleased to announce that a Midland, Texas-based operator will deploy six Powerwave systems to increase oil recovery and reserves in an active waterflood.

"We are very excited to be adding another operator, who has five hundred water injectors to the growing list of clients who are turning to Powerwave to increase oil recovery and reserves," said Wavefront President and CEO Brett Davidson. "Powerwave is gaining strong commercial acceptance and Wavefront is in negotiations with numerous oil companies for multiple Powerwave licenses. We look forward to announcing new contracts as they are signed in the coming weeks and months."

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