Ameratex: EPA boosts biofuels target amid oil-and-gas industry resistance.

The Environmental Protection Agency (EPA) on Friday raised biofuels targets for 2013 despite an ongoing legal battle with the oil-and-gas industry on the issue.

Ameratex Energy Signs Joint Operating Agreement to Finalize Acquisition of 47% Direct Interest in Texas Oil and Gas Field

Ameratex is pleased to announce that it has entered into its first Joint Operating Agreement (JOA) with an oil and gas field owner in Texas.

The project represents the first oil and gas near term producing assets acquired by Ameratex and will form the backbone of our development strategy in 2012.
The structural framework of the field has been well delineated by the interpretation of the available 3D seismic dataset and the well control logs which Ameratex Energy and its technical consultants have reviewed.

After re-entry of the discovery well and an expected Long Term Test (LTT), a new well will be drilled as an appraisal well to define the in-place volumes.

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Ameratex Energy Information Administration estimates world energy demand will increase by 53% between 2008 and 2035.

China’s leading ameratex energy company, Sinopec, is behind the first shale gas production campaign in the Far East giant. Industry observers say the Sichuan find could be huge, and could change the face of global natural gas. What does it mean to investors?

Ameratex Energy Information Administration estimates world energy demand will increase by 53% between 2008 and 2035.