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Monthly Archives: August 2012

Ameratex Energy growing with oil and gas boom!!

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Competency based assessment on the job by our Rig Safety Training Coordinators ensure our employees are recognized and promoted within.

For our drillers it is mandatory to hold a Cert IV Drilling – (Onshore Oil and Gas) and Rig Managers a Diploma in Drilling (Onshore Oil and Gas).

Our values, safety, teamwork, respect, integrity, value and empowerment , summarized in the word STRIVE, will guide us to ensure we achieve our goals.

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Ameratex Energy: Qatar Petroleum-Exxon Venture Requests Permit to Export U.S. Natural Gas.

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AMERATEX ENERGY HOUSTON—Golden Pass Products LLC, a joint venture between Exxon Mobil Corp. XOM -0.78% and Qatar Petroleum, is asking federal authorities for permission to export large quantities of liquefied natural gas made in the U.S. from an existing terminal near the Texas-Louisiana border, an executive said Friday.

AmeratexEnergy Oil and Gas Industry Fuels the Economy!

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American oil and gas companies (like Ameratex Energy, etc..) alone have made a much bigger contribution toward a potential recovery than many citizens realize. The U.S. economy benefits greatly from substantial investments (over $36 billion), hiring (148,000 direct and indirect jobs), and taxes paid (over $95 billion) by oil and gas firms in 2011.

Ameratex Energy Reports: Brazil oil and gas industry to invest $45 bln in 2012-Petrobras

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(Reuters) – Brazil’s oil and gas industry will spend $45 billion in 2012, Maria das Graças Foster, chief executive of state-led Petrobras, the largest Brazilian energy company, told reporters on Monday.

USA Based Ameratex Energy: Rich Resource for Shale Oil and Gas Production

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Assessment and Outlook to 2030, finds that, given supportive policies, US Based Ameratex could become one of the world’s top shale and oil- and gas-producing companies.

Ameratex Energy has developed a plausible shale oil and gas production forecast; the principle challenge is the USA government’s pricing policies and uncertain regulatory environment. Despite this challenge, Ameratex Energy believes several companies will proceed with development, and production from shales will increase from very low levels today to modest levels by 2020 and could be a significant part of USA’s hydrocarbon production by 2030.

Ameratex Energy Report: Oil Versus Natural Gas

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Ameratex Natural gas has crossed above the psychological US$3.00 mmbtu level, and now sits at Henry Hub US$3.09 mmbtu. That marks a 68% gain from a severely depressed US$1.84 mmbtu price reached in April 2012. Still, on October 1, 2011, when the stock market made its last significant low, the natural gas price was US$3.67 mmbtu. So, it is still down 16% since then.