Reef

Tidelands Oil & Gas Corp. said Wednesday that subsidiary Reef International LLC had received operating and construction permits from the Texas Railroad Commission to begin construction of the Eagle Pass/Piedras Negras International Pipeline crossing from Texas into Mexico. Federal permits still have to be granted, but they are expected “in the very near future,” said Tidelands in a statement.

PanCanadian Petroleum said its Musquodoboit E-23 exploration well, in a carbonate reef play about 155 miles southeast of Halifax, Nova Scotia, was a dry hole, and the company is moving its operation to a different location offshore Nova Scotia. It holds a 74% interest in the well and was the operator. Murphy Oil holds the remaining 26% in the well.