Candax Energy Inc. (TSE:CAX) receives formal written confirmation from the Tunisian officials that the maturity of Candax’s El Bibane concession offshore Tunisia is December 31, 2033.
Search Results for "Madagascar"
Reuters reports that Madagascar grants Total (NYSE:TOT) a one-year extension of an exploration license and expands the extension to include conventional oil as well as heavy oil.
Candax Energy Inc. (TSE:CAX) enters into an agreement to farm-down a significant part of its working interest and operatorship of Block 1101 in Madagascar to Afren Plc.
Reuters Africa reports that Total (EPA:FP) announces that the company has requested a one-year extension on its exploration licence for Block 3102 in Madagascar.
Bloomberg.com reports that Madagascar Oil Ltd. plans to sell $80 million in shares on London’s Alternative Investment Market to fund its heavy crude pilot project.
Niko Resources Ltd. (TSE:NKO) reported its financial and operating results, including consolidated financial statements and notes thereto, as well as its managements’ discussion and analysis, for the quarter ended June 30, 2010, the first quarter of Niko’s fiscal year.
Rigzone.com reported that Madagascar: Heavy Oil Promises a Bright Future for this Island Country:
Candax Energy Inc. (TSX:CAX) announces that Falcan Chaal Petroleum Limited, a 100% owned subsidiary of Candax, and the operator of the Chaal Permit has received notification from Tunisia’s Directeur Général de l’Energie that its request for an extension to the Permit has not been accepted and that the Permit has been canceled.
Candax Energy Inc. (TSX:CAX) reported that the company has received the approval, by way of written consent in accordance with Subsection 604(d) of the Company Manual of the Toronto Stock Exchange, of a majority of its shareholders.
Gold may be taking off right now, but it’s not the only thing in an uptrend. Energy is also moving higher. The considerable drop of investment in oil exploration and production is, however, set to bring the risk of oil prices hike in the future. In Iraq, a different picture is playing out.