Saxon Oil, a Tier One Texas-based Canadian company, is an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas reserves.
Read the full article: "Saxon Oil: Meeting Future Challenges"
Friday, September 12, 2008
GP Energy (GPE – TSX.V) is an emerging junior international oil and gas company focusing on Eastern Central Europe and the U.S.
Read the full article: "Gold Point Energy: Focus on Central Europe..."
Friday, September 12, 2008
Pyramid Petroleum, Inc. (TSX-V: PYR) with its headquarters located in Houston, Texas, is an oil and gas exploration and production company with substantial upside through its strategically located operations in the Gulf of Mexico (“GOM”).
Read the full article: "Pyramid Petroleum: Focusing On Domestic And..."
Wednesday, September 10, 2008
Deloro Resources Ltd. reports that they have received the Canadian, Saskatchewan government permit for Electro Petroleum Inc. to conduct a pilot test on their Wilkie property.
The test will use our horizontal well already drilled on the property. The equipment for conducting the test will start moving in immediately.
For full details of this press release, click this link. To view [...]
Read the full article: "Deloro gets green light for Wilkie Pilot..."
Wednesday, September 10, 2008
LNG Energy reports that it has signed a letter of intent with Tyner Resources whereby it has agreed to transfer to Tyner all of its 15% working interest in oil and gas leases in the Palo Duro Basin.
In consideration of the transfer of the interest (the “Transaction”), Tyner has agreed to issue, subject to regulatory approval, 9,378,208 common shares in [...]
Read the full article: "LNG Energy signs LOI for Palo Duro assets"
Monday, September 8, 2008
Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. The National Post has arrived at an interesting bit of statistic from among the reams of gas price data.
A story in this paper said:
The premium being paid for oil over natural gas in the US on an energy equivalent basis has [...]
Read the full article: "Natural gas futures hovering at six-month..."
Monday, September 8, 2008
Gazprom offered to buy 100% of Azerbaijan’s natural gas exports for resale to Europe. It will be interesting to see if Azerbaijan will comply.
Natural gas futures fluctuated in response to Hurricane Gustav’s threatening track through the Gulf of Mexico over the weekend.
For more natural gas market news, visit here
Read the full article: "Gazprom offered to buy 100% of..."
Monday, September 8, 2008
Falling natural gas prices are a boon to oil sands operators, if the prices remain low in the upcoming months.
For more heavy oil market news, click this link
Read the full article: "Falling natural gas prices boon to oil sands..."
Monday, September 8, 2008
Iranian officials said that the country has around 85 billion barrels of recoverable heavy oil.
Mohammad-Ali Emadi, director of research and development at the National Iranian Oil Company (NIOC), said:
Iran has more than 85 billion barrels of recoverable heavy oil.
For more heavy oil news, click here
Read the full article: "Iran has 85 billion barrels of recoverable..."
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Friday, September 12, 2008