Americas Petrogas Inc. (TSX VENTURE:BOE) reported that the comoany has closed its previously announced equity financing by way of a private placement on a bought-deal basis by completing the sale of 12,345,700 common shares of the Corporation at a price of $0.81 per share, for gross proceeds of approximately $10 million.
Pan Orient Energy Corp. (TSX VENTURE:POE) reported that to release its December 31, 2009 National Instrument 51-101 compliant reserves appraisal for its heavy oil project at Sawn Lake Alberta, Canada, as evaluated by DeGolyer and MacNaughton Canada Limited.
Xcite Energy Limited (TSX-V: XEL) (LSE: XEL) (AIM: XEL) awarded of (in aggregate) 4,093,000 options to purchase ordinary shares of the Company to the Directors and members of the Xcite Energy Resources Limited (the Company’s wholly owned subsidiary) management team.
Xtreme Oil & Gas, Inc. (PINKSHEETS: XTOG) reported the appointment of Rear Admiral Ed Allen to Xtreme’s Board of Directors effective upon the Company’s Form-10 being finalized.
Articles.moneycentral.msn.com reported on 5 power plays for natural-gas stocks:
Sinopec (0386.HK), Asia’s top oil refiner, reported that the company will buy a stake in upstream assets in Angola for $2.46 billion and announced it wanted more such deals, which could shield it from high oil prices that hit margins in the fourth quarter.
WestFire Energy Ltd. (TSX:WFE) reported the addition of Christopher L. Fong to its board of directors.
Ameinfo.com reported if oil stocks a good buy?
EnerVest Energy and Oil Sands Total Return Trust (TSX:EOS.UN) reported its financial results for the year-ended December 31, 2009.
Dailymarkets.com reported on when Oil Stocks Double, Do You Take Profits Or Make Profits:
Wednesday, March 31, 2010