Traverse Energy Ltd. (TSX VENTURE:TVL) announced that it has successfully completed its previously announced non-brokered private placement of 2,135,000 units of the Corporation at an issue price of $1.30 per Unit.
Reliance Industries (RELI.BO) has discovered more oil on India’s western coast, raising the potential of exploratory blocks it has been drilling.
Azabache Energy Inc. (TSX VENTURE:AZA) announced the appointment of Mr. Bill Wheeler as a Director of the Company.
RockBridge Resources Inc. (TSX VENTURE:RBE) announced that production at the Woodrush oil and gas project, located in the Peace River Arch of British Columbia, increased substantially for the month of May with the operator reporting gross revenues of $1.7 million and an operating netback of $1.08 million.
Treaty Energy Corporation (OTCBB: TECO), a growth-oriented energy company in the oil and gas industry, today announced the addition of the COLEMAN CROUCH lease to its oil and gas lease properties in Pickett County Tennessee.
Suncor Energy has reached an agreement with TAQA NORTH, a subsidiary of the Abu Dhabi National Energy Company PJSC (TAQA), to sell certain natural gas properties for approximately $285 million with an effective date of April 1, 2010.
Ibtimes.com reported on Great Divide Developing in U.S. Natural Gas:
Brinx Resources Ltd. (OTCBB: BNXR) reported that it has successfully completed the OK#5-1 as another naturally flowing oil well at the Company’s Oklahoma Projects drill program.
Ryland Oil Corporation (TSX VENTURE:RYD) announced that it has entered into an arrangement agreement with Crescent Point Energy Corp. pursuant to which Crescent Point will acquire all of the issued and outstanding common shares in the capital of Ryland by way of a plan of arrangement.
Canadian Energy Services & Technology Corp. (TSX:CEU) announced that it has entered into an agreement with Fluids Management II, Ltd.
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