Strategic Oil & Gas Ltd. Announces Results of AGM and Appointment of Directors
Strategic Oil & Gas Ltd. (CVE:SOG) announced the results of its annual and special meeting of common shareholders held on August 23, 2010.
Archive for August, 2010
Spartan Exploration Ltd. Announces Increase to Bought Deal Financing
Spartan Exploration Ltd. (TSE:SPE) announced that due to excess demand it has increased its previously announced bought deal financing detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Clarus Securities Inc. and GMP Securities L.P., and including Mackie Research Capital Corporation and Stonecap Securities Inc. pursuant to which the underwriters will now purchase, on a “bought deal” basis, 5,263,000 common shares of Spartan at an issue price of $2.85 per Common Share for gross proceeds to Spartan of approximately $15.0 million.
Natural Gas Daily Technical Outlook
Ibtimes reported on Natural Gas Daily Technical Outlook:
Oil falls near $77 on energy demand doubts
Ibtimes.com reported on Oil falls near $77 on energy demand doubts:
Traverse Energy Announces 2010 Second Quarter Results
Traverse Energy Ltd.(CVE:TVL) presented financial and operating results for the six months ended June 30, 2010.
PetroWorth Announces a Normal Course Issuer Bid
PetroWorth Resources Inc. (CNQ:PTW) announced its intention to make a normal course issuer bid to repurchase some of its common shares through the facilities of the CNSX stock exchange.
Montana and North Dakota Oil Exploration and Production
In 1951 a significant oil discovery was made on the Bakken Formation, which is a very old geological deposit occupying about 520,000 square km of the subsurface of the Williston Basin, covering parts of Montana, North Dakota, and Saskatchewan. An April 2008 USGS report estimated the amount of technically recoverable oil within the Bakken Formation at 3.0 to 4.3 billion barrels.
Caza Oil & Gas: Bongo Prospect/O.B. Ranch #1 Well Update
Caza Oil & Gas, Inc.(TSE:CAZ) provided an update on the O.B. Ranch #1 well on the Bongo prospect in Wharton County, Texas.
Questerre Spuds Two More Utica Horizontal Wells in the Second Quarter
Questerre Energy Corporation (TSE:QEC) reported today on its operating and financial results for the second quarter of 2010.
Alberta Gas Fields on Sale
Suncor Energy Inc, Canada’s largest energy company, has just announced that it has agreed to a transaction with Direct Energy to sell natural gas assets for about $358.5 million. The deal comes as part of Suncor’s strategic business alignment and ongoing plans to divest of a number of non-core assets totaling $2.8 billion.
