According to an article on Wednesday in The Globe and Mail, the utilization of hydraulic fracturing technology in some of Canada’s previous gas and oil fields has the energy industry poised to produce as many as 15 billion barrels it never expected to extract.
Xcite Energy (CVE: XEL) announced that it has entered into a Standby Equity Distribution Agreement with YA Global Master SPV Ltd, an investment fund managed by Yorkville Advisors LLC, for a £20 million equity line of credit.
Suroco Energy Inc. (CVE:SRN) announced it has completed the previously announced non-brokered private placement of common shares.
Paradigm Oil and Gas, Inc. (OTC:PDGO) announced that it took delivery today of the first Transportable Enhanced Oil Recovery (T-EOR) Platform.
Caza (TSE:CAZ) announce that the Caza 158 #1 well in Upton County, Texas, operated by Devon Energy Corporation, reached a total depth of 11,012 feet on September 17, 2010.
American Petro-Hunter, Inc. (OTC:AAPH) reports its completion of the North Oklahoma oil project. The Company has been informed by the Operator that multiple zones in the target formations will be completed based on strong oil shows from two pay intervals of over 40 feet each. For complete news release, click here. For American Petro-Hunter’s company profile, click [...]
GASFRAC Energy Services Inc. (CVE:GFS) announced that the Board of Directors has approved the appointment of Reid MacDonald as President of GASFRAC.
Kulczyk Oil Ventures Inc. (WAR:KOV) announced that the Markisa-1 well on Block M in Brunei Darussalam has commenced drilling
Crescent Point Energy Corp. (TSE:CPG) announced that it has acquired more than one million net acres of exploratory land in southern Alberta that the Company believes is prospective for multi-zone light oil opportunities, including the unconventional Bakken and Three Forks zones.
Suroco Energy Inc. (CVE:SRN) announced its intention to increase the size of its recently announced proposed private placement to up to $13.2 million worth of common shares, subject to the approval of the TSX Venture Exchange.
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