Ivanhoe Rises After ‘Significant’ Gas Find in China
Bloomberg.com reports that stocks in Ivanhoe Energy(NASDAQ:IVAN,TSE:IE) rose 11% after news of a major gas find in China.
Archive for 2010
Enbridge rations more oil pipeline capacity
Reuters.com reports that Enbridge Inc (TSE:ENB) was forced capacity rations again, because of overbooking on pipelines, and the need to ration space.
More demand from Asia should drive up metal, potash, oil prices in 2011
The Winnipeg Free Press.com reports that demand from emerging markets, like China, will float commodity demand in 2011
Far East Energy Announces Completion of Gathering System, Nomination of First Gas Sales, and Anticipated Payment
Far East Energy (OTC:FEEC) announced that they have started the process for nomination of initial gas for sales with their partner CUCBM.
Canadian Stocks Advance After Shale-Gas, Potash Acquisitions
Bloomberg.com reports that Canadian stocks were up today, driven in part by natural-resource stocks on news of acquisitions
Sasol to Pay Talisman $1.04 Billion for Stake in Canadian Shale Gas Assets
Bloomberg.com reports that, for a stake in Talisman Energy Inc’s (TSE:TLM,NYSE:TLM) Canadian shale-gas assets, Sasol Ltd (NYSE:SSL) will pay C$1.05 B .
Mackenzie Gas Project will create jobs and move Yukon gas to market
The Winnipeg Free Press.com reports that the goverment in the Yukon welcomes the Mackenzie Gas Project , as it represents jobs and a portal to ship Yukon gas to market, if it proceeds.
Nextraction Energy and Primary Petroleum Form Oil Joint Venture in Montana
Nextraction Energy Corporation (CVE:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (CVE:PIE).
Primary Petroleum and Nextraction Energy Form Oil Joint Venture in Montana
Primary Petroleum Corporation (CVE:PIE) reports that it has entered into a Seismic and Farmout Agreement with Nextraction Energy Corp. (CVE:NE) whereby it can earn an interest in Primary’s 20,000 acre Saturn Prospect, Daniels County, Montana.
Oil Exploration in West Africa
The West African offshore oil and gas industry has a history of exploration of more than 50 years, with international majors and smaller firms having held, and relinquished, licences all along the coast since the British discovered oil in the Niger Delta in the late 1950s.
