Arctic Hunter Drills and Completes Another Well at Landrose, Saskatchewan
Arctic Hunter Energy Inc. (TSXV:AHU) has drilled and completed a well on its Landrose property, Saskatchewan.
Archive for January, 2012
Fairborne to Sell Clive D2 and D3 Unit for $47.5 Million
Fairborne Energy Ltd. (TSX:FEL) has agreed to sell the company’s 100% working interest in the Clive D2A and D3A Units for $47.5 million.
Canadian Natural Gas Fell 19.25 Cents
Business Week reported that Canadian natural gas dropped 19.25 cents as demand plummeted due to mild weather across the U.S.
Gallic Energy Plans to Alter in Well Plan for Ossun-2
Gallic Energy Ltd. (TSXV:GLC) has planned to alter its current snubbing unit to a drilling rig on the Ossun-2 well, Aquitaine Basin in Southern France.
Mart Resources: Operational Activities on Umusadege Field
Mart Resources, Inc. (TSXV:MMT) and SunTrust Oil Company updated on the operational activities on the Umusadege field, onshore Nigeria.
Oil Gains 1.9 Percent on Europe Optimism
Bloomberg reported that oil futures gained 1.9 percent as Greece expressed that debt resolving talks hare moving towards positive direction.
Bakken Shale Driving US Oil Production Growth
The Bakken Shale is fueling an upturn in fortunes for the US oil industry and could be the prime driver of oil production growth in the US over the next decade.
U.S. Gulf Coast Oil Premiums Gained
Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.
Exile Resources Updates on Proposed Acquisition of Oando PLC
Exile Resources Inc. (TSXV:ERI) has reported regarding the proposed acquisition of the upstream drilling and production division of Oando PLC.
WestFire Energy Announced 2011 Acquisition and Operation Update
WestFire Energy Ltd. (TSX:WFE) announced 2011 acquisition and operation update.
