Arctic Hunter Energy Inc. (TSXV:AHU) has drilled and completed a well on its Landrose property, Saskatchewan.
Archive for January, 2012
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.
Business Week reported that Canadian natural gas dropped 19.25 cents as demand plummeted due to mild weather across the U.S.
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, Inc. (TSXV:MMT) and SunTrust Oil Company updated on the operational activities on the Umusadege field, onshore Nigeria.
Bloomberg reported that oil futures gained 1.9 percent as Greece expressed that debt resolving talks hare moving towards positive direction.
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.
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 Inc. (TSXV:ERI) has reported regarding the proposed acquisition of the upstream drilling and production division of Oando PLC.
WestFire Energy Ltd. (TSX:WFE) announced 2011 acquisition and operation update.