Lundin Petroleum AB (TSX:LUP) has started drilling appraisal well 16/2-11 on the Johan Sverdrup PL501 discovery.
Online Energy Inc. (TSXV:ONL) updated on its 2011 year end reserves.
Poplar Creek Resources Inc. (TSXV:PCK) started production on the Sparky heavy oil property in the Warspite area of Alberta.
Seeking Alpha reported that Baytex Energy (NYSE:BTE) is a significant stock that pays shareholders good dividends and tend to have rising share price.
Reuters Africa reported that PetroNova Inc's (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia's Llanos basin.
Arctic Hunter Energy Inc. (TSXV:AHU) has drilled and completed a well on its Landrose property, Saskatchewan.
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.
Bloomberg reported that according to the Economist Intelligence Unit, Saudi Arabia has excess crude to replace a large share of the heavy oil exported by Iran.
Americas Petrogas (TSXV:BOE) updated on two blocks, Medanito Sur and Rinconada Norte, in the Neuquen Basin in Argentina.
Friday, February 3, 2012