Compass Petroleum Ltd. (TSX VENTURE:CPO) provided an update concerning its Viking light oil horizontal drilling program at the Lucky Hills property in the Dodsland area of west central Saskatchewan.
Rigzone.com reported on Heavier Crude Feedstocks: Gaining Respect:
Canacol Energy Ltd. (TSX VENTURE:CNE) announced that it has received approval from the Bolsa de Valores de Colombia to be listed on the Colombian Stock Exchange commencing July 22, 2010.
Sun Cal Energy Inc. (PINKSHEETS: SCEY) announced the acquisition of a 935 acre lease, located in the prolific San Joaquin Valley Basin of Central California.
Heavyoilinfo.com reported that Geophysical monitoring of heavy oil production:
Crown Point Ventures Ltd. (TSX VENTURE:CWV) reported that it has completed the drilling of the first of three onshore oil wells to be drilled in sequence at El Valle in the Golfo San Jorge basin of Argentina.
Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN)(NYSE:PGH) and Monterey Exploration Ltd. (TSX:MXL)announced that they have entered into an arrangement agreement pursuant to which Pengrowth Corp. will acquire all of the issued and outstanding common shares of Monterey not presently owned by Pengrowth.
Africa Oil Corp. (TSX VENTURE:AOI) reported that it has agreed to sell on a non-brokered, private placement basis, an aggregate of up to 20 million common shares of the Company at a price of Cdn $1.00 per share for gross proceeds of up to Cdn $20 million.
Rigzone.com reported that Madagascar: Heavy Oil Promises a Bright Future for this Island Country:
WesternZagros Resources Ltd. (TSX VENTURE:WZR)reported that the company has successfully retrieved the upper 450 metres portion of the parted drill string at the Kurdamir-1 well.
Friday, July 30, 2010