Spartan Oil Updates on 2011 End Reserves, 2012 Capital Program
Spartan Oil Corp.(TSX:STO) has updated on its 2011 end reserve results and 2012 capital program.
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Tag Archive | "Oil Market News"
Pengrowth Energy: First Steam at Lindbergh SAGD Pilot Project
Thursday, February 9, 2012
Pengrowth Energy Corporation (TSX:PGF) has started the injection of steam at the Lindbergh Steam Assisted Gravity Drainage (SAGD) project.
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OPEC Inched Down 2012 Oil Demand Forecast
Thursday, February 9, 2012
Bloomberg reported that OPEC inched down its 2012 global oil demand growth forecast due to economic weakness in Europe and the U.S.
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Repsol YPF SA’s Argentine Unit Will Require $25 Billion Per Year
Thursday, February 9, 2012
Bloomberg reported that according to Repsol YPF SA’s (NYSE:REP) Argentine unit, it will require $25 billion per year to develop shale oil resources at the Vaca Muerta formation.
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Oil Rises 97 Cents as Inventories Climb Less Than Forecast
Thursday, February 9, 2012
Bloomberg reported that oil surged 97 cents as the U.S. Energy Department confirmed that oil stockpiles increased less than expected.
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Five Oil Stocks to Look Out For
Wednesday, February 8, 2012
Seeking Alpha reported that oil stocks such as Chesapeake Energy (NYSE:CHK), El Paso Corp. (NYSE:EP), Cabot Oil and Gas (NYSE:COG), Whiting Petroleum (NYSE: WLL),and Forest Oil (NYSE:FST) may be good for a short-term purchase or for the purpose of hedging.
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Statoil ASA’s Q4 Profit Rose to 25.5 Billion Kroner
Wednesday, February 8, 2012
Business Week reported Statoil ASA's (NYSE:STO) fourth quarter profit more than doubled.
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Oil Rose 18 Cents as U.S. Supplies Did Not Grow as Expected
Wednesday, February 8, 2012
Bloomberg reported that oil rose 18 cents as U.S. supplies did not grow as expected last week.
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Hinto Energy Acquires South Uintah Gas Properties
Tuesday, February 7, 2012
Hinto Energy, Inc. (OTCQB:HENI) has acquired South Uintah Gas Properties, Inc.
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China is the Top Buyer of Iranian and Saubi Arabian Oil
Tuesday, February 7, 2012
Reuters reported that China is in the process of purchasing a bulk of crude oil supplies from top oil from Saudi Arabia and Iran.
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Blackbird Energy Inc. – Exploration and Development of Crude Oil and Natural Gas Assets
- Hyperion Exploration Corp. – Focused on Cardium Light Oil in West Central Alberta
- Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
- Pennant Energy Inc. – Oil and Gas Exploration at the Bigstone Property, Northern Alberta
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Thursday, February 9, 2012