Oil Firms Plan New Year Budgets after $53.5B Spend in 2011
Financial Post reported that Canadian oil firms are trying to plan next year's budget amid volatile oil prices.
Financial Post reported that Canadian oil firms are trying to plan next year's budget amid volatile oil prices.
Simba Energy Inc. (CVE:SMB,FRA:GDA,OTC:SMBZF) announced the Kenyan government has granted Block 2A to the company by way of a Production Sharing Contract.
Simba Energy Inc. (CVE:SMB) reports its finalizing an onshore Liberian PSC application.
Zone Resources Inc. (CVE:ZNR) reports that it has acquired an option to earn a 100% interest in the Moore-Ross Iron property, Nunavik, northern Quebec.
Hemisphere Energy Corporation (CVE:HME) reports that it has closed the acquisition of the oil producing Jenner property in southeastern Alberta for $1.1 Million.
Primary Petroleum Corporation (CVE:PIE,PINK:PETEF) reports that its information will be made available to all Investors via Standard & Poor's Market Access Program.
The Montreal Gazette.com reports that Imperial Oil (AMEX:IMO) that there are no immediate plans for the Canadian government to approve the MacKenzie Valley pipeline
Bloomberg.com reports that Oil is trading at a 27-month high
The Vancouver Sun.com reports that oil prices are up, generating concerns labour shortages in Alberta's Oil Patch
The Winnipeg Free Press.com reports that the loonie closed higher today, driven up by higher oil prices,
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