Articles Tagged "petroleum"

Peak Oil

The increasing investment in harder-to-reach oil is often sited as a sign of oil companies' belief in the end of easy oil. Additionally, while it is widely held that increased prices catalyze an increase in production, a growing number of oil insiders are now coming to believe that production is unlikely to increase widely beyond current ranges.

Alberta Star Successful at the Saskatchewan Crown Land Sale

Alberta Star Development Corp. (CVE:ASX) acquires petroleum and natural gas rights on a 160 acre parcel of undeveloped lands in the Lloydminster heavy oil region.

Alberta Star Acquires Additional Land at Landrose

Alberta Star Development Corp. (CVE:ASX) acquires a 100% interest in petroleum and natural gas rights on 40 gross acres of land located in Section 16-50-26 W3M in the Landrose area of west-central Saskatchewan.

Treaty Energy Updates Progress on Belize

Treaty Energy Corporation (OTC:TECO) updates on the progress of its Joint Venture with Princess Petroleum Limited on the 2 million acre concession in Belize.

Alberta Star Enters Agreement for Participation in Two Heavy Oil Wells in Landrose, Saskatchewan

Alberta Star Development Corp. (CVE:ASX) reports that the company has entered into a sub-participation agreement with Arctic Hunter Uranium Inc.

Oil Prices Climb on Supply Concerns and Bernanke Comments

Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.

Western Potash Strikes Hydrocarbons

Western Potash (TSX-V: WPX) announced today that drill hole data from their potash exploration program has returned data suggesting the presence of hydrocarbons. An evaluation by a petroleum geologist suggests two formations are targets for significant natural gas. Patricio Varas, the CEO of WPX is quoted saying: The possibility of [...]