Upgrader:Harper’s gambit
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
Upgrader: elections special
Thursday, October 16, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Canada: Upgrader is going up later than usual this week because of the Canadian Federal Election and the American Presidential debate. Now that these two events are a matter of record, there is much good news for the heavy oil and oil sands industries. First, [...]
Introduction to Hydrocarbon Investing
Hydrocarbons are the sine qua non of modern life. A short thought experiment illustrates the point rather well. Think of how your day would go if you couldn’t use the internal combustion engine, plastic, most electricity, the products of commercial agriculture or anything that has traveled by ship. If you pay even tangential attention to [...]
Heavy Oil and Oil Sands Introduction
Depictions of the oil industry often involve images of geysering derricks, boisterous Texans and ultra-wealthy Arab sheikhs. Though these stereotypes have some element of truth in them, they conceal more than they illuminate about hydrocarbons in the 21st century. Conventional oil will remain the cornerstone of our energy economy into the forseeable future, but high [...]
Tullow Oil and Africa Oil to Jointly Explore New East African Rift Trend
Africa Oil Corp. (CVE:AOI) reported that it has signed a definitive farmout agreement with Tullow Oil plc whereby Tullow will acquire a 50% interest in, and operatorship of, three of Africa Oil’s east African exploration blocks, comprised of two exploration blocks in Kenya and one exploration block in Ethiopia.
Canadian Natural Resources Limited Announces Horizon Oil Sands Production
Canadian Natural Resources Limited (TSE:CNQ, NYSE:CNQ) announced monthly production of Synthetic Crude Oil at Horizon Oil Sands as follows: Q1 2010 :86,995 bbl/d, Q2 2010 :99,950 bbl/d,July 2010 :93,300 bbl/d, August 2010 forecast :49,000–50,000 bbl/d.
Why Does Heavy Oil Matter?
Rigzone.com reported on Why Does Heavy Oil Matter?:
Petro Vista Provides Operations Update of Core Properties in Brazil and Colombia
Petro Vista Energy Corp. (CVE:PTV) provided the following operations update on its core properties: Tartaruga block, Brazil and Morichito, La Maye and SSJN-5 blocks, Colombia.
Underwater ‘River’ of Oil Confirmed in Gulf
Theenergyreporter.com reported on Underwater ‘River’ of Oil Confirmed in Gulf:
Strategic Oil & Gas Ltd. Announces Results of AGM and Appointment of Directors
Strategic Oil & Gas Ltd. (CVE:SOG) announced the results of its annual and special meeting of common shareholders held on August 23, 2010.
Spartan Exploration Ltd. Announces Increase to Bought Deal Financing
Spartan Exploration Ltd. (TSE:SPE) announced that due to excess demand it has increased its previously announced bought deal financing detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Clarus Securities Inc. and GMP Securities L.P., and including Mackie Research Capital Corporation and Stonecap Securities Inc. pursuant to which the underwriters will now purchase, on a “bought deal” basis, 5,263,000 common shares of Spartan at an issue price of $2.85 per Common Share for gross proceeds to Spartan of approximately $15.0 million.
PetroWorth Announces a Normal Course Issuer Bid
PetroWorth Resources Inc. (CNQ:PTW) announced its intention to make a normal course issuer bid to repurchase some of its common shares through the facilities of the CNSX stock exchange.
Questerre Spuds Two More Utica Horizontal Wells in the Second Quarter
Questerre Energy Corporation (TSE:QEC) reported today on its operating and financial results for the second quarter of 2010.
Suncor Energy agrees to sell non-core Wildcat Hills assets in Alberta
Suncor Energy (NYSE:SU) has reached an agreement with Direct Energy to sell certain natural gas properties for approximately $375 million with an effective date of May 1, 2010.
Asides 
HeavyOilInvestingNews.com maintains a focus on Heavy Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
For upcoming heavy oil investing trade shows, see the following links: Oil Sands Technology Show, Houston Energy Financial Forum
The Heavy Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Thursday, November 6, 2008
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