Rival Technologies Inc. is pleased to provide shareholders with a year end update of current and planned activities as we continue to execute on the second of our four phase development plan. For full story, click here
Pearl Exploration and Production Ltd. is pleased to announce that it has signed a definitive agreement to acquire 100% of the outstanding shares of BlackCore Resources Inc.and has agreed to hire a new senior management team who were formerly with the highly successful BlackRock Ventures Inc. For full story, click here
Connacher said that prices are so low it can no longer cover its costs and is unwilling to keep pumping out its reserves at a loss. For full story, click here
Producing heavy oil in Canada, much of which comes from the big oil sands deposits of northern Alberta, is a tough business and it’s getting tougher. For full story, click here
An Alberta petroleum company using a revolutionary process to extract underground bitumen has finally won ERCB approval for an expansion to its heavy oil pilot project south of Fort McMurray. For full story, click here
PetroVietnam Exploitation and Production Corporation (PVEP), a subsidiary of the Vietnam National Oil and Gas Group (PetroVietnam), will establish a joint venture with a Venezuelan firm to exploit and refine heavy oil in Venezuela. For full story, click here
Spry Energy Ltd. is pleased to announce the financial and operating results for our first quarter ended September 30,2008. For full story, click here
Extraction and refining of heavy oil from Canada’s oil sands threatens to kill as many as 166 million migratory birds over the next 30 to 50 years, according to a report released. For full story, click here
Malaysia is set to invest up to $14 billion in Iran’s energy sector. For full story, click here
Bronco Energy Ltd. is pleased to announce recent significant increases in production from its Upper Wabiskaw heavy oil field at Wabasca, Alberta.. For full story, click here
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