Excelsior Energy Limited (TSX VENTURE:ELE) reported that pursuant to the terms and conditions of its stock option plan, it has granted, in the aggregate, 3,280,000 incentive stock options to purchase common shares of Excelsior to directors, officers and employees. The press release is quoted as saying: Excelsior is an early stage, oil sands company with [...]
Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX: PGF.UN) (NYSE: PGH)announced capital spending and operational guidance for 2010. The press release is quoted as saying: In 2010, $82 million will be spent on operated tight carbonate plays including $27 million at Carson Creek and $21 million at Judy Creek. Pengrowth also plans to spend $15.5 [...]
Canacol Energy Ltd. (TSX VENTURE:CNE)updated on 2010 work plan and budget for its Capella heavy oil discovery in Colombia. The press release is quoted as saying: The anticipated cost of the program is US$ 41,470,000, with Canacol’s share being US$ 4,147,000. The Corporation is fully funded to execute this project, as well as the remainder [...]
On Monday, Husky Energy Inc (HSE.TO), Canada’s No. 3 integrated oil company, plans to boost spending by more than a fourth next year. The company plans to develop its big natural gas finds off the coast of China and pushes forward on its biggest oil sands project. The news release is quoted as saying: After [...]
On Saturday, Angola’s national oil company, Sonangol won deals to establish and develop two oilfields in one of Iraq’s most dangerous regions. The news release is quoted as saying: The Qayara and Najmah oilfields were among the smallest on offer in a two-day auction for 10 fields that included some of Iraq’s choicest fields…Sonangol won [...]
Husky Energy Inc. (TSX:HSE) today announced that the company has entered into an agreement with Suncor Energy Inc. and Suncor Energy Products Inc. to purchase 98 retail outlets in the Ontario market. The press release is quoted as saying: Husky is one of Canada’s largest fully integrated energy companies. In addition to being active in [...]
Gemini Corporation (TSX VENTURE:GKX) today announced the appointment of Mr. Michael Ostapiw as Vice President, Integrated Solutions. The press release is quoted as saying: The Corporation’s principal target markets are conventional oil and gas, unconventional gas, heavy oil, industrial, and renewable energy. Click here to access the entire press release Click here to access Gemini [...]
Petrominerales Ltd.(TSX:PMG) today announced that it has agreed to acquire all of the outstanding shares of PanAndean Resources PLC (AIM:PRE) by way of scheme of arrangement, to be completed in accordance with the United Kingdom Companies Act 2006. The press release is quoted as saying: Petrominerales Ltd. is a Latin America-based exploration and production Company [...]
TAMM Oil and Gas Corp. (OTCBB:TAMO) today reported that the company has entered into a Farmin agreement to earn the Heavy Oil Rights on up to 1,280 acres through Zentrum Energie Trust, AG of Switzerland in the Manning area of Northwest Alberta, Canada. The news release is quoted as saying: The Farmin Agreement provides that [...]
Sunshine Oilsands Ltd.,today announced that the Sunshine Harper Carbonate Pilot Application # 1587764 has been approved by the ERCB. The press release is quoted as saying: Sunshine Oilsands Ltd. is a Calgary based company engaged in the development of its significant holdings (1 million acres) of in-situ oil sands deposits in the Athabasca region.The Company’s [...]
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