Canadian Natural Resources Ltd (CNQ.TO), the country’s biggest independent oil explorer, reported that it is buying into a multibillion-dollar upgrading plant that was stalled by the financial crisis, the latest in a raft of announcements showing the oil sands sector on the rebound. The press release is quoted as saying: Canadian Natural, one of Alberta’s [...]
Read the full article: "Canadian Natural update"
Tuesday, January 26, 2010
Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) reported that during the second week of January 2010, Freedom Energy International, the Company’s wholly owned subsidiary dealing with heavy oil modifying technology, hosted a return of its Venezuelan customers to conduct testing of oil samples from different sources in both Venezuela and Mexico. The press release is quoted [...]
Read the full article: "Freedom Energy’s update"
Thursday, January 21, 2010
Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN) (NYSE:PGH), reported its February 16, 2010 cash distribution will be Cdn $0.07 per trust unit. The press release is quoted as saying: Pengrowth’s operations include production from a number of conventional and unconventional assets and are evenly balanced between oil and liquids and natural gas. Future growth [...]
Read the full article: "Pengrowth Energy Trust reports Cash..."
Tuesday, January 19, 2010
Crocotta Energy Inc. (TSX:CTA)reported its 2009 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd., in accordance with National Instrument 51-101 excluding all asset sales previously announced. The press release is quoted as saying: Crocotta will provide full year-end reserve data and other oil and gas information required pursuant to Canadian Securities Administrators’ National [...]
Read the full article: "Crocotta Energy’s 2010 Capital Budget"
Monday, January 18, 2010
Sunshine Oilsands Ltd., reported that the Muskwa Primary Recovery Scheme Application # 1624506 has been approved by the ERCB. The press release is quoted as saying: The Company’s initial development plans include a conventional heavy oil project and exploitation of its SAGD cretaceous sandstone land areas. Sunshine’s initial adjudicated resource report, which was based on [...]
Read the full article: "Sunshine Oilsands update"
Wednesday, January 13, 2010
Sunshine Oilsands Ltd., announced that in December, 2009, the Company closed a non-brokered financing of 333,433 Flow-Through Common Shares at a price of $6.00 per share for gross proceeds of $2,000,598. The press release is quoted as saying: Sunshine Oilsands Ltd. is a Calgary based company engaged in the development of its significant holdings (1 [...]
Read the full article: "Sunshine Oilsands Secures Over $37 Million..."
Friday, January 8, 2010
Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) reported today that the website for Freedom Energy International, the Company’s wholly owned subsidiary dealing with heavy-oil conversion technology, is now live and active. The news release is quoted as saying: The website www.freedomenergyinternational.com will be the central point for new and exciting news and information in the future. [...]
Read the full article: "Freedom Energy International Website Goes..."
Thursday, January 7, 2010
Husky Energy Inc. (TSX:HSE) announced today the company will construct an energy efficient office building adjacent to its existing main office building in Lloydminster, Saskatchewan to serve its expanding regional operations. The news release is quoted as saying: The Lloydminster area of Alberta and Saskatchewan is a core area for Husky. The Company’s heavy oil [...]
Read the full article: "Husky reports New Office Building for..."
Wednesday, January 6, 2010
Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN) (NYSE:PGH) reported the appointment of Mr. James D. McFarland as a member of the board of directors of Pengrowth Corporation. The news release is quoted as saying: Pengrowth’s operation’s includes production from a number of conventional and unconventional assets and is evenly balanced between oil and liquids [...]
Read the full article: "Pengrowth reports Board of Directors..."
Tuesday, January 5, 2010
Baytex Energy Trust (TSX:BTE.UN) (NYSE:BTE) reported the following appointments to its management team, further preparing us for our future conversion to a corporation executing a growth-and-income model. The press release is quoted as saying: Baytex Energy Trust is a conventional oil and gas income trust focused on maintaining its production and asset base through internal [...]
Read the full article: "Baytex Energy Trust corporate update"
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Friday, January 29, 2010