China’s Heavy Demand for Heavy Oil
Rigzone.com reported on China’s Heavy Demand for Heavy Oil:
Read the full article: "China’s Heavy Demand for Heavy Oil"
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Featured Heavy Oil Companies
Xcite Energy Limited Announces 1st Quarter Results
Friday, May 28, 2010
Formation of the Bentley Alliance and engaging industry leading partners including BP, AMEC, Transocean and ADTI to assist in the programme to bring the Bentley field into development.
Read the full article: "Xcite Energy Limited Announces 1st Quarter..."
Reliable Energy Ltd. Announces Closing of $15 Million Bought-Deal Financing
Thursday, May 27, 2010
Reliable Energy Ltd. (TSX VENTURE:REL) reported that the company has completed the issuance of 30,000,000 special warrants at a price of $0.30 per Special Warrant and 16,500,000 common shares of the Company issued on a “flow-through” basis, at a price of $0.365 per FT Share, for aggregate gross proceeds of $15 million.
Read the full article: "Reliable Energy Ltd. Announces Closing of..."
Yoho Resources Inc. Announces Financial and Operating Results for the Second 2010 Fiscal Quarter
Wednesday, May 26, 2010
Yoho Resources Inc. (TSX VENTURE:YO) reported that it has filed today the interim unaudited consolidated financial statements for the six months ended March 31, 2010 and related Management’s Discussion and Analysis.
Read the full article: "Yoho Resources Inc. Announces Financial and..."
Suroco Energy Inc. Provides Operational Update on Its Operations and the Operations of Winchester
Tuesday, May 25, 2010
Suroco Energy Inc. (TSX VENTURE:SRN) provided an update to its operations and the operations of Winchester Oil & Gas S.A.
Read the full article: "Suroco Energy Inc. Provides Operational..."
Signature Exploration Renews Lease on Nettie Rhodes Property in Young County, Texas
Monday, May 24, 2010
Signature Exploration and Production Corporation (OTCBB: SXLP), an independent energy company engaged in the exploration, development, exploitation and acquisition of onshore oil and natural gas properties in the U.S., reported that the lease agreement on its Nettie Rhodes property located in Young County, Texas has been extended for another twelve (12) months.
Read the full article: "Signature Exploration Renews Lease on Nettie..."
Excelsior Energy Provides Update to Previously Announced Private Placements
Friday, May 21, 2010
Excelsior Energy Limited (TSX VENTURE:ELE) reported that it will not be required to obtain the approval of its shareholders prior to the completion of the proposed $20.0 million and $6.0 million private placements announced on April 16, 2010, and May 13, 2010, respectively.
Read the full article: "Excelsior Energy Provides Update to..."
Nexen Sells Canadian Heavy Oil Properties
Thursday, May 20, 2010
Nexen Inc. reported that it has agreed to sell its heavy oil properties in Western Canada to Northern Blizzard Resources Inc. for approximately $975 million.
Read the full article: "Nexen Sells Canadian Heavy Oil Properties"
Why Does Heavy Oil Matter?
Thursday, May 20, 2010
Rigzone.com reported Why Does Heavy Oil Matter?
Read the full article: "Why Does Heavy Oil Matter?"
Ridgeline Announces Amendment to Private Placement
Wednesday, May 19, 2010
Ridgeline Energy Services Inc. (TSX VENTURE:RLE) reported that the company is amending the terms to its private placement previously announced on May 4, 2010.
Read the full article: "Ridgeline Announces Amendment to Private..."
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Asides
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Friday, May 28, 2010