Heavy Oil

Suroco Energy Inc. (CVE:SRN) announced it has completed the previously announced non-brokered private placement of common shares.

Paradigm Oil and Gas, Inc. (OTC:PDGO) announced that it took delivery today of the first Transportable Enhanced Oil Recovery (T-EOR) Platform.

Kulczyk Oil Ventures Inc. (WAR:KOV) announced that the Markisa-1 well on Block M in Brunei Darussalam has commenced drilling

Crescent Point Energy Corp. (TSE:CPG) announced that it has acquired more than one million net acres of exploratory land in southern Alberta that the Company believes is prospective for multi-zone light oil opportunities, including the unconventional Bakken and Three Forks zones.

Ithaca Energy Inc. (CVE:IAE) and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, is pleased to announce it has received Field Development Plan approval from the UK Department for Energy and Climate Change for the Athena oil field.

Tethys Petroleum Limited (TSE:TPL) announced that it had signed a gas sales contract which will move the Company into a position of positive operating cash flow.

Allied Energy, Inc. (PINK: AGGI) announced that the Company is making preparations to begin drilling its second horizontal well in the historic Giddings Field of Grimes County, Texas.

NAL Oil & Gas Trust (TSE:NAE.UN) provided an operations update on its Cardium and Mississippian light oil projects in central Alberta and southeast Saskatchewan.

Tethys Petroleum Limited (TSE: TPL) announced that it has commenced oil sales under a test production scheme from the Doris oil discovery in Kazakhstan.