Heavy Oil Investing News

Poplar Creek: Production Update on the Sparky Heavy Oil Property

Researcher — Thu, 02 Feb 2012 21:13:03 +0000

Poplar Creek Resources Inc. (TSXV:PCK) started production on the Sparky heavy oil property in the Warspite area of Alberta.

Baytex Energy is a Significant Dividend Stock

Researcher — Thu, 02 Feb 2012 20:50:44 +0000

Seeking Alpha reported that Baytex Energy (NYSE:BTE) is a significant stock that pays shareholders good dividends and tend to have rising share price.

PetroNova Shares Rose 13 Percent After Colombia’s Llanos Oil Discovery

Researcher — Thu, 02 Feb 2012 03:31:39 +0000

Reuters Africa reported that PetroNova Inc's (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia's Llanos basin.

Arctic Hunter Drills and Completes Another Well at Landrose, Saskatchewan

Researcher — Tue, 31 Jan 2012 23:10:16 +0000

Arctic Hunter Energy Inc. (TSXV:AHU) has drilled and completed a well on its Landrose property, Saskatchewan.

U.S. Gulf Coast Oil Premiums Gained

Researcher — Mon, 30 Jan 2012 22:08:33 +0000

Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.

Exile Resources Updates on Proposed Acquisition of Oando PLC

Researcher — Mon, 30 Jan 2012 22:03:56 +0000

Exile Resources Inc. (TSXV:ERI) has reported regarding the proposed acquisition of the upstream drilling and production division of Oando PLC.

Saudi Oil Can Replace Large Share of Iran Heavy Oil Exports

Researcher — Fri, 27 Jan 2012 19:38:45 +0000

Bloomberg reported that according to the Economist Intelligence Unit, Saudi Arabia has excess crude to replace a large share of the heavy oil exported by Iran.

Americas Petrogas Updates Medanito Sur and Rinconada Norte

Researcher — Fri, 27 Jan 2012 05:46:38 +0000

Americas Petrogas (TSXV:BOE) updated on two blocks, Medanito Sur and Rinconada Norte, in the Neuquen Basin in Argentina.

Occidental Petroleum 2011 Q4 Revenue Rose 27.8%

Researcher — Thu, 26 Jan 2012 05:16:23 +0000

Zacks reported that Occidental Petroleum Corporation’s (NYSE:OXY) 2011 Q4 revenue rose 27.8% to $2.02 per share from $1.58 per share.

Heavy Louisiana Sweet Dropped 35 Cents to $12.15

Researcher — Wed, 25 Jan 2012 00:39:43 +0000

Bloomberg reported that U.S. Gulf Coast oil premiums wavered after premium of Brent to WTI dropped 12 cents to $10.88.