Tag Archive | "financial"

True Energy unveiled year end 2008 financial results

Tuesday, March 17, 2009

True Energy Trust unveiled its financial and operating results for the year ended December 31, 2008. The Trust reported to have entered into various commodity risk management contracts. Effective October 1, 2008 this tuck-in acquisition added approximately 225 bbls/d of heavy oil production for metrics of $19,100/boe/d and $8.60/boe. For full story, click here

Freedom Financial Holdings Heavy Oil Initiative Update

Friday, January 30, 2009

Freedom Financial Holdings, Inc. CEO Brian Kistler announced today that the company has successfully secured Oil and Gas Leases for an additional 720 acres of ground in Vernon County, Missouri, the company believes to be rich with heavy oil sands. Freedom Financial Holdings, Inc. CEO Brian Kistler, said: The last several months has been a [...]

Spry announces first quarter financial and operating results

Wednesday, December 3, 2008

Spry Energy Ltd. is pleased to announce the financial and operating results for our first quarter ended September 30,2008. For full story, click here  

Freedom Financial Holdings gets funds

Wednesday, November 12, 2008

The company has got its initial round of financing to begin deployment of its heavy oil initiative. For full story, click here

Financial Turmoil hits global investment

Wednesday, October 29, 2008

The growing financial crisis and plunging energy prices have forced oil companies to scale back spending and delay projects, with projects in the Canadian oil sands hardest hit. For full story, click here

Financial turmoil: Heavy oil-producing nations least affected

Monday, October 27, 2008

The economies of heavy oil-producing countries are the ones that are least affected by the  effects of the financial turmoil. For full story, click here    

Upgrader: Tight belts

Wednesday, October 8, 2008

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news As predicted, the combination of falling oil prices, demand destruction and tight credit is beginning to affect heavy oil and oil sands. Energy stocks and trusts are down, and the news marginalia suggests that companies have a bleak outlook for the future profitability [...]

Upgrader: The end of the beginning

Thursday, October 2, 2008

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market News: Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. Apologies to Winston Churchill, but this quote is perhaps the best measure of the rocky state of the global financial [...]

Upgrader: August 22

Friday, August 22, 2008

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Hello to everyone out there. Sorry that Upgrader is later than usual this week. I have been in Winnipeg and Northern Ontario on a semi-vacation. On that note, it was helpful to be without news for a few days as it offered perspective on what [...]

Freedom Financial to launch Heavy-Oil Conversion Technology

Wednesday, August 6, 2008

Freedom Financial Holdings, Inc. signed an LOI with an Oil Technology group to form a Joint Venture for launching new Heavy-oil conversion technology and begin production on reserves within Southwest Missouri. For full story, click here

Asides

Get our exclusive independent commentary on heavy oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information