Painted Pony Petroleum Announces Montney Well Results
Painted Pony Petroleum Ltd. (CVE:PPY.A) reported initial test results on its northeast British Columbia Montney lands.
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Chevron May Start Output at Venezuela’s Carabobo in 2012
Wednesday, September 28, 2011
Bloomberg reported that Chevron Corp. (NYSE:CVX) and its partners on the Carabobo 3 block in Venezuela’s Orinoco heavy oil belt may commence production in the third quarter of 2012.
Continue reading "Chevron May Start Output at Venezuela’s Carabobo in 2012"
Rancor Grows Over Planned Oil Pipeline From Canada
Wednesday, September 28, 2011
New York Times reported that the public debate over a $7 billion oil pipeline from Canada through the United States has taken on an unexpected turn this week.
Continue reading "Rancor Grows Over Planned Oil Pipeline From Canada"
Precision Drilling Corporation 2011 Third Quarter Results
Wednesday, September 28, 2011
Precision Drilling Corporation (TSE:PD) plans to release its 2011 third quarter results on Friday, October 21, 2011 and webcast at 12:00 Noon MT (2:00 p.m. ET) on the same day.
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Bakken Oil Premium Weakens as Enbridge Shuts North Dakota Line
Monday, September 26, 2011
Bloomberg reported that the premium for Bakken crude weakened after Enbridge Inc. (NYSE:ENB) shut a leaked pipeline in North Dakota.
Continue reading "Bakken Oil Premium Weakens as Enbridge Shuts North Dakota Line"
Signing of Uganda-Tullow Venture Delayed on Latest Disagreement
Monday, September 26, 2011
Fox Business reported that Uganda is contesting its current oil agreement with U.K.-based Tullow Oil PLC (LON:TLW) in the dispute to delay the $2.93 billion sale of its stake in three oil blocks to Total SA (NYSE:TOT) and China's CNOOC (NYSE:CEO).
Continue reading "Signing of Uganda-Tullow Venture Delayed on Latest Disagreement"
Canacol Energy Provides Heavy Oil Exploration Operations Update in Colombia
Monday, September 26, 2011
Canacol Energy Ltd. (TSX:CNE) reported that the rig scheduled to drill the Tamarin-1 exploration well is mobilizing.
Trafina Announces Sale of Pembina Assets for $1.7 Million in Order to Focus on McMullen Heavy Oil Development Play
Monday, September 26, 2011
Trafina Energy Ltd. (CVE:TFA.A) has entered into a sale agreement to sell the entire working interest in the Pembina Cardium area of Alberta for gross proceeds of $1.7 million.
Ridgeline Signs Development Agreement With a Major North American Oil and Gas Producer
Wednesday, September 21, 2011
Ridgeline Energy Services Inc. (CVE:RLE) signed a development agreement with a major North American oil and gas producer to install one of Ridgeline's Mobile Development Laboratories at the Waskada area of Southwestern Manitoba.
Apache Spends $1.75B in North Sea Asset Spree
Wednesday, September 21, 2011
Rigzone reported that Apache's (NYSE:APA) subsidiary Apache North Sea Limited has agreed to acquire Exxon Mobil Corporation's Mobil North Sea LLC assets, including the Beryl field and related properties – for $1.75 billion.
Continue reading "Apache Spends $1.75B in North Sea Asset Spree"
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Wednesday, September 28, 2011