Painted Pony Petroleum Ltd. (CVE:PPY.A) reported initial test results on its northeast British Columbia Montney lands.
Articles Tagged "Heavy Oil Company News"
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.
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.
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.
Bloomberg reported that the premium for Bakken crude weakened after Enbridge Inc. (NYSE:ENB) shut a leaked pipeline in North Dakota.
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).
Canacol Energy Ltd. (TSX:CNE) reported that the rig scheduled to drill the Tamarin-1 exploration well is mobilizing.
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 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.
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.