Credo Petroleum Corporation (Nasdaq:CRED), an oil and gas exploration and production company with significant assets in the Williston Basin, Central Kansas, and Oklahoma, announced financial results for the nine months and quarter ended July 31, 2010.
Hybrid Energy Holdings (PINK: HYBE) announced the patent filing completed on Visalo's heavy-oil extraction technology.
Painted Pony Petroleum Ltd. (CVE:PPY.A) announced that pursuant to the terms and conditions of its Stock Option Plan, it has granted, in the aggregate, 1,177,920 incentive stock options to purchase Class "A" Shares of Painted Pony, to certain of its Directors, Officers, Employees and Consultants.
Africa Oil Corp. (CVE:AOI) reported that it has signed a definitive farmout agreement with Tullow Oil plc whereby Tullow will acquire a 50% interest in, and operatorship of, three of Africa Oil's east African exploration blocks, comprised of two exploration blocks in Kenya and one exploration block in Ethiopia.
Canadian Natural Resources Limited (TSE:CNQ, NYSE:CNQ) announced monthly production of Synthetic Crude Oil at Horizon Oil Sands as follows: Q1 2010 :86,995 bbl/d, Q2 2010 :99,950 bbl/d,July 2010 :93,300 bbl/d, August 2010 forecast :49,000–50,000 bbl/d.
Rigzone.com reported on Why Does Heavy Oil Matter?:
Petro Vista Energy Corp. (CVE:PTV) provided the following operations update on its core properties: Tartaruga block, Brazil and Morichito, La Maye and SSJN-5 blocks, Colombia.
Theenergyreporter.com reported on Underwater 'River' of Oil Confirmed in Gulf:
Strategic Oil & Gas Ltd. (CVE:SOG) announced the results of its annual and special meeting of common shareholders held on August 23, 2010.
Spartan Exploration Ltd. (TSE:SPE) announced that due to excess demand it has increased its previously announced bought deal financing detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Clarus Securities Inc. and GMP Securities L.P., and including Mackie Research Capital Corporation and Stonecap Securities Inc. pursuant to which the underwriters will now purchase, on a "bought deal" basis, 5,263,000 common shares of Spartan at an issue price of $2.85 per Common Share for gross proceeds to Spartan of approximately $15.0 million.
Wednesday, September 8, 2010