Heavy Oil

Reuters reports on Friday, Canadian synthetic crude price spreads widened with bigger premiums for U.S. crudes.

Fox Petroleum Inc. (PINK:FXPT) plans to identify Canadian Oil Tar sands projects for the launch of its oil subsidiary.

Quetzal Energy Ltd. (CVE:QEI) updates on operations in Guatemala.

Petrobank Energy and Resources Ltd. (TSE:PBG) reports the year end 2010 reserves evaluation and provides an operational update on its Heavy Oil Business Unit.

Precision Petroleum Corporation (OTC:PPTO) completes the company's first attempt in shutting off saltwater on their Thompson #2 well in Garvin County.

Magnum Energy Inc. (CVE:MEN) together with Nextraction Energy Corp. (CVE:NE) signs a definitive legal Purchase and Sale Agreement.

Zargon Oil & Gas Ltd. (TSE:ZAR) reports the company's operating and financial results for the fourth quarter and year ended December 31, 2010.

Delphi Energy Corp. (TSE:DEE) updates on the drilling operations on the last well in an active 17 well winter drilling program.

Eagle Oil Holding Company, Inc. (PINK:EGOH) is re-launching the company's oil production business to take advantage of near record prices for crude oil.

Waldron Energy Corporation (TSE:WDN) reports that the company's working interest Ricinus 12-11-36-9W5 well has been completed and tested.