Seeking Alpha reported that Baytex Energy (NYSE:BTE) is a significant stock that pays shareholders good dividends and tend to have rising share price.
Reuters Africa reported that PetroNova Inc's (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia's Llanos basin.
Arctic Hunter Energy Inc. (TSXV:AHU) has drilled and completed a well on its Landrose property, Saskatchewan.
Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.
Exile Resources Inc. (TSXV:ERI) has reported regarding the proposed acquisition of the upstream drilling and production division of Oando PLC.
Bloomberg reported that according to the Economist Intelligence Unit, Saudi Arabia has excess crude to replace a large share of the heavy oil exported by Iran.
Americas Petrogas (TSXV:BOE) updated on two blocks, Medanito Sur and Rinconada Norte, in the Neuquen Basin in Argentina.
Zacks reported that Occidental Petroleum Corporation’s (NYSE:OXY) 2011 Q4 revenue rose 27.8% to $2.02 per share from $1.58 per share.
Bloomberg reported that U.S. Gulf Coast oil premiums wavered after premium of Brent to WTI dropped 12 cents to $10.88.
Lundin Petroleum AB (TSX:LUP) reported that its 2012 net production forecast will be between 32,000 and 38,000 boepd.
Thursday, February 2, 2012