Articles Tagged "Petroleum"

Sagres Energy Inc. Announces Spud of the Apoteri K-2 Exploration Well in Guyana

Sagres Energy Inc. (CVE:SGI) announces the planned spud of the Apoteri K-2 exploration well on the Takutu Block in Guyana prior to December 31, 2010.

Alberta Star Acquires Additional Land at Landrose

Alberta Star Development Corp. (CVE:ASX) acquires a 100% interest in petroleum and natural gas rights on 40 gross acres of land located in Section 16-50-26 W3M in the Landrose area of west-central Saskatchewan.

Nautical Petroleum received 100 mln pounds budget boost

Nautical Petroleum has rallied to its highest since last October after predicting allowances made in yesterday Budget will boost the value of its North Sea assets by almost £100m. Heavy oil related developments have been given a Field Allowance of £800m by the Treasury as a specific target. For full story, click here

Saha Petroleum declared 2008 year end results

Saha Petroleum Ltd., declared that it has filed its audited financial statements for the year ended December 31, 2008, the related management’s discussion and analysis for the three and months and year ended December 31, 2008. For full story, click here

Nautical Petroleum reported interim results

Nautical Petroleum plc, the independent Exploration and Production company specialising in the development of heavy oil assets in the UK and Europe reported its Interim Results for the six month period to 31 December 2008. For full story, click here

Upgrader: August 14

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Welcome back to the Upgrader. More Q 2 results were announced this week. The record heavy oil prices of the quarter have been kind to most, thought profits in refining operations have been hindered. Calgary’s Baytex Energy Trust (NYSE:BTE) was boosted by $125 million (CDN) [...]

Upgrader: August 6

By Duncan Sutherland- Exclusive to Heavy Oil Investing News Senator and Presidential candidate Barack Obama has announced that his administration would release light crude oil from the nation’s Strategic Petroleum Reserve and restock the inventory with heavy crude.  Many have criticized the US government for continuing to stock the reserve with oil prices so high, [...]