Oil executives around the world perked up when Venezuela announced more than a year ago that it would open the door to some of the world’s leading hydrocarbon reserves with its first tender in a over a decade. For full story, click here
Continue reading "Venezuala’s Ornico Oil too Heavy at Current Price"
Tuesday, July 21, 2009
Pavilion Energy Resources, Inc. declared that as part of its growth strategy to secure income producing energy assets, PVRE is now finalizing arrangements to acquire its first income-producing US onshore oil-gas wells and reserves. For full story, click here
Continue reading "Pavilion Energy declared new onshore producing energy assets"
Tuesday, June 23, 2009
A South Korean consortium is offering to sell stakes in its oil fields in Yemen, estimated to hold 36 million barrels of crude reserves. For full story, click here
Continue reading "South Korean Consortium has offered stake to sell Yemen Oil"
Tuesday, June 23, 2009
A South Korean consortium is offering to sell stakes in its oil fields in Yemen, estimated to hold 36 million barrels of crude reserves. For full story, click here
Continue reading "South Korean Consortium has offered to sell Yemen Oil Fields"
Thursday, June 11, 2009
Output from Alberta’s oil sands region, the leading crude reserves outside the Middle East, will surge to 3 million barrels per day by 2018, the province’s energy regulator, even as it slightly lowered its estimate of the region’s reserves. For full story, click here
Continue reading "Alberta’s Oil Sands Output has pegged at 3 mln bpd by 2018"
Friday, May 15, 2009
Total SA, Europe’s third-leading oil company, declared heavy oil from Canada and Venezuela will make up about 10 percent of its output and 15 percent of reserves within 15 years. For full story, click here
Continue reading "Total SA forecasted 10% of Output from heavy oils in 15 years"
Wednesday, March 18, 2009
The identification of new reserves of Heavy Crudes off the north Matanzas coast may rise oil production in Cuba. For full story, click here
Continue reading "Cuba expects rise in oil production"
Thursday, March 5, 2009
Petrobank’s heavy oil unit reserves increased by 171%. For full story, click here
Continue reading "Petrobank reports year end reserves"
Tuesday, March 3, 2009
Donald Benson, Chairman and CEO of Nordic Oil and Gas Ltd. announced that the company has received its 2008 independent Reserves and Engineering Report and will be filing its Statement of Reserves and Economic evaluation of Oil and Gas Properties, consistent with the requirements of Form 51-101, shortly. For full story, click here
Continue reading "Nordic’s Heavy Oil Reserves at Lloydminster Up 49%"
Tuesday, February 17, 2009
Baytex Energy Trust announces 2008 year-end reserves, the appointment of Mr. Edward Chwyl as Lead Independent Director, an update regarding operational matters and a change to our monthly distribution level. For full story, click here
Continue reading "Baytex Energy Trust Announces 2008 Reserves"
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Tuesday, August 4, 2009