RockBridge Resources Inc. (TSX VENTURE:RBE) announced that production at the Woodrush oil and gas project, located in the Peace River Arch of British Columbia, increased substantially for the month of May with the operator reporting gross revenues of $1.7 million and an operating netback of $1.08 million.
Treaty Energy Corporation (OTCBB: TECO), a growth-oriented energy company in the oil and gas industry, today announced the addition of the COLEMAN CROUCH lease to its oil and gas lease properties in Pickett County Tennessee.
Suncor Energy has reached an agreement with TAQA NORTH, a subsidiary of the Abu Dhabi National Energy Company PJSC (TAQA), to sell certain natural gas properties for approximately $285 million with an effective date of April 1, 2010.
Brinx Resources Ltd. (OTCBB: BNXR) reported that it has successfully completed the OK#5-1 as another naturally flowing oil well at the Company’s Oklahoma Projects drill program.
Ryland Oil Corporation (TSX VENTURE:RYD) announced that it has entered into an arrangement agreement with Crescent Point Energy Corp. pursuant to which Crescent Point will acquire all of the issued and outstanding common shares in the capital of Ryland by way of a plan of arrangement.
With all of the attention to the petrochemicals industry currently, a recent survey conducted by Resources Investing News has highlighted both oil and natural gas sectors as areas of high interest for investors.
GeoGlobal Resources Inc. (NYSE Amex:GGR) announced that the Israel Ministry of National Infrastructure has approved the transfer and registration to a consortium, in which GeoGlobal has a 5% participating interest and has been designated as Operator, of two deepwater offshore licenses known as 347 “Mira” and 348 “Sara”.