Oil Investing News

New World Oil and Gas: Competent Person’s Report on Danica Resources Licence

Researcher — Thu, 02 Feb 2012 20:42:30 +0000

New World Oil and Gas Plc (LSE:NEW) reported the Competent Person’s Report received from RPS Energy regarding the prospectivity of the Danica Resources Licence 1/08.

Oil Prices Fluctuated as Demand Falls in US

Researcher — Thu, 02 Feb 2012 20:02:52 +0000

Bloomberg reported that oil prices fluctuated on concern over falling demand in U.S.

Shell Reports Global Oils Refining Surplus of 6 Million Barrels

Researcher — Thu, 02 Feb 2012 19:42:12 +0000

Reuters reported that according to Royal Dutch Shell (NYSE:RDS.A), the global oil refining industry has 6 million barrels per day surplus capacity.

Midway Reports 2011 Reserve Growth Report

Researcher — Thu, 02 Feb 2012 19:30:15 +0000

Midway Energy Ltd. (TSX:MEL) has reported results from the independent reserve evaluation for 2011.

Oil Drops 0.6 percent as U.S. Stockpiles Rise

Researcher — Thu, 02 Feb 2012 00:53:08 +0000

Bloomberg reported that crude oil fell 0.6 percent after U.S. crude stockpiles surged and gasoline consumption dropped to a 10-year low.

Marathon Oil Weaker 2011 Q4 Profits

Researcher — Thu, 02 Feb 2012 00:49:57 +0000

Zacks reported that Marathon Oil Corporation (NYSE:MRO) announced weaker fourth quarter 2011 profits.

North Sea Oil Exports to Asia at 8-Year High

Researcher — Thu, 02 Feb 2012 00:43:05 +0000

Bloomberg reported that North Sea oil exports shipped to Asia have surged to the highest in the past eight years.

Capital Expenditure and Operations Update by Hyperion Exploration Corp.

privera — Wed, 01 Feb 2012 16:32:11 +0000

Hyperion Exploration Corp. (TSXV:HYX) reported its $43 million 2012 capital expenditure program, a light oil and NGL's weighted production increase of between 68% to 79%, and an operations update on Garrington, Pembina, Buck Lake and Niton.

Gallic Energy Plans to Alter in Well Plan for Ossun-2

Researcher — Tue, 31 Jan 2012 22:49:16 +0000

Gallic Energy Ltd. (TSXV:GLC) has planned to alter its current snubbing unit to a drilling rig on the Ossun-2 well, Aquitaine Basin in Southern France.

Mart Resources: Operational Activities on Umusadege Field

Researcher — Tue, 31 Jan 2012 22:25:16 +0000

Mart Resources, Inc. (TSXV:MMT) and SunTrust Oil Company updated on the operational activities on the Umusadege field, onshore Nigeria.