Oil

Harvest Energy Trust (TSX:HTE.DB.B) (TSX:HTE.DB.D) (TSX:HTE.DB.E) (TSX:HTE.DB.F) (TSX:HTE.DB.G) and its 100 % owned subsidiary, Harvest Operations Corp.,reported that Korea National Oil Corporation has agreed to make an additional capital contribution to Harvest of approximately $465.7 million, the proceeds of which will initially be used to repay existing indebtedness.

It is reported that Neste Oil will publish its fourth quarter and full year 2009 results on Thursday, 4 February 2010 at approximately 9 am (EET).

Canadian Oil Sands Trust (TSX:COS.UN) reported cash from operating activities of $328 million for the fourth quarter of 2009 compared with cash from operating activities of $466 million ($0.97 per Unit) for the same period last year.

EuroGas, Inc. (PINKSHEETS: EUGS) (FRANKFURT: EUG) (XETRA: EUG) (HAMB: EUG) (STUT: EUG) today reported the acquisition of three unconventional gas concessions by EuroGas Ukraine Ltd., a 50% owned Ukrainian subsidiary of EuroGas GmbH, a Vienna, Austria based Company, which in turn is a 100% owned subsidiary of McCallan Oil & Gas Ltd., a London, England based private company, in which EuroGas holds a 30% stake with options to increase its shareholding to 100%.

Suroco Energy Inc. (TSX VENTURE:SRN) announced the appointment of David Monroe as Vice-President, Engineering of the Corporation, subject to approval of the TSX Venture Exchange.

On Monday, Exxon Mobil Corp (XOM.N) reported unplanned flaring and a breakdown at its 150,000 barrel per day (bpd) Los Angeles-area refinery in Torrance.

TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) reported a new exploration project in the western desert of Arab Republic of Egypt.