Suncor Energy:Oil Sands Production Numbers Jan 2010
Suncor Energy Inc. announced that the company's oil sands production during January averaged approximately 156,000 barrels per day (bpd).
Suncor Energy Inc. announced that the company's oil sands production during January averaged approximately 156,000 barrels per day (bpd).
Quest Oil Corporation (PINKSHEETS: QOIL), reported that the company has entered into a Letter of Intent with SunDial/McDermett Operating Inc.
Drake Energy (TSX VENTURE:DPE)reported that its oil program at Sousa included the re-entry of a horizontal well at 01-24. The well is currently producing over 120 BBLD of light sweet crude oil.
Quicksilver Resources Inc. (NYSE: KWK) reported that the company has agreed with BreitBurn Energy Partners L.P. (NASDAQ: BBEP) and Provident Energy Trust (NYSE: PVX) to settle all existing litigation among the parties, subject to execution of final settlement documentation and payment of damages.
Pan Orient Energy Corp. (TSX VENTURE:POE) provided update on its Thailand Operations.
WesternZagros Resources Ltd. (TSX VENTURE:WZR) provided an update on the progress made at its Kurdamir-1 exploration well.
Tethys Petroleum Limited (TSX:TPL) reported the initial results of testing on the upper zone of the AKD01 oil discovery in Kazakhstan.
On Monday, Russia's largest oil firm, state-controlled Rosneft (ROSN.MM), reported a 163 percent reserves replacement ratio under the Petroleum Resources Management System (PRMS) criteria in 2009.
On Thursday, U.S. independent refiner Sunoco Inc (SUN.N) reported that planned turnarounds at its refineries in Marcus Hook, Pennsylvania, and Toledo, Ohio will probably reduce production in the first quarter of 2010.
National Fuel Gas Co (NFG.N) announced their first-quarter profit that beat market expectations, helped by rise in production of crude oil and natural gas, and raised its 2010 earnings and production outlook.
Get our independent commentary on oil trends and companies delivered to your inbox.