Quest Oil Corporation (PINKSHEETS: QOIL), reported that the company has entered into a Letter of Intent with SunDial/McDermett Operating Inc.
Continue reading "Quest Oil:LOI to Acquire Brown County, Texas"
Wednesday, February 10, 2010
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.
Continue reading "Drake Energy Re-Completed Sousa Oil Well"
Wednesday, February 10, 2010
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.
Continue reading "Quicksilver Settles Litigation With BreitBurn Energy Partners"
Tuesday, February 9, 2010
Pan Orient Energy Corp. (TSX VENTURE:POE) provided update on its Thailand Operations.
Continue reading "Pan Orient Energy:Thailand Operations Update"
Tuesday, February 9, 2010
WesternZagros Resources Ltd. (TSX VENTURE:WZR) provided an update on the progress made at its Kurdamir-1 exploration well.
Continue reading "WesternZagros Provides Operational Update"
Monday, February 8, 2010
Tethys Petroleum Limited (TSX:TPL) reported the initial results of testing on the upper zone of the AKD01 oil discovery in Kazakhstan.
Continue reading "Tethys Petroleum: Kazakh Exploration update"
Monday, February 8, 2010
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.
Continue reading "Russia’s Rosneft:Reserves rise in 2009"
Friday, February 5, 2010
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.
Continue reading "Sunoco’s Q1 output"
Friday, February 5, 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.
Continue reading "National Fuel Gas Q1 profit report"
Thursday, February 4, 2010
Husky Energy Inc. (TSX:HSE) announced net earnings in the fourth quarter of 2009 were $320 million or $0.38 per share (diluted), compared to $231 million or $0.27 per share (diluted) in the same period of 2008.
Continue reading "Husky Energy Reports 2009 Fourth Quarter"
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Thursday, February 11, 2010