Oil Market Update (March 6, 2012)
A brief overview of oil price developments, supply and demand and significant market movers.
A brief overview of oil price developments, supply and demand and significant market movers.
Junex (TSXV:JNX) announced the divestiture of its 35.99% interest in the Haldimand property to focus on the Anticosti and Galt oil projects.
Bloomberg reported that oil prices dropped for a third consecutive day over European debt concerns.
Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCBB:SMBZF) announced its corporate update on its current activities.
Zone Resources Inc. (TSXV:ZNR,FWB:7ZR) announced that it has received analyses of core from the top of drill hole ZR11-05 on the Moore Iron property in the Labrador Trough of Northern Quebec
Zone Resources Inc. (TSXV:ZNR) reported that it has arranged a non-brokered private placement of up to 20,000,000 units for total proceeds of up to $1,800,000 subject to the approval of the TSX Venture Exchange.
Zone Resources Inc. (TSXV:ZNR) reported an update of the company's exploration program on its iron ore properties in the Labrador Trough of northern Québec.
American Petro-Hunter, Inc. (OTCBB:AAPH) provided drilling update on its North Oklahoma Mississippi Lime Project at the NOW-2H and improvements to the NOM-1H production well.
Primary Petroleum Corporation (CVE:PIE) reports that it will present at the Rodman & Renshaw Annual Global Investment Conference in New York on September 13, 2011.
Zone Resources Inc. (CVE:ZNR) reports the beginning of an extensive drilling program on its iron properties in the Nunavik Region of Northern Quebec.
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