Primary Petroleum Corporation (CVE:PIE) reports that it has entered into a Seismic and Farmout Agreement with Nextraction Energy Corp. (CVE:NE) whereby it can earn an interest in Primary's 20,000 acre Saturn Prospect, Daniels County, Montana.
Monday, October 25, 2010
Tethys Petroleum Limited (TSE:TPL) reports that the company has received Kazakh State approved oil reserves for its Doris (AKD01) oil discovery in Kazakhstan.
Thursday, July 15, 2010
Although there are more than 40,000 oil and gas fields of all sizes in the world, slightly less than 80 percent of the proven reserves are concentrated in eight countries, of which only Canada and Russia are not OPEC members.
Continue reading "What Makes an Oil Deposit World Class?"
Thursday, October 15, 2009
Gold may be taking off right now, but it's not the only thing in an uptrend. Energy is also moving higher. The considerable drop of investment in oil exploration and production is, however, set to bring the risk of oil prices hike in the future. In Iraq, a different picture is playing out.
Continue reading "What’s Adding Fuel To The Fire?"
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Friday, December 17, 2010