A brief guide to the energy platforms of the four major federal parties contesting the May 2nd election, highlighting key policies that may have an impact on the development of the Alberta oil-sands.
Canada is already the largest single exporter of oil and natural gas to the U.S., and Alberta's oil sands are the biggest single source of oil for the U.S.
American Petro-Hunter, Inc. (OTC:AAPH) reports its completion of the North Oklahoma oil project. The Company has been informed by the Operator that multiple zones in the target formations will be completed based on strong oil shows from two pay intervals of over 40 feet each. For complete news release, click here. For American Petro-Hunter’s company profile, click [...]
Primary Petroleum Corporation (CVE:PIE) reports increasing its land holdings to its Western Montana Alberta Basin Bakken Fairway. Primary’s ongoing geological review of its proprietary 26 sq. miles of 3D seismic that was shot in 2008 over its lands in Western Montana, along with the data that continues to be collected from the 18 existing wells [...]
Clearly Monday was not particularly good news for oil companies. With futures settling below $90 per barrel, ($87.81 when Benchmark went to proofing) the industry is seeing the lowest prices since February.
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