India Looking to Secure Gas Supplies
The latest developments underscore a general theme from the subcontinent as it has been looking at other areas to acquire oil and gas assets overseas to meet its growing energy demand. As Asia’s third-largest oil consumer, India has been aggressively scouting for overseas gas and oil assets to meet its supply deficit and is competing with China for fields from Africa...
Gas Price Levers Driven by Investor, Environmental and Weather Concerns
Moving away from more traditional supply and demand side fundamentals, gas prices and the costs of production may increasingly be leveraged by oversight, share holder accountability, and seasonal meteorology.
Oil and Gas: A Top 5 Resource Pick
With all of the attention to the petrochemicals industry currently, a recent survey conducted by Resources Investing News has highlighted both oil and natural gas sectors as areas of high interest for investors.
Natural Gas Producer Looking for Joint Venture Partnerships
Encana, Canada's largest natural gas producer is seeking project partnerships that could facilitate the development of unconventional gas fields, with expectations to double its production of natural gas over the next five years.
Gas Prices to Increase Slowly
Prices are expected to rise, initially pushed higher by increased gas demand for cooling, as Senior Meteorologist Joe Bastardi of AccuWeather.com predicted this summer to be the “hottest summer since 2005 for much of the nation” and later from increased demand in industrial and power generation.
American Petro-Hunter Announces Development Plan for North Oklahoma Shale Oil Project
American Petro-Hunter, Inc. (OTCBB: AAPH) provided further details of the Company’s North Oklahoma Project, and discuss the ongoing development plan for the 7 leases totaling over 1,000 acres located in Payne County, near Stillwater, Oklahoma.
Caza Oil & Gas, Inc.: Bongo Prospect/O.B. Ranch #1 Well Update
Caza Oil & Gas, Inc. (TSE:CAZ)(AIM:CAZA) announced that the Bongo, O.B. Ranch #1 Well has reached a depth of 12,964 feet, and intermediate casing has been installed, cemented and formation integrity tested.
Nextraction Announces Update to NI 51-101 Reserve Report for North Pinedale Project
Nextraction Energy Corporation (TSX VENTURE:NE) announced that MHA Petroleum Consultants LLC has completed an update to its National Instrument technical report (NI-51-101) estimating reserves and future net revenues for the Company’s North Pinedale Project, located on the crest of the Pinedale Anticline in Sublette County, Wyoming.
Africa Oil Closes Final Tranche of $25 Million Private Placement
Africa Oil Corp. (TSX VENTURE:AOI)announced that it has closed the second and final tranche of the $25 million private placement, previously announced on July 9, 2010.
Aroway Minerals Announces Acquisition of Oil and Gas Interest and Private Placement Financings of Up to $5,000,000
AROWAY MINERALS INC. (TSX VENTURE:ARW) announced that it has entered into a purchase and sale agreement dated July 20, 2010 with Big Earl Resources Ltd., a private company incorporated in Alberta, pursuant to which Big Earl has agreed to assign to the Company its farmin interest to acquire a 50% working interest in certain petroleum and natural gas assets currently owned by a private oil and gas exploration and production Company.
Suncor Energy to release second quarter 2010 financial results
Suncor Energy Inc. will release its second quarter financial results on Thursday, July 29, 2010 at 12:30 a.m. MDT (2:30 a.m. EDT).
Vantage Drilling Company Announces Proposed Public Offering of Ordinary Shares
Vantage Drilling Company (NYSE Amex: VTG.U) (NYSE Amex: VTG) (NYSE Amex: VTG.WS) announced that it intends to offer, subject to market and other conditions, $50.0 million of ordinary shares.
Nextraction Acquires an Additional 1,023 Acres in Pinedale, Wyoming
Nextraction Energy Corporation (TSX VENTURE:NE) and its wholly-owned subsidiary, Nextraction Energy Inc. , announced it has acquired an additional 1,023 acre leasehold in the northern region of the Pinedale Anticline, Wyoming.
Cougar Oil and Gas Canada Inc. Reactivates Suspended Alexander Oil Prospect
Cougar Oil and Gas Canada Inc. (OTCBB:COUGF) announced the successful integrity tests, repair and reactivation of the suspended oil property in the Alexander field.
Signature Exploration Announces Koliba Prospect Drilled to a Depth of 5,802 Feet
Signature Exploration and Production Corporation (OTCBB: SXLP), an independent energy company engaged in the exploration, development, exploitation and acquisition of onshore oil and natural gas properties in the U.S., announced today it has received a report from its operator that drilling at Koliba Prospect Well No. 2. located in Victoria County, Texas has reached a depth of 5,802 feet.
Asides 
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming gas investing trade shows, see the following links: World Junior Oil and Gas Congress
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GasInvestingNews.com maintains a focus on Gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Thursday, July 22, 2010