Australian Investment in Gas Projects

Thursday, August 26, 2010

Shell may spend $50 billion in Australia over the next decade as Europe’s largest oil company continues a shift to gas.

Alberta Gas Fields on Sale

Thursday, August 12, 2010

Suncor Energy Inc, Canada's largest energy company, has just announced that it has agreed to a transaction with Direct Energy to sell natural gas assets for about $358.5 million. The deal comes as part of Suncor’s strategic business alignment and ongoing plans to divest of a number of non-core assets totaling $2.8 billion.

India Looking to Secure Gas Supplies

Thursday, July 22, 2010

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

Tuesday, June 29, 2010

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

Tuesday, June 22, 2010

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.

Tullow Oil and Africa Oil to Jointly Explore New East African Rift Trend

Thu, Sep 2, 2010

Africa Oil Corp. (CVE:AOI) reported that it has signed a definitive farmout agreement with Tullow Oil plc whereby Tullow will acquire a 50% interest in, and operatorship of, three of Africa Oil’s east African exploration blocks, comprised of two exploration blocks in Kenya and one exploration block in Ethiopia.

Husky Energy Acquires Foothills Natural Gas Properties

Wed, Sep 1, 2010

Husky Energy (TSE:HSE) announced that a purchase agreement has been signed to acquire natural gas properties in west central Alberta, which will significantly add to the Company’s production and reserves and extend the optimum utilization of its Ram River Gas Plant.

BC’s $98M August Nat Gas and Oil Sale

Mon, Aug 30, 2010

Theenergyreport.com reported BC’s $98M August Nat Gas and Oil Sale:

Bengal Energy Announces Equity Financing of Up to $12.0 Million and the Appointment of Two New Directors

Mon, Aug 30, 2010

Bengal Energy Ltd. (TSE:BNG) announced that it has filed a preliminary short form prospectus with respect to a marketed public offering of up to 12.0 million common shares of Bengal at a price of $1.00 per Common Share for aggregate gross proceeds of up to $12.0 million, in each of the provinces of Canada, other than Quebec.

Hemisphere Energy Corporation Closes Private Placement Over One Million Dollars

Thu, Aug 26, 2010

Hemisphere Energy Corporation (CVE:HME) reports that it has closed its private placement announced July 7, 2010. The private placement consisted of five million and ten thousand units at a price of 20 cents per unit, for proceeds of $1,002,000. For complete news release, click here. For Hemisphere Energy’s company website, click here.

China’s Shale Gas Goals

Wed, Aug 25, 2010

Theenergyreport.com reported on China’s Shale Gas Goals:

Strategic Oil & Gas Ltd. Announces Results of AGM and Appointment of Directors

Tue, Aug 24, 2010

Strategic Oil & Gas Ltd. (CVE:SOG) announced the results of its annual and special meeting of common shareholders held on August 23, 2010.

Spartan Exploration Ltd. Announces Increase to Bought Deal Financing

Mon, Aug 23, 2010

Spartan Exploration Ltd. (TSE:SPE) announced that due to excess demand it has increased its previously announced bought deal financing detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Clarus Securities Inc. and GMP Securities L.P., and including Mackie Research Capital Corporation and Stonecap Securities Inc. pursuant to which the underwriters will now purchase, on a “bought deal” basis, 5,263,000 common shares of Spartan at an issue price of $2.85 per Common Share for gross proceeds to Spartan of approximately $15.0 million.

Natural Gas Daily Technical Outlook

Fri, Aug 20, 2010

Ibtimes reported on Natural Gas Daily Technical Outlook:

Traverse Energy Announces 2010 Second Quarter Results

Thu, Aug 19, 2010

Traverse Energy Ltd.(CVE:TVL) presented financial and operating results for the six months ended June 30, 2010.

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