Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) reported today that the company has completed the purchase of an additional 60% interest in Petroleum Exploration Licence 2815 off–shore Namibia subject to TSX approval. The press release is quoted as saying: Universal Power Corp. is an independent oil and gas exploration and development company with broad based Black Economic [...]
Read the full article: "Universal Power update"
Wednesday, December 30, 2009
FairWest Energy Corporation (TSX VENTURE:FEC) reported that the TSX Venture Exchange issued a bulletin today granting approval for the listing of the Company’s Common Shares for trading on the TSXV commencing at the opening of market on December 30, 2009. The press release is quoted as saying: FairWest (TSX VENTURE:FEC) is a Calgary, Alberta based [...]
Read the full article: "FairWest Energy Corporation update"
Tuesday, December 29, 2009
NAL Oil & Gas Trust (TSX:NAE.UN) announced that its corporate presentation has been updated and is available on the company’s website. The press release is quoted as saying: NAL Oil & Gas Trust provides investors with a yield-oriented opportunity to participate in the Canadian Upstream Conventional Oil and Gas Industry. The Trust generates monthly cash [...]
Read the full article: "NAL Oil & Gas Trust’s corporate..."
Monday, December 28, 2009
Zone Resources Inc. (TSX VENTURE:ZNR) has entered into an agreement with Consolidated Oil and Gas Corp. of Barbourville, Kentucky in order to evaluate and develop past producing oil and shale natural gas projects. The press release is quoted as saying: Currently, for our business model, the best profit margins are in crude oil production and [...]
Read the full article: "Zone Resources Areement with Consolidated..."
Friday, December 25, 2009
Zone Resources Inc. (TSX VENTURE:ZNR) (Zone) reported that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase in the total of 1,300,000 common shares in the capital stock of the company, subject to regulatory approval, exercisable for a period of five years, [...]
Read the full article: "Zone Resources Grants Incentive Stock Options"
Friday, December 18, 2009
On Thursday, the U.S. Federal Energy Regulatory Commission approved the $2.5 billion Jordan Cove liquefied natural gas import terminal and related pipeline project. This project is expected to help meet growing natural gas demand in the Pacific Northwest. The news release is quoted as saying: The terminal, to be located on Coos Bay in Oregon, [...]
Read the full article: "Jordan Cove LNG import terminal gets approval"
Thursday, December 17, 2009
Terra Energy (TT)today announced that the company has successfully completed the previously announced sale of its non-operated interests in the Boundary Lake Units 1 and 2 for gross proceeds of approximately $24 million, subject to post closing adjustments. The news release is quoted as saying: Terra Energy is a junior oil and gas company engaged [...]
Read the full article: "Terra Energy ends Sale of Boundary Lake Unit"
Tuesday, December 15, 2009
Kierland Resources Ltd. (TSX VENTURE:KIR) reported the Company’s Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2009. The press release is quoted as saying: Kierland Resources is a publicly traded, junior oil and gas company focused on exploration and development of oil and natural gas in Alberta. The [...]
Read the full article: "Kierland Resources corporate update"
Monday, December 14, 2009
PrimeGen Energy Corp. (PINKSHEETS: PGNE) announced that the drilling of Rod 10-22 well has reached total target depth December 13, 2009. The press release is quoted as saying: PrimeGen Energy Corp. is an oil and gas exploration Company whose primary focus is exploring and developing high potential unconventional resource plays. The Company’s strategy and development [...]
Read the full article: "PrimeGen Energy update on Krasnoarmeiskome..."
Friday, December 11, 2009
Trafina Energy Ltd. (TSX VENTURE:TFA.A) today announced that the board of directors approved today the grant to employees, consultants, officers and directors of options to acquire 521,000 shares of the Company at a price of $0.39 per share exercisable on or prior to December 11, 2014 subject to the provisions of the Company’s stock option [...]
Read the full article: "Trafina Energy corporate update"
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Thursday, December 31, 2009