Canacol Energy Ltd. (CVE:CNE) announces a US$ 106 million capital budget in 2011 for exploration and development activities in Colombia, Guyana, and Brazil.
Read the full article: "Canacol Energy Ltd. Announces US$ 106..."
Monday, December 27, 2010
Magnum Hunter Resources Corporation (AMEX:MHR) enters into a definitive agreement to acquire Appalachian Basin focused NGAS Resources, Inc. (NASDAQ:NGAS) for approximately $98 million (USD) in common stock and assumed liabilities.
Read the full article: "Magnum Hunter Resources to Acquire..."
Thursday, December 23, 2010
In recent history, gas prices have generally followed a relatively seasonal pattern with prices rising during the summer driving season and falling after Labor Day. However, 2010 has seen a reversal in this pattern; the national average price has risen by 30 cents per gallon since Labor Day, the largest increase over that period since the 1990 inception of Energy Information Agency (EIA) weekly published retail gasoline price data. The current average price range in the US for the third week of December of approximately $2.98 per gallon is the second highest on record, eclipsed only by the 2007 average price reaching $3.00 per gallon.
Read the full article: "Gas Price Trends"
Thursday, December 23, 2010
Mining Weekly.com reports that Sasol (NYSE:SSL) is actively seeking out gas across Africa
Read the full article: "Sasol looks for gas to boost synfuels,..."
Tuesday, December 21, 2010
Bloomberg.com reports that stocks in Ivanhoe Energy(NASDAQ:IVAN,TSE:IE) rose 11% after news of a major gas find in China.
Read the full article: "Ivanhoe Rises After ‘Significant’ Gas..."
Tuesday, December 21, 2010
Far East Energy (OTC:FEEC) announced that they have started the process for nomination of initial gas for sales with their partner CUCBM.
Read the full article: "Far East Energy Announces Completion of..."
Monday, December 20, 2010
Bloomberg.com reports that, for a stake in Talisman Energy Inc’s (TSE:TLM,NYSE:TLM) Canadian shale-gas assets, Sasol Ltd (NYSE:SSL) will pay C$1.05 B .
Read the full article: "Sasol to Pay Talisman $1.04 Billion for..."
Monday, December 20, 2010
The Winnipeg Free Press.com reports that the goverment in the Yukon welcomes the Mackenzie Gas Project , as it represents jobs and a portal to ship Yukon gas to market, if it proceeds.
Read the full article: "Mackenzie Gas Project will create jobs and..."
Friday, December 17, 2010
Nextraction Energy Corporation (CVE:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (CVE:PIE).
Read the full article: "Nextraction Energy and Primary Petroleum..."
Wednesday, December 15, 2010
Caza Oil & Gas, Inc. (LON:CAZA) advises that permanent production facilities are in place, and the O.B. Ranch #1 well on the Bongo Prospect in Wharton County, Texas was placed on production on 13 December 2010.
Read the full article: "Caza Oil & Gas Announces Commencement of..."
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Wednesday, December 29, 2010