Triton Energy Corp. (TSX VENTURE:TEZ) reported that the company has entered into an agreement to acquire oil & gas properties located in West Central Alberta for approximately $45.0 million. The press release is quoted as saying: The acquired properties (65% liquids rich natural gas, 35% light oil) are located in the Ferrybank area of West [...]
EuroGas, Inc. (PINKSHEETS: EUGS) (FRANKFURT: EUG) (XETRA: EUG) (HAMB: EUG) (STUT: EUG) today reported the acquisition of three unconventional gas concessions by EuroGas Ukraine Ltd., a 50% owned Ukrainian subsidiary of EuroGas GmbH, a Vienna, Austria based Company, which in turn is a 100% owned subsidiary of McCallan Oil & Gas Ltd., a London, England [...]
The federal government’s controversial decision to allow oil and gas drilling off Virginia’s coast is reported to be delayed. The press release is quoted as saying: The federal government’s current five-year drilling plan, which was drawn up under the Bush administration, calls for leasing almost 3 million acres in a triangular area located about 50 [...]
Faroe Petroleum Plc (FPM.L) reported that the company was awarded a new exploration licence in Norway and was prequalified as an operator for the Norwegian Continental Shelf. The press release is quoted as saying: The oil and gas explorer said significant hydrocarbon potential had been identified within the new Norwegian Sea licence, PL477B, located adjacent [...]
Australia’s Woodside Petroleum Ltd (WPL.AX) reported that it has found gas at the Noblige-1 well off western Australia, which analysts said could boost its chances of expanding its Pluto liquefied natural gas plant. The press release is quoted as saying: Woodside, operator of the Pluto gas export project that is estimated to cost up to [...]
Timberlake Energy Solutions Inc. (PINKSHEETS: TLKE) (FRANKFURT: T2YA) reported that the company has acquired Rhoton Oil Lease Properties situated in Kansas. The press release is quoted as saying: Timberlake Energy Solutions Inc. is a junior exploration company focused on purchasing abandoned or under valued oil and gas leases in the United States. With an experienced [...]
Canacol Energy Ltd. (TSX VENTURE:CNE)reported that the Company has granted 5,774,000 stock options to eligible participants. The press release is quoted as saying: Canacol is a Canadian based international oil and gas corporation with operations in Colombia, Brazil and Guyana. Canacol is publicly traded on TSX Venture Exchange (TSX VENTURE:CNE). Click here to access the [...]
Monterey Exploration Ltd. (TSX:MXL) reported its reserves as at December 31, 2009 and its 2009 average production rates, cash flow and year end net debt. The press release is quoted as saying: Monterey is very encouraged by operational results to date on its natural gas project at Groundbirch in north east British Columbia. The Corporation [...]
Sherritt International Corporation (TSX:S) reported that it has scheduled to release its fourth quarter 2009 earnings results on Wednesday, February 24, 2010 before markets open. The release will be followed by an analyst conference call at 2:00 P.M (Eastern Time). The press release is quoted as saying: Sherritt is a diversified natural resource company that [...]
Quicksilver Gas Services LP (NYSE: KGS) announced today that the board of directors of its general partner has declared a cash distribution of $.39 per common unit for the 2009 fourth quarter. The press release is quoted as saying: Quicksilver Gas Services LP is a midstream master limited partnership engaged in the business of gathering [...]
Friday, January 29, 2010