WesternZagros Resources Ltd. (TSX VENTURE:WZR) reported the appointment of Mr. Ian McIntosh to the new position of Vice President, Kurdistan Business Unit, to be resident in Iraqi Kurdistan. The press release is quoted as saying: WesternZagros is an international natural resources company engaged in acquiring properties and exploring for, developing and producing crude oil and [...]
Morumbi Oil & Gas Inc. (TSX VENTURE:MOC) provided investors with a corporate update of drilling activities at its newly acquired McKinley Prospect in northwestern Alberta. The press release is quoted as saying: Morumbi Oil & Gas Inc. is a newly traded public company with attractive near-term development and production assets. The Company trades on the [...]
Texalta Petroleum Ltd. (TSX VENTURE:TEX.A) on behalf of its wholly owned subsidiary, Texalta Australia Pty Ltd.,announced that the company has received $3.25 MM CAD from Georgina Basin Energy Pty Ltd., representing the balance of the $5 MM CAD which GBE agreed to contribute to the work program on Permits 103 and 104 to earn a [...]
Nextraction Energy Corporation (TSX VENTURE:NE) reported that the company’s wholly-owned subsidiary, Nextraction Energy (US) Inc. willl begin drilling its first well on the Pinedale Anticline in mid-January with the commencement of the Noble 6-24 well. The news release is quoted as saying: Nextraction Energy currently holds 2,551 acres in the Northern crest of the Pinedale [...]
Lynden Energy Corp. (TSX VENTURE:LVL) announced that the company is undertaking a non-brokered private placement in the amount of $4,500,000. The press release is quoted as saying: Lynden is a Canadian-based oil and gas company with operations in the Permian Basin, West Texas, and in the Paradox Basin, Utah. Click here to access the entire [...]
Pacific Northern Gas Ltd. (TSX:PNG)(TSX:PNG.PR.A) announced today that Merrill Lynch Commodities, Inc. has extended to June 30, 2010 its option to contract for 75 MMcf per day of firm gas transportation service using existing capacity on PNG’s Western B.C. pipeline system. The news release is quoted as saying: A $1.0 million non-refundable option extension fee [...]
Treaty Energy Corporation (OTCBB: TECO) reported that the company has completed an agreement to acquire 54 oil and gas leases in Kansas and Missouri. The news release is quoted as saying: Current production has been increased from 115 bbl per day in October 2009, when the original agreement to acquire was signed, to approximately 150 [...]
France’s Total signed a $2.25 billion tie-up with Chesapeake Energy, becoming the latest international oil company to take advantage of low gas prices to snap up shale gas assets. The news release is quoted as saying: The latest deal also puts Chesapeake — which has suffered liquidity issues in the past — on firmer financial [...]
On Saturday, the first spot cargo of liquefied natural gas bought by PetroChina (0857.HK) arrived at Shanghai. The news release is quoted as saying: The cargo, around 90 million cubic meters after regasification, will be pumped into gas networks in Shanghai, the report said. PetroChina thus will be able to divert an equivalent amount of [...]
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