Delphi Energy Corp. (TSX:DEE) announced the company’s crude oil and natural gas reserves information for the year ended December 31, 2009. The press release is quoted as saying: Achieved finding, development and acquisition costs (“FD&A”) of $12.06 per barrel of oil equivalent (“boe”) for total proved reserves and $9.21 per boe for total proved plus [...]
LOMIKO METALS INC. (TSX VENTURE:LMR)(PINK SHEETS:LMRMF)(Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) reported that Japan Oil, Gas and Metals National Corporation (“JOGMEC”) has entered into a Memorandum of Agreement with Lomiko Metals Inc. and its wholly-owned subsidiary Lomiko Metals USA LLC to acquire 51% of Lomiko’s Alkali Lake Project in Esmeralda after completing $2.5 million USD in [...]
Veraz Petroleum Ltd. (CNSX:VRZ) reported that the TSX Venture Exchange has approved the Corporations Listing Application. The shares of the Corporation will begin trading on the TSX-V on Tuesday, February 16, 2010 under the symbol VRZ. The press release is quoted as saying: Veraz is a junior international oil and gas exploration company based in [...]
The Kciinvesting.com reports 2010: The Year for Natural Gas: The world faces major energy challenges, rooted in two basic issues: the rising cost of energy and concerns about the environmental impact of our energy consumption. Depending on political and economic views, one might argue that one of these concerns is more important than the other. [...]
Midway Energy Ltd. (TSX:MEL) reported that the company has closed its previously announced acquisition of certain assets in the Garrington area of Alberta. The press release is quoted as saying: Midway is a public oil and gas exploration and development company, located in Calgary, Alberta and carrying out operations in Alberta and British Columbia. Midway [...]
Quest Oil Corporation (PINKSHEETS: QOIL), reported that the company has entered into a Letter of Intent with SunDial/McDermett Operating Inc. The press release is quoted as saying: Based in Graham, Texas, Sundial/McDermett and its subsidiaries are engaged in oil and gas development, field remediation and operation production management in the United States, primarily in the [...]
Quicksilver Resources Inc. (NYSE: KWK) reported that the company has agreed with BreitBurn Energy Partners L.P. (NASDAQ: BBEP) and Provident Energy Trust (NYSE: PVX) to settle all existing litigation among the parties, subject to execution of final settlement documentation and payment of damages. The press release is quoted as saying: Fort Worth, Texas-based Quicksilver Resources [...]
Southern Pacific Resource Corp. (TSX VENTURE:STP) reported that TSX Venture Exchange has identified Southern Pacific as #1 in the oil and gas sector of the 2010 TSX Venture 50, a ranking of the strongest performers listed on TSX Venture Exchange. The press release is quoted as saying: “It’s a tremendous honour to be identified as [...]
Black Diamond Group Limited (TSX:BDI) reported that the company has completed the acquisition of all of the shares of Paragon Energy Services (Saskatchewan) Ltd. for total consideration of $556,000 and the issuance of 254,427 common shares of Black Diamond Group Limited with an effective date of January 1, 2010. The press release is quoted as [...]
Peak Energy Services Trust (TSX:PES.UN) reported that the Toronto Stock Exchange has conditionally accepted the Trust’s previously announced non-broked private placement of 80,000,000 trust units to Deans Knight Capital Management Inc. and certain directors and officers of the Trust for gross proceeds of $16 million. The press release is quoted as saying: Peak is a [...]
Get our independent commentary on gas trends and companies delivered to your inbox.
