Thestreet.com reported on Declining Natural Gas Prices Result In Nearly 12% Savings For PECO Gas Customers:
Yangarra Resources Ltd. (TSX VENTURE:YGR) reported has released its unaudited interim consolidated financial statements and related management’s discussion and analysis for the first quarter ended March 31, 2010 and provides an operational update.
CANADIAN PHOENIX RESOURCES CORP.(TSX VENTURE:CXP)reported that Serrano Energy Ltd. has completed its previously announced plan of arrangement with Baytex Energy Ltd. pursuant to an arrangement agreement between Serrano and Baytex.
Oil and energy companies said that there will be an overage of gas supplies until 2014. There was a decrease in demand for gas due to the financial and economic crisis in 2008 so gas prices have collapsed. Jean-Jacques Mosconi, head of strategy for Total SA (TOTF.PA) is quoted saying: “Gas faces a bubble — [...]
Parex Resources Inc. (TSX VENTURE:PXT) provided an exploration update for Colombia and Trinidad and announces its operating and financial results for the three months ended March 31, 2010.
Suroco Energy Inc. (TSX VENTURE:SRN) provided an update to its operations and the operations of Winchester Oil & Gas S.A.
BHP Billiton (BHP.AX)(BLT.L), world’s largest mining company, is planning to drill for gas in South Africa’s West Coast. This project will pursue once they get their permits by August 2010. David van der Spuy, a resource evaluation manager at Petroleum Agency SA is quoted saying: “BHP Billiton holds the area on sub-lease under the previous [...]
Arkanova Energy Corporation (OTCBB: AKVA) reported that they hired Lance Nelson on February 8, 2010 as the Field Manager for the Two Medicine Cut Bank Sand Unit (TMCBSU) in Cut Bank, Montana.
Excelsior Energy Limited (TSX VENTURE:ELE) reported that it will not be required to obtain the approval of its shareholders prior to the completion of the proposed $20.0 million and $6.0 million private placements announced on April 16, 2010, and May 13, 2010, respectively.
Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) reported that the company has begun development and property integration plans using innovative technology that will convert flare gas, a byproduct of oilfield production, so named because it is commonly disposed of by continuous burning during drilling operations, into a synthetic and commercially viable form of crude oil.
Friday, May 28, 2010