Hemisphere Energy Corp., a Vancouver-based oil and gas junior, declared that it has closed the acquisition of a natural gas producing Sylvan Lake property in central Alberta. For full story, click here
Continue reading "Hemisphere Energy Acquired Natural Gas Property at Sylvan Lake"
Saturday, June 27, 2009
The government of Alberta, sideswiped by the slumped and depressed natural gas prices, is stepping up its efforts to resuscitate drilling and compete against massive supplies of shale gas from British Columbia and the United States. For full story, click here
Continue reading "Alberta aims to revive Natural Gas Industry"
Thursday, June 25, 2009
Alberta will offer new incentives for struggling natural gas producers, but Premier Ed Stelmach provided no details about the scheme. For full story, click here
Continue reading "Alberta has offered Natural Gas Incentives"
Thursday, April 9, 2009
Even more than royalties or sagging commodity prices, the Alberta government needs to be worried about dwindling natural gas production to fill its gaping fiscal hole, a record $4.7-billion budget deficit. Don Herring, president of the Canadian Association of Oilwell Drilling Contractors, stated: Natural gas production is falling and it’s taking their revenue stream with it. For full [...]
Continue reading "Natural Gas output decline creates fiscal headache"
Wednesday, April 8, 2009
A supply glut dragged natural gas prices to a six-year low which has lead to predictions of more layoffs and capital spending cuts in the Alberta oilpatch with little relief expected until next fall. Calgary analyst John Tasdemir of Tristone Capital stated: I think you could see a $2 handle on it. For full story, click here
Continue reading "Natural Gas prices hit six year low"
Friday, March 20, 2009
Stealth Ventures Ltd. in accordance with disclosure requirements prescribed by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities declared the results of its 2008 independent reserve evaluation report by Sproule Associates Limited. For full story, click here
Continue reading "Stealth’s reserves rose by 71% on Alberta gas shale play"
Thursday, March 19, 2009
Midnight Oil Exploration Ltd., a Calgary, Alberta based junior energy company primarily focused on natural gas exploration, development and production in the Deep Basin portion of northwest Alberta, reported that it has filed with Canadian securities regulatory authorities on SEDAR its audited Consolidated Financial Statements for the year ended December 31, 2008. For full story, click [...]
Continue reading "Midnight files 2008 year end disclosure documents"
Wednesday, March 4, 2009
Alberta, Canada’s biggest oil and gas producing province, presented its bruised up industry up to C$1.5 billion in royalty breaks and credits in a bid to boost drilling and soften the impact of sinking petroleum prices. Energy Minister Mel Knight, said: This is not about splashing money around. For more details, click here
Continue reading "Alberta to offer $1.5 billion to boost gas industry"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Continue reading "South Parse:Warning signs"
Tuesday, October 7, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the financial crisis [...]
Continue reading "South Parse: CNG is what I see"
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming gas investing trade shows, see the following links: World Junior Oil and Gas Congress
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GasInvestingNews.com maintains a focus on Gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Tuesday, August 4, 2009