Bonanza Oil & Gas, Inc. (OTC: BGOI), a Nevada Corporation and an independent oil and gas development company based in Houston, Texas, announced that the Company has entered into an Exploration Agreement on its Apclark Field properties with Blacksands Petroleum Texas, LLC., an affiliate of Blacksands Petroleum, Inc. Bonanza and Blacksands anticipate the drilling of multiple wells to fully develop the Apclark Properties in Borden County, Texas.
Chariot Oil & Gas Limited (LON:CHAR), the Africa focused oil and gas exploration company, announced an update to its Namibian resource potential.
Africa Oil Corp. (CVE:AOI) reported that it has signed a definitive farmout agreement with Tullow Oil plc whereby Tullow will acquire a 50% interest in, and operatorship of, three of Africa Oil's east African exploration blocks, comprised of two exploration blocks in Kenya and one exploration block in Ethiopia.
Husky Energy (TSE:HSE) announced that a purchase agreement has been signed to acquire natural gas properties in west central Alberta, which will significantly add to the Company's production and reserves and extend the optimum utilization of its Ram River Gas Plant.
Theenergyreport.com reported BC's $98M August Nat Gas and Oil Sale:
Bengal Energy Ltd. (TSE:BNG) announced that it has filed a preliminary short form prospectus with respect to a marketed public offering of up to 12.0 million common shares of Bengal at a price of $1.00 per Common Share for aggregate gross proceeds of up to $12.0 million, in each of the provinces of Canada, other than Quebec.
Theenergyreport.com reported on China's Shale Gas Goals:
Strategic Oil & Gas Ltd. (CVE:SOG) announced the results of its annual and special meeting of common shareholders held on August 23, 2010.
Spartan Exploration Ltd. (TSE:SPE) announced that due to excess demand it has increased its previously announced bought deal financing detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Clarus Securities Inc. and GMP Securities L.P., and including Mackie Research Capital Corporation and Stonecap Securities Inc. pursuant to which the underwriters will now purchase, on a "bought deal" basis, 5,263,000 common shares of Spartan at an issue price of $2.85 per Common Share for gross proceeds to Spartan of approximately $15.0 million.
Ibtimes reported on Natural Gas Daily Technical Outlook:
Wednesday, September 8, 2010