Articles Tagged "petroleum"

Alberta Star Successful at the Saskatchewan Crown Land Sale

Alberta Star Development Corp. (CVE:ASX) acquires petroleum and natural gas rights on a 160 acre parcel of undeveloped lands in the Lloydminster heavy oil region.

Treaty Energy Updates Progress on Belize

Treaty Energy Corporation (OTC:TECO) updates on the progress of its Joint Venture with Princess Petroleum Limited on the 2 million acre concession in Belize.

Western Potash Strikes Hydrocarbons

Western Potash (TSX-V: WPX) announced today that drill hole data from their potash exploration program has returned data suggesting the presence of hydrocarbons. An evaluation by a petroleum geologist suggests two formations are targets for significant natural gas. Patricio Varas, the CEO of WPX is quoted saying: The possibility of having sizable natural gas pools [...]

Crescent is awaiting response from Iran on new Gas Price

The United Arab Emirates-based Crescent Petroleum is awaiting a response from Iran’s oil ministry on its proposed price hike on a gas export agreement. Majid Hamid Jafar, the executive director of Crescent, stated: The al-Halal oil company has agreed to a price higher than what had been previously announced, and has called on (Iran’s) Oil [...]

Nitro Petroleum appointed New Chief Financial Officer

Nitro Petroleum Incorporated reported that it has appointed Shane Broesky to the Position of Chief Financial Officer effective April 1, 2009. Mr. Broesky has also been elected to the Nitro Board of Directors. Larry Wise, President of Nitro, commented, stated: The addition of Shane as Chief Financial Officer and Director will be very significant and [...]