Gran Tierra Energy Establishes Initial Exploration & Production Position in Brazil
CALGARY, Aug 30, 2010 /PRNewswire via COMTEX/ –
Acquires operated light oil reserves, production and exploration upside
Gran Tierra Energy Inc. (“Gran Tierra Energy”) (NYSE Amex: GTE, TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced that it has finalized an agreement with Alvorada Petroleo S.A. (“Alvorada”) whereby Gran [...]
Week in Review: Stocks under pressure amid signs that recovery is losing momentum
For the week ended August 27, 2010
Bernanke pledges Fed will do all it can to ensure U.S. recovery
Weak GDP, durable goods orders, home sales reports show U.S. recovery losing pace
Initial U.S. jobless claims decline more than expected Toyota to recall 1.13 million Corolla and Matrix models J&J pulls hip implant product U.K. economy expands 1.2%
S&P [...]
Gran Tierra Energy – Moqueta-2 Testing Confirms Additional Oil Pay at Moqueta Discovery, Colombia
CALGARY, Aug 26, 2010 /PRNewswire via COMTEX/ –
Well flows up to 1,077 BOPD from two zones independently without pumps, 850 BOPD comingled; no oil-water contacts identified
Gran Tierra Energy Inc. (“Gran Tierra Energy”) (AMEX: GTE; TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced that it had completed [...]
The Hindenburg Omen — Omen-ous or Not?
Elliott Wave International Chief Market Analyst Steve Hochberg Sheds Light on a Feared Technical Indicator
By Elliott Wave International
Last week’s volatile market action coincided with a technical signal called the Hindenburg Omen whereby a relatively high number of new highs and lows in individual stocks occur at the same time. This indicator instantly gained an enormous [...]