FormCap’s Technical Team Initiates Exploration Program
Multiple Well and Seismic Program Planned to Explore Weber City Prospect
February 26th, 2010 – FORMCAP CORP’s (PINKSHEETS: FRMC.PK) technical team is initiating a comprehensive and systematic strategy to explore for oil and gas at the Company’s Weber City Prospect. A six member multi-disciplined technical team, which was assembled by Norman Mackenzie, FormCap’s Calgary based operational [...]
TAG OIL Update: February 16, 2010
On February 3, 2010 I wrote:
“As strong as the TAG OIL move has been, I am always looking for such dramatic moves expecting retracement of some of the gains. As a strictly technical opinion I fully expect that tomorrow may see TAG OIL trade higher before retracing this weeks gains and possibly trading down [...]
Winfield Resources – Libyan Status Update
Winfield Resources Limited (“Winfield”) (WWF.H:TSXV) announces today that it has received re-confirmation from the Libyan General People’s Committee for Industry, Commerce and Trade that Winfield’s License to build, own and operate a 300,000 barrel per day oil refinery remains both valid and in good standing.
(Reference here being made to the original grant of license [...]
Canadian Quantum Announces The Netherland, Sewell & Associates Inc. Prospective Original Gas In Place Resources On The Nicolet Permit Of 8.67 TCF
CALGARY ALBERTA – February 9, 2010 Canadian Quantum Energy Corporation (TSX Venture: CQM) (“Canadian Quantum” or the “Company”) is pleased to announce that Netherland, Sewell & Associates, Inc., (“Netherland Sewell”), an independent reservoir engineering firm based in Texas, has provided their “Best Estimate” of the Prospective Original Gas in Place Resources (“OGIP”) volumes for the [...]
TAG OIL: February 3, 2010 Update
TAG OIL opened yesterday at $3.08 and immediately sold down to $3.03. However, the great run that this stock has seen for the past three months kicked back in and by 10:34AM the stock ran up to trade at the high of the day and a new all time high of $3.55.
I have attached a [...]
TAG OIL: January 29 Update
On January 20, I wrote:
” Tag Oil broke down through my first level of support at $2.10 and sold down to $1.81 on January 11. As you look at the chart you will notice that volume has steadily increased and today 415,000 shares traded, the highest daily volume in over a year. The stock has [...]
TAG Acquires Remaining Key Acreage Covering Kawakawa Oil Shale Prospect in New Zealand’s East Coast Basin
VANCOUVER, Jan. 26 /CNW/ – New Zealand oil and gas producer, TAG Oil Ltd. (TSX-V: TAO – News) is pleased to announce that the Company has been awarded a 100% interest in a 61,900-acre permit extension to the Company’s PEP 38349 permit, located in the southern portion of the onshore East Coast Basin, New Zealand.
When [...]
