Delivering News That Matters

Petro Vista Provides Operations Update of Core Properties in Brazil and Colombia

SAN CLEMENTE, CALIFORNIA – August 30, 2010 – (TSX-V:PTV). Petro Vista Energy Corp. (“Petro Vista” or the “Company”), provides the following operations update on its core properties: Tartaruga block, Brazil and Morichito, La Maye and SSJN-5 blocks, Colombia.
Brazil – Tartaruga
The completion of the previously announced and successfully drilled 7-TTG-1DP-SES development well continues to be delayed [...]

TAG Oil Announces Filing of First Quarter Financial Results

Vancouver B.C. – August 30, 2010 – TAG Oil Ltd., (TSX-V: TAO) a Canadian-based production and exploration company with operations in New Zealand today reported its first quarter financial results for the period ended June 30, 2010. Copies of these documents can be obtained electronically at: www.sedar.com or through the Company’s website http://tagoil.com/financial-reports.asp.
The Company [...]

Sterling Resources Ltd. – Cladhan Appraisal Well Confirms Excellent Thick Oil Bearing Channel Sand Reservoir

CALGARY, Aug. 30 /CNW/ – Sterling Resources Ltd. (TSX-V:SLG – News; “Sterling” or the “Company”) is pleased to announce the successful drilling of the Cladhan sidetrack well located on Block 210/29a in the United Kingdom North Sea, some 225 miles north east of Aberdeen, Scotland, in 536 feet water depth. Sterling holds a 39.9% interest [...]

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 [...]

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 [...]

Oil and Gas Royalties – Leasing Mineral Rights

Royalties vs Mineral Rights
Oil and gas royalties are not as complex as most people think. They are actually fairly simple, and I’ll explain clearly what they are and how they generate cash.
If you own a farm, then you own the land also known as the surface rights. Often, when you bought the farm, your deed [...]

TAG Oil Announces Year-End Financial Results and Operating Highlights

VANCOUVER, July 29 /CNW/ – TAG Oil Ltd., (TSX-V, trading symbol: “TAO”) a Canadian-based production and exploration company with operations in New Zealand, reported financial results and operating highlights today. TAG reports that it has filed these results along with its Annual Information Form with the Canadian Securities Administrators as well as NI 51-101-compliant reserves [...]

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