TAG Oil Announces a 450% Increase to Mt. Messenger Reserves in Taranaki Oil Field, New Zealand
VANCOUVER, July 8 /CNW/ – TAG Oil Ltd. (TSX-V: TAO – News) is pleased to announce that an independent assessment of reserves on the Cheal Mining Permit, onshore Taranaki Basin, New Zealand, conducted as of March 31, 2010, has assigned net proved and probable reserves remaining of 651,000 barrels of oil, plus associated gas of [...]
Iraq woos investment in refineries as port systems crumble
The following article is from the Oil & Gas Journal Oil Diplomact Editor Eric Watkins. (link to the story here)
This serves to substantiate Winfield Resources’ plan to build, own, and operate an oil refinery in Libya. With the lack of refining capacity growing around the world as oil consumption increases daily, Libya looks to be [...]
Sterling Resources announces preliminary financing offer
Calgary, Alberta, Canada, June 28, 2010 – Sterling Resources Ltd., (TSX-V:SLG) (“Sterling” or the “Company”) is pleased to announce that further to the mandate of the Royal Bank of Scotland plc (“RBS”) as Debt Structuring Bank in August 2009 to structure the debt financing (“the Facility”) for development of the Breagh project in the [...]
Gran Tierra Energy Confirms Oil Discovery at Moqueta-1 in Colombia
Development plans initiated to prepare for long term testing
Gran Tierra Energy Inc. (AMEX: GTE; TSX: GTE), a company focused on oil exploration and production in South America, today announced that it had completed initial testing of the Moqueta-1 exploration well, a new field discovery on the Chaza Block in the Putumayo Basin, Colombia, while preparations [...]
Rockbridge Reports on Continuing Development of Oil & Gas Projects
VANCOUVER, BC – RockBridge Resources Inc. (RockBridge- TSXV symbol- “RBE”) announces that production at the Woodrush oil and gas project, located in the Peace River Arch of British Columbia, increased substantially for the month of May with the operator reporting gross revenues of $1.7 million and an operating netback of $1.08 million. The project, [...]
Gran Tierra Energy Announces Successful Acreage Awards in Colombia
Expands Dominant Land Position in Putumayo Basin and Adds New Frontier Exploration Acreage
CALGARY, June 24 /CNW/ – Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced successful bids on three blocks in the recently completed 2010 Colombia Bid Round administered by Colombia’s [...]
Gran Tierra Energy Announces Positive Initial Moqueta-1 Exploration Well Results, Colombia
CALGARY, June 7, 2010 /PRNewswire via COMTEX/ –Oil and gas shows and potential pay on electric logs results in testing program design
Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced initial drilling results from Moqueta-1. Oil and gas shows were recorded through [...]
