Sample Issue -- December 27, 2007
Sample Issue -- Table of Contents
For the second month in a row, wells rig released in Canada by operators exceeded the year ago number after falling well below 2006 levels for the January through September months.
Excelsior Energy Limited says it has received approval of West Surmont oilsands exploration plan 070095. Two core rigs are currently drilling ahead in the company's 24-well core drilling program at Hangingstone to confirm the resource potential of the property.
Diaz Resources Ltd. has closed its previously announced financing, raising by way of a non-brokered private placement of 3.33 million common shares issued on a "flow-through" basis at a price of 30 cents per share.
Shell Canada Limited has applied to the Alberta Energy and Utilities Board (EUB) and Alberta Environment (AENV) for an amendment to the Jackpine mine Phase 1 project to increase bitumen production by 100,000 bbls per day.
Compton Petroleum Corporation and WIN Energy Corporation have jointly announced the previously announced acquisition by way of a statutory plan of arrangement under the Business Corporations Act (Alberta).
Ironhorse Oil & Gas Inc. says it has completed installation of flowlines to access the western portion of the company's acreage in the Shackleton field of southwestern Saskatchewan.
Have New Staff In Your Crude Oil Marketing Group & No Time To Train Them.
Natural gas prevailed in the latest bitumen versus gas debate as the Energy and Utilities Board gave the nod to an application from Duvernay Oil Corp. to produce Bluesky gas.
ProspEx Resources Ltd. has entered into an agreement to acquire certain liquids-rich natural gas assets in the company's core operating area at Ricinus, Alberta for $11.75 million, subject to normal closing adjustments.
The Athabasca Northern Railway Ltd. (ANY) which provides a critical link to the Athabasca oilsands of northern Alberta and which was to shut down Dec. 31 has been given a reprieve.
Calgary-based TransGlobe Energy Corporation says it plans to seek a buyer for its Canadian assets as it focuses on its properties in Yemen and Egypt where it has experienced higher growth rates and a higher return on investment.
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The joint panel reviewing the proposed EnCana Corporation shallow gas infill development project in the Suffield National Wildlife Area in Alberta, says the Environmental Impact Statement along with the additional information submitted by the proponent is adequate to schedule public hearings on the environmental effects of the proposed project and the associated application for the three well licenses.
To date in the fourth quarter, Rider Resources Ltd. says it has drilled five gross (five net) wells all of which have been successful.
TXV listed Co. looking to acquire up 100 BOE/D in the WCSB with upside potential. Contact G. Coolidge P. Eng. at:
Effective Dec. 17th, Silverwing Energy Inc. rig released the 22nd and final well of its intermediate depth drilling program at Tomahawk, Alberta, completing its drilling commitment of 22 Mississippian and Belly River wells that was to occur before Dec. 31, 2007.