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Lithium Market Set To Explode - All Eyes Are On Nevada

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending Ameri ...

Royale Energy reaches agreement to develop Sacramento Basin Grimes Field

Royale Energy, Inc. (NASDAQ:ROYL) today announced that it has reached an agreement, with a major independent exploration and production company, to develop 1,300 acres in the Sacramento Basin Grimes Field. This agreement allows Royale to drill up to three well ...

Petrogrand provides drilling programme update

Following the completion of the Ripiano transaction in April 2015, whereby Petrogrand acquired an indirect 49% interest in three oil producing fields in the Komi region of Russia, Petrogrand's new management team has finalized the forward heading operational p ...

Condor Petroleum to abandon KN-501 Primary Basin well

Condor Petroleum Inc. (TSX:CPI) has reached a total depth of 3,992 meters on the KN-501 Primary Basin well located on the Company's 100% owned Zharkamys West 1 Territory in Kazakhstan. Numerous gas shows were encountered while drilling the main hole section f ...

Supernova Energy provides corporate update

Supernova Energy Inc. (OTC PINK: SPRN) is pleased to provide a corporate update. Supernova Energy in recent months has commenced evaluation of its Kansas holdings and has also acquired acreage in Kentucky. Supernova Energy has reached an agreement in principl ...

Sintana Energy provides update on drilling operations Colombia's Middle Magdalena Basin

Sintana Energy Inc. (TSX VENTURE:SEI) is pleased to report that the Manati Blanco-1 exploration well, located on Colombia Block VMM-37, has been successfully drilled and cased through multiple tight oil formations to a measured depth of approximately 14,500'. ...

Resolute Energy Corporation closes sale of Powder River Basin assets

Resolute Energy Corporation (NYSE: REN) announced today that it has closed the sale of its Hilight Field assets in the Powder River Basin to a private party for a purchase price of $55 million. The transaction has an effective date of July 1, 2015. The net pro ...

MEG Energy announces new board appointment

MEG Energy Corp. (TSX: MEG) announced today the appointment of Diana McQueen to its board of directors. Ms. McQueen brings energy and environmental public policy experience from regional, provincial and international levels, in addition to entrepreneurial expe ...

US Oil Exports And The Struggle For Jobs

THERE are few other genuine long-term bright spots in the US economy other than shale oil and shale gas unless you are at the very top of the economic pile and so view cloud computing, social media and internet search engines as equivalent to 'Morning in Ameri ...

West Coast petroleum markets differ by supply, demand, and distribution

Source: U.S. Energy Information Administration, PADD 5 Transportation Fuels Markets Note: Gasoline supply includes ethanol. The U.S. Energy Information Administration released a PADD 5 Transportation Fuels Markets study on September 30 that examines supply, ...

Statoil announces oil spill at Statfjord; 'too early to say how much oil has leaked'

On Thursday 8 October at 8.30 a.m. there was a report that oil had been observed in the sea close to the OLS B loading buoy at the Statfjord field. The oil spill was discovered during the loading of oil from the Statfjord A platform to the tanker 'Hilda Knuts ...

Q3 2015 Oil & Gas M&A Slides to $18.2 Billion

Evaluate Energy's new report 'Q3 2015 Oil & Gas M&A Slides to $18.2 Billion' shows that the total value of upstream oil and gas deals reached $18.2 billion during Q3 2015, a value that represents a 61% shortfall compared to the average quarterly E&P M&A spend ...

Encana Corporation reaches agreement to sell DJ Basin assets for $900 million

Encana Corporation (TSX: ECA)(NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in Colorado to a new entity 95 percent owned by Canada Pension Plan ...

Lion Energy announces milestone Lofin discovery

Lion Energy Limited (ASX: LIO) is pleased to report contingent resources for the Lofin Field. The estimates confirm a significant gas/ condensate discovery in the Seram Non-Bula Block PSC, located in eastern Indonesia, in which Lion has a 2.5% interest. The c ...
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