Sunridge Announces Operational Update, Definitive Heavy Oil Development Agreement and Financing
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/24/12 -- Sunridge Energy Corp. ("Sunridge" or the "Company") (TSX VENTURE: SRG) is pleased to report ongoing evaluation of the second well of our North Central oil play location 102/14-22-47-25-W4, operated by Sunridge. The target area is being prepared for surface survey…
Introducing the UK–s Cheapest Fixed Price Energy Deal from First Utility
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LONDON, UNITED KINGDOM -- (Marketwire) -- 05/24/12 -- Leading independent UK energy supplier First Utility () has introduced a new market-leading fixed tariff - iSave Fixed Price v2(i).With an average annual tariff of GBP 1,047, the new dual fuel deal will reassure customers looking for security on their bills…
Simba Energy Receives Final Approval for 60% Interest in Blocks 1 & 2 Onshore Guinea
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/24/12 -- Editors note: There is an infographic associated with this press release.Simba Energy Inc. ("Simba" or the "Company") (TSX VENTURE: SMB)(FRANKFURT: GDA)(OTCQX: SMBZF), is pleased to announce that it has received final approval for 60% of the Production Sharing Contract (PSC) in…
Petrolympic Announces A Joint Venture on Michigan Pinnacle Reef Properties With Energex Petroleum Inc.
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TORONTO, ONTARIO and WINDSOR, ONTARIO -- (Marketwire) -- 05/24/12 -- Petrolympic Ltd. (TSX VENTURE: PCQ) ("Petrolympic") is pleased to announce that it has entered into a letter of intent ("LOI") to form a joint venture with Energex Petroleum Inc. ("Energex") through which Petrolympic will acquire 50% indirect working…
ProSep Announces $1.3 Million Gas Treatment Contract Awards
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- Including contract from Statoil R&D division for proprietary mixing solution…
US Department of Energy Conducts 24 Hour Testing of STWA Applied Oil Technology 1.2V
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US DOE Testing Generates Relevant Data for STWA--s Crude Oil Viscosity Reduction System…
Independence Energy Corp. Secures $1,000,000 Drawdown Financing Facility
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SEAL BEACH, CA -- (Marketwire) -- 05/24/12 -- (OTCBB: IDNG) (the "Company" or "Independence Energy") is pleased to announce that it has reached an agreement to provide the Company with a $1,000,000 Drawdown Financing facility. The proceeds from this potential financing may be used for new project…
Lundin Petroleum Spuds Clapton Exploration Well in Southern North Sea
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STOCKHOLM, SWEDEN -- (Marketwire) -- 05/24/12 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that drilling of exploration well 2/8-18S in PL440S has commenced. The well will target the Clapton prospect, which is situated 10 km north of the Valhall Field, offshore Norway.…
Canadian Phoenix Releases First Quarter Results
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/23/12 -- CANADIAN PHOENIX RESOURCES CORP. ("Canadian Phoenix" or the "Corporation") (TSX VENTURE: CXP), a junior oil and gas exploration, development and production company seeking to invest its cash holdings of over $79 million, announces the results for the first quarter of…
Joint News Release: Pengrowth Energy Corporation and NAL Energy Corporation Announce Shareholder Approval of Strategic Business Combination
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CALGARY, ALBERTA -- (Marketwire) -- 05/23/12 -- Pengrowth Energy Corporation ("Pengrowth") (TSX: PGF) (NYSE: PGH) and NAL Energy Corporation ("NAL") (TSX: NAE) (TSX: NAE.DB) (TSX: NAE.DB.A) (TSX: NAE.DB.B) are pleased to announce that the holders of common shares of NAL have approved the proposed business combination of Pengrowth…