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  • BNK Petroleum Inc. continues European shale gas concession acquisition 6 Dec 2009 01:35 GMT
    ... THE UNITED STATES/ CALGARY (CNW) - BNK Petroleum Inc. ("BNK" or the "Company") (TSX: BKX) ... that it has been awarded two additional oil and gas concessions, which total approximately 500,000 ... exchange rate fluctuations, risks related to future royalty rate changes and risks and uncertainties associated ...

  • BNK Petroleum Inc. continues European shale gas concession acquisition (CNW) 6 Dec 2009 01:31 GMT
    ... year, acquiring seismic in the second year, drilling one vertical well in both years three ... limited to: the risks associated with the oil and gas industry and BNK's ability to identify ... exchange rate fluctuations, risks related to future royalty rate changes and risks and uncertainties associated ...

  • How it works 6 Dec 2009 05:42 GMT
    ... an application from a gas company to drill a well in that unit. Forced pooling ... in the unit the ability to receive royalties from gas production. The process goes roughly ... and then petitions the Virginia Gas and Oil Board to pool the interests it is unable ...

  • TAMM Oil and Gas Corp. Acquires Additional Land and Announces Planned Drilling Program 5 Dec 2009 16:55 GMT
    ... TAMM Oil and Gas Corp. (OTCBB:TAMO) today announced that it ... Zentrum retaining a non-convertible 3% Gross Overriding Royalty Interest. Don Hryhor, Director and Exploration advisor ... earning terms as negotiated. A two well drilling program has received management approval and we ...

  • Bolivian revenues from gas exports fall over $1 bn 5 Dec 2009 03:40 GMT
    ... which comprises all the natural gas and oil companies that operate in the country, said ... Evo Morales in May 2006, state-owned Yacimientos Petroliferos Fiscales Bolivianos, which owns Bolivia's estimated 48 ... product and the sharply higher taxes and royalties foreign companies must now pay as a ...

  • FG Earns U.S.$37 Billion From Shell Operations 5 Dec 2009 02:55 GMT
    ... a minimum of $37 billion from Shell Petroleum Development Company, SPDC oil exploration and production in the country since ... ranging from the sales of oil, taxes, royalties and shares. Shell's Regional Executive Vice- President ...

  • Landowners want more horizontal gas wells 5 Dec 2009 21:34 GMT
    ... steps that spur natural gas companies to drill more horizontal wells and fewer vertical ones. ... group that represents surface land owners in oil and gas regulatory issues. "Horizontal drilling provides greater ... drilling company. The mineral owners share the royalties according to their share of the acreage ...

  • TSX Venture Exchange Daily Bulletins for December 4, 2009 5 Dec 2009 14:56 GMT
    ... date du 26 novembre 2009. TSX-X ARGENTA OIL & GAS INC. ("AZA") BULLETIN TYPE: Shares ... subject to a 1% net smelter return royalty. TSX-X TAKARA RESOURCES INC. ("TKK") BULLETIN TYPE: ... does not close promptly. TSX-X WESTERN PLAINS PETROLEUM LTD. ("WPP") BULLETIN TYPE: Private Placement-Brokered BULLETIN ...

  • Paulsen, Walz, want nuclear plant construction ban lifted 5 Dec 2009 16:17 GMT
    ... Independence Act.” The legislation would tap into royalties from oil revenue payments and use 5 percent, about $110 ... Walz’s office. Paulsen considers increasing offshore oil exploration and using the ensuing federal revenues to ...

  • Mart Resources Announces Third Quarter 2009 Financial Results 1 Dec 2009 15:10 GMT
    ... Canadian dollars unless noted): - Total crude oil sales revenue for the quarter increased by ... 2008 2009 2008 Crude oil revenue after royalties 23,670,890 18,820,765 53,614,621 30,410,985 Cash flow from ... Mart Resources, Inc. is an independent, international petroleum company focused on drilling, developing and producing ...

  • Mart Resources Announces Third Quarter 2009 Financial Results (CCN) 1 Dec 2009 15:10 GMT
    ... - Crude oil production from the Umusadege Field increased by ... 2008 2009 2008 Crude oil revenue after royalties 23,670,890 18,820,765 53,614,621 30,410,985 Cash flow from ... the medium term." is an independent, international petroleum company focused on drilling, developing and producing ...

  • Suroco Energy Inc. Announces Reserves Data Update and Operational Update 2 Dec 2009 01:50 GMT
    ... to its Colombian reserves data and other oil and gas information. A 3D seismic program ... report (the "GLJ Update Report") from GLJ Petroleum Consultants ("GLJ") of Calgary, Alberta. The GLJ ... of approximately 0.511 million barrels (net after royalty), reflecting an increase of approximately 0.102 million ...

  • Suroco Energy Posts Reserves Data, Operations Update 2 Dec 2009 20:58 GMT
    ... on its Colombian reserves data and other oil and gas information. A 3D seismic program ... report (the "GLJ Update Report") from GLJ Petroleum Consultants ("GLJ") of Calgary, Alberta. The GLJ ... of approximately 0.511 million barrels (net after royalty), reflecting an increase of approximately 0.102 million ...

  • Husky Energy's recent oil discovery in the ocean east of St. John's means Newfoundland and Labrador will recoup the price it paid for stakes in some major offshore oilfields, the provincial government says. 1 Dec 2009 23:24 GMT
    ... | 6:27 PM NT Husky Energy's recent oil discovery in the ocean east of St. John's ... paid for stakes in some major offshore oilfields, the provincial government says. Husky announced in ... called North Amethyst. The province says the royalties and benefits it will receive from the ...

  • Oil discovery hikes N.L.'s profit 1 Dec 2009 23:24 GMT
    ... | 6:27 PM NT Husky Energy's recent oil discovery in the ocean east of St. John's ... paid for stakes in some major offshore oilfields, the provincial government says. Husky announced in ... called North Amethyst. The province says the royalties and benefits it will receive from the ...


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