Archive for ‘Energy’
Junior energy stock pops on gas flow
Monterey Exploration (TSX: T.MXL) shares climbed 16% to $3.95 on Monday after the oil and gas explorer/producer provided an operational update with respect to certain of its operations in the Groundbirch area of British Columbia.
Oil sands company puts itself on the block
Opti Canada (TSX: T.OPC) shares rallied 8.95% to $2.06 in Wednesday trading. The company announced Tuesday after the close that it was “considering strategic alternatives for enhancing shareholder value” – the often-used shorthand when a company is putting itself up for sale or merger. In a press release, Opti said it does not believe its share [...]
ARISE Technologies (T.APV) shot up 18%
Shares of ARISE Technologies (TSX: T.APV) shot up 18% to 43 cents as the solar technology provider said it has received a letter of intent for 9.54 million euros of funding from the government of North Rhine-Westphalia, Germany's largest Federal State, towards launching ARISE Technology Centre GmbH, in Gelsenkirchen, Germany.
Junior energy stock pops on gas flow test
Corridor Resources (TSX: T.CDH) shares climbed 19% to $3.10 on Wednesday after the oil and gas producer/explorer reported the initial results of fracturing and flow-testing of the McCully L-38 and P-47 wells located in the northeastern segment of the McCully natural gas field in New Brunswick.
AAER signs $2.6 million turbine supply agreement
Quebec-based wind turbine equipment manufacturer AAER Inc. (TSX: V.AAE) announced Friday that it has signed an agreement for the delivery of a 1.65 MW wind turbine to the Massachusetts Municipal Light Department Wind Energy Cooperative, which includes the Templeton Municipal Light and Water Plant in Baldwinville, Massachusetts.
Coal miner gains on Q1 sales news
Calgary-based Grande Cache Coal Corporation (TSX: T.GCE) said Tuesday that sales of 0.51 million tonnes of metallurgical coal in the first quarter of fiscal 2010, driven by a significant increase in spot sales primarily into the Chinese market, represent the largest quarterly sales volumes in the company’s history.
Antrim Energy (AEN) offered UK North Sea block
In breaking news Friday, Calgary-based Antrim Energy (TSX: T.AEN) announced that it has been offered Block 21/24b in the UK North Sea as part of the 25th Seaward Licencing Round.
Verenex Energy tumbles after update on Libya discussions
Shares of Calgary-based Verenex Energy (TSX: T.VNX) tumbled 20% to $6.87 Monday, as the company said the Libyan National Oil Corporation has not provided consent to the acquisition of the company by China National Petroleum Corp.
Uranium One acquires interest in Kazakhstan mine
Uranium One (TSX: T.UUU) announced Monday that it has signed an agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto, the Russian state-owned uranium mining company.
