Archive for ‘Oil and Gas’
Energy explorer soars on shale gas flow
Questerre Energy (TSX: T.QEC) shares jumped 37% to $5.05 on Tuesday after the energy explorer/producer reported test results from the St. Edouard No. 1A horizontal well in the St. Lawrence Lowlands, Quebec. The horizontal well was successfully completed with eight stage fracture stimulations.
Strategic review sets oil and gas company alight
Iteration Energy (TSX: T.ITX) shares jetted 13% higher to $1.63 after it announced that it would conduct a review of strategic options, which is often used as shorthand when companies offer themselves for sale.
Junior energy stock pops on oil production sale
Petroflow Energy (TSX: T.PEF) shares climbed 33% to 32.5 cents on Monday after the oil and gas producer/explorer said it has sold its Permian Basin properties in Texas.
Junior energy stock gushes on gas flow
Corridor Resources (TSX: T.CDH) shares surged 15% to $3.50 on Wednesday after the oil and gas explorer reported that it has conducted propane fracs and completed initial clean-up flow of two intervals in the upper part of the Frederick Brook formation at the Green Road G-41 (vertical) well in New Brunswick.
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.
Junior energy stock gushes on oil and gas shows
Petro Vista Energy (TSX: V.PTV) shares surged 32% to 25 cents on Friday after the oil and gas explorer reported that it has reached total depth at its Noellia #1 (the first of several planned wells) recently drilled in the Lower Magdalena Valley Basin Colombia, La Maye Block.
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 [...]
Well tests drive junior energy company
Shares of Sea Dragon Energy (TSX: V.SDX) jumped more than 30% in early trade to 36.5 cents. The company announced before the market open that it had successfully completed testing at its Al Amir SE #4 well in the Gemsa concession in Egypt. As well, the company has moved its drilling rig, and begun drilling at its Geyad #2 appraisal well.
Energy explorer surges on property acquisitions
Velo Energy (TSX: V.VLO) shares shot up 22% to 79 cents on Thursday after the oil and gas explorer announced that its Board of Directors has approved two acquisitions that will give the the interests in four UK Central North Sea properties, including a 100% equity interest in Block 16/26p known as “Caledonia.” The Caledonia [...]
