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Sentry Petroleum Ltd owner and operator of one of Austral-Asia’s largest exploration and appraisal portfolios announced today key advances to its exploration and appraisal portfolio. The Company has now set the stage for its upcoming Winter 2011 appraisal drilling campaign that is anticipated to commence in March 2011. A Sentry Petroleum spokesperson advised today that [...]
Crude rose to the highest level in almost three weeks on greater-than-forecast growth in U.S. private employment and Chinese manufacturing and on signals the European Central Bank will act to prevent the spread of the region’s debt crisis. Prices surged 3.1 percent as companies in the U.S. boosted payrolls the most since November 2007, according [...]
British Petroleum or BP has agreed to sell its share of Pan American Energy, an Argentina-based oil and gas company, to Bridas Corporation as part of its plan to divest $30 billion of assets by the end of next year. Pan American Energy produces oil and gas in the southern cone of South America. It [...]