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US Short Term Energy Outlook
Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]
Wednesday, November 30th, 2011Sagres Energy Acquisition Interest in L1anos 11 and Putumayo 3 Block
Sagres Energy Inc an international oil and gas exploration company with an exploration portfolio in Colombia, Guyana and Jamaica, announced today that further to its news releases of August 27, 2010, March 14, 2011, and April 20, 2011, Sagres has completed the acquisition of private participating interests in each of the Llanos 11 and Putumayo [...]
Wednesday, May 18th, 2011Pennant and Blackbird Sign Agreement with Donnybrook Energy for Well Drilling Montney Formation
Pennant Energy Inc is has signed a Farmout Agreement (the “Agreement”) with Donnybrook Energy Inc of Calgary, Alberta for the drilling of a horizontal test well (the “Test well”) at Donnybrook’s Bigstone area, Montney formation, liquids-rich natural gas resource play. Drilling is expected to commence in the third quarter of this year. Blackbird Energy Inc. [...]
Sunday, March 20th, 2011