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Latest Western Canadian Sedimentary Basin Stories

2010-03-25 07:00:00

TSX-V TRADING SYMBOL: CEC VANCOUVER, March 25 /PRNewswire-FirstCall/ - Compliance Energy Corporation ("Compliance" or the "Company) is pleased to announce that testing completed at GWIL Industries (Birtley Coal & Mineral Testing Division) in Calgary Alberta, and SGS North America Inc. (Mineral Services Division) in West Virginia USA on core from the 2009 drilling program has confirmed that coal from the Raven Project on Vancouver Island is a High Volatile Bituminous A coking coal. The...

2010-02-26 17:00:00

CALGARY, Alberta, Feb. 26 /PRNewswire/ -- The following statement is being issued by Trident Resources Corp. regarding the Trident bankruptcy. Trident Resources Corp., Trident Exploration Corp. and their affiliates (collectively, "Trident" or the "Company"), announced that on February 19, 2010, in conjunction with the ongoing restructuring proceedings under the Companies' Creditors Arrangement Act (the "CCAA") in Canada and Chapter 11 of the United States Bankruptcy Code in the United...

2010-01-18 08:00:00

CALGARY, ALBERTA, Jan. 18, 2010 /PRNewswire-FirstCall/ - Enterra Energy Trust ("Enterra", or the "Trust") today announced that the Board of Directors of Enterra Energy Corp., on behalf of the Trust, unanimously approved the conversion of the Trust to a corporation to be named Equal Energy Ltd. ("Equal Energy"). Don Klapko, President and CEO said, "Enterra must eventually convert from a Trust to a corporation because of the taxation changes in Canada, and so we are relaunching Enterra as...

2008-09-02 00:00:25

By Lokman Mansor; Zaidi Isham Ismail; Rupa Damodaran; Hamisah Hamid; HIGHER crude oil and gas production will help the mining sector to grow 3.4 per cent this year. Output of crude oil will increase because of higher production from the Kikeh deepwater oil fields as well as new oil fields including Sumandak and Bunga Orkid. Production of LNG (liquefied natural gas) should rise on additional demand from Japan and Korea as well as new demand from China. Growth of the mining and...

2008-08-28 03:00:50

By Poruban, Steven Production of Canadian oil sands bitumen will continue to rise in the coming decades but not without advances in processing technologies and the adoption by producers of varied strategies to market the resulting heavy crude blends. These were some of the issues raised by speakers July 15 during the opening session of the second annual Oil Sands & Heavy Oil Technologies Conference & Exhibition in Calgary. Tension was palpable at the opening session regarding one...

2008-08-08 03:00:39

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR; OTCQX Market, U.S.A. - Symbol: FRTE), an independent oil and gas exploration and production company, today announced an update of operations at its Shallow Fields Production Unit, Block 12, Georgia. Since the start of the second quarter of 2008, average daily production increased approximately 30% when compared to the first quarter of 2008, with peak production during the month of July ranging from 95 bbls per...

2008-08-07 06:00:41

CALGARY, ALBERTA--(Marketwire - Aug. 7, 2008) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) - Commenting on second quarter results, Allan Markin, Chairman of Canadian Natural stated, "This is an exciting time for Canadian Natural. Phase 1 of our Horizon Project is approaching completion. This is a complex project which involves moving raw oil sands materials through a complex process to yield raw bitumen crude oil and then upgrading it to 34 degrees API, light sweet synthetic...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.