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Latest Western Oil Sands Stories

2014-05-19 08:22:22

CALGARY, May 19, 2014 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today announced the appointment of Greg Phaneuf to Senior Vice President, Finance and Chief Financial Officer (CFO), effective June 1, 2014. "Greg brings important expertise to the office of the CFO for Ivanhoe Energy," said Carlos A. Cabrera, Executive Chairman. "His financial experience and knowledge of our company will be invaluable as we work to deliver our plan and build value for all of...

2014-03-24 12:23:26

CALGARY, March 24, 2014 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West" or the "Company") is pleased to announce that Mr. David Dyck has been appointed Senior Vice President and Chief Financial Officer ("CFO") of Penn West effective May 1, 2014. Mr. Dyck replaces Todd Takeyasu who today is stepping down from the role. "On behalf of our Board of Directors and staff, I would like to thank Todd Takeyasu for his tireless efforts over his many years with...

2010-02-17 07:33:00

HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced that during 2009, the Company added net proved liquid hydrocarbon and natural gas reserves of 674 million barrels of oil equivalent (mmboe), excluding dispositions of 41 mmboe, while producing 149 mmboe, and thereby increasing proved reserves by over 40 percent from 1,195 mmboe at year end 2008 to 1,679 mmboe at year end 2009. For the three-year period ended Dec. 31, 2009, Marathon added net proved...

2009-10-21 05:00:00

Mr. Dyck to head development of Ivanhoe Energy's Canadian operations, including the Tamarack HTL oil sands project CALGARY, Oct. 21 /PRNewswire-FirstCall/ - Robert Friedland, Executive Co-Chairman, President and CEO of Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN), today announced the appointment of North American petroleum industry executive David Dyck as President and CEO of Ivanhoe Energy Canada Inc., Ivanhoe Energy's subsidiary for operations in Canada. Mr. Dyck, who has taken up...

2009-02-03 08:03:00

HOUSTON, Feb. 3 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today reported a fourth quarter 2008 net loss of $41 million, or $0.06 per diluted share. Net income in the fourth quarter of 2007 was $668 million, or $0.94 per diluted share. The 2008 results include a non-cash $1.4 billion impairment of goodwill related to the Oil Sands Mining segment. For the fourth quarter of 2008, net income adjusted for special items was $1.025 billion, or $1.44 per diluted share,...

2008-10-30 09:00:34

HOUSTON, Oct. 30 /PRNewswire-FirstCall/ -- Marathon Oil Corporation today reported third quarter 2008 net income of $2.064 billion, or $2.90 per diluted share. Net income in the third quarter 2007 was $1.021 billion or $1.49 per diluted share. For the third quarter 2008, net income adjusted for special items was $1.963 billion, or $2.76 per diluted share, compared to net income adjusted for special items of $1.016 billion, or $1.48 per diluted share, for the third quarter 2007....

2007-07-31 09:08:14

HOUSTON, July 31 /PRNewswire-FirstCall/ -- Marathon Oil Corporation today announced it has reached agreement to purchase Western Oil Sands, Inc. (TSX: WTO) in a transaction valued at CDN$6.5 billion (USD$6.2 billion, based on July 27 noon exchange rate). Under the terms of the agreement, Western shareholders will receive CDN$3.8 billion (USD$3.6 billion) in cash and 34.3 million shares of Marathon common stock and securities exchangeable for Marathon common stock (valued at CDN$2.0 billion...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.