Parex Resources (PXT.TO), the Colombia-focused oil explorer and producer, has now released its updated oil reserve estimates. With a 2P replacement ratio of 488% (which means the company has added […]
Tag: #Oil
Jericho Oil raises C$7M through warrant exercises and a placement
Jericho Oil (JCO.V) is perhaps one of the best-backed oil companies on the TSX Venture Exchange as not only was it able to count on the Breen family to ‘get […]
Liberty One Lithium re-focuses on Utah
Liberty One Lithium (LBY.V) announced on Friday it will start an exploration program on its 4,480 acres North Paradox lithium property in Utah. We haven’t focused on Utah in our […]
ARC Resources plans to produce 132,000 boe/day in 2018
ARC Resources (ARX.TO) has announced the board of directors has approved a C$690M capex spending program for 2018 which will allow it to increase its production rate to an average […]
Amerisur Resources produces almost 6,200 barrels of oil per day in October
Amerisur Resources (AMER.L) has provided another production update as the company announced a total oil production of almost 200,000 barrels in October, resulting in an average production rate of 6,172 […]
88 Energy: all we can do is wait
88 Energy (88E.L, ASX:88E) has had a busy summer, but unfortunately this didn’t result in the desired results. After an initial test-run, the Icewine #2 well was shut in on […]
Elysee Development reports a NAV of C$0.51 per share
Elysee Development (ELC.V) reported its financial results for the first nine months of its financial year (which ends in November). The company has earned a total of C$358,000 in those […]
Jericho Oil starts STACK’ing – a major step forward
Jericho Oil (JCO.V) has announced an agreement which allows it to acquire ‘just under’ a 1/3rd of a 9,400 acre land package in the Anadarko Basin STACK zone in Oklahoma. […]
