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Oil and Gas News

Breakdown - First Crack in the Crude Oil Dam
July 10, 2020 (Investorideas.com Newswire) In Oil Trading Alerts yesterday and on Wednesday, we described the reason due to which crude oil's long and boring consolidation is likely coming to an end.

Analyst: Nevada Produces Another 'Hidden Gem'
July 9, 2020 (Investorideas.com Newswire) Ron Struthers of the Struthers Resource Stock Report spotlights Golden Lake Exploration and its flagship, Jewel Ridge.

Saudi Arabia Eyes Total Dominance In Oil And Gas
July 2, 2020 (Investorideas.com Newswire) Saudi Arabia's Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world's biggest hydrocarbon producer "even" in 2050.

Saudi Aramco CEO Amin H. Nasser Says the "Worst is Behind Us" in Oil Markets; Why He is "Optimistic" About the Second Half of 2020; His Thoughts on Becoming a Publicly Traded Company and Saudi Aramco's Long-Term Role in the Energy Transition
WASHINGTON, D.C. - June 30, 2020 (Investorideas.com Newswire) Saudi Aramco President and CEO Amin H. Nasser says that "the worst is behind us" in oil markets in the latest edition of CERAWeek Conversations.

With $5 Million in New Financing, This Small Cap Oil Company Sees Opportunity in the Midst of a Pandemic-Induced Major Oil Downturn
June 24, 2020 (Investorideas.com Newswire) Jericho Oil Corp.'s just-closed $5 million insider financing allows it to capitalize on the distress in the market right now.

US Gasoline Demand More than "Halfway" Back from Pandemic-Induced Lows
GAITHERSBURG, Md. - June 24, 2020 (Investorideas.com Newswire) Gasoline consumption in the United States has just hit a big milestone; it is now more than halfway back to pre-COVID-19 levels as motorists get back on the road amid at least a partial recovery of the U.S. economy

Crude Oil Meets Key Resistance
June 23, 2020 (Investorideas.com Newswire) Crude oil moved above the previous highs and at the moment of writing these words, it's testing the upper border of the March price gap.

Making Sense of the Narrow Trading Range in Oil
June 19, 2020 (Investorideas.com Newswire) We previously wrote that while it was tempting to bet on crude oil's prices due to their weakness, it was not a good idea from the risk to reward point of view

'Timing is Right' to Invest in Natural Gas Firm Weeks from Production Start
June 9, 2020 (Investorideas.com Newswire) The rationale for this view concerning Alvopetro Energy is explained in a Mackie Research Capital Corp. report.

Westwater Shares Charge Higher after Demonstrating Simulated Full-Scale Battery Graphite Processing
June 3, 2020 (Investorideas.com Newswire) Shares of Westwater Resources traded higher on greater than 100-times average daily volume after the company reported that positive independent test results on ULTRA-PMG demonstrated successful simulated full-scale processing of battery graphite.

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Oil and Gas News from Newsfile

Hemisphere Energy Provides Operations Update and Outlines Plans for 2020
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") is pleased to provide an update on its Southern Alberta oil assets following a successful 2019. Through 2019, Hemisphere drilled 11 horizontal oil wells in its Upper Mannville G pool, which greatly expanded development in the Company's most prolific oil pool. The summer drilling program was completed on budget and on time with all wells...

Tethys Petroleum: Board Change
Grand Cayman, Cayman Islands--(Newsfile Corp. - February 5, 2020) - Tethys Petroleum Limited (TSXV: TPL.H) ("Tethys" or the "Company") today announces that Medgat Kumar has tendered his resignation from the Board of Directors of the Company (the "Board") which will take place with immediate effect. Mr. Kumar has informed the Company that he is optimistic for the long-term future of Tethys and that his resignation is tied to the recent sale of family owned shares...

Advantagewon Oil Corp., Sells Texas Assets Now Exclusively Focused on Canada
Toronto, Ontario--(Newsfile Corp. - February 4, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that the Corporation has sold all of its remaining US assets to Emerald Bay Energy Inc., (TSXV: EBY), ("EBY").In consideration for its holdings, the Corporation will receive from EBY a cash payment of Fifty Thousand Dollars ("$50,000.00") USD and the Corporation also received Thirty-Nine Million and Twenty-Seven Thousand ("39,027,000") Common Shares of EBY,...

New Zealand Energy Corp updates status of operation of Ahuroa Gas Storage
Wellington, New Zealand--(Newsfile Corp. - February 3, 2020) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that it had received 12 months notice of termination of the current Ahuroa Gas Storage Facility (AGSF) Operations Agreement. NZEC holds a 50% working interest (with New Dawn Energy Limited) in, and is operator of, the Waihapa Production Station and associated gathering and sales infrastructure (collectively the TWN Assets) which provide a range of...

Green Stream Holdings, Inc. Launches Ferry Street Solar Project in Newark, NJ; Board Approves Appointment of Mike Sheikh as CFO
Pacific Palisades, California--(Newsfile Corp. - February 3, 2020) - Green Stream Holdings Inc. (OTC PINK: GSFI) a Holding company with a focus in currently unmet markets in the solar energy space through innovative proprietary solar product offerings financed for customers via its public and private partnerships, announces today that it has signed an agreement to begin work on the Ferry Street community project in Newark, NJ in line with its agreement to install and...

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