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Oil and Gas News

Oil Co. Starts Drilling Horizontal Leg of Well in Egypt
September 29, 2023 ( Newswire) TAG Oil Ltd. has started drilling the horizontal portion of its first horizontal well in the Badr Oil Field in the Western Desert of Egypt.

Helium Co. To Have Twin Well Drilled at Property in Minn.
September 28, 2023 ( Newswire) This new well, to be started in early December, will be placed 20 meters from the original that flowed 10.5% helium

Now Is an Opportune Time To Invest in Diverse Energy Co.
September 28, 2023 ( Newswire) Despite ongoing positive news, this firm's stock price is down 23% from its July high, noted an Atrium Research report.

Energy Stock News: Hemisphere Energy (TSXV: HME) Provides Operations Update and Declares a Special Dividend
Vancouver, British Columbia - September 28, 2023 (Newsfile Corp.) ( Newswire) Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) is pleased to provide an operations update and declare a special dividend to shareholders.

Is the Current Oil Uptrend a Head Fake?
September 21, 2023 ( Newswire) Technical Analyst Clive Maund shares his view on the current state of the oil market.

Energy Stock News: Saturn Oil and Gas Inc. (TSX: SOIL) Provides Operations Update Highlighted by Spearfish Drilling Outperformance and Updated 2023 Guidance
Calgary, Alberta - September 20, 2023 (Newsfile Corp.) ( Newswire) Saturn Oil and Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) today announces an operations update highlighted by well performance that has exceeded expectations from the Company's recent Spearfish drilling at the Oxbow area

Successful Horizontal Well Would Be a Game Changer for Co.
September 6, 2023 ( Newswire) By drilling this and future wells, the oil and gas firm is "looking to unlock the potential of the Abu Roash F formation,"

New petrol pain and global inflation fears as OPEC keeps oil curbs
September 6, 2023 ( Newswire) Petrol prices and global inflation are likely to tick higher again as the OPEC+ group of oil producing countries will hold production at nine million barrels a day for the rest of the year.

Oil Company Makes CA$10.3 Million in Revenue
September 5, 2023 ( Newswire) Arrow Exploration has released the results of its Q2 2023 performance.

Oil Company Could Become Major Producer In Egypt
September 1, 2023 ( Newswire) TAG Oil has begun an ambitious drilling campaign in the Egyptian desert.

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Oil and Gas News from Newsfile

Blacksteel Energy Inc. Provides Bi-Weekly Update on Status of Management Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - September 29, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is providing this bi-weekly update on the status of the management cease trade order granted September 1, 2023 (the "MCTO") by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), following the Corporation's announcement on August 25, 2023 (the "Default Announcement") that it was unable to file its...

First Phosphate Receives Letter of Interest in the Amount of up to US$170 Million from the Export-Import Bank of the United States (EXIM)
Saguenay, Quebec--(Newsfile Corp. - September 29, 2023) - First Phosphate Corp. (CSE: PHOS) (OTC Pink: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that, on September 26, 2023, it has received a letter of interest ("LOI") from the Export-Import Bank of the United States ("EXIM"), where EXIM express that it would be able to provide financing in the amount of up to USD $170,000,000.00 to the Corporation.The LOI is in support of the procurement of U.S. goods and...

WesCan Energy Announces Results of AGM
Calgary, Alberta--(Newsfile Corp. - September 29, 2023) - WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is announcing that at the annual general and special meeting of shareholders of the Company held on September 28, 2023 (the "Meeting"), a new slate of directors was appointed, consisting of Leo Berezan, Greg Busby, Sohaib Abbas, Shubham Garg and Phil Burry. Biographies and other pertinent information about the new directors can be found in the management information circular that...

PetroTal Announces PSU Share Issuance and Total Voting Rights
Calgary, Alberta and Houston, Texas--(Newsfile Corp. - September 29, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces issuance of Common Shares to employees pursuant to annually vested performance share unit plan ("PSU"). PSU IssuePetroTal has issued an aggregate of 752,833 Common Shares to employees pursuant to the annual obligation to issue vested performance share units under the Company's performance and restricted share unit plan, as...

Synex Renewable Energy Corporation Fourth Quarter of Fiscal 2023
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Synex Renewable Energy Corporation (TSX: SXI) (the "Company" or "Synex") announced its financial and operational results for the three months ended June 30, 2023 ("Q4 2023").Revenue for the three months ended June 30, 2023 ("Q4 2023") decreased to $713,648 from $992,282 ("Q4 2022"). Electricity sales in Q4 2023 were $731,697 compared with $998,970 in Q4 2022, a decrease of $267,273 as a result of lower power generation from the...

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