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Oil and Gas News

Five Largest US Oil and Gas Companies Lost $307bn in Market Cap YoY, a 45% Plunge Amid COVID-19 Crisis
October 21, 2020 ( Newswire) Even before the coronavirus pandemic, the oil and gas industry was faced with slumping prices.

VivoPower Shares Continue Meteoric Rise After Firm Inks Deal to Acquire 51% of Tembo e-LV
October 12, 2020 ( Newswire) Shares of VivoPower International traded 60% higher setting a new 52-week high after the firm reported it executed a definitive agreement to acquire 51% of light electric vehicle company Tembo e-LV.

As Helium Prices Skyrocket, Saskatchewan Pure Play Is Rising to the Challenge
September 25, 2020 ( Newswire) Small cap Royal Helium holds the second largest helium land position in North America.

China Ramps Up U.S. Crude Oil Imports As Elections Near
September 25, 2020 ( Newswire) China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of supercheap U.S. crude.

Westport Shares Rise Sharply After JV Receives Approval in China for HPDI 2.0 Powered Natural Gas Engine
September 21, 2020 ( Newswire) Shares of Westport Fuel Systems traded 33% higher after the company reported its Weichai Westport joint venture has obtained Chinese certification for WP12 natural gas engine powered by HPDI 2.0.

Crude Oil - A Slight Move Higher Has Not Reversed The Bearish Trend
September 16, 2020 ( Newswire) At last, crude oil moved a bit higher, so you might be asking yourself if the trend has reversed or is this just a pause before the moves continue.

Crude Oil - The Bearish Outlook Remains
September 9, 2020 ( Newswire) Crude oil declined quite substantially this week, and it doesn't look that the decline will be over just yet.

Liberty Oilfield Shares Climb 35% on Combination with Schlumberger's Pressure Pumping Business
September 3, 2020 ( Newswire) Liberty Oilfield Services shares traded higher after the firm reported that Schlumberger will contribute its North American pressure pumping business to Liberty in exchange for 37% equity ownership in the company.

Here's How to Evaluate Investments in the Oil Sector
August 25, 2020 ( Newswire) Independent financial analyst Matt Badiali discusses investment opportunities in the energy sector.

New Fortress Energy Shares Power 18% Higher on Q2 Earnings
August 5, 2020 ( Newswire) Shares of New Fortress Energy established a new 52-week high after the company reported Q2/20 financial results that included a 27% increase in revenue compared to Q1/20.

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Oil and Gas News from Newsfile

DXI Capital Completes Debt Settlements
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2020) - DXI Capital Corp. (TSXV: DXI.H) ("DXI" or the "Company"), further to the Company's news release dated September 29, 2020, the Company announces that it has issued 8,980,638 shares at a deemed price of $0.475 per share to settle a total of $4,265,803.05 in debt owed to various creditors. The shares are subject to a statutory hold period expiring on February 23, 2021.A remaining amount...

Hunter Submits Change of Business Filing Statement
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Hunter Oil Corp. (TSXV: HOC) (OTCQB: HOILF) (FSE: RWPN) ("Hunter" or the "Company") is pleased to announce that, in connection with the Company's previously announced change of business pursuant to which the Company will become a Tier 2 Technology Issuer (the "Change of Business"), the Company's filing statement (the "Filing Statement") is now filed and available under the Company's profile on SEDAR at The...

Gaensel Energy Announces DTCC Approval DWAC/FAST Program for Shareholders
Salt Lake City, Utah--(Newsfile Corp. - October 22, 2020) - Gaensel Energy, Inc., (OTC Pink: GEGR), is pleased to announce that as of October 1st, 2020, the Depository Trust Corporation (the "DTC") approved the GEGR common stock for DWAC/FAST transfer through the Company's Transfer Agent, American Stock Transfer. This newly approved stock transfer capability will enable GEGR shareholders to transfer their shares of GEGR stock electronically after buying or selling, streamlining the process...

ION Energy to Commence Exploration on the Baavhai Uul Lithium Brine Project
Toronto, Ontario--(Newsfile Corp. - October 21, 2020) - ION Energy Ltd (TSXV: ION) (FSE: 5YB) ("ION" or the "Company") is pleased to announce it is commencing its geophysics (CSAMT and reflection seismic) study on the Baavhai Uul Lithium Brine project in Sukhbaatar Province, Mongolia. The geophysics program is specifically designed to progressively identify and map brine aquifers as potential targets for a series of drill tests. See Figure 1 for the proposed work plan area...

Hunter Receives Conditional Approval of Change of Business from TSX Venture Exchange; Setting of Record Date for Forward Split and Repricing Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2020) - Hunter Oil Corp. (TSXV: HOC) (OTCQX: HOILF) ("Hunter" or the "Company") is pleased to announce that it has received conditional approval from the TSX Venture Exchange ("TSXV") for the Company's previously announced change of business to a Tier 2 Technology Issuer (the "Change of Business"). The Company has also received conditional approval for its previously announced forward-split of the Company's common shares (the "Split") and...

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