Oilsands Quest Inc. announces that it has filed its Form 10-K/A, amended annual report for the fiscal year ended April 30, 2008. In conjunction with the filing of the Form 10-K/A, the Company will be separately refiling, with Canadian securities commissions, its statement of oil and gas information for the year ended April 30, 2008 and the related report of its external qualified resource evaluators and report of the company management and directors... Read more..
Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent resources of 441 million barrels of bitumen. This represents an increase of 81% over the best... Read more..
EM Resources Inc. announces that it has agreed with Condor Petroleum Inc. to extend the amalgamation deadline prescribed in the pre-amalgamation agreement dated July 25, 2008 from December 31, 2008 to June 30, 2009. On July 25, 2008, EM announced that it entered into a pre-amalgamation agreement with Condor, an arm’s length private Alberta corporation, pursuant to which EM and Condor have agreed to amalgamate conditional upon, among other things,... Read more..
Tuscany Energy LTD report the successful drilling and completion of a horizontal oil well, in the Dina formation, in the Evesham area of southwestern Saskatchewan. The Tuscany et al. Evesham HZ 2B9-21-4B2-21-39-27 W3 well was drilled to a measured depth of 1467 m (759 m TVD) with a horizontal Dina section of 496 m. The well is currently producing 170 barrels of oil per day. Tuscany is the operator with a 60% working interest. The new Dina well is... Read more..
The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American consensus in favour of cleaner and greener renewable fuels was confirmed,” says Quaiattini.... Read more..
JED Oil Inc. filed this news release as its fourth Default Status Report under Canadian National Policy 12-203, pursuant to which the Company announced that its financial statements for the third quarter ended September 30, 2008 would not be filed by November 14, 2008. The Company’s deadline for filings its third quarter financial statements is the new CCAA Stay Period, which has been extended to February 17, 2009 as previously announced. JED reports... Read more..
Genoil Inc. is providing an update on ongoing marketing and financing efforts on Genoil’s heavy oil and refinery residue upgrading project with Haiyitong Inc. (“HYT”) in China. Genoil continues to work towards the development and financing of its heavy oil and refinery residue upgrading project with HYT. Genoil had previously press released that based on its internal analysis this project should provide a significant operating profit... Read more..
As the cold winds of winter start to sweep in, U.S. Energy Savings Corp. announced that it is donating $15,000 to The Salvation Army Share the Warmth program. The program provides assistance to thousands of eligible gas consumers. The program originally started in 1983 and is one of the largest of its kind in the nation. “This generous donation from U.S. Energy Savings Corp. goes a long way toward helping us fulfill our mission to help some... Read more..
Thermal Energy International Inc. announce the following senior management appointments: Peter Bennett, Sales and Marketing Director, GEM Ltd. Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities. This includes expanding market presence and growth of the GEM(R) steam trap product line throughout... Read more..
New Green Technologies, Inc., announces that it has entered a bid to turn wood waste into energy via its CAVD technology in Alberta, Canada. NGRN and Green Energy Solutions, Inc. (GES), have entered into a joint venture to establish a large scale project on First Nation land in Edmonton, Alberta, Canada. This site was selected as it contains a primary stockpile of over 250,000 tons of construction debris primarily containing wood waste which will... Read more..