Offshore Finds Are Transforming Africa Into a Major Oil Producing Region

MarketResearch.com has announced the addition of GBI Research’s new report “Oil Market in Africa to 2015 – Offshore Finds Transforming Africa into a Major Oil Producing Region,” to their collection of Oilfield Equipment & Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6164897 Since the discovery of the giant Jubilee field in 2007, Ghana has emerged as a... Read more..

Infinity Secures Additional Financing and Enters Into Forbearance Agreement With Amegy Bank, N.A.

Infinity Energy Resources, Inc. an independent oil and gas exploration and development company, today announced that it has secured $1,050,000 in additional financing and entered into a Forbearance Agreement (the “Agreement”) dated February 16, 2011 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement, dated January 9, 2007, as amended and supplemented (the “Loan Agreement”). The Company also announced that... Read more..

Petrolia and its Partner Sign Final Agreement

Petrolia and Quebenergie are pleased to announce their partnership to bring the Haldimand oilfield into production. To consolidate its role within the province, SCDM Energie, through its subsidiary SCDM Investcan, created a Quebec-based subsidiary by the name of Quebenergie, with offices to be located in Quebec. This presence demonstrates the company’s long-term commitment to Quebec and will contribute to improving synergies with Petrolia. In... Read more..