Energy finds in Saskatchewan, New Brunswick, North Dakota and Pennsylvania could give investors cheap, low-risk — albeit unconventional — entries into oil and gas now, and handsome profits later.
Western North Dakota and western Pennsylvania, by which I mean the middle of nowhere, are on track to become the center of the universe for energy companies […]

Years of rising energy demands have significantly depleted traditional and easily-acquired energy resources, even as large deposits of unconventional resources have remained undeveloped due to the high expense and complicated technology involved in extracting them. But with the price of crude oil and gasoline up and supply shrinking, nontraditional resources are being seriously considered as […]

Boss Energy raised a total of A$3.5m via its IPO, which closed oversubscribed, offering a total of 17,500,000 shares at 20c per share. The options will have a strike price of 20c and will be exercisable by 30 November 2010.
Upon listing the company will progress an aggressive exploration program to upgrade the resource at its […]

Dejour Enterprises Ltd. Robert L. Hodgkinson, Chairman&CEO announces the commencement of drilling on the first of 2 well locations on the North Barcus Creek Prospect by Dejour and its partners, on or about July 18, 2007. This deep basin centered natural gas prospect is located in the north-central part of the Piceance Basin of […]

The House late Wednesday passed an Interior Department budget for 2008 that could negatively impact oil and gas development.
The Interior appropriations bill - which passed by a 272-155 vote - would force re-negotiation of 1998-99 oil and gas leases that omitted royalty price thresholds, delay planned exploration and production in Bristol Bay, Alaska, and slow […]

Mantle Resources Inc. is pleased to announce that the 2007 diamond drill program has commenced on the Akie zinc-lead property located in northeastern British Columbia, approximately 260 kilometers north-northwest of the town of Mackenzie.
The initial two holes of this program are designed to further test the zinc-lead bearing Cardiac Creek Zone (CCZ). The first hole […]

Goldnev Resources Inc. is pleased to announce that it has reached agreement with a private Alberta company to invest though a farm-in agreement a total of $5 million to explore and develop two oil shale permits totaling 155,443 gross acres (6 3/4 townships) located in the Pasquia Hills oil shale region in Saskatchewan.
The Pasquia Hills […]

Petrohawk Energy Corporation today announced that it plans to sell the Company’s Gulf Coast division, and will concentrate its efforts on developing and expanding its significant base of Mid-Continent natural gas resource-style activities, including tight-gas development in North Louisiana and East Texas and in the Fayetteville and Woodford Shales. The Company believes its recently announced […]

Redstar Gold Corp.has upgraded the potential of its 100% owned projects, Richmond Summit and Dry Gulch, on the Carlin trend in Nevada based on results of recent exploration efforts. The Carlin trend is one of the most prominent gold mining regions in the world, with production from both high grade veins and low grade disseminated […]

Pilgrim Petroleum Corporation has entered into an agreement to acquire Mulloy Estate Lease located in Palo Duro natural gas resource basin in Wilbarger County, North Texas. Mulloy Estate Lease currently has a cumulative of 77,329 BBL and 378 MCF and includes 6 active wells with an existing oil production of approximately 35 bpd to […]