Saxon Oil Announces Completion of Acquisition of Picogina Holdings B.V.

December 15, 2008 Filed Under: Oil and Gas  

Saxon Oil Company Ltd report that it has closed the acquisition of Picogina Holdings BV from Energy Ltd. pursuant to the Acquisition Agreement among Energy, Saxon and Saxon Oil Company dated October 21, 2008. The assets of Picogina consist of 100% of the participations of Hidrocarburos del Cantabrico S.L. , a private company incorporated under the laws of Spain, which holds a 100% interest in five... 

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Kodiak Energy, Inc. – Lucy License Extension Approved and Work Programs Initiated

August 18, 2008 Filed Under: Oil and Gas  

Kodiak Energy, Inc., operating in British Columbia (“B.C.”) as Kodiak Bear Energy, Inc., submitted an application to the B.C. Oil and Gas Commission (“OGC”) for an extension to test the Muskwa shale gas potential on its leases. On August 12, 2008, Kodiak and partners received the formal extension approval from the OGC. Kodiak and partners are immediately moving forward with... 

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Goldnev Announces Initial Results From Its Oil Shale Drilling Program for Pasquia Hills

August 15, 2008 Filed Under: Oil and Gas  

Mr. Marc Dame, President and CEO of Goldnev Resources Inc., announces that it has completed drilling a total of four of its planned ten core hole exploration and development drilling program on its oil shale permits in Pasquia Hills, Saskatchewan. The remaining six core holes subject to weather conditions are expected to be completed in the next 10 days. As previously announced, on July 30, 2008, Goldnev...