Delta Uranium Signs Option to Acquire 60% Interest in the Deer Lake Basin Uranium Project, Western Newfoundland

Delta Uranium Inc. announce that it has entered into an option agreement with Spruce Ridge Resources Ltd. pursuant to which Delta has been granted the option to acquire a undivided 60% ownership interest in the Deer Lake Basin Uranium Project. Upon completion of the option, Delta will enter into a joint venture agreement with Spruce Ridge for the remaining 40% interest. Deer Lake Basin Uranium Project The... 

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Epsilon Energy Ltd. Updates Its Shares Purchased to Date Under Its Normal Course Issuer Bid

Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (“TSX”) on September 29, 2008, Epsilon may purchase up to a total of 2,000,000... 

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Mooncor Commences Activity in Southwestern Ontario Shales and Updates Strategy for British Columbia, Alberta and Saskatchewan Shale Opportunities

Mooncor Oil & Gas Corp., update the Corporation’s shale gas activities in southwest Ontario, Saskatchewan, Alberta and British Columbia. Southwest Ontario Shales Mooncor has executed a farm-in agreement to participate in a non-operated well targeting a Silurian pinnacle reef formation located in Lambton County of southwestern Ontario The Silurian pinnacle reef anomaly has been identified... 

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

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... 

The Biggest Oil Discovery in U.S. History

The Bakken oil formation, which stretches across North Dakota, Montana and southeastern Saskatchewan, is suddenly drawing worldwide attention. On Thursday, April 10, the U.S. Geological Survey (USGS) published an official study on the massive Bakken reserve. Among the agency’s findings: * Up to 4.3 billion barrels of oil could be recovered from the Bakken shale formation — a 25-fold increase... 

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Billions of gallons of oil in North Dakota, Montana

A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment. Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska. The recently released assessment shows a 2,800 percent, or 28-times increase... 

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Star Uranium Corp.: Summer Exploration About to Start

Star Uranium Corp. Mr. Rick Walker reports that a $750,000 exploration program on the Company’s Alexander Lake and Pardoe Lake uranium properties will commence in May. The properties are in the vicinity of JNR Resources Inc.’s Way Lake project where JNR reported bedrock surface samples grading up to 48% U3O8. Initially, the program will consist of an airborne VTEM survey to identify conductive... 

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Corridor Updates Drilling and Development Activities at McCully

Corridor Resources Inc. reported that drilling operations have commenced at the P-76 well in the McCully natural gas field located near Sussex in southern New Brunswick. The well is the first to be drilled at McCully using the Nabors #86 (triple) drilling rig which was recently mobilized to the field from Alberta. The well is designed to evaluate and test the Hiram Brook formation at a location approximately... 

Texola Energy Enters into Negotiations with Private Oil & Gas Company

Texola Energy Corp. has entered into negotiations with a private Calgary-based Oil and Gas Company to acquire its ongoing operations and producing assets. The target company commenced operations in 2003 and has focused it drilling and exploration operations in two core areas comprising 9,489 (gross acres); one core area is located in Alberta, Canada, and the other in Saskatchewan. Details relating... 

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CanWest Petroleum Vice President Presents Key Note Address at SEDA Symposium in Prince Albert, Saskatchewan

CanWest Petroleum Corporation’s Vice President of Corporate & Strategic Development, Patricia A. Beatch, gave the key note luncheon address at the “Managing Through Change” symposium held by the Saskatchewan Economic Developers Association (SEDA) on Thursday, October 19, 2006, in Prince Albert, Saskatchewan. CanWest Petroleum and its subsidiary, Oilsands Quest Inc., were invited...