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Oil and Gas News

Oil Co. Starts Drilling Horizontal Leg of Well in Egypt
September 29, 2023 ( Newswire) TAG Oil Ltd. has started drilling the horizontal portion of its first horizontal well in the Badr Oil Field in the Western Desert of Egypt.

Helium Co. To Have Twin Well Drilled at Property in Minn.
September 28, 2023 ( Newswire) This new well, to be started in early December, will be placed 20 meters from the original that flowed 10.5% helium

Now Is an Opportune Time To Invest in Diverse Energy Co.
September 28, 2023 ( Newswire) Despite ongoing positive news, this firm's stock price is down 23% from its July high, noted an Atrium Research report.

Energy Stock News: Hemisphere Energy (TSXV: HME) Provides Operations Update and Declares a Special Dividend
Vancouver, British Columbia - September 28, 2023 (Newsfile Corp.) ( Newswire) Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) is pleased to provide an operations update and declare a special dividend to shareholders.

Is the Current Oil Uptrend a Head Fake?
September 21, 2023 ( Newswire) Technical Analyst Clive Maund shares his view on the current state of the oil market.

Energy Stock News: Saturn Oil and Gas Inc. (TSX: SOIL) Provides Operations Update Highlighted by Spearfish Drilling Outperformance and Updated 2023 Guidance
Calgary, Alberta - September 20, 2023 (Newsfile Corp.) ( Newswire) Saturn Oil and Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) today announces an operations update highlighted by well performance that has exceeded expectations from the Company's recent Spearfish drilling at the Oxbow area

Successful Horizontal Well Would Be a Game Changer for Co.
September 6, 2023 ( Newswire) By drilling this and future wells, the oil and gas firm is "looking to unlock the potential of the Abu Roash F formation,"

New petrol pain and global inflation fears as OPEC keeps oil curbs
September 6, 2023 ( Newswire) Petrol prices and global inflation are likely to tick higher again as the OPEC+ group of oil producing countries will hold production at nine million barrels a day for the rest of the year.

Oil Company Makes CA$10.3 Million in Revenue
September 5, 2023 ( Newswire) Arrow Exploration has released the results of its Q2 2023 performance.

Oil Company Could Become Major Producer In Egypt
September 1, 2023 ( Newswire) TAG Oil has begun an ambitious drilling campaign in the Egyptian desert.

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Oil and Gas News from Newsfile

SATO Technologies Corp. Announces September 2023 Bitcoin Mining Operational Update
Toronto, Ontario--(Newsfile Corp. - October 2, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), one of the most performant innovation driven digital asset mining pioneers, announces September 2023 Bitcoin Production and Efficiency, all powered by renewable energy.September Mining Update (unaudited)In September, the mining network hashrate increased by 5.44% month over month. Key MetricsSeptember 2023August 2023July 2023Total Hashrate capacity installed0.54...

Gear Energy Ltd. Confirms Monthly Dividend for October of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - October 2, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the October 2023 monthly dividend of $0.005 per common share is to be paid on October 31, 2023, to shareholders of record on October 16, 2023.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Ingram Gillmore President & CEO 403-538-8463 David HwangVice President Finance &...

Greenfire Resources Ltd. Announces Appointment of New Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - October 2, 2023) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company") a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce that Tony Kraljic has been appointed Chief Financial Officer of the Company. Mr. Kraljic has 27 years of experience working in corporate finance, strategy and accounting in the oil and gas...

Ucore Rare Metals Inc. Presents in Red Cloud's Virtual Webinar Series
Toronto, Ontario--(Newsfile Corp. - October 2, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) is pleased to announce that the company is presenting a live virtual corporate update hosted by Red Cloud Financial Services on October 5th, 2023 at 2 pm ET. We invite our shareholders, and all interested parties to register for the webinar and participate in the live Q&A session at the end of the presentation moderated by Red Cloud. The replay will be emailed out to all webinar registrants proceeding...

Blacksteel Energy Inc. Provides Bi-Weekly Update on Status of Management Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - September 29, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is providing this bi-weekly update on the status of the management cease trade order granted September 1, 2023 (the "MCTO") by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), following the Corporation's announcement on August 25, 2023 (the "Default Announcement") that it was unable to file its...

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