Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) (“EcoStim” or the “Company”) announced today that the Company has executed a one-year contract, with an option for a second year, with a well-capitalized and established US exploration and production company (“the Customer”) to expand its pressure pumping operations into one of the fastest
Natural gas supply and demand fundamentals have changed in a major way. In March there was way too much gas. By November there may not be enough…at least at these low prices.
FRISCO, TX–(Marketwired – April 11, 2016) – West Texas Resources, Inc. (OTCQX: WTXR), a Texas-based independent oil and gas company, today announced that it has entered into a Letter of Intent (“LOI”) with MORANSCO Energy Corporation of Shreveport, Louisiana to acquire The Dixie/Dzurich Production. The LOI involves West Texas Resources acquiring
Cory Fleck, host of the Korelin Economics Report, believes that we’re seeing a bottom in oil, but he doesn’t think that we’re necessarily going to see a “screaming higher oil price.”
USA Today reported that the planned layoffs for oil industry workers in the US are approaching 100,000 in the last four months with more layoffs likely to come.
Junior explorer and developer MGX Minerals gained on Monday following the announcement that it will form a strategic alliance focused on developing industrial minerals properties. It has also entered a joint venture agreement for a BC silica property.
Mining Weekly reported that the Australian Petroleum Production & Exploration Association (APPEA) is pleased with the recommendation that the Australian government should help gas producers by removing “inappropriate barriers” to the fuel’s production and reducing “regulatory burdens” on producers.
Under the cloud of a “colder war” with Russia, Europe is embarking on an energy renaissance. In this interview with The Mining Report, Casey Research energy expert Marin Katusa shares four junior names he thinks could profit from a move into modern energy production techniques, and one truly contrarian name
Today, Deloitte’s Resource Evaluation & Advisory group released its current Canadian domestic oil and gas price forecast. The firm suggested that strengthening prices during the second quarter would be likely to continue, and would result in a stronger second half of the year for Canadian oil and gas producers.
The European Union may have given North American oil and natural gas producers the cold shoulder in the past, but now European countries could be considering cross Atlantic suppliers as one possible alternative to Russian gas supplies.
Bruce Edgelow is optimistic. The energy group vice president for ATB Financial says technology advances have opened new exploitation opportunities for the Canadian oil and gas market and have improved the industry’s ability to monitor and respond to leaks, spills and other system issues. Selective access to capital and consolidation
Calling the energy space underowned and a great value, Frank Holmes and Brian Hicks of U.S. Global Investors view shale oil plays as integral to an energy renaissance. Still, to hedge their bets, the two experts recommend diversification across the entire natural resources sector, including agriculture and food. In this
Weaker US retail sales and consumer sentiment raised doubts about the strength of the country’s economic recovery this week, while General Electric made a big move to expand its oil and gas unit.
The Commodity Investor discusses the natural gas market and explains why now is a good time to invest in Canada’s DeeThree Exploration.
The PureFunds ISE Mining Service ETF was launched at the end of November 2012, but it already looks to be a strong investment.
US copper giant Freeport-McMoRan has taken a page out of BHP Billiton’s playbook by announcing today plans to buy two oil and gas producers for $9 billion.