Western Canada Select’s Discount to WTI up $3.50
Heavy Oil – Bloomberg reported that Western Canada Select's discount to West Texas Intermediate edged up $3.50 to $11 a barrel.
Articles Tagged "heavy oil value"
EV Energy and EnerVest: Utica Shale’s 2nd Well Produces 1,690 BOED
Heavy Oil – EV Energy Partners, L.P. (NASDAQ:EVEP) and EnerVest, Ltd. reported that second well in the Utica Shale produced 1,690 barrels of oil equivalent per day.
Santa Maria Petroleum Starts Test Production of Flami-1 Well
Heavy Oil – Santa Maria Petroleum Inc. (TSXV:SMQ) has started test production of the Flami-1 well at the Llanos 27 block.
U.S. Plans to Raise Oil Import From Saudi by 20% in 2012
Heavy Oil – New York Times reported that according to the Energy Department, U.S. has planned to raise oil import from Saudi by 20 percent in 2012 and has already imported 1.45 million barrels of oil from Saudi Arabia in the first five months of 2012.
Sunshine Oilsands Plans JV with China Petrochemical
Heavy Oil – Bloomberg reported that Sunshine Oilsands Ltd. (HKG:2012) plans joint venture to explore its oil sands reserves with China Petrochemical Corp.(NYSE:SNP)
Primary Petroleum Updates on its Operations at Pondera-Teton Prospect
Heavy Oil – Primary Petroleum Corporation (TSXV:PIE) updated on its operations at the Pondera-Teton Prospect in NW Montana.
Tamarack Valley’s Production in 2012 Q2 Rises by 152 percent
Heavy Oil – Tamarack Valley Energy Ltd. (TSXV:TVE) reported that its production in the second quarter of 2012 rose by 152 percent to 2,193 boe/d.
Connacher Oil and Gas Ltd’s Share Plunges 9.3 Percent
Heavy Oil – Bloomberg reported that Connacher Oil and Gas Ltd's (OTC Pink:CLLZF) shares plunged 9.3 percent after it has decided to sell a Montana refinery.
Essar Oil Processes Heavy and Ultra Heavy Crudes to Raise Margins
Heavy Oil – Reuters reported that Essar Oil (NSE:ESSAROIL) has surged the processing of heavy and ultra heavy crudes at the Vadinar refinery to raise margins by $7-$8/bbl over benchmark Singapore margins.
Trilogy Energy Declares a Cash Dividend $0.035 Per Share for August
Heavy Oil – Trilogy Energy Corp. (TSX:TET) has declared a cash dividend $0.035 per share for August 2012.
