Tag: Gas

Canacol Energy continues to hit more gas in Colombia

Canacol Energy continues to hit more gas in Colombia

Canacol Energy (CNE.TO) has been on a winning streak lately as the success ratio of its exploration program in Colombia is very high. After having made numerous discoveries, the Pandereta 2-well completely surpassed our expectations. This well encountered a net gas payzone of 130 feet with an absolute open flow […]

Liberty One Lithium re-focuses on Utah

Liberty One Lithium re-focuses on Utah

Liberty One Lithium (LBY.V) announced on Friday it will start an exploration program on its 4,480 acres North Paradox lithium property in Utah. We haven’t focused on Utah in our previous updates as we always thought the property appeared to be secondary to its exploration efforts in Argentina, where it’s […]

ARC Resources plans to produce 132,000 boe/day in 2018

ARC Resources plans to produce 132,000 boe/day in 2018

ARC Resources (ARX.TO) has announced the board of directors has approved a C$690M capex spending program for 2018 which will  allow it to increase its production rate to an average of 130,000-134,000 barrels of oil-equivalent per day. Of this oil-equivalent production rate, approximately 40,000 barrels will be crude oil, condensate […]

Pancontinental Oil & Gas will close the Bombora acquisition any day now

Pancontinental Oil & Gas will close the Bombora acquisition any day now

Pancontinental Oil & Gas (ASX:PCL) is trying to close the acquisition of Bombora Natural Energy, which is earning into the conventional Tulainyo gas project in California. The project has been drilled a few years ago (before the energy prices nosedived to unprecedented levels), and Bombora encountered multiple gas bearing conventional […]