by Elizabeth Lappin, P.Geo Elizabeth is the Geothermal Ambassador Coordinator at CanGEA, and the Founder of Castle Rock Consulting Ltd.  Alberta’s oil and gas wells produce thousands of barrels of water each day. This water is considered a waste by the oil patch, and operators pay to send it away by...
Can the Bakken produce one million barrels a day of oil? If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
Financial services firm Raymond James recently upgraded Petroquest Energy (PQ:NYSE) to OUTPERFORM from MARKET PERFORM based in part of the company's strong second quarter results.
Domestic production of oil in the United States increased at the fastest rate of any country between 2008 and 2010, and grew much more quickly than the country's closest competitor, Russia.
Australia-based research firm Macquarie Equities Research reaffirmed its OUTPERFORM rating for Strategic Oil and Gas (SOG:TSX) and maintained its target share price of C$2.50.
Canadian brokerage firm Canaccord Genuity recently released a report maintaining its BUY recommendation and C$6.25 target share price for oil and gas company Pinecrest Energy (PRY:TSXV).
Dear OGIB Reader,Today's story comes from Cory Mitchell, who explains how the charts of oil and the overall market are now hauntingly like the 2006-2008 period—but in the short term, that means now could be a good time to own stocks.- Keith Commodities and stocks have been moving closely together...
Financial services provider Dundee Securities recently announced that it is reiterating its BUY rating and C$9.25 target price Whitecap Resources (WCP:TSX) in part due to its strong position in the Pembina play.