Clayton Williams Energy, Inc. (CWEI:NASDAQ) recently announced that it planned to increase its number of rigs in the Wolfbone formations.

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...

Wunderlich Securities recently raised the price target for Approach Resources Inc. (AREX:NASDAQ) by $3 to $41, to reflect updates the company made to its mid-year reserves estimate of 66.8 million barrels of oil equivalent (mmboe).

by Elizabeth Lappin, P.Geo Elizabeth is the Geothermal Ambassador Coordinator at CanGEA, and the Founder of Castle Rock Consulting Ltd.  In Part 1 of this series on geothermal energy, I outlined the potential of it for both the oil and gas industry and consumers.  It’s a feel-good story, that can get a lot...

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).

Flying into Erbil is deceiving. This capital city of semi-autonomous Kurdistan province in Iraq has a modern but very small airport-not what you would expect, by western standards, for a capital city of nearly 1 million people. And the flat rocky desert surrounding the airport makes you think you...

IHS Inc. (IHS) recently agreed to buy a geophysical software producer for half a billion dollars.

The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade—fast-rising shale oil supplies from North Dakota and Texas. (Other shale oil plays will contribute as well, but none will come close to the revolution happening in...