Calgary-based Gran Tierra Energy (GTE:TSX) and its co-venturer Petrogas (BOE:TSXV) announced their discovery of a significant supply of oil in the Neuquen Basin of Argentina on September 12.
The Securities and Exchange Commission (SEC) is asking that companies utilizing hydraulic fracturing, or "fracking," provide additional information on their methods.
You know what makes the Bakken oil play so special? It is oily AND over-pressured. All that means is that at a certain depth, there is more pressure than normally should be there—because there’s fluid there.
If that fluid is oil—it’s trapped—then it’s bursting to get out. It sure makes...
Research firm Macquarie Equities Research lowered its target share price for Emerge Oil and Gas Inc. (EME:TSX) to C$2.25 from C$2.75 and reaffirmed its NEUTRAL rating for the company.
Psychological fears of an oil glut are have caused oil prices to drop from $55-$48. But there is some fundamental economic factors that suggest this price drop will be short lived.
So far in 2017, U.S. crude oil inventories have increased 49.38 million barrels to 528.39 million barrels as the...
So much thought and energy is put into getting oil and gas out of the ground, that it can be easy for a lay person to forget about the infrastructure needed to transport these resources to places where they can be sold.
Ohio state geologists estimate the size of the Utica shale in just their state could be one third of Alaska’s Prudhoe Bay, one of the largest domestic oil supplies in the last 40 years.