Energy stocks ; News and Info on Oil and Gas Stocks
Resource Stocks trading; Gold and Energy Stocks
Trading February 22nd (at time of release)
- Aroway Energy Inc. (TSX.V: ARW) trading at $0.31
- Running Fox Resource Corp. (TSX.V: RUN) trading at $0.31 up 0.04, (12.73%) on over 700,000 shares in volume
- Suncor Energy Inc. (TSX: SU) trading at $46.83, up 1.77 (3.93%) on over 6 Million shares in Volume
- Connacher Oil and Gas Limited (TSX: CLL) trading at $1.42, on over 2Million shares in volume
- Dow 12,101.35 -111.44 -0.91%
- Nasdaq 2,711.65 -44.77 -1.62%
- S&P 500 1,303.56 -11.88 -0.90%
- 10 Yr Bond(%) 3.4420% -0.0190
- Oil 99.56 +4.12 +4.32%
- Gold 1,413.80 +13.30 +0.95%
Aroway Energy Inc. (TSX-V: ARW)
Oil and Gas Stocks; Aroway Energy Inc. (TSX-V: ARW; PINK: ARWJF) Executes Option on Additional 29 Sections
CALGARY, ALBERTA - AROWAY ENERGY INC. (TSX VENTURE:ARW - News; PINK SHEETS:ARWJF - News; www.arowayenergy.com) (the "Company") is pleased to announce that the Company and its joint venture partner ("Partner") have entered into a rolling farmout agreement ("Agreement") with a private oil and gas company (the "Farmor") with access to 29 sections, of 3D seismically defined land (the "Lands") located within the Company's and its Partner's core area of interest in the Peace River Arch area of Northern Alberta.
The terms of the agreement commit the Partnership to drill 1 well on the Farmor's Lands before February 28, 2011, and a second well on the Lands before August 1st, 2011. Each well drilled on the Lands earns the spacing unit. The Partnership will also have the option to continue the Agreement by committing to drill a well on the undrilled Lands every 90 days from the rig release of the previously drilled well, subject to weather and ground conditions. Together with its partner, the Company also purchased approximately 45 square kms of proprietary 3D data which covers a substantial portion of the Agreement Lands, for $330,000 net to Aroway. The Company's Partner has already identified several drillable prospects within the Agreement Lands.
Connacher Oil and Gas Limited (TSX: CLL)
Connacher Announces Closing of the Sale of its Battrum Properties in Southwestern Saskatchewan
CALGARY , Feb. 15 / - Connacher Oil and Gas Limited (CLL - TSX) announced today the closing of its previously-announced Battrum property sale for $57.5 million, prior to normal closing adjustments. The effective date of the sale was January 1, 2011. Proceeds from the sale of the Battrum properties were added to Connacher's cash balances and working capital, thereby reducing net debt.
Full News at: http://finance.yahoo.com/news/Connacher-Announces-Closing-cnw-2727810981.html?x=0&.v=1
Suncor Energy Inc. (TSX: SU)
About Suncor Energy Inc. (TSX: SU):
Suncor Energy Inc. is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
Recent Resource News;
Gold and Mining Stocks; Running Fox Resource Corp. (TSX.V: RUN) Approves High Grade Gold Project-SEE DRILL TABLE BELOW
Visit this company: www.foxgold.ca
VANCOUVER , BRITISH COLUMBIA - February 23, 2011 (Investorideas.com newswire) Steven Schurman, P. Geol (US), CEO, Director, reports:
Running Fox Resources (TSX VENTURE:RUN; PINK SHEETS:RFXRF; FRANKFURT:C8Q) is pleased to report that it has received formal Toronto Stock Exchange - Venture approval for its agreement to acquire the remaining 50% of the its high grade Brett Gold Project, Running Fox will then own 100%.
The Teck Cominco smelter receipts for the net recovered grades for the whole bulk sample proved ore averaged 28 grams per tonne gold plus 64 grams per tonne silver.
A review of drilling results at the Brett Gold Project includes 16 metres of 35 grams per ton gold.
Full Article: http://www.investorideas.com/news/2011/mining/02231.asp
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