•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Centor to acquire oil shale resources in Canada

    Centor Inc.

    Centor Inc. (OTCBB:CNTO) has completed a sale and purchase agreement to acquire 55% working interest in an oil shale resource with over 1.1 billion barrels of recoverable oil in the Pasquia Hills region of Saskatchewan, Canada.

    The oil shale leases cover qualified 21,658 acres. The property's resources are estimated based upon analysis of previously completed geological surveys, core drilling programs, and laboratory testing. A contingent resources evaluation report was also prepared on the leases.

    President and CEO James Michael Sullivan said, “This resource will underpin our strategy to develop a large-scale oil shale to liquids commercial operation. It provides a core hub to kick off our oil shale operations, broadening the company's revenue base with an entry into an expansive energy sector.”



    Related Articles

    EV Energy Partners to sell certain Eagle Ford formation rights

    08/14/2014

    EV Energy Partners LP reports an agreement to sell certain Eagle Ford formation rights.

    CPG: $1.75B investment to serve Appalachian supply basins

    08/14/2014 Columbia Pipeline Group (CPG), a unit of NiSource Inc., reports a total of $1.75 billion in new investment in infrastructure that will enable it to transport up to 1.5 billion cubic feet per day of...

    US natural gas production rose 0.7% in July

    08/14/2014 Natural gas production in the US Lower 48 increased by 0.5 billion cubic feet per day (Bcf/d) during the month of July vs. June, according to Bentek Energy, an analytics and forecasting unit of Pla...

    Carrizo Oil & Gas CFO retires; new CFO named

    08/13/2014 Carrizo Oil & Gas Inc. reports that Paul F. Boling, vice president, CFO, secretary, and treasurer, has retired, effective Aug. 11. In connection with Boling's retirement, Carrizo has named Davi...

    Energy attorney Leggette joins BakerHostetler

    08/11/2014

    BakerHostetler reports that energy attorney L. Poe Leggette has joined the firm as a partner in its Denver, Colorado, office.

    More Oil & Gas Financial Articles

    EV Energy Partners to sell certain Eagle Ford formation rights

    Thu, Aug 14, 2014

    EV Energy Partners LP reports an agreement to sell certain Eagle Ford formation rights.

    CPG: $1.75B investment to serve Appalachian supply basins

    Thu, Aug 14, 2014

    Columbia Pipeline Group (CPG), a unit of NiSource Inc., reports a total of $1.75 billion in new investment in infrastructure that will enable it to transport up to 1.5 billion cubic feet per day of natural gas from Marcellus and Utica production areas to markets served by its Columbia Gas Transmission and Columbia Gulf Transmission pipeline systems. 

    US natural gas production rose 0.7% in July

    Thu, Aug 14, 2014

    Natural gas production in the US Lower 48 increased by 0.5 billion cubic feet per day (Bcf/d) during the month of July vs. June, according to Bentek Energy, an analytics and forecasting unit of Platts.

    Carrizo Oil & Gas CFO retires; new CFO named

    Wed, Aug 13, 2014

    Carrizo Oil & Gas Inc. reports that Paul F. Boling, vice president, CFO, secretary, and treasurer, has retired, effective Aug. 11. In connection with Boling's retirement, Carrizo has named David L. Pitts as its new CFO and treasurer, in addition to his current roles.

    Energy attorney Leggette joins BakerHostetler

    Mon, Aug 11, 2014

    BakerHostetler reports that energy attorney L. Poe Leggette has joined the firm as a partner in its Denver, Colorado, office.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ