
| MegaWest Energy Corp. Suite 800, 926 5th Ave SW Calgary, Alberta, T2P 0N7 403-984-6342 |
MegaWest Energy Corp. is a Calgary based oil and gas company, (OTC BB: MGWSF) (Cusip: #585168 107), specializing in non-conventional oil and gas projects with an initial focus on North American heavy oil. MegaWest Energy has acquired and continues to acquire large blocks of acreage known to contain substantial deposits of heavy oil. MegaWest Energy will create shareholder value by producing heavy oil using various methods of thermal and enhanced recovery. The underpinning for MegaWest Energy’s strategy is the convergence of the necessity for North American security of energy supply, current world oil prices, and significant commercial developments in thermal recovery technologies. MegaWest Energy seeks to prove up significant reserves and achieve early production from its properties encompassing over 70,000 acres in four project areas – Texas, Kentucky, Missouri, and Kansas. Through delineation drilling and the completion of pilot production tests, MegaWest Energy plans to establish proven and producing reserves this year.
MDU Resources, Calumet partner on diesel refinery to process Bakken crude oilMDU Resources Group Inc. (NYSE: MDU) and Calumet Specialty Products Partners LP (NASDAQ: CLMT) have formed a joint venture to develop, build and operate a diesel refinery in southwestern North Dakota to process Bakken crude oil. |
Companies operating in the Bakken profiting from high crude oil prices
The Bakken Shale play in North Dakota, Montana, and neighboring Canadian provinces is primarily an oil play.
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Still in early stages of development, Niobrara may yield huge oil potential
The Niobrara formation is a commercial hydrocarbon reservoir located in Colorado and Wyoming (and small parts of Nebraska and Kansas).
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Weekly Update: Mitsui spends big to enter Eagle FordAs the second quarter of 2011 draws to a close, the Eagle Ford shale play took the headlines. |
Energy Players
Pride International Inc. has named Rodney W. Eads to the position of executive vice president and COO, where he will assume responsibility for the company’s worldwide offshore operations and eastern hemisphere land assets.
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Energy Players
Houston-based Anadarko Petroleum Corp. has made some changes in the way of its financial team.
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Energy Players |
Energy Players
Swift Energy promotes three senior executives...
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