(CRWE, XOM, COP, BP, TRP) StockBlizzard.com Stock Market Updates
(PNX, BDE, WFT) PennyOmega.com Watch List for Tuesday Feb. 07, 2012
WFT, Weatherford International Ltd.
** ExxonMobil Upstream Research Company reported that it has awarded WFT the first global license for the company's MazeFlo sand control screens for oil wells.
MazeFlo is a patented technology developed by ExxonMobil to improve the reliability of wells completed in sand-prone reservoirs.
Natural Gas Discovery in South China Seas Raising Tensions Between China and Vietnam
First, the good news…
U.S. oil company ExxonMobil is reporting a “potentially significant” gas discovery off the coast of Vietnam, stating in a press release, "We can confirm ExxonMobil Exploration and Production Vietnam Limited drilled its second exploration well offshore Danang in August 2011 and encountered hydrocarbons."
(XOM, PPWE, EXFO, MJS.V, CPWR, PBNY) Stock Report From PennyOmega.com
Well that didn't take long. Even in the face of better job estimates crude oil bulls have already begun to show their "nervousness" as they trade oil down as low as 88.10 in the overnight session. The lowest crude oil has traded since December 20th. And what do they blame it on? Blame it on the gasoline.
GRHU, HIRU, DHX, XOM, ISNS, - GreenHouse Holdings, Hiru Corporation, Dice Holdings, Dice Holdings, Exxon Mobil and Image Sensing
GreenHouse Holdings, Inc. (OTCQB:GRHU) previously announced the signing of multiple contract awards for its Life Protection (LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line.
He told me that the BP Gulf disaster was turning the fundamental assumptions of the oil industry upside down, and that sharply higher oil prices were in the cards, probably $100/barrel by year end.
Chinese Purchase of Oil Sands Stake Could Revalue Resource
Alaska pipeline project may cost as much as $40 billion
Chevron to Seek Shale Gas in Poland as Europe focuses on unconventional reserves
Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt for unconventional gas reserves in Europe in the hopes of duplicating the production boom in the U.S.