Court documents shed light on the manoeuvrings of Shell and ENI to win a huge Nigerian oil block and on the dilemmas of their industry. Read the article -> Source: Economist H/t D’arcy

Well-known Toronto-based mining and energy promoter Stan Bharti of Forbes and Manhattan has opened up to Mineweb’s Kip Keen. Here’s a link to the article. Excerpts include: “At Forbes & Manhattan we always tell people, find good assets in emerging markets so you don’t overpay for them. I mean any fool can go and pay… Continue Reading

From yesterday’s Stockwatch Energy Summary: Pacific Rubiales and Ecopetrol hold the largest interests in the $4.2-billion (U.S.) Bicentenario pipeline, with 32.88 per cent and 55 per cent, respectively. Petrominerales Ltd. (PMG), up 10 cents to $6.16, holds 9.65 per cent, and Canacol Energy Ltd. (CNE), up nine cents to $2.90, holds 0.5 per cent. The 960-kilometre pipeline will carry… Continue Reading

Petroamerica Oil Corp (C:PTA) Shares Issued 580,798,260 Last Close 6/25/2013 $0.25 Wednesday June 26 2013 – In the News The Globe and Mail reports in its Wednesday, June 26, edition that CIBC World Markets analyst Ian Macqueen has commenced new coverage on Petroamerica Oil with a “sector outperformer” rating and 40-cent target price. The Globe’s… Continue Reading

Frank Giustra-backed Albanian oil explorer Petromanas Energy (TSXV:PMI) was the subject of a Reuters article published last Thursday. Read: Much promise, little joy in Albania’s long search for oil (Reuters) “An oil explorer is like a hunter… He knows that in this region there are wild animals, but he doesn’t kill one every time.” Related: Petromanas amends farm out… Continue Reading

After spending several months hammering out a top, US equities entered August 2011 facing a growing number of storm clouds (impending US downgrade, US recession fears, renewed eurozone turmoil). On August 3rd stocks appeared to be in free-fall when a late session rebound back into positive territory gave bulls hope that perhaps the worst was… Continue Reading

“We call it the Pacific effect, because we go to a new area, we enter, and we discover.” Ronald Pantin Venezuelans Find Oil Bonanza in Colombia as Shares Soar | Bloomberg

If anyone has any doubts about the stigma of self-publishing and whether or not it is here to stay you only have to check out the recently self-published and instant cult classic “Urine Therapy – How to Drink Your own Urine” by “Craig Smith”. According to “Craig”, urine is pretty sterile and contains excess “good… Continue Reading

Why the gold bull thesis is wrong on a near-term (3-months or less) and medium-term (6-months or more) basis. I am and always will be a student of the market, and nothing is more valuable to me than credible, accountable and transparent sources; Keith McCullough of Hedgeye Risk Management taught me that. He has also taught… Continue Reading

“One drill hole changes the game. It’s very hard to decide who gets to make it and who doesn’t. It’s a big gate, and yet very few make it through. But you have to let them try.” — Lukas Lundin “Did you know you were getting the better end of that deal with Kinross?” I… Continue Reading

Mid tear Colombian oil and gas producer Pacific Rubiales Energy (TSX:PRE) today announced plans to buy back up to 10% of their public float, which would cost over $650 million at current prices. Read the press release here. Colombia’s oil producers in general are undervalued, according to the analysts we talk to. Frank Giustra backed Petroamerica… Continue Reading

Despite dramatic headwinds in both the uranium and exploration industries, Canadian explorer NexGen Energy has cornered the Athabasca Basin’s two best, recent uranium discoveries. On March 11, 2011, the uranium industry was devastated by the nuclear catastrophe at the Fukushima power plant on the west coast of Japan. The black swan event also coincided with… Continue Reading

Petroamerica Announces Initial Test Results of more than 3,250 BOPD of Light Oil from the Mirador with its Las Maracas-8 Well This is another spectacular well from Petroamerica, our largest position. Press release, Stock quote.

I distinctly remembered we all threw our bodies on top of each other. We were making a mountain of bodies. We were all laughing and wrestling to see who would get to the top of the bodies. I was on top. I was three or four years old. We were in “Yellow Duck Nursery School”.… Continue Reading

Petroamerica Oil Corp (C:PTA) Shares Issued 580,721,594 Last Close 4/8/2013 $0.305 Petroamerica Oil Corp. has provided preliminary drilling results for its Las Maracas-8 well on the Los Ocarros block, and provides the results of selective testing for the La Casona-1 well on the El Eden block, Colombia.