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Addax Petroleum is a New York, NY-based company in the Energy and Utilities sector.
With the steady and persistent decline in natural gas prices, Atikwa Resources’ (ATK’s) management has re-focused its operational activities on the development of its light oil properties. The Company’s current production is in the Spearfish formation in southern Manitoba and the Bakken formation in Roncott, which is in southern Saskatchewan.
NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in Western Canadian Sedimentary Basin. NuVista’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin. This play has the potential to create significant shareholder value due to the high-value condensate volumes associated with the natural gas production and the large scope of this resource play. 2012 was a pivotal year for NuVista, repositioning the company from an acquire and develop business model to a business model focused on its Wapiti Montney play with strong economics, repeatability and scale. The focus of 2012 and 2013 was on delineation drilling and follow-up drilling to identify development drilling opportunities. The focus of 2014 is executing on a development program primarily in it Bilbo (South) Development Block and adding new infrastructure to increase processing capacity.
Bachman Services Inc is a Oklahoma City, OK-based company in the Energy and Utilities sector.
PGE utilizes technology such as seismic testing to identify oil and gas reserves. Vibration trucks send shock waves into the ground, as shown above. A recording truck is then used to capture their return to the surface, gathering information about