Tag Archives: North

North Peace Announces Operations Update and Filing of First Quarter Financial

Posted on June 13, 2010 by admin

Production continues on the second cycle of the L1 well at the Red Earth Pilot. The cycle’s steam-to-oil Ratio (“SOR”), which continues to decrease as production is maintained, is now approximately 4.1 representing a 50% improvement over the initial cycle. … Continue reading →

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China North East Petroleum: Upcoming Oil Producer

Posted on May 25, 2010 by admin

China North East Petroleum (NEP), with its innovative business model and flawless execution may be the most promising oil producer. By STEVE AUSTIN for OIL-PRICE.NET, 2008/05/07 Increasingly, governments are demanding higher prices from oil conglomerates for tapping intotheir onshore reserves … Continue reading →

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