Crude Oil

CALGARY, ALBERTA--(Marketwire - Nov. 6, 2009) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX VENTURE: CNE) is pleased to announce that the Corporation has granted 6,700,000 stock options to eligible participants. A total of 4,750,000 of these stock options were granted to directors and officers of the Corporation. The options were granted at an exercise price of $0.35 per common share, the November 6, 2009 closing price. The options will expire five years from the date of grant. As at this date, after giving effect to the new options issuance, Canacol has options outstanding representing 5.9% of the Corporation's total issued and outstanding common ...

CALGARY, ALBERTA--(Marketwire - Nov. 6, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WesternZagros Resources Ltd. (TSX VENTURE: WZR) ("WesternZagros" or "the Company") is pleased to report its results for the three and nine month period ended September 30, 2009 and key highlights and activities to date. - Kurdamir-1 has reached an intermediate depth of 2,700 metres, and has drilled through the Oligocene and Pilaspi/Jaddala reservoir targets in the Tertiary interval. Logging and coring activities were completed in the Tertiary interval and two open hole drill stem tests conducted. The forward plan is to drill the well deeper to test the Cretaceous reservoir targets. - Two cores were cut between 2,305 metres and 2,332 metres which exhibited hydrocarbon shows. Logging results indicated a gross hydrocarbon pay of 168 metres penetrated from the top of the porous Tertiary carbonate reservoir at 2,144 metres to the base of the ...

BAKERSFIELD, Calif., Nov. 6, 2009 (GLOBE NEWSWIRE) -- Cheyenne Resources Corp. (OTCBB: CYRS), an emerging company focusing on major exploration and production reclamation projects in the oil and gas sector, today reported that it currently is in negotiations to secure 1,000 acres of property in Abilene, Texas. The site has reported reserves of 15.7 million barrels of oil at depths of less than 1,000 feet. There are 11 additional zones ...

NEW YORK--(BUSINESS WIRE)-- Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders ProShares UltraShort DJ-UBS Crude Oil Fund (the "SCO Fund") (NYSE: SCO), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares") for possible violations of Sections 11 and 15 of the Securities Act of 1933 (the "Securities Act"). In addition to the claims concerning ProShares SCO Fund, Stull, Stull & Brody is also investigating claims on behalf of investors in other ProShares leveraged funds (the "Funds") (see list below), such as ...

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/8e27f3/mexico_metals_repo) has announced the addition of the "Mexico Metals Report Q4 2009" report to their offering. Mexico Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Mexico's metals industry. Mexican metals producers are just beginning a slow road to recovery, but the country's strategic position and competitive advantages should ensure that it continues to attract investment in expansion of steel ...