Ivanhoe Energy reaches total depth at Zitong-1 and Yixin-2 wells in China

Testing program to commence

David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE, NASDAQ: IVAN) and Gerald Moench, President of Sunwing Energy Ltd., today announced that the Zitong-1 and Yixin-2 wells, located on the Zitong block in Southwest China have been successfully drilled to total depth. The Zitong-1 well reached total depth at 4,294 metres (14,088 feet) in the Xu2 Formation and the Yixin-2 well reached total depth at 4,165 metres (13,661 feet) in the Xu3 Formation. The wells have been logged, Zitong-1 has been cased and cemented, and Yixin-2 is currently running casing prior to cementing. A testing program for both wells is scheduled to commence in mid-December.

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Covenant Resources Announces the Issuance of Stock Options

Covenant Resources Ltd. (CVA - CNSX),(the "Company") wishes to announce that it has granted an aggregate of 1,000,000 stock options to certain directors, officers and consultants of the Company. The options have a term of five (5) years and an exercise price of $0.34 per share.

The Company Trades on the CNSX under the trading symbol "CVA".

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Sterling Resources Announces Increase in Bought Deal Financing to $80 Million

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sterling Resources Ltd., (TSX VENTURE:SLG) ("Sterling" or the "Company") is pleased to announce that the Company has reached an agreement with a syndicate of underwriters co-led by Wellington West Capital Markets Inc. and RBC Capital Markets (the "Underwriters") to increase its previously announced Offering to a total size of $80,010,000. Under the agreement, the Underwriters will now purchase from Sterling 26,670,000 Common Shares at an issue price of $3.00 per Common Share. All other terms and conditions of the Offering remain the same as previously announced.

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Vancouver, B.C., December 1, 2010 (Investorideas.com energy stocks newswire)  AROWAY MINERALS INC. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce the following update on the Company's joint venture drilling operations in the Peace River Arch area of Alberta. The Company's first well remains on production and is producing oil, gas liquids and gas at a stabilized rate of approximately 100boe/day net to Aroway.

 

The second well of the exploration program has been drilled and cased and is awaiting the arrival of a service rig and related equipment to begin the well completion program. This multi prospect exploration well was drilled to an approximate depth of 2200 meters targeting the Leduc formation.

Read more: Oil and Gas Stocks; AROWAY MINERALS INC. (TSX-V:ARW; PINK:ARWJF) ANNOUNCES DRILLING OPERATIONS...

Cohen Price Target

CFA commentary on CA Central Valley Energy Stocks

Point Roberts WA - November 29, 2010 - www.Investorideas.com, an investor research portal specialized in sector investing, including energy stocks features recent commentary from CFA, equity research analyst , Lisa Springer. The report focuses on theoil and natural gas deposits in California, featuring junior oil and gas stock American Petro-Hunter, Inc. (OTC.BB: AAPH).

 

Oil and gas stocks in this report: American Petro-Hunter, Inc. (OTC.BB: AAPH), Occidental Petroleum, Brigham Exploration, BreitBurn Energy Partners

Read more: CA Oil and Gas Stocks Research; (OTC.BB: AAPH), (NYSE:OXY), (NYSE:BRY), (NASDAQ:BEXP)