Covenant Resources Closes Acquisition of 41,500 Acres in the Alberta Basin, Montana

 Covenant Resources Ltd. (CVA - CNSX) - Mr. Frank Port, President and CEO of Covenant Resources Ltd. ("Covenant" or the "Company") (CNSX:CVA), wishes to announce the closing of the acquisition of the oil and gas leases in Montana from Damont Energy Inc. ("Damont").

Pursuant to the execution of the Definitive Agreement announced on September 8, 2010, Covenant has acquired Damont's right, title and interest in 41,500 net acres of oil and gas leases in "The SweetGrass Arch" Prospect located in Toole and Pondera Counties, Montana. The SweetGrass Arch (Alberta Basin) prospect has significant gas potential as well as Bakken oil potential.

Point Roberts, WA – October 12, 2010 (Investorideas.com Energy Newswire) - InvestorIdeas.com, a leader in sector research for investors, reports on actively trading Oil and Gas Stocks to follow for the morning of October 12th.

Oil and Gas Stocks to watch include American Petro-hunter Inc (OTCBB: AAPH), Halliburton Company (NYSE: HAL), ATP Oil & Gas Corp. (NASDAQ: ATPG), and Kodiak Oil & Gas Corp (AMEX: KOG)

Oil and gas stocks are down in trading this morning following the recent run to their highest levels in five months. Energy investors ask if this is a pause before another bullish run?

Gran Tierra Energy Announces Initial Moqueta-3 Results; More Than Doubles Potential Net Oil Pay

Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE Amex: GTE; TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced preliminary results of the Moqueta-3 delineation well in Colombia and an operations update for Colombia, Peru and Argentina.

Colombia
Initial drilling and logging results have been obtained from the Moqueta-3 delineation well, with a bottom-hole location 450 meters south of the Moqueta-1 discovery well in the Chaza Block of the Putumayo Basin. Oil and gas shows were recorded through the Villeta Lower U Sandstone, the Villeta T Sandstone and the Caballos formations, with electric logs indicating total net oil pay in the Moqueta-3 well increasing to 118 feet, from 44 feet encountered in the Moqueta-2 delineation well.

Point Roberts, South Salem, New York – October 8, 2010 - Investorideas.com, a leader in cleantech stock research tools issues new solar stocks commentary from solar contributor, J. Peter Lynch.

 Solar Stocks Commentary with J Peter Lynch – Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com: http://www.renewableenergystocks.com/PL/

 A month ago (September 2nd) I said that the market over the past weeks (August) had been a “trendless” and very frustrating market for investors and traders alike and that the volatility was very extreme.  I also said that the solar sector was “quietly” starting to come alive.

 Well things have sure changed and they have changed for the better.  The market turned in early September (historically the worst month of the year for stocks) and proceeded to produce the 5th best September in history and the best in the last 40 years – what a turnaround!