Oil is still in demand and may be for the future, and Mass Petroleum is bringing the bacon

July 24, 2010 - PRLog -- Mass Petroleum Inc.  

Mass Petroleum is an oil and gas production company backed by an experienced and dedicated management team. Mass Petroleum is engaged in the acquisition of producing oil and gas projects to build its reserves and ensure sustainable growth by focused exploration and acquisition strategies to create shareholder value.

Mass Petroleum is currently in the process of acquiring several producing oil and gas assets in Western Canada. Alberta is located in Western Canada and has one of the world’s largest reserves of oil and gas; in fact they are second in the world’s oil reserves.
The target acquisitions offer a stable production base with low risk drilling opportunities. This provides steady cash flow for continued exploration and development in various prospect areas within the Western Canadian Sedimentary Basin. Canada's proven oil reserves are well developed and holds more than 175 billion barrels of oil. In fact their proven reserves are over 178bn barrels. The area is politically stable and has been a major oil producer for many decades.


Mass Petroleum appears to be moving in the right direction

About Mass Petroleum Inc:

Mass Petroleum Inc is engaged in oil and gas exploration and production. The company is expanding its business through acquisitions of exploration stage oil and gas wells by means of leases or buying substantial interest in them. The company has work force of most experienced professional in oil and gas sector. As on November 30th, 2009 the company reported its three exploration properties in Oklahoma with 2.34 percent interest in their ownership. The company’s main focus is in oil and gas leases and interest ownership in medium sized oil and natural gas production properties. Mass Petroleum is also looking forward to acquire non operational interests and exploration interests in producing wells.

For More Info Visit: http://www.masspetroleum.com

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Blue Dolphin Energy Company  (NasdaqCM: BDCOD)
Recent News:BLUE DOLPHIN ENERGY CO Financials

Blue Dolphin Energy Company, through its subsidiaries, engages in the provision of pipeline transportation and related services for producers/shippers, and exploration and production of oil and gas in the United States.

(”Blue Dolphin”), an independent oil and gas company with operations in the Gulf of Mexico, announced today that its wholly-owned subsidiary, Blue Dolphin Pipe Line Company, has contracted with a new shipper to provide gas and condensate transportation services for the shipper’s production to be delivered into the Galveston Area Block 350 Pipeline. The production will be delivered into the pipeline in Galveston Area Block 385. The Company expects transportation services for this shipper to commence in early December 2009. Throughput volumes are not yet known. Blue Dolphin Pipe Line Company owns an 83% undivided interest in the Galveston Area Block 350 Pipeline.

http://www.blue-dolphin.com/



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