DXI Contracts C$780,000 in Debt Financing For NEBC Woodrush Drill Program

Issues Operational Update for Kokopelli Project, Colorado
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DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) (“DXI” or the “Company”), an upstream oil and natural gas exploration and production company operating projects in Colorado’s Piceance Basin and the Peace River Arch region in British Columbia today announced that it has contracted C$780,000 in debt financing designated for the continued development of the Woodrush Project in Fort St. John. read more

Brent tops $60, DXI Energy ready to roll

Canada gold, junior mining companies

While MotherlodeTV.net is focussed on mining stories, the energy sector is warming up again. Even before the recent events in Saudi, oil prices have been rising and the Brent oil price just broke $60 a barrel for the first time since 2015. Positioning to take advantage of the firming oil price is challenging. Especially with the uncertainty which surrounds both heavy oil plays and fracking. read more