News: Junior Oil & Gas Company Riding a Technical Uptrend As Oil Prices Continue Rising

MISSISSAUGA, Ontario, December 15, 2010 -- Media, Inc. ( announces its latest article titled “Junior Oil & Gas Company Riding a Technical Uptrend As Oil Prices Continue Rising.”

Companies mentioned in this article include Anglo Canadian Oil Corp. (TSX-Venture:ACG).

Article Excerpt:

Oil is still squeezing on $90 per barrel with the common consensus within the industry that it will top $100 per barrel before it sees any sort of a retracement in cost. Oil production companies have felt the ebb and flow of oil prices over the last several years and appear to be once again solidifying direction and pointing to higher levels being reached in the near future.

Calgary, Alberta-based Anglo Canadian Oil Corp. (TSX-Venture:ACG) is engaged in the exploration, development and production of petroleum and natural gas. Anglo holds a 100% interest in a large land position in the oil rich Nordegg Member formation, comprising 269 sections (172,160 acres) in and around the Grande Prairie region of North Eastern Alberta. Through the latest multi-stage fraccing techniques, Anglo is well-positioned to start extracting the vast amounts of oil that are known to be trapped in Anglo property in the shaley Nordegg Member, a known source rock in the Western Sedimentary Basin.

The full version of this article can be found at:

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