News archive for November, 2006

Drilling deepens Tasmania mine

November 3rd, 2006
Drilling deepens Tasmania mine

MINING at the Beaconsfield goldmine has moved a step closer after Tasmania’s work safety regulator yesterday approved a resumption of blasting and drilling to make the mine deeper.
Workplace Standards Tasmania rescinded a ban on work on the mine’s main decline imposed after the Anzac Day rockfall that killed miner Larry Knight just over six [...]

Basic Earth completes drilling operations on Rival Formation re-entry

November 3rd, 2006
Basic Earth completes drilling operations on Rival Formation re-entry

Basic Earth Science Systems, Inc. and its partners have completed drilling the third of three horizontal legs on the State #16-1H, a horizontal re-entry in McKenzie County, North Dakota. The horizontal drilling equipment is now being removed from the well and plans are to move off the drilling rig and move the pumping unit back [...]

Patch drilling ahead of schedule on British Columbia Gas Play

November 3rd, 2006
Patch drilling ahead of schedule on British Columbia Gas Play

Patch International Inc. has reported that the drilling activity on the Company’s natural gas project in northeastern British Columbia is currently proceeding ahead of schedule.
The operator has informed PTCH that the well is currently drilling in the target formation at 1930 meters and that total depth of 2020 meters is expected to be reached by [...]

Thailand Plans To Raise Gas, Coal Usage At New Pwr Plants

November 3rd, 2006
Thailand Plans To Raise Gas, Coal Usage At New Pwr Plants

BANGKOK - Thailand plans to increase the usage of natural gas and coal to fuel new power plants, a senior official at state-owned Electricity Generating Authority of Thailand said Thursday.
In 2010, Thailand’s usage of natural gas for power generation is expected to rise to 2,661 million standard cubic feet a day from 2,094 mmscf/d, EGAT [...]

PetroSun Acquires Interest in Australian Drilling Company

November 3rd, 2006
PetroSun Acquires Interest in Australian Drilling Company

PetroSun, Incorporated announced that the company has reached an agreement with Tiger Energy that assigns a fifty percent interest in Icon Drilling Pty, Ltd, an Australian entity, to PetroSun for the assumption of a $5.0 million obligation for the purchase of a drilling rig and associated equipment. Icon Drilling is a wholly owned subsidiary of [...]

Lake Sebu coal project royalty only P1 per ton

November 3rd, 2006
Lake Sebu coal project royalty only P1 per ton

KORONADAL CITY - “Too small an amount in exchange for so mammoth an income.”
This is how a local official in Lake Sebu, South Cotabato described the share Barangay Ned landowners would get from a coal mining company.
Municipal Agrarian Reform Officer Celso Caro said there is a need to review the government rules on the sharing [...]

Russian coal firm IPO oversubscribed

November 3rd, 2006
Russian coal firm IPO oversubscribed

Investor bids have already more than covered the book for the initial public offering of shares by Raspadskaya, the first coal company to float on the Russian stock market, a banking source said on Thursday.
Raspadskaya, part-owned by steel maker Evraz Group , said on Monday it would offer 18 percent of its capital, or 140.8 [...]

Canadian cities petition US agency to limit coal power plants

November 3rd, 2006
Canadian cities petition US agency to limit coal power plants

Thirteen Canadian cities petitioned the US Environmental Protection Agency on Wednesday to curb air pollution wafting over the border from 150 coal-fired power plants in seven Midwestern states.
The plants are “among the oldest and dirtiest in the United States” and cause smog and climate change in Canada,” Albert Koehl, a lawyer for the Sierra Legal [...]

Indonesia’s electricity firm inks US 2bn deal for coal power plant

November 3rd, 2006
Indonesia’s electricity firm inks US 2bn deal for coal power plant

Indonesia’s state-run electricity distributor has signed a tentative deal with a US-led consortium for the construction of a coal-fired power plant costing up to two billion dollars, an official said.
Indonesia’s Perusahaan Listrik Negara (PLN) signed a memorandum of understanding (MOU) with the consortium led by AES Transpower Ltd for the 1,200 megawatt plant to be [...]