News archive for December, 2006

South Texas Oil Company commences drilling operations

December 1st, 2006
South Texas Oil Company commences drilling operations

South Texas Oil Company has announced the drilling of three new wells.
South Texas Oil’s President, Murray Conradie stated, “As part of our evaluation of the DJ basin in Northeast Colorado, we have committed to our 75% participation in the drilling of 3 new wells. Drilling will commence next week of the Marilee State #11-16, 5,450 [...]

U.S. Coal Research Program grants awarded

December 1st, 2006
U.S. Coal Research Program grants awarded

The U.S. Department of Energy says six projects will receive nearly $2.4 million in funding under its University Coal Research Program.
The program, in its 28th year, is the department’s longest-running student-teacher research grant initiative. It has directed nearly $122 million in coal-related research, involving about 1,750 science studies and their professors working on more than [...]

Coal drying technology expanding

December 1st, 2006
Coal drying technology expanding

Great River Energy will be issuing so-called “Clean Energy Bonds” for a project that affects both its Coal Creek station near Underwood — and the new Spiritwood Energy Park near Jamestown.
Great River will issue $14.5 million in bonds to create a coal-drying facility at Coal Creek. It will remove about 25 percent of the water [...]

Russia’s Severstal, Renova target China coal mkt

December 1st, 2006
Russia’s Severstal, Renova target China coal mkt

Russia’s second-largest steel producer and major coking coal miner, Severstal , is to target China as the main market for coking coal produced in a Mongolia joint venture, a senior Severstal official said on Thursday.
“We are really looking to target the Chinese market for coking coal,” the Severstal official said. “The deposit in Mongolia contains [...]


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