Permits Obtained for Drill Program on International KRL Resources’ Carswell Uranium Project; Company Grants Stock Options

International KRL Resources Corp. announced that it has been advised by ESO Uranium that the permits have been granted for the reverse circulation and/or percussion drill program which will cover International KRL’s Carswell project in the Cluff Lake area of the Athabasca Basin, Saskatchewan. The claim has been optioned by ESO Uranium. ESO Uranium intends to commence a drill program shortly,... 

Tags: Athabasca Basin, Boulder, Calgary, Company, Exchange, Exploration Company, Gold, Mine, Miner

Petroleum Product Wholesalers, Except Bulk Stations/Terminals: State Market Index Report Details Industry Sales For Both Company-Wide Headquarters Data And Locally Generated Sales Levels

Research and Markets (http://www.researchandmarkets.com/reports/c52634) has announced the addition of “Petroleum Product Wholesalers, Except Bulk Stations/Terminals: State Market Index” to their offering. The metrics in this report cover three year trends in SIC 5172 (Wholesale sector), broken out on a state-by-state basis. Analysis is based on data applied from 7,488 industry firms. Industry... 

Tags: Company, Market, Markets, Mine, Miner, Mining, Paris, Petroleum, petroleum product

Occidental Petroleum CEO got compensation of $52.8 million in 2006

A regulatory filing shows the top executive at Occidental Petroleum received compensation in 2006 that the company valued at 52-point-eight (m) million dollars. Ray Irani, the company’s chairman, president and C-E-O, received a salary of one-point-three (m) million dollars, a cash bonus of one-point-four (m) million and four-point-six (m) million in incentives and other compensation. Most of... 

Tags: Chairman, Company, Exchange, New York, New York Stock Exchange, Occidental, Occidental Petroleum, Petroleum, Shares

Elixir Petroleum & Gawler Resources to Merge

Elixir Petroleum and Gawler Resources Limited have agreed to merge their businesses to create a balanced, diversified oil and gas exploration and production (‘E&P’) company, listed on the ASX and AIM and capitalized at approximately A$35.0 million (£14.4 million) at today’s share prices. Elixir shareholders will represent 52% of the enlarged company and Gawler shareholders the... 

Tags: Australia, Base metal, Chairman, Commercial, Company, Emerging, Gas, gas development, gas exploration

Kentex Petroleum closing on Northern Oil and Gas buy

Salt Lake-based Kentex Petroleum Inc. said Thursday it has closed on its acquisition of Northern Oil and Gas Inc., a Nevada oil and gas exploration and development corporation. Terms were not disclosed, although the transaction is being treated as a reverse merger with Northern Oil as the surviving entity. Northern Oil is focused on drilling exploratory and developmental wells primarily... 

Tags: Gas, gas exploration, Nevada, Oil, Oil and Gas, Oil and Gas Exploration, Petroleum, Rocky Mountain, Rocky Mountain Region

Phillips Petroleum Company Museum staff announced

ConocoPhillips officials announced today the hiring of three staff members to manage the Phillips Petroleum Company Museum scheduled to open in May. Thad Satterfield, formerly CEO and executive director of the Bartlesville Regional United Way, has been named marketing director and will provide direction and strategy for the Phillips Petroleum Company Museum in Bartlesville, as well as the new Conoco... 

Tags: Bartlesville, Company, Conoco, ConocoPhillips, Denmark, Energy, energy plan, Gas, gas supply

Masters Energy Inc. Files Year End Oil and Gas Disclosure

Masters Energy Inc. announced that it has filed with Canadian securities authorities its Annual Information Form for the year ended December 31, 2006, including disclosure and reports relating to reserves data and other oil and natural gas information pursuant to National Instrument 51-101. Copies of Masters filed documents may be obtained through SEDAR at www.sedar.com, Master’s website at... 

Tags: Alberta, Canada, Energy, Exchange, Gas, gas reserve, gas reserves, Natural Gas, natural gas reserves

First Nickel Inc.: Gerry Bilodeau Appointed as General Manager-Sudbury Opertations

First Nickel Inc. is pleased to announce the appointment of Mr. Gerry Bilodeau as General Manager – Sudbury Operations. Mr. Bilodeau has many years of senior operations management experience with Falconbridge/Noranda, most notably as Manager Mining at the Kidd Mine D Project in Timmins and as Project Superintendent during development and construction at Falconbridge’s remote Raglan Project... 

Tags: Company, Exploration Company, Falconbridge, First Nickel Inc., Lockerby Mine, Mine, Mining, Noranda, Ontario

Calyon hikes 2007 price forecasts for lead, nickel on continued high demand

Calyon CMR has made sizeable upgrades to its 2007 forecast prices for lead and nickel on expectations for continued high demand at a time inventories are slumping, it said. The investment bank has hiked its price outlook on nickel by 12.3 pct to 34,250 usd per tonne and on lead by 26.4 pct to 1,580 usd, citing continued tightness in a market that has seen both metals hitting record highs this year... 

Tags: Aluminium, Asia, Australia, Bank, Calyon, China, Copper Mining, Europe, Export

U.S. mining co. denies link to killings

An Alabama mining company on Thursday denied having any relationship with right-wing death squads in Colombia and said it has no intention of settling a related U.S. lawsuit. A federal judge in Alabama last month allowed a civil suit to go forward against Drummond Co. Inc. for allegedly paying a hit squad to kill three union leaders in 2001 at one of its Colombia mines. In a related move, Colombia’s... 

Tags: Alabama, Birmingham, Caribbean, Coal Mining, Colombia, Company, Defense, Drummond, Drummond Co. Inc.