News archive for May, 2007

Results 71 - 80 of about 128 news for the month of May, 2007.

Uranium exploration firms flock to Niger desert

May 13th, 2007

Niger has granted a wave of permits to British, Canadian and Indian mining firms allowing them to explore for uranium in its desert north, the West African country’s government said on Saturday.
A total of 23 permits were granted to three Canadian firms, three British firms and an Indian company, enabling them to explore in the [...]

Arena Resources purchases second drilling rig

May 11th, 2007

Arena Resources, Inc. has purchased its second drilling rig. The rig will be completely refurbished and erected on site at one of the Company’s Fuhrman Mascho (“Fuhrman Mascho”) drill sites in Andrews County, Texas. The 600 horse power drilling rig, capable of drilling to a depth of 9,000 feet, is expected to be in operation [...]

Matra subsidiary signs drilling rig contract

May 11th, 2007

Matra’s wholly owned subsidiary “OOO” Arkhangelovskoe has signed a contract with locally based drilling contractor “OOO” OBK (Orenburg Drilling Company) for its rig 3D to drill the Sokolovskaya prospect on its exploration license.
Site construction and preparation works are due to begin shortly and the well is scheduled to spud in late July. The well is [...]

Sage Commences Drilling on Jacobus Cu - Ni Property

May 11th, 2007

Sage Gold announced that it has commenced drilling on its Jacobus Cu - Ni property in Beardmore, Ontario on May 9, 2007. The diamond drill program of approximately 2,000 metres is designed to test mineralization up-dip from holes SJ06-01 and SJ06-02. (reported in the news release of Jan 26, 2007) drilled by Sage in [...]

PetroSun BioFuels Announces Transaction With Icon Drilling

May 11th, 2007

PetroSun, Incorporated is pleased to announce that its wholly owned subsidiary, PetroSun BioFuels Australasia, has entered into a Letter of Intent with Icon Drilling of Brisbane, Australia. The purpose of the transaction is to create a publicly traded alternative fuel company in Australia. Icon Drilling is a wholly owned subsidiary of Icon Energy that [...]

Canadian Superior Launches Kan Tan IV Semi-Submersible Drilling Rig Out of Brownsville Harbour to Trinidad

May 11th, 2007

Canadian Superior Energy Inc. Speaking from the dockside of the harbour in Brownsville, Texas, Canadian Superior’s Chairman, Greg Noval, said today at 7:00 AM Central Daylight Time, “We have launched the Kan Tan IV semi-submersible drilling rig on its way to Trinidad. The rig is being towed to Trinidad by Secunda International Limited (’Secunda’) of [...]

Group sues to stop drilling in refuge

May 11th, 2007

A conservation group is suing to stop energy exploration in a national wildlife refuge next to the Great Sand Dunes National Park in south-central Colorado.
The lawsuit filed Tuesday in U.S. District Court by the San Luis Valley Ecosystem Council claims that the U.S. Fish and Wildlife Service violated federal law by failing to conduct an [...]

PDVSA Starts Drilling as Corocoro Operator

May 11th, 2007

Venezuela’s state oil firm PDVSA has started drilling after taking over operations of US oil major ConocoPhillips’ (NYSE:COP) Corocoro project, according to a PDVSA statement.
Conoco so far has not accepted government terms for continuing in PDVSA-dominated joint venture deals in the South American country.
PDVSA did not specify whether it was referring to Corocoro Este or [...]

Duke to pursue single coal plant

May 11th, 2007

Duke Energy Corp. plans to move ahead with a controversial coal-fired power project in the Blue Ridge foothills, Chief Executive Jim Rogers said Thursday after the annual shareholders meeting.
After nearly two years of debate, the N.C. Utilities Commission in February approved only one of the proposed two units for Duke’s Cliffside facility, about an hour’s [...]

Australian miners to raise US$825 bln for clean coal research

May 11th, 2007

Coal mining companies say they will raise $A1 billion ($US824.75 million) for research into clean coal technology to combat climate change.
The Australian Coal Association today said the funding would be used for research, development and demonstration of such technology.
The money would be raised over 10 years through an industry levy, ACA executive director Mark O’Neill [...]