Shares of Consol Energy Inc has recently been reported falling sharply Thursday after the coal mine operator said its second-quarter profit dipped 34 percent as productivity problems pushed up costs.
Pittsburgh-based Consol said it earned $101 million, or 54 cents per share, in the quarter. Consol earned $153.1 million, or 83 cents per share, in the... 
Concho Resources Inc. is reported by the media that the company has announced that it has closed the previously-announced acquisition of Henry Petroleum and certain affiliated entities (collectively “Henry”). Cash paid at closing totaled approximately $560 million.
In addition, the Company purchased additional non-operated rights and interests in...
Tri-Valley Corporation has published a report saying that the company has promoted three of its Tri-Valley Oil & Gas Co. subsidiary officers to support its expanding petroleum and mineral exploration and production projects. Joseph R. Kandle, former president and chief operating officer of Tri-Valley Oil & Gas Co., has been promoted to senior...
The company is reported to have announced that Rich has decided to make NATCO the next step in his impressive career,” said John U Clarke, Chairman and Chief Executive Officer of NATCO. “Rich comes to NATCO with more than 30 years of business management experience. He will be responsible for all of NATCO’s operating entities in Europe. He brings...
Majestic Oil & Gas, Inc a United States Public Company whose securities are qualified for quotation on the Over the Counter Bulletin Board, has recently told the press that the Company successfully drilled the Stoltz #18-1 well located in Pondera County, Montana, bringing the total number of successfully drilled wells to-date to seven. This well...
Cubic Energy, Inc has recently told the press that the company’s common shares have been approved for listing on the American Stock Exchange (“AMEX”) and are expected to commence trading at the opening of the market on Monday, August 4, 2008. Cubic will trade on AMEX under the symbol “QBC”. This approval is contingent upon...
Contract driller Helmerich & Payne told the press that its third-quarter profit rose 9 percent, powered by growth in its U.S. land rig operations. Helmerich & Payne said it made $125.4 million, or $1.18 per share, for the quarter ended June 30, compared with $115.2 million, or $1.09 per share, a year ago. Revenue rose to $522.5 million from...
An early stage natural gas exploration and production, companyKentucky USA Energy, Inc, has recently published a report on its further drilling developments on the New Albany Shale drilling operation. After logging Francis Grace #1 well, the geophysical log confirms that the shale formation encountered in this well is comparable to wells evaluated in...
Air Products has signed a long-term contract with Weihe Clean Energy Company Limited, a subsidiary of Shaan’xi Weihe Coal Chemical Group Ltd, one of China’s largest coal-based fertilizer and methanol producers, to supply onsite gaseous oxygen and nitrogen for its phase three coal-to-chemicals project in Weinan Hi-Tech Zone (WHTZ) in Weinan...
Royal Quantum Group, Inc. announces phase one of the engineering evaluation on the Ohio Oil & Gas property has been completed and is now under review by management and the property owners. This phase consisted of a detailed analysis of the existing production values only. Further analysis of the property is to include the behind pipe, down-hole,...
Pacific Energy Development and Blast Energy Services Sign Merger Agreement
Pacific Energy Development Corp. (“PEDCO”), a privately-held oil and gas company engaged...
Silvore Fox Updates Progress on Winston Lake and Coxheath
Silvore Fox is pleased to announce that they have received the results of the Geotech Ltd VTEM...
Goldcorp Supports Acquisition Of Primero Mining Corp By Northgate Minerals Corporation
GOLDCORP INC. today agreed to support the proposed transaction by which Northgate Minerals...