Global Industries, Ltd. announced that its Brazil Business Unit has signed a contract with Petroleo Brasileiro S.A. (Petrobras) for diving, ROV and construction services to be performed offshore Brazil, in the areas of Campos, Santos and Espirito Santo basins.
The 180-day contract is valued at approximately US$ 70 million and has an option for an extension... 
Avista and all other parties involved in the company’s natural gas general rate filing have reached a settlement agreement that, if approved by the Public Utility Commission of Oregon, would result in an overall general rate increase of 7.1 percent. The new rates would take effect Nov. 1, 2009.
“We believe the terms of the settlement agreement...
ALIX RESOURCES CORP. announce it has entered into an agreement with Blair Naughty dated Sept. 23, 2009, whereby the vendor has granted Alix an option to acquire a 100-per-cent interest in seven claim blocks comprising a total of approximately 2800 hectares located in the Stewart mining camp. Six claims are in the vicinity of the new Montrose gold discovery...
Royal Roads Corp. and Benton Resources Corp. announce awarding a drill contract to commence diamond drilling of the recently discovered copper sulphide zone on the Long Range Joint Venture property in central Newfoundland. The contract has been awarded to Logan Drilling of Stewiacke, Nova Scotia and is expected to commence the week of October 12, 2009....
The management of Vantex Resources Ltd. announce that it acquired 100% of the Perron property, located south of the Galloway Project.
Following an initial agreement with the company 9189-9419 Quebec Inc. (The “Seller”) Vantex Resources Ltd. had to invest a sum of $ 250,000 in work over the next few years to acquire 40% interest in the property...
Lara Exploration Ltd. to report that Anglo Latina Consultores S.A.C., of Lima, Peru (“Anglo Latina”) has completed a positive and independent review of the Company’s Sao Lourenco tin project in Rondonia State, northwest Brazil. Anglo Latina has also prepared a Technical Report on the project to NI 43-101 standards, entitled “THE...
Cabot Oil & Gas Corporation reported on its remediation of three frac fluid releases at its Heitsman 4H Well location in Dimock Township, Susquehanna County, Pennsylvania. As reported to the Pennsylvania Department of Environmental Protection (PADEP), on September 16, 2009 during fracing operations being performed by Cabot contractors, Baker Corporation...
ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program.
“Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive...
Royal Dutch Shell plc has implemented, as from 1 July, 2009, a series of changes to senior management roles and responsibilities. Accounting disclosure segmentation, as from the third quarter 2009, will reflect the new organisational structure.
These changes will reduce Shell’s administrative costs, simplify the presentation of Shell’s financial...
RAM Energy Resources, Inc.reported today that the company’s existing borrowing base of $175.0 million on its revolving credit facility was reaffirmed by the company’s commercial lenders as a result of RAM’s regularly scheduled semi-annual borrowing base redetermination.
$175 Million Borrowing Base Reaffirmed
The company’s $250.0...
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...