In response to tremendous growth opportunities in global natural resources business sector, Dubai World today announced the formation of a new business unit, Dubai Natural Resources World, designed to explore new long-term investment avenues, while contributing positively towards sustainable development.
Dubai Natural Resources World will drive the growth of the Group’s interests across the entire natural [...]
Platina Energy Group, Inc. reports next well drilling to commence in Kentucky this weekend. The Company is in receipt of an upwardly revised engineering report estimate showing the potential of 30-60,000 BOE of recoverable reserves per new well on this field.
According to Blair Merriam, President, “We continue to work diligently to complete each of the [...]
Shell has taken steps to notify current and former US employees of a misuse of some employee data. Shell discovered that four of its employees’ social security numbers were used to file false unemployment compensation claims with the Texas Workforce Commission (TWC). Shell’s investigation has led it to believe that an employee of a third-party [...]
CanArgo Energy Corporation announced that the United States Securities and Exchange Commission has declared effective the Registration Statement filed on Form S-3 by the Company under the U.S. Securities Act of 1933 and the completion of all regulatory reviews by the Oslo Stock Exchange relating to the previously announced Rights Offering. Accordingly, the Rights Offering [...]
Dynamic Resources Corp. has been informed by the operator of its Sentell Field project that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent to logging the Cotton Valley and [...]
Toro Ventures, Inc. reports that the third shipment of oil has been shipped to the oil purchaser from its Crown lease. The Crown 1 & 3 wells have been producing with no down time. The Company has installed all pipes for the gas discovery on the Crown # 3 well. Interfin Gas Gathering Corporation has [...]
Hyperdynamics Corporation announced that top executives from the Company are attending the 15th Africa Oil Week being held next week in Cape Town, South Africa. This is Africa’s premier international event operated by Global Pacific and Partners. It is the world’s largest and most significant exploration and development event on Africa for the global oil [...]
JAG Media Holdings, Inc. announced that it has entered into a non-binding letter of intent with BlueCreek Energy, Inc. and several other parties, pursuant to which BlueCreek will merge with a wholly-owned subsidiary of JAG Media. In consideration of the merger, the shareholders of BlueCreek would receive at the closing a number of shares of [...]
Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent [...]
Global Resource Corp, a developer of a patent-pending microwave technology and machinery for extracting oil and gas, today announced that the Company successfully completed the testing of a commercial prototype of its microwave technology for economically converting hydrocarbons, into oil and gas, from a wide variety of sources. The Company said that as a result [...]
