Arabian American Development Co. provided an update on the effects of Hurricane Ike to its operations. The Company announced that it had sustained no material damage from the hurricane winds or flooding, power has been restored and it has restarted the manufacturing process effective September 17, 2008 at its South Hampton Resource facility. South [...]

Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. Chevron Nigeria Holdings Ltd. is a Bermudan company that holds 60 percent of the issued shares of [...]

T-3 Energy Services, Inc. provided an update on its Gulf Coast manufacturing and aftermarket service facilities following its initial impact assessment of Hurricanes Gustav and Ike. T-3 Energy’s Gulf Coast operations include eight out of its twenty-one operating facilities located throughout North America. These facilities were impacted both by power loss and personnel evacuations.
Taken together, [...]

Northern Offshore, Ltd. announced that the jackup Energy Enhancer was awarded a contract with SPD Limited to drill a well in the U.K. North Sea. The contract award is for an estimated 45-60 days with a contract value of approximately US$9-12 million.
The drilling contract, which will follow in direct continuation to the rig’s current contract [...]

Praxair, Inc. announced that North West Upgrading Inc. (NWU), has selected Praxair Canada Inc., the largest industrial gas supplier in Canada, to provide the industrial gases needed for its heavy oil Upgrader in Sturgeon County, Alberta, Canada. North West’s process eliminates production of coke, uses gasification to make hydrogen from the heaviest components of [...]

Xcel Energy today issued an additional 2,250,000 shares of common stock pursuant to the underwriters’ exercise in full of their over-allotment option. The over-allotment option was exercised in connection with the Company’s recently completed registered public offering of 15,000,000 shares of common stock sold on September 15, 2008. The additional shares were sold to the [...]

Franklin Mining, Inc. Chairman and CEO William Petty has reassured Franklin shareholders that the company’s Escala Mine continued operations during recent civil disturbances in Bolivia. In a statement scheduled to be posted at www.franklinmining.com later today, Mr. Petty discusses his personal commitment to the mining industry in Bolivia, to COMIBOL and to the Cooperativa INTI, [...]

Mooncor Oil & Gas Corp., update the Corporation’s shale gas activities in southwest Ontario, Saskatchewan, Alberta and British Columbia.
Southwest Ontario Shales
Mooncor has executed a farm-in agreement to participate in a non-operated well targeting a Silurian pinnacle reef formation located in Lambton County of southwestern Ontario The Silurian pinnacle reef anomaly has been identified by seismic, [...]

Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd., announced that the Company has brought two new wells on production at Lloydminster, Alberta, bringing the total to six now on production in the region. Average production last week for the six wells totalled 180 barrels of oil per day (BOPD), or [...]

Ausam Energy Corporation announces today that it has made a gas condensate discovery on its Nolte Marsh prospect in Liberty County, Texas. The prospect was drilled to a depth of 13,330 feet by Square Mile Energy L.L.C. (37.5% and operator) under a Joint Operating Agreement with Ausam (40%), Petro Real (17.5%), and 100 Wall Energy [...]