Oil and Gas

Big Cat Energy Corporation and High Plains Gas Inc. Announce Signing of Sales Purchase Agreement for Strategic Investment

Big Cat Energy Corporation and High Plains Gas Inc. announce the execution of a definitive Sales Purchase Agreement (“Agreement”) for a strategic investment by High Plains into Big Cat Energy valued at $600,000. “This strategic investment solidifies our support for Big Cat and their innovative and environmentally friendly water handling technology... 

Graham Corporation Acquires Nuclear-Accredited Supplier Energy Steel & Supply Co.

Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, today announced that it has acquired privately-held Energy Steel & Supply Co. (“Energy Steel”), a leading code fabrication and specialty machining company dedicated exclusively to the nuclear power... 

Alberta Star Drills and Cases Another Well and Proceeds With Its Three Well/Phase-2 Drilling Program at Landrose, Saskatchewan

Alberta Star Development Corp. announces that the Company has successfully drilled and cased its first well (50% working interest to the Company) in its Phase 2 Drilling Program in Landrose, Saskatchewan. The Company’s Phase 2 Drilling Program is scheduled to consist of three wells, the first one on Section 16-50-26-W3M and two wells scheduled... 

Tethys Petroleum Limited: Tajikistan-Komsomolsk Well KOM201 Commences Drilling

Tethys Petroleum Limited announced that drilling operations had commenced on the East Komsomolsk KOM201 appraisal well. The KOM201 well is designed to appraise the eastern portion of the Komsomolsk gas field, which lies beneath the northern part of Dushanbe, the capital city of Tajikistan. It is being drilled by Tethys’ ZJ30 rig “Tykhe”,... 

Tethys Petroleum Limited: Drilling Commences on AKD03 (Dione) Exploration Well

Tethys Petroleum Limited announced that it had commenced drilling the AKD03 (Dione) exploration well in Kazakhstan. Tethys’ ZJ70 rig “Telesto” has commenced drilling on an attractive exploration prospect which is located nearby to, and south-west of, the Doris oil discovery. This well is planned to target both the Cretaceous and Jurassic... 

Voyager Petroleum Expands Pilot Program

Voyager Petroleum, Inc., a leading mid-market petroleum-based brokerage, processing and distribution company, announced today that it has had success with the Pilot Program shipping petroleum-based products in the Caribbean through its wholly-owned subsidiary Monarch Petroleum, Inc. The pilot program implemented to transport petroleum products via shipping... 

Alternative Petroleum Technologies Receives Purchase Order from Refinery for Emulsified Fuel Oil

Alternative Petroleum Technologies S.A. (“APT”) announced it has received a purchase order from a refinery owned and operated by India’s largest oil company, the Indian Oil Corporation Limited (“IOC”). After several months of consideration under an arduous tender process, APT was awarded the right to deliver its heavy fuel... 

NiMin Energy Signs Term Sheet for Long-Term Financing

NiMin Energy Corp. announced the execution of a preliminary term sheet for a senior secured loan (the “Loan”) in the amount of US$36 million from a large institutional private lender (the “Lender”). At the request of the Company and subject to approval by the Lender, the Loan may be increased up to US$75 million to provide additional... 

CNX Gas Achieves Record Production From Latest Marcellus Shale Well

CNX Gas Corporation, a leading Appalachian gas producer, announced production results from its latest horizontal well targeting the Marcellus Shale, the GH2BCV well in central Greene County, PA. This well has been producing for 16 days, at an average production rate of 4.9 MMcf per day. The peak daily production rate was 5.7 MMcf, and the current daily... 

Terra Energy & Resource Technologies Completes an Exploration Services Project

Terra Energy & Resource Technologies, Inc., a natural resource exploration technology company, has completed an exploration services project for oil and gas in Nevada under a contract with Golden Eagle Alliance, LLC, a Colorado limited liability company. The contract entailed the application of STeP®, Terra’s proprietary remote sensing exploration...