Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies. “E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing and allied...
MINExpo INTERNATIONAL® 2008, the mining industry’s premier exhibition of equipment, technology and services, is only two weeks away and members of the media interested in covering the show are encouraged to register as soon as possible. Sponsored by the National Mining Association (NMA), the show is scheduled for Sept. 22-24 at the Las Vegas Convention Center. The scale of MINExpo is massive,...
Devon Energy Corporation announced today that it has received regulatory approval for the company’s second oil sands project in Canada. Construction of the 100 percent Devon-owned Jackfish 2 project will begin immediately. Once fully operational in 2012, Jackfish 2 will produce about 35,000 barrels of oil per day through a recovery method known as Steam Assisted Gravity Drainage, otherwise known...
“Today’s 5.4 percent crude oil price increase to $121.18 a barrel despite decreased demand and increased supply is a clear sign that speculators continue to dominate the commodities markets hurting our national economy,” said Lea Wilson, executive director of the Washington Oil Marketers Association (WOMA). “There is absolutely no economic reason for prices to increase the way they did today,”...
STW Resources, Inc. (“STW”) announced that it has brought on the following influential outside directors to advise it on its oil and gas water recycling operations. “These directors are key legislative and industry advisors who bring unique contributions to STW’s future success,” said Stanley T. Weiner, STW’s Chairman and Chief Executive Officer. The Honorable Bill Carter is a former long-term...
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,...
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province...
ONEOK, Inc.’s three distribution companies, Kansas Gas Service, Texas Gas Service and Oklahoma Natural Gas, have been recognized as top performers by the American Gas Association in the area of emergency response. This recognition is part of AGA’s 2008 Operations Best Practices Benchmarking Program, which is considered to be one of AGA’s most valuable programs. “We are honored...
Quest Resource Corporation announced the appointment of Thomas A. Lopus as Executive Vice President – Quest Eastern Resource. Lopus will be based in Pittsburgh, Pennsylvania and will direct all of Quest’s natural gas and oil exploration and production activity in the Eastern United States. With more than 27 years of experience in the oil and gas industry, Lopus most recently served as...
Teton Energy Corporation announced today that it successfully syndicated its three-year $150 million bank credit facility to a group of four domestic banks. The facility was originally underwritten by JPMorgan Chase Bank, N.A., which will continue to act as the administrative agent on the facility. Joining JPMorgan in the bank group are Royal Bank of Canada, acting as syndication agent, and U.S. Bank...