Cecil County Approves Transfer of Assets to Artesian Water and Wastewater of Maryland

Artesian Resources Corporation furthered its expansion into Maryland on Tuesday, when the Cecil County Board of Commissioners voted to approve a transfer of water and wastewater assets located in growth-corridor franchise areas they awarded to Artesian subsidiaries in August. The transfer of assets to Artesian Water Maryland and Artesian Wastewater Maryland will include county water systems in Meadowview,... 

Mesa Uranium Acquires Utah Potash Project, Consolidates Shares

Mesa Uranium Corp. announce that it has filed potash exploration permit applications with the Bureau of Land Management. The project has excellent potential for potash from both solution mining and naturally-occurring potash brines. The 25,500 acre area (40 square miles), the White Cloud potash project, is located 40 miles north of our Lisbon Valley uranium project in southeastern Utah. Access and... 

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Superior Well Services, Inc. Agrees to Acquire Oilfield Service Assets from Diamondback Holdings, LLC

Superior Well Services, Inc. announced that it entered into a definitive asset purchase agreement to acquire certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company. Pursuant to the terms of the agreement, Superior will acquire Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $270.0 million in cash,... 

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Doral Energy Acquires Permian Basin Assets, Financed With $50 Million Credit Facility From Macquarie Bank Limited

Doral Energy Corp , an oil and gas exploration and production company, announced today that it has completed the acquisition of leaseholds on over 7,800 acres of producing oil and gas property on the northwestern end of the resource-rich Permian Basin in Eddy County, New Mexico (the “Eddy County Properties”). In order to complete the acquisition of the Eddy County Properties, Doral entered... 

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Oil Heading for $130 a Barrel

Oil prices surged to a new trading record above $129 a barrel Tuesday amid continuing concern about global supply. U.S. light crude for June delivery reached $129.58 a barrel in electronic trading, surpassing the previous intraday mark of $127.82 hit Friday as it smashed through the $128 barrier in a matter of minutes. At 11 a.m. ET, the contract was up $2.09 at $129.14 on the New York Mercantile Exchange. One... 

Holly N.M. Refinery Unit Shut Down

A key unit at Holly Corp.’s New Mexico refinery is down for repairs, with gasoline production off by as much as 756,000 gallons this month. The shutdown of the fluid catalytic cracking unit at the Navajo Refinery in Artesia, N.M., followed a shutdown due to an instrument control malfunction on May 7. As the unit was being brought back on line after the initial shutdown, the unit experienced catalyst... 

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Cyanide detected in river near gold mine

Officials yesterday inspected a gold mine in Loei’s Wang Saphung district after cyanide contamination was detected in water. The team checked on how efficiently mine operator Thung Kham Co was preventing cyanide-tainted waste from the mine leaking into farmland and waterways. The inspection was made after the Regional Environmental Office published the results of last year’s water quality... 

Magellan Petroleum Announces Weekly Drilling Report Cabbots-1 – Cooper Basin SA

Magellan Petroleum Corporation (Nasdaq: MPET – News; ASX: MGN – News; “Magellan”) announced that its 100% owned subsidiary, Magellan Petroleum Australia Limited (“MPAL”) advises the following drilling report. The Cabbots-1 exploration well spudded in PEL 107 at 09:00 hrs (CST) on December 5, 2006. At 06:00 hrs (CST) on December 13, the well was at a depth of 2,248... 

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Magellan Petroleum spuds Keeley-1 in Cooper Basin SA

Magellan Petroleum Corporation has announced that its 100% owned subsidiary, Magellan Petroleum Australia Limited advises that the Keeley-1 exploration well spudded in PEL 107 in the Cooper Basin of South Australia on October 22. Keeley-1 is the first of a further two farmin wells in PEL 107 in which Magellan will participate under an arrangement with Great Artesian Oil and Gas during the current Cooper... 

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Yates Petroleum Corporation and Mack Energy Corporation sponsor program to educate teachers

Two energy companies have sponsored a week-long program to educate 60 teachers about New Mexico’s oil and gas industry. In exchange for their participation in the seminars and after submitting an approved lesson plan to the organizers using what they learned from the program, the teachers receive 500 dollar stipends. The program is sponsored by two Artesia companies — Yates Petroleum Corporation... 

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