The Start-up of Ledong Promotes CNOOC Limited’s Gas Production Growth

CNOOC Limited announced today that Ledong (LD) 22-1, an independent gas field of the Company, has successfully commenced production. Currently, it is producing approximately 30 thousand cubic feet of natural gas per day via 5 wells. About 47 kilometers eastern of the producing field Yacheng 13-1 and 20 kilometers western of LD 15-1 gas field, LD 22-1 is located in the Yinggehai Basin of the Western... 

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Tethys Petroleum Limited: Tajikistan East Olimtoi Exploration Well

Tethys Petroleum Limited announced that its wholly owned subsidiary Kulob Petroleum had signed a Memorandum of Understanding with the Ministry of Energy and Industry of the Republic of Tajikistan to takeover drilling operations on the East Olimtoi exploration well EOL09 that lies within KPL’s Bokhtar Production Sharing Contract area. The State Unitary Enterprise “Naftugaz va Angisht”... 

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Uranium Star’s Madagascar Massive Sulphide Property is Ready For Drilling

Uranium Star Corp. provide an update on its Three Horses Property in Madagascar and an outline of the exploration plans for 2008. Uranium Star’s Three Horses Property located in south-western Madagascar displays the distinct mineralization and alteration styles associated with volcanogenic massive sulphide (VMS) deposits. These deposits can host significant quantities of copper, zinc, lead and... 

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Gastar Exploration Ltd; Agreement with Major Australian Gas Transmission Company

Gastar Exploration Ltd together with its joint venture partner Eastern Star Gas Limited have recently published a report saying that the two companies have entered into a Heads of Agreement (“HoA”) with the APA Group (“APA”), owner of the Central West and Moomba Sydney Gas Pipelines. Under the HoA, options for early delivery of coal seam gas from PEL 238 into the New South Wales (“NSW”)... 

Alcoa Sends Letter to Alcan Board Outlining Commitments to Quebec; Will Meet Requirements of Agreement between Alcan and Quebec Government

Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in which its offer to acquire... 

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Issues in the Twin Tiers: Gas drilling market reaches a new age

Natural gas drilling in the Southern Tier, once heavily weighted in favor of the drilling companies, is now shifting toward the landowners’ interests. Two factors are pushing the pendulum. One is a new policy, implemented in August 2005, which allows parties with land in a well unit to buy their way into the drilling of that particular well. The second is the decision by Chemung County to jump... 

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Russia approves TNK-BP’S Kovykta drilling programme

Russia’s technical standards agency said on Monday it had approved a drilling programme by BP’s Russian venture TNK-BP at the Kovykta gas field, but the decision is unlikely to ease state pressure on the project. RosTekhNadzor, a part of the Ministry of Natural Resources, said it had approved the plan of Rusia Petroleum, the TNK-BP subsidiary operating the Kovykta licence, to drill 18 production... 

Quest Minerals & Mining Receives Permit to Mine Coal at Pond Creek Mine

Quest Minerals & Mining Corp. , a Kentucky based operator of energy and mineral related properties, today announced that it has received a permit from the Kentucky Department of Natural Resources to conduct coal mining at its Pond Creek Mine at Slater’s Branch, Kentucky. The mining permit is held by Quest’s wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining... 

Quest Minerals & Mining Receives Permit to Mine Coal at Pond Creek Mine

Quest Minerals & Mining Corp., a Kentucky based operator of energy and mineral related properties, today announced that it has received a permit from the Kentucky Department of Natural Resources to conduct coal mining at its Pond Creek Mine at Slater’s Branch, Kentucky. The mining permit is held by Quest’s wholly-owned subsidiary, Gwenco, Inc., and allows Gwenco to recommence mining... 

Gastar Exploration Updates PEL 238 Drilling Program New South Wales, Australia

Gastar Exploration Ltd. is pleased to provide an operational update on recent drilling and completion activities on its PEL 238 property located in New South Wales, Australia. PEL 238 DRILLING PROGRAM Gastar, along with Eastern Star Gas Limited (ASX:ESG – News), the operator of the PEL 238 Gunnedah Basin Coal Seam Gas Joint Venture, has recently completed the drilling and fracture stimulation...