El Paso Corporation, RWE Dea AG Enter Into Joint Exploration in Egypt
El Paso Corporation announced that its Egyptian subsidiary, El Paso Egypt Exploration & Production Company, and RWE Dea AG (RWE Dea) have executed an agreement to exchange interests in adjoining onshore concessions in Egypt. The assignments have been approved by Egyptian authorities. Prior to the exchange, El Paso held a 100 percent interest in the South Mariut Block in the Western Desert area...
El Paso Corporation Announces Tot Discovery
El Paso Corporation announced that the Tot exploration well, 1-ESS-185D, located in the ES-5 block offshore Brazil, is a discovery. Through its Brazilian E&P subsidiary, El Paso has a 35 percent working interest in the Petrobras-operated well. The well is located 30 kilometers offshore in 61 meters of water, and was drilled to a total vertical depth of 4,521 meters. Preliminary evaluation of logs...
Ruby Pipeline Shipper Receives Favorable California Regulatory Decision
El Paso Corporation announced the California Public Utilities Commission (CPUC) has given final approval to Pacific Gas and Electric Company (PG&E) to proceed with an agreement announced last year to obtain 375,000 dekatherms per day of capacity on the Ruby Pipeline for the delivery of natural gas to PG&E’s gas and electric customers. The unanimous CPUC approval of this important “anchor”...
Pason Systems Inc. announces transition to new Mexican partner
Jim Hill, President of Pason Systems Inc., wishes to announce that effective December 1, 2008 the rental operations and support of Pason products in Mexico will be transitioned from the current partner, Pedro Galindo, to Pason’s South American partner, Gary Storey, operating under the name of Pason DGS. Mr. Hill commented, “The management of our products, reporting software, communications,...
E-MetaVenture Joins Franklin Mining on GTL Project
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...
Latin American Minerals Retains Consultants and Expands Exploration Program to Include Drill-Testing a Resource at Paso Yobai, Paraguay
Latin American Minerals Inc. announces that it has retained Hedenquist Consulting, Inc. and Smee & Associates Consulting Ltd. to provide advise in the Paso Yobai Gold Project in Paraguay. Dr. Jeffrey W. Hedenquist, Ph.D., President of Hedenquist Consulting, Inc., provided advice on the exploration model, the nature of the epithermal system and the ongoing exploration and proposed drilling program...
Coalcorp Announces Management Changes and New Board Members
Coalcorp Mining Inc. announced changes to its management structure, as well as additions to its board of directors. Effective September 1, 2008, Mr. Luis Urdaneta has been appointed as the Chief Executive Officer of the company. Mr. Urdaneta is a graduate of Zulia University (Venezuela) and Penn State University (USA) and has degrees in petroleum engineering and computer science. After holding increasingly...
El Paso Corporation Announces Expansion of Raton Basin Pipeline
El Paso Corporation announced an expansion of the Colorado Interstate Gas Company (CIG) natural gas pipeline transmission system that serves the Raton Basin. CIG’s Raton Expansion will provide approximately 130 million cubic feet per day (MMcf/d) of incremental firm capacity from the Las Animas County, Colo., area of the growing Raton Basin northward along the Front Range of Colorado to the Cheyenne...
Traders expecting higher supplies sell down oil, gas
Oil and gas futures prices retreated Tuesday on expectations that a government inventory report today will again show that crude and gasoline stocks rose last week. The weekly report by the Energy Department’s Energy Information Administration has become critical for analysts and traders during a spring and early summer that have seen an unusually high number of refinery outages. Those refinery...
UTPB expanding petroleum-related courses
The oil and gas industry contains substantial risks and not just the risks of job-related injuries that first come to mind. “That’s why we teach well control and safety and health,” said Susan Schrader, assistant professor of petroleum technology in the University of Texas of the Permian Basin’s Industrial Technology department. “There’s also, in the industry, the...
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American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Nuinsco Acquires Gold Project in Lake of the Woods Region
Nuinsco Resources Limited announced it has optioned a claim package, collectively referred...
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