Rex Energy Corporation told the press that the company has named Mark A. Butta as Vice President of Oil and Natural Gas Marketing and Transportation. A 25-year veteran in the oil and natural gas industry, Mr. Butta will oversee Rex Energy’s oil and natural gas marketing and transportation department and will report to William L. Ottaviani, Executive Vice President and Chief Operating Officer. Prior...
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,...
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...
Sonterra Resources, Inc. (OTC Bulletin Board: SOTR) announced today that Donald Vandenberg has been named as Chief Executive Officer and President of Sonterra effective as of June 23, 2008. Gary Lancaster has been named as Vice President and Chief Legal Officer of Sonterra as of June 23, 2008. Michael Pawelek, Sonterra’s current Chairman of the Board will remain as Chairman of the Board, but...
Senate Majority Leader Harry Reid of Nevada, a gold miner’s son from the top gold-producing state in the nation, is confronting competing political interests as House Democrats prepare to rewrite an antiquated hard-rock mining law. The minerals mining industry holds huge sway in Nevada and industry is balking at some of the most far-reaching reforms. Reid must work with environmentalists and...
Energy companies are scrambling for drilling rights in north-central Alabama, where geologists have discovered a natural gas formation with the potential to rival any in the country. Drillers have bought gas rights on 500,000 acres in and around St. Clair County during the past two years, paying up to $500 an acre plus a share of potential revenues. They now want state permission to begin widespread...
Soma Petroleum Limited (SOMA) – symbol SOMPF, an oil and gas resource company has filed for listing on an exchange. Larry Skolnik, SOMA’s President, said, “The listing on another exchange is a milestone in our growth strategy. With a strong interest in the oil and gas resources based products, the listing will increase the Company’s visibility.” Also, after announcing...
Zambia’s Mines and Minerals Act 1995 will be overhauled this year, says that country’s Mines and Minerals Development deputy minister Norman Chibamba. ”My ministry is this year instituting major legal, regulatory and institutional reforms in order to align policy and practice so that we can improve on our service delivery to investors.” Chibamba says the 1995 legislation introduced...