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Random News from Mining Top News

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

…  part of the Company’s targeted expansion into key resource plays of North America, Marathon Oil Corporation announced that it has participated in a successful step-out discovery well on the Brickyard prospect, located in the northeast area of …

January 7th, 2009

Clayton Williams Energy Provides Operations Update on Bossier Drilling

Clayton Williams Energy Provides Operations Update on Bossier Drilling

…  Energy, Inc. provided an update on the drilling status of two Bossier wells. The Company reported that it is abandoning the …  on a 3D-defined prospect that is on trend to and 20 miles southwest of the Company’s Lee Fazzino #2 well which has produced 34.6 Bcf of …

January 7th, 2009

Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil

Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil

…  Inc. has filed a patent for rapid modification of crude oil. It is proven that cavitation in fluids provide superior mixing …  kerosene 0.9%, and waxes 0.1%. Cavitated oil increases the output of light fractions at lower temperatures. Cavitation heats crude oil, …

January 7th, 2009

PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties

PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties

…  Energy Corporation announced it closed the sale of its 50% working interest in eight producing oil and gas wells to Robert L. Bayless, …

January 7th, 2009

Providence Drills Well on Its Val Verde Prospect

Providence Drills Well on Its Val Verde Prospect

…  on January 2, 2009 and is expected to reach a target depth of 16,000 feet in approximately 45-60 days of drilling. The primary …  the logs of a well (E.P. Royalty Corp.) located about 1 mile west of Providence’s leases as well as a dry hole known as the …

January 7th, 2009

Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets

Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets

…  Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products …

January 7th, 2009

Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base

Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base

…  company with a defined timeline to production in one of the most mining friendly jurisdictions in North America. The two …  of 1.2 common shares of Crosshair being issued for each outstanding share of Target. Crosshair will issue approximately 14.6 million …

January 7th, 2009

Revett Receives Approval of Rock Creek Environmental Assessment

Revett Receives Approval of Rock Creek Environmental Assessment

…  Minerals Inc. 67% held subsidiary, Revett Silver Company, and its wholly owned …  it has received notice from the Montana Department of Environmental Quality (MDEQ) that the draft Environmental Assessment (EA) …  final design parameters. All facilities will be located outside of the Cabinet Mountain Wilderness area and Revett has already …

January 7th, 2009

Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco

Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco

…  to become effective in January 2009 upon completion of final documentation, will further expand Aegean’s global presence. The …  a major transportation hub serving important shipping routes, we expect to enhance our ability to meet the burgeoning demand for our …

January 7th, 2009

SemGroup Clarifies Restructuring Process

SemGroup Clarifies Restructuring Process

…  L.P. issued the following statement today to clarify the company’s restructuring process, which began in …  voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The company’s management committee and its …

January 7th, 2009