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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 …  technology reduced man hours on this well completion by more than 35 percent and reduced completion costs by 10 percent,” Bay added. For more information, visit the Company’s Web site at …

January 7th, 2009

Clayton Williams Energy Provides Operations Update on Bossier Drilling

Clayton Williams Energy Provides Operations Update on Bossier Drilling

…  Williams Energy, Inc. provided an update on the drilling status of two Bossier wells. The Company reported that it is abandoning the Claudia’s Education Trust 33-1, a 17,000-foot exploratory well on its …

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

…  Technologies, Inc. has filed a patent for rapid modification of crude oil. It is proven that …  of Cavitation Technologies. “During our testing 5 to 15% more diesel and gasoline was produced from the same barrel of crude oil using …  their fragmentation which results in creation of more valuable by-products. There are several potential benefits of using …

January 7th, 2009

PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties

PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties

…  Corporation announced it closed the sale of its 50% working interest in eight producing oil and gas wells to Robert L. Bayless, Producer …  approximately seven million acres in Australia. For more information, please visit …

January 7th, 2009

Providence Drills Well on Its Val Verde Prospect

Providence Drills Well on Its Val Verde Prospect

…  Resources, Inc., announced that it has commenced drilling the Carson 10-1 exploration well on its leases in Val Verde County, TX. The …  and completion company. Providence has identified more than 25 drilling targets from the evaluation of its 3D seismic …

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 in the People’s Republic of …

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

…  Exploration & Mining Corp. and Target Exploration & Mining Corp. have entered into a Letter …  market sentiment towards the region and this cannot be ignored,” says Mark Morabito, President and CEO of Crosshair. “We are therefore very excited to be acquiring a uranium asset with near-term production …

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) covering final design modifications of the Rock …

January 7th, 2009

Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco

Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco

…  vessels on an annual basis and is expected to increase to more than 10,000 vessels annually in 2010. Aegean will provide retail bunkering …  upon receiving the necessary trading, bunkering, and environmental licenses required by the local authorities. Going forward, we intend …

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 July 2008 when SemGroup and certain subsidiaries …  proposal from Mr. Catsimatidis. The current economic environment makes the plight of the company’s employees of special concern to the …

January 7th, 2009