Galantas Further Upgrades Mining Equipment and Increases Production

Galantas Gold Corporation has received provisional results for the first quarter of 2009 from its wholly owned subsidiary Omagh Minerals Limited (OML). OML operates the only gold mine in Ireland and produces a concentrate containing gold, silver and lead. The first quarter of 2009 (ending March 31st) saw production of an estimated 511 wet tonnes (481 dry tonnes) of concentrate. Metals content of the... 

ExxonMobil Enters Black Sea with Exploration Agreement in Turkey

Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration. ExxonMobil will become operator during the initial exploration phase and earn... 

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Serica Energy awarded UK licences

Serica Energy plc announces that it has been offered three UK exploration licences in the UK 25th Seaward Licensing Round and provides an operational update. In the UK 25th Round Serica was offered awards of licences covering interests in Block 15/21e (split) in the Central North Sea, Block 48/16a (part) in the Southern North Sea and Block 110/2d in the East Irish Sea. The blocks have been offered... 

Marathon Completes Sale of Its Interests in Heimdal Area Offshore Norway

Marathon Oil Corporation announced the completion of the sale of its non-operated interests in the Heimdal infrastructure, related producing fields and associated undeveloped acreage offshore Norway. Centrica plc, the parent company of British Gas, acquired the interests for a total value of $416 million, which includes a $375 million purchase price and $41 million in associated Norwegian asset tax... 

Marathon Board Approves Deepwater Gulf of Mexico Droshky and Ozona Development Projects

Marathon Oil Corporation announced that its Board of Directors has sanctioned two Gulf of Mexico development projects, Droshky and Ozona. The Board approved a total project cost of $1.3 billion for the Droshky development and $300 million for the Ozona development. “As we continue to strengthen Marathon’s Gulf of Mexico portfolio, the Droshky development will add profitable production and... 

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Ireland Inc. Commences Operations of Pilot Plant at Columbus Project

Ireland Inc., a mineral exploration and development company focused on the extraction of precious and base metals from mineral deposits in the Southwestern United States, today announced that the pilot plant located at its Columbus Project, near Tonopah Nevada, has commenced operations. Operating the pilot plant forms part of Ireland’s pre-feasibility program to determine the commercial feasibility... 

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Serica Energy submits Columbus Field Development Programme

Serica Energy plc as operator of UK Block 23/16f has submitted the Field Development Programme (“FDP”) for the Columbus field in the UK Central North Sea to the UK government. In December 2006 Serica announced the discovery of the Columbus gas-condensate field with well 23/16f-11. The well was tested at a rate of 17.5 million cubic feet of gas per day and 1,060 barrels of condensate per... 

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Iberian Minerals Corp.-Update on Aguas Tenidas Stockwork Drilling Program

Iberian Minerals Corp. Iberian Minerals Corp. announces assay results from an additional underground and surface drilling as part of its 2008 copper stockworks drilling program on the Agua Tenidas mining project. The stockwork program from the existing underground infrastructure is focused at the East end of the deposit between sections 690.790E and 690.960E. It will be extended to the East to section... 

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Vortex Resources Corp. to Acquire Barnett Shale Properties

Vortex Resources Corp. announced today that it has signed a Memorandum of Understanding (the “MOU”) to enter into a definitive asset purchase agreement with Blackhawk Investments Limited (“Blackhawk”), based in London, England. Blackhawk will exercise its exclusive option to acquire all of the issued and allotted share capital in Sandhaven Securities Limited (“SSL”), and its underlying... 

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Serica Energy provides supplemental information regarding its prospects in Ireland

Serica Energy plc provides further information regarding Serica’s Petroleum Exploration Licence PEL 01/06 covering three blocks in the southern Slyne Basin off the west coast of Ireland. This information in respect of the Licence and the Bandon and Boyne prospects is supplemental to that provided in Serica’s news release of 2 September 2008 and is provided in conformance with Canadian listing...