Marathon Announces Natural Gas Discovery in New Area of Oklahoma
… percent overall working interest. This limited program is designed to enhance the company’s technical understanding of the play and …
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Clayton Williams Energy Provides Operations Update on Bossier Drilling
Clayton 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 Winnsboro prospect in Richland Parish, Lou …
Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil
Cavitation Technologies, Inc. has filed a patent for rapid modification of crude oil. It is proven that cavitation in fluids provide superior mixing and may significantly accelerate rates of chemical reactions and processes. By applying this concept to oil …
PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties
PetroHunter Energy Corporation announced it closed the sale of its 50% working interest in eight producing oil and gas wells to Robert L. Bayless, Producer LLC (”Bayless”), for $2.3 million, effective December 1, 2008. The eight wells are located in Garfie …
Providence Drills Well on Its Val Verde Prospect
Providence Resources, Inc., announced that it has commenced drilling the Carson 10-1 exploration well on its leases in Val Verde County, TX. The vertical well was spud on January 2, 2009 and is expected to reach a target depth of 16,000 feet in approximat …
Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets
Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in the People’s Republic of China, today announced that one of its wholly-owned subsidiaries Shouguang City Haoyuan Chemical Company Limited has signed a …
Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base
Crosshair Exploration & Mining Corp. and Target Exploration & Mining Corp. have entered into a Letter Agreement to combine their businesses to create a well-funded, low-cost, growth-oriented, uranium exploration and development company with a defined timel …
Revett Receives Approval of Rock Creek Environmental Assessment
Revett Minerals Inc. 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. is pleased to announce it has received notice from the Montana Department of Environmental Quality (MDEQ) that the draft Environmental Assess …
Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco
Aegean Marine Petroleum Network Inc. announced that Horizon Tangiers Terminal S.A. (HTTSA), a special purpose consortium, has named Aegean as the exclusive bunkering company for the new port in Tangiers, Morocco. The agreement, which is scheduled to become …
SemGroup Clarifies Restructuring Process
SemGroup, L.P. issued the following statement today to clarify the company’s restructuring process, which began in July 2008 when SemGroup and certain subsidiaries voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The compan …
