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Marathon Announces Natural Gas Discovery in New Area of Oklahoma

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

…  to better define our targets and applying advanced drilling technology to reduce drilling days and well costs thereby improving overall well …  Brickyard prospect area. The Company is currently drilling two additional company-operated wells and is participating in two …

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 …  in the Winnsboro prospect. The Company is continuing drilling operations on the Sunny Unit #1, a 20,000-foot exploratory well in …  depth of 15,600 feet, and the Company expects to complete drilling operations late in the first quarter of 2009. To date, the Company has …

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

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 …

January 7th, 2009

PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties

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 …

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, …  target depth of 16,000 feet in approximately 45-60 days of drilling. The primary objective is the Ellenberger Formation, a gas bearing …

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

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 …

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

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 …

January 7th, 2009

Revett Receives Approval of Rock Creek Environmental Assessment

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 …

January 7th, 2009

Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco

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 …

January 7th, 2009

SemGroup Clarifies Restructuring Process

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 …

January 7th, 2009