Lime Rock Resources II Closes at $410 Million

Lime Rock, a private equity firm focusing on the global energy sector, today announces the closing of Lime Rock Resources II with $410 million in total capital commitments. Like the first Lime Rock Resources fund, Lime Rock Resources II will seek to acquire, directly operate, and improve lower-risk oil and gas properties in the United States. Together with the Lime Rock Partners funds, which invest... 

Tag: lime investment trust, lime rock resources, eric mullins of lime rock resources, mining equity funds, mineral fund oil and gas

Delta Uranium Signs Option to Acquire 60% Interest in the Deer Lake Basin Uranium Project, Western Newfoundland

Delta Uranium Inc. announce that it has entered into an option agreement with Spruce Ridge Resources Ltd. pursuant to which Delta has been granted the option to acquire a undivided 60% ownership interest in the Deer Lake Basin Uranium Project. Upon completion of the option, Delta will enter into a joint venture agreement with Spruce Ridge for the remaining 40% interest. Deer Lake Basin Uranium Project The... 

Tag: subsidiaries east resources, gold royalties companies, santana diamonds inc

Marifil Mines Signs Letter of Intent With Yamana Gold

Marifil Mines Ltd. announces that it has signed a Letter of Intent with Yamana Gold Inc. whereby Yamana can acquire an interest in Marifil’s wholly owned Pedernal gold property, San Juan Province, Argentina. Pedernal comprises 13,287 hectares and is located about 50 km south of San Juan, the capital of the province. San Juan is widely recognized as a very “mine friendly” province... 

vMonitor Announces Aggressive Growth Strategy and Hiring of L J Guillotte as President and CEO

vMonitor, Inc. announces early results of its Aggressive Growth Strategy in oil and gas wireless automation and field optimization solutions. vMonitor Director Tom Bates, former Managing Director at Lime Rock Partners and former CEO of Weatherford Interra, describes the Company’s strategy as follows: “vMonitor has succeeded in developing the broadest, most comprehensive of wireless oil... 

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Dianor Inc.: Coloured Diamonds, Including a Blue Coloured Stone Continue to Predominate in Final Three Drill Holes From Mori Joint Venture Property in Ontario

Dianor Resources Inc. in conjunction with its joint venture partners Metalex Ventures Limited and Mori Diamonds Inc. inform its shareholders that it has received complete results for the remaining 3 holes of the 16 NQ drill holes drilled on the Mori joint venture properties, located 3 kilometres north east and north west of the Leadbetter Diamond Property in the Wawa area of Ontario. Theses are... 

True North Gems Inc.: Airborne Geophysical Survey Advances Bandito Nickel

True North Gems is pleased to announce the completion of the 2006 airborne program for its wholly owned Bandito (formerly known as Corundum Dome) nickel property in the Watson Lake Mining District, Yukon Territory, Canada. McPhar Geosurveys Ltd. has concluded its low altitude airborne, THEM time domain EM and magnetometer geophysical survey over the Bandito property (see press releases June 23 and... 

Nevtah/Black Sands Energy Acquire Significant Sunnyside Lease in Utah Tar/Oil Sands

Nevtah Capital Management and its joint venture partner, Black Sands Energy, have signed an agreement to acquire a key leasehold property within the richest portion of the Sunnyside Deposit in the Utah Oil Sands. The Sunnyside Deposit, according to the Lewin & Associates Report, 1983, ranges in field richness from 100,000 to 600,000 bbl/acre. The Report’s assessments were based on actual... 

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ASHTON DISCOVERS NEW DIAMONDIFEROUS KIMBERLITE IN QUEBEC

Collection of 50 and 100 tonne samples in progress on North Anomaly and Hibou dykes Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (”Ashton” or the ”Corporation”), is pleased to report early success from the Quebec summer exploration program with the discovery of a new diamondiferous dyke on the Foxtrot property. Additionally, the Southeast Anomaly dyke...