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... 

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Hunt Energy Drill Rig Arrives at Melbourne Docks En Route to Tasmania to Drill Bellevue #1 in Search for Oil, Gas and Helium

Empire Energy Corporation International announced that, having just completed the drilling of an oil and gas well at Sealake, Victoria, the Hunt Energy Rig Number 3 has arrived at the Melbourne docks and is being washed down prior to quarantine inspection. Assuming quarantine approval, it is expected that all 32 semi-trailer loads of equipment (including the rig) should be shipped to Tasmania next... 

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Cardero Options Three Mexican Silver-Lead-Zinc Projects to Ethos Capital Corp.

Cardero Resource Corp. (“Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (“LOI”) with Ethos Capital Corp., a... 

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Piedmont Mining Signs Letter of Intent on Gold Discovery at Morgan Pass

Piedmont Mining Company, Inc. announced the signing of a Letter of Intent with Nevada Eagle Resources LLC, a wholly owned subsidiary of Gryphon Gold Corporation (TSX: GGN), to enter into an ‘exploration agreement with option to form joint venture’ on a gold discovery by Duval International in 1985 at Morgan Pass, approximately 12 miles southwest of Wendover in Elko County, Nevada. This... 

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Where old coal mines are oozing toxic brews

Some of the most poisoned water in Maryland flows out of a hillside here, its color like Coca-Cola and its acidity in the same range as stomach juices. The water runs through a culvert into Georges Creek, turning it the colors of the autumn leaves overhead. For 4 miles downstream, hardly anything is alive. “Everything died. Everything died here in this stream,” fishing guide Ken Pavol said... 

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