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Marathon Announces Natural Gas Discovery in New Area of Oklahoma

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

…  expansion into key resource plays of North America, Marathon Oil Corporation announced that it has participated in a successful …  an initial rate of 5.2 million cubic feet of gas per day. Marathon is the well operator and holds approximately 57 percent interest in …

January 7th, 2009

Clayton Williams Energy Provides Operations Update on Bossier Drilling

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 …

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

…  natural gas properties, including approximately 20,000 net mineral acres in Colorado and an undivided 50% working interest in four …

January 7th, 2009

Providence Drills Well on Its Val Verde Prospect

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 …

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

…  Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in the People’s Republic of …  to acquire manufacturing assets involved in bromine and crude salt production. Upon the closing of the transaction by …  additional annual production capacity of 3,000 tons of bromine and 200,000 tons of crude salt, expanding the consolidated annual …

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

…  (the “Meeting”) will be held at a time yet to be determined to approve the proposed transaction. On completion of the transaction, …

January 7th, 2009

Revett Receives Approval of Rock Creek Environmental Assessment

Revett Receives Approval of Rock Creek Environmental Assessment

…  Minerals Inc. 67% held subsidiary, Revett Silver Company, and its wholly owned …  delineation of the deposit to confirm continuity of mineralization and other final design parameters. All facilities will be …  Rock Creek Project will be an underground copper-silver mine similar to the Troy Mine and will employ about 250 to 300 workers. The …

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