Orex Minerals Commences Drilling at Zambranena

Orex Minerals Inc. a junior mineral exploration company announces the commencement of its drilling program, consisting of a planned eight holes within its Santa Cruz Project in Durango State, Mexico; a joint venture with Silverex S.A. de C.V.. Located in the Sierra Madre Occidental Mountains, Otaez Municipality, midway between Tayoltita (San Dimas) and Topia mining camps, the Santa Cruz Project lies... 

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Occidental Petroleum Corporation and Mubadala Development Company Sign EPSA to Develop Gas Fields in Oman

Occidental Petroleum Corporation and Mubadala Development Company of Abu Dhabi (Mubadala) announced the signing of an Exploration and Production Sharing Agreement with the Ministry of Oil and Gas in the Sultanate of Oman. Under the terms of the EPSA, the parties will develop four existing gas fields and explore for potential new discoveries in a newly formed contract area (“Habiba” –... 

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Albanian Production Sharing Contract for Blocks 2 and 3 Approved

Manas Petroleum Corp., a Baar, Switzerland based company, today announces its wholly owned subsidiary, DWM Petroleum AG, has signed a Production Sharing Contract (PSC) for Blocks 2 and 3 in Albania. The blocks cover approximately 3,400 km2 (approximately 850,000 acres). The Albanian government was represented by Mr. Genc Ruli the Minister of Economy, Trade and Energy and Manas & DWM by Chairman... 

Tag: shpiragu

GoldSpring Enters into Agreement to Acquire Mineral Rights to Properties in Comstock Lode

GoldSpring, Inc. announced that it has executed binding Letters of Intent to purchase properties in Nevada’s Comstock Lode Mining District, further consolidating its position as the largest mineral rights holder in the area. Some of the properties the Company is acquiring have previously produced significant amounts of gold and silver. The Company has entered into agreements, with a related-party... 

Tag: lease agreement acquires mine, faber and mineral rights, agreement acquire gold unpatented, comstock lode mining techniques, sutro gold mining technique

Tara Minerals Corp. Starts Mining Operations at Don Ramon

Tara Minerals Corp., a subsidiary of Tara Gold Resources Corp., is pleased to announce that it has commenced mining operations at its 100% owned zinc/lead/silver project, the Don Ramon and Lourdes property, in Sinaloa State, Mexico. The Don Ramon prospect is 331 hectares in size and is located 20 km ENE of Choix, Sinaloa State, Mexico, in the southern part of the La Reforma Mining District. Material... 

Mexoro Minerals Ltd. Publishes Technical Reports

Mexoro Minerals wishes to announce that it has received two technical reports prepared by Apex Geoscience Ltd. on its Cieneguita property and Guazapares property, both located in Chihuahua State, Mexico. Cieneguita Property This property was formerly a producing gold mine operated by Glamis Gold Corporation. Historic estimates show that from 1995 to 1998 197,993 metric tonnes of rock creating at 2.27... 

Nation’s First Application for a Revolutionary Hydrogen Fuel Electric Generating Facility With Carbon Capture and Sequestration to Be Filed Before the California Energy Commission

Hydrogen Energy International LLC, a joint venture of BP Alternative Energy and Rio Tinto, announced plans to file an AFC (Application for Certification) before the California Energy Commission on Thursday, July 31, 2008, for a proposed hydrogen fuel production facility and power plant in Kern County, California. The filing initiates a comprehensive regulatory review process and, upon approval, grants... 

Tag: grants for hydrogen fuels, occidental kern county hydrogen plant, hydrogen fuel production facility, hydrogen electric plant in kern county, application for miner power fuel

OXY To Acquire 10% Interest in the General Partner of Plains All American Pipeline, L.P.

Plains All American Pipeline, L.P. (NYSE:PAA) announced that a wholly owned subsidiary of Occidental Petroleum Corporation (“OXY”), has entered into definitive agreements to acquire an aggregate 10% equity interest in the general partner of PAA directly from the existing owners. Closing is expected to occur within the next 30 to 45 days and is subject to certain customary closing conditions. The... 

Occidental to Develop Major New Texas Enhanced Oil Recovery Assets, Increasing U.S. Production

Occidental Petroleum Corporation announced an agreement with SandRidge Energy to develop a West Texas hydrocarbon gas processing plant and related pipeline infrastructure that will provide carbon dioxide (CO2) for use in Oxy’s enhanced oil recovery (EOR) projects. The new CO2 resources are expected to expand Oxy’s Permian production by a minimum of 50,000 barrels of oil per day within... 

Occidental in Oil Sands Deal with Enerplus

Occidental Petroleum Corp. signed an agreement with Enerplus Resources Fund to buy a 15 percent interest in Alberta’s Joslyn Oil Sands Project for $492.1 million. Operated by Total, the oil sands project holds over 8 billion barrels of bitumen or heavy crude. Occidental’s net recoverable reserves are estimated at 370 million barrels. While the project is still in the early stages, it currently...