Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

October 27, 2009 Filed Under: Mining Investment, Mining Stocks, Oil and Gas  
Kodiak Oil & Gas Corp. Announces Pricing of Underwritten Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price of $2.20 per share. The offering is being made pursuant to an effective shelf registration statement that Kodiak filed with the Securities and Exchange Commission on July 14, 2008. The net proceeds of the offering, after deducting underwriting discounts and commissions... 

Kodiak Oil & Gas Corp. Announces Public Offering of Common Stock

October 26, 2009 Filed Under: Mining Stocks, Oil and Gas  
Kodiak Oil & Gas Corp. Announces Public Offering of Common Stock

Kodiak Oil & Gas Corp. announced that it is commencing an offering of up to 10,000,000 shares of its common stock in a public offering. KeyBanc Capital Markets Inc. is acting as the sole book runner for the offering and as the co-manager with Thomas Weisel Partners LLC. Proceeds of the offering will be used primarily for drilling and completion activities on Kodiak’s Williston Basin leases... 

Dumont sells Utah properties for cash plus royalty

July 17, 2009 Filed Under: Copper Mining, Diamond Mining, Precious Metal  
Dumont sells Utah properties for cash plus royalty

Dumont Nickel Inc. announce that it has concluded a sale of its Utah mineral properties and interests in the Clifton-GoldHill District to Clifton Mining Company (CFTN:USOTC) for USD$255,000 cash and a 0.5% net smelter return royalty against future production proceeds from certain parts of the properties. Dumont established the Utah Joint Venture in 2002 (announced December 18, 2002) with Clifton Mining... 

ECCO Energy Signs Letter of Intent With Samurai Corp to Acquire 40 Producing Wells in Ohio

February 11, 2009 Filed Under: Oil and Gas  
ECCO Energy Signs Letter of Intent With Samurai Corp to Acquire 40 Producing Wells in Ohio

On December 31, 2008, ECCO Energy Corp. signed a letter of intent to purchase properties from Samurai Corp, Inc., including the working interests in the properties previously owned by Lake Fork Resources, LLC in Ohio and the M-J Oil Company, also in Ohio. These acquisitions include 40 producing wells and multiple development drilling opportunities, as well as opportunities to increase production from... 

StatoilHydro forms strategic alliance with major US gas player

November 11, 2008 Filed Under: Oil and Gas  

StatoilHydro, the second largest natural gas supplier to Europe and Chesapeake Energy Corporation, the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore unconventional gas opportunities worldwide. Under these agreements StatoilHydro will initially acquire a 32.5% interest in Chesapeake’s Marcellus shale gas acreage covering 1.8 million... 

Epsilon Energy Ltd. Updates Its Shares Purchased to Date Under Its Normal Course Issuer Bid

November 11, 2008 Filed Under: Mining Stocks, Oil and Gas  

Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (“TSX”) on September 29, 2008, Epsilon may purchase up to a total of 2,000,000... 

Royal Quantum Updates Ohio Property

November 8, 2008 Filed Under: Oil and Gas  

Royal Quantum Group, Inc. has completed its review of the engineering evaluation on the Ohio Oil & Gas property acquisition. The 3rd party engineering evaluation has identified certain inaccuracies in the data provided to the company by the land owner. As a result of this, management has determined it is not in the best interest of the company to continue with the project and has notified the... 

Metalico Upgrades PGM Management Team

October 20, 2008 Filed Under: Platinum Group Metals  

Metalico, Inc. has realigned and upgraded its Platinum Group Metals management team with the hiring of three veterans in key positions. Andrew V. Masterman has been named PGM Group president with overall responsibility for Metalico’s precious metal recycling operations. Patricia M. Kennedy manages PGM administration, logistics and operations systems. Stephen B. Halliday takes over as general... 

Cleveland-Cliffs Inc Is Now Cliffs Natural Resources Inc.

October 15, 2008 Filed Under: Coal Mining, Iron Ore Mining  

Cleveland-Cliffs Inc, an international mining company, announced that it has changed its name to Cliffs Natural Resources Inc. Its ticker symbol will remain the same. In addition to the name change, the Company also announced the formal adoption of “Cliffs,” the one-word name by which it is commonly known, and introduced a new visual identity, including a new corporate logo. The new blue and green... 

Allied Energy Begins Production Operations in Southeast Ohio

October 13, 2008 Filed Under: Oil and Gas  

Allied Energy, Inc. announced that it has commenced production operations for its developments in Washington and/or Athens Counties, Ohio. The Humphrey #1 (first well) has been completed for production and turned into the line producing on the 10th of October. Although no assurances can be made, we believe this well could produce in the 70,000 cubic feet of gas per day range, which equates to monthly...