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Random News from Mining Top News

Ameriwest Energy Signs Agreements to Proceed With Drilling at Ameriwest Fee #1 Well

September 29th, 2008

Ameriwest Energy Corp. announce that it has finalized requisite drill site agreements towards the spud of the Ameriwest Fee #1 well.
The Company has executed a Surface Use Agreement with the private land owners, thereby clearing the way for immediate construction of a roadbed, and for the proposed future installation of electrical lines, water sources and [...]

Suncor Oil Sands Upgrader Running Again

June 25th, 2008

Suncor Energy Inc. says production at its Alberta oil sands operation is expected to ramp up over the next several days as a planned maintenance shutdown of one of its two oil sands upgraders is completed.
The company says planned shutdowns are part of the normal operations at the facilities. This one began May 18. Unplanned [...]

Crosshair Continues to Define Mineralized Corridor

November 27th, 2008

Crosshair Exploration & Mining Corp. report diamond drill results from the 2008 summer program on its Central Mineral Belt (CMB) Uranium Project in Labrador. All six holes drilled at Area 1 intersected uranium mineralization, highlighted by:
- 0.09% U3O8 over 5.63m (from 326.86m to 332.49m) and 0.08% U3O8 over 4.96m (from 289.42m to 294.38m), both part [...]

Peregrine Announces New Kimberlite Discovery at Nanuq North, Nunavut

September 3rd, 2008

Peregrine Diamonds Ltd. announce the discovery of a new kimberlite, estimated at 4.5 hectares in size, on the 33,000 hectare Nanuq North property in Nunavut, Canada. Nanuq North is situated just north of Peregrine’s wholly-owned Nanuq property (“Nanuq”) where the company discovered three diamondiferous kimberlites in 2007. Peregrine has recently staked 114 new mineral claims [...]

Blue Sky Network Selected to Provide Fleet Support for Bond Offshore

October 21st, 2008

Blue Sky Network, a leading global provider of mobile asset management and fleet management solutions using GPS tracking, today announced that Bond Offshore Helicopters Ltd. selected Blue Sky Network’s solution to provide GPS flight following, text and voice capabilities aboard its current fleet of ten AS332L2/EC225’ based in Aberdeen, Scotland. Using the solution, Bond Offshore [...]

Strikes Keep Oil Prices Up

April 29th, 2008

Labor actions that cut crude supplies from the North Sea and Nigeria helped keep oil prices up around $120 a barrel. BP PLC on Sunday shut down the Forties Pipeline System that carries more than 700,000 barrels of oil a day to the U.K. because of a 48-hour walkout by employees in a pension dispute [...]

East West Resource Corporation: Drilling Commences at Marshall Lake; Thunder Bay, Ontario

May 12th, 2008

East West Resource Corporation is please to announce that a 3000 metre core drilling program to test as many as 27 targets has commenced on their Marshall Lake Property. 15 drill targets were selected from airborne electromagnetic (VTEM) anomalies generated in the fall of 2007. The remaining targets are Induced Polarization (IP) anomalies in [...]

American Oil Hires New Finance Chief

June 30th, 2006

American Oil & Gas Names Joseph B. Feiten Chief Financial Officer, Effective Immediately
American Oil & Gas Inc., an oil exploration and production company, on Friday said it named Joseph B. Feiten as its chief financial officer, effective immediately.
He replaces Andrew Calerich, 41, who will remain as president.
Feiten, 54, was chief financial officer of gas exploration [...]

EnerJex Resources Reports Operating Income for the First Quarter and Increased Production

August 28th, 2008

EnerJex Resources, Inc. announce financial results from its first quarter ended June 30, fiscal 2009. The Company, which first began acquiring oil leases in April 2007, has delivered its first positive income from operations of $24,710. For the three months ended June 30, 2008, oil and natural gas revenues were $1.69 million.
Oil sales volumes on [...]

Petroleum Development Corporation’s Chairman and Chief Executive Officer, Steven R. Williams Will Present at the IPAA Oil & Gas Investment Symposium- West

September 30th, 2006

Petroleum Development Corporation today announced that Chairman and Chief Executive Officer, Steven R. Williams, will present to the investment community at the Independent Petroleum Association of America Oil & Gas Investment Symposium-West on Tuesday, October 3, 2006, at 12:40 p.m. ET via live audio webcast.
The live audio webcast of the presentation and accompanying slides can [...]