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Random News from Mining Top News

BUREC drilling in Cloudcroft

Drilling for water in Cloudcroft began Friday by the Bureau of Reclamation on U.S. Highway 82 near the Sleepy Grass Campground entrance. The plan is to drill 1,200 feet, according to Mike Nivison, county commissioner and Cloudcroft village manager.
“Hopefully they will find some water there,” he said. The water will be for the village’s municipal [...]

Imperial Announces Closing of Debt Settlement Agreement

Imperial Petroleum, Inc., an oil and natural gas exploration and production company headquartered in Evansville, Indiana, announced today that it has closed the settlement agreement with its senior lender and as part of the closing, completed the sale of certain assets to Valley Falls Company for an undisclosed amount. The terms of the sale to [...]

Tag: imperial debt setttlement, haynesville shale in sabine parish, imperial debt settlment, closing on a debt settlement, imperial debt settlement inc

Denison Provides U.S. Operations Update

Denison has experienced delays in obtaining an Air Quality Permit, the only remaining permit required to mine Arizona 1, from the Arizona Department of Environmental Quality (“ADEQ”). The application for the Air Quality Permit, which relates to surface air quality, was submitted to the ADEQ in January 2008 after three months of consultation. Concern was [...]

Tidelands Oil & Gas Update on Sonterra Energy

Tidelands Oil & Gas Corporation , a midstream natural gas project development, natural gas pipeline, and NGL distribution company, today said it is updating shareholders and potential investors about the progress and achievements of its Sonterra Energy subsidiary.
“Sonterra Energy continues to see solid improvement year over year across all segments of its operations. During 2006, [...]

Maximus Resources Commences Drilling at Canegrass Iron Ore Prospect, WA

Maximus Resources announced that Company commenced exploratory core drilling of the magnetite iron ore and vanadium potential at its Canegrass Iron Ore Prospect. RC traverse drilling is expected to commence in latter part of June.
Original Announcement: Drilling Commences at Canegrass Iron Ore Prespect, WA

ASI Energy acquiring ownership in Gulf Coast oil and gas properties

ASI Energy agreed to buy a working interest in three oil and gas fields in the South Texas Gulf Coast region for $8 million.
ASI Energy, the oil and gas division of San Antonio-based Analytical Surveys Inc. , is not disclosing the identity of the owner of those fields.
If certain conditions can be met, including financing [...]

West Virginia: Violation for Mining Company

West Virginia regulators have cited a mining company for allowing workers in September to carry damaged emergency equipment into the Sago Mine, where an explosion in January killed 12 men. The heat indicators on six miners’ emergency air packs showed the packs had been exposed to excessive heat, the citation said. The violation notice was [...]

Independent Nickel Corp.: Shareholder Meeting Set for Hunter Dickinson Transaction

Independent Nickel Corp. announced today that, further to its announcement of a proposed transaction with the Hunter Dickinson group, it has set a meeting date of September 17, 2008 to consider the proposed $14 million financing by a private company in the Hunter Dickinson group. The record date for such meeting has been set as [...]

Island Oil & Gas starts drilling Old Head of Kinsale Well, offshore Ireland

Island Oil & Gas PLC said it has started drilling well 49/23-1 at the Old Head of Kinsale in the Celtic Sea, offshore Ireland.
The company said it spudded the well last night using a rig owned and operated by Petrolia Drilling and plans to drill to a total depth of around 4,220 feet.
Island said it [...]

Arctic takes brunt in dirty fight over oil

THE world’s largest untapped oil reserves – in the Canadian Arctic – have become the new front line in the battle between environmentalists and the energy industry.
Shell, a self-styled “green” energy company, is to invest billions of dollars in exploiting the Athabasca tar sands.
Environmentalists say the tar sands are the world’s dirtiest oil deposits and [...]

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