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EXCO Resources, Inc. Announces Agreement to Acquire Mid-Continent and South Texas Oil and Natural Gas Properties for $860 Million in Cash

EXCO Resources, Inc. announced an agreement to acquire producing oil and natural gas properties, acreage and other assets in multiple fields located in the Mid-Continent, South Texas and Gulf Coast areas of Oklahoma and Texas from Anadarko Petroleum Corporation for $860 million in cash, subject to customary purchase price adjustments. The acquisition includes [...]

Alternate Energy Corp. Announces Letter of Intent for the Merger of Treaty Petroleum, Inc.

Alternate Energy Corp. announced that it has entered into a Letter of Intent (LOI) with Treaty Petroleum, Inc. pursuant to which Treaty will merge with a wholly-owned subsidiary of Alternate Energy. In consideration of the merger, the shareholders of Treaty would receive at the closing a number of shares of Alternate Energy’s common stock, which [...]

SWEPCO Says It Will Build Coal-Powered Plant in Fulton, Arkansas

Southwestern Electric Power Co. said that a coal-fueled, 600-megawatt power plant will be built on a site near Fulton in southwest Arkansas.
The $1.3 billion plant announced Wednesday by SWEPCO is part of a plan that includes gas-powered plants at Tontitown in northwestern Arkansas and at Shreveport, La. The plant near Fulton, in Hempstead County, would [...]

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Anooraq obtains key regulatory approvals relating to the acquisition from Anglo Platinum of a controlling interest in the Lebowa Platinum Mine

Anooraq Resources Corporation announces that it has received key approvals required for implementation of its transaction with Anglo Platinum Limited for the acquisition of an effective 51% equity interest in the Lebowa Platinum Mine, together with an additional 1% controlling interest in the parties’ current joint venture projects, namely the Ga-Phasha Project, the Boikgantsho [...]

Berong sets P1.2B nickel project

Berong Nickel Corp., a unit of publicly-listed Atlas Consolidated Mining and Development Corp. is investing P1.2 billion to produce nickel in its Quezon, Palawan site.
Operations would start next month with total capacity of 1.47 million metric tons per year.
The project is a joint venture among Atlas, UK-based Toledo Mining Corp. plc (TMC) and Investika Ltd. [...]

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Williams Industries, Inc. Announces Third Quarter 2008 Results

Williams Industries, Inc. (Other OTC:WMSI.PK) today announced results for the third quarter of Fiscal 2008, which ended April 30, 2008. The company had revenue of $9,491,000 and a loss of $465,000 or $0.13 per share, compared to the 2007 third quarter revenue of $11,474,000 and a loss of $660,000 or $0.18 per share. For the [...]

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BP Lubricants USA, Inc. Company Profile

BP Lubricants USA (formerly Castrol Consumer North America) spends as much time on top of a hood as it does under them. The company, the Castrol brand sponsor of a variety of drag racing, funny car, and Formula 1 racecar drivers, is a distributor of Castrol synthetic lubricants to automotive service providers and retailers in [...]

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Uranium to Gain on Plants, Merrill Says

Uranium prices may gain as Japan, South Korea, India and the United Kingdom build more nuclear reactors to meet rising energy demand, Merrill Lynch & Co. said.
Uranium for immediate delivery may average $43 a pound this year, Vicky Binns and Daniel Hynes said in a July 12 report. This is 8 percent higher than Merrill’s [...]

Roc Oil Signs Angolan Drilling Deal with Simmons Drilling

Roc Oil has signed a two-year contract with Simmons Drilling Overseas Limited for the Simmons 80 Rig, which is expected to start drilling onshore Cabinda between March and May 2007. The 1,200 horsepower rig is currently being upgraded in Dubai, and is capable of drilling to 4,000 meters in conventional hole sizes. Under the terms [...]

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Royal Roads & Benton award drilling contract to drill new copper sulphide zone on Long Range Joint Venture, Newfoundland

Royal Roads Corp. and Benton Resources Corp. announce awarding a drill contract to commence diamond drilling of the recently discovered copper sulphide zone on the Long Range Joint Venture property in central Newfoundland. The contract has been awarded to Logan Drilling of Stewiacke, Nova Scotia and is expected to commence the week of October 12, [...]

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