Canadian International Minerals Inc – Rare earth, tantalum, silicon exploration targets acquired

Canadian International Minerals Inc (CIN) announce the acquisition of 100% interest in the Ladybug and Sugar pegmatite claims located in the Monashee region of east central British Columbia. Both claim groups lie in the Vernon East Half (GSC) geological map sheet, a region of B.C. that has seen very little exploration or detailed mapping. The claim groups were staked to cover drainages with anomalous... 

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Alliance Resource Partners, L.P. Announces Approval of Tunnel Ridge Mine Opening

Alliance Resource Partners, L.P. announced that the board of directors of its managing general partner has approved the opening of a new mine for the immediate development of ARLP’s Tunnel Ridge reserves. The Tunnel Ridge reserve area encompasses approximately 9,400 acres of land located in Ohio County, West Virginia and Washington County, Pennsylvania and includes approximately 70.5 million tons... 

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MDU Resources Reports Positive Initial Results From Three Forks / Sanish Well

MDU Resources Group, Inc. has announced that its indirect wholly owned subsidiary, Fidelity Exploration & Production Company, recently completed its first operated well in the Three Forks/Sanish formation in the Bakken shale area in Mountrail County in North Dakota. After the fracture stimulation treatment, the Domaskin 11-29H well’s average production over the past five days was 634 barrels... 

Exco Boosts Its Capital Budget

Oil and natural-gas producer Exco Resources Inc.’s board approved a $123 million increase in its 2008 capital budget, to $923 million. The increase includes $90 million for the more drilling in the company’s Haynesville Shale position in Louisiana, $30 million for additional drilling in its Vernon Field in Louisiana, $2 million for additional Cotton Valley drilling in Texas and $1 million... 

Anadarko Petroleum to sell two fields for $1.8bn

Anadarko Petroleum Inc Tuesday announced that it has agreed to sell its two Louisiana oilfields to Exco Resources for $1.8 billion in cash. Anadarko Petroleum mentioned that the Vernon and Ansley fields produce 192 million cubic feet of equivalent per day from about 350 wells and have six drilling rigs and four workover rigs at work, which are used to restore or increase production, the company added.... 

Superior Oil & Gas and HOCO Drilling to commence drilling in Oklahoma

HOCO Drilling LLC is set to drill the first well in a four-well drilling program with Superior Oil and Gas Co. Vernon Brock, President and Manager of HOCO Drilling stated “We are now participating in the program as a working interest partner with Superior Oil and Gas Co. The wells will be drilled to depths below 11,000 feet. The Lonesome River #1 Well location has been surveyed, and we await... 

Candorado Confirms Mineralization within the Recently Released 2005 Multi-Sensor Airborne Survey in the Canim Lake Area of Central British Columbia

Candorado Operating Company Ltd. : The Geological Service of Canada has recently released the data of the 2005 Airborne Multi-sensor (gamma ray spectrometer, total field magnetic, and VLF-EM) survey covering the area north of Canim Lake to Horsefly in Central British Columbia. In early 2006, Candorado acquired, through a 50/50 staking joint-venture, more than 80,000 acres within the surveyed area....