Daybreak Announces Operational Update at Its East Slopes Project, Kern County California
Daybreak Oil and Gas, Inc., a Washington Corporation, is pleased to announce the following operational updates for its East Slopes Project in the San Joaquin Valley in California. The Company’s production facilities at its East Slopes Project in Kern County, California has been substantially completed. Some electrical work is remaining, but the facilities are operational. The oil from the Company’s...
Tonogold Resources Announces Acquisition of Goldstrike, Utah Gold Project
Tonogold Resources, Inc. has leased 120 unpatented mining claims (2,400 acres) covering key portions of the Goldstrike District in Washington County, Southwest Utah. Goldstrike is an advanced gold exploration project. The Goldstrike property consists of two mining leases covering areas of shallow historic open pits, separate unmined areas with thick gold drill intercepts, and untested structural and...
North American Energy Resources, Inc. Completes Gas Well in Washington County
North American Energy Resources, Inc., an early stage oil and gas exploration and production company, announced today that it has completed a gas well in the Mississippi Chat formation adjacent to its two recently completed oil wells. The well had been perfed and was acidized with 300 barrels of a 15% acid solution at 600 lbs. of pressure. The Company expects the well to flow gas within the week and...
Atlas Energy Announces Sharply Higher Results with New Technique in its Marcellus Shale Drilling Program
Over the past several weeks, Atlas Energy has successfully pioneered the use of a two-stage frac design for five of its vertical wells as part of its Marcellus Shale drilling program in southwestern Pennsylvania. Using this frac design, the Company has averaged initial rates of production for 24 hours into a pipeline of 2.1 million cubic feet per day (”Mmcf/d”), more than double the Company’s...
Beacon Redevelopment Industrial Corporation Completes Purchase and Development Agreements of its Coal Mining Rights and Receives Valuation Estimates
Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick Freeport Coal Seams in Western Pennsylvania. Beacon Energy Corporation will contract with...
North American Energy Resources Acquires Additional 25 Percent Interest in Gas Pipeline
North American Energy Resources, Inc. announce that North American Energy Resources, Inc., through Apwash Pipeline, LLC, has increased its ownership stake in approximately 16 miles of a natural gas pipeline located in Washington County, Oklahoma from 49% to 75% ownership. The pipeline will provide service to approximately 11,500 acres of potential leases that contain multiple zones of oil and coalbed...
Atlas Energy Resources’ Production of Natural Gas from Marcellus Shale Wells Exceeds 4 Bcf
Atlas Energy Resources, LLC announced that it has completed the drilling of 98 wells to the Marcellus Shale formation, of which 90 wells, some of which have been online for two years, currently have normalized production approaching 25 million cubic feet (“Mmcf”) per day into a pipeline. The remaining 8 wells will be turned into line by the end of year. The aggregate production from these wells...
Barrick to Joint Venture Midway’s Spring Valley Project, Nevada
Midway Gold Corp. announce that it has signed a term sheet with Barrick Gold Exploration Inc., a wholly owned subsidiary of Barrick Gold Corporation for an exploration agreement and option to joint venture Midway’s Spring Valley gold project, Pershing County, Nevada. “This agreement represents a milestone in the development of Spring Valley and fulfills our goal to advance the project towards...
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...
North American Energy Resources, Inc. Drills Second of Two Wells of Six Well Package
North American Energy Resources, Inc., announces that it has drilled the second of two wells of a six well package on leases located in Washington County, Oklahoma. Both wells were drilled into the Mississippi formation at depths of approximately 1,500 feet. Logs indicate both oil and gas shows from several zones beginning at depths as shallow as 650 feet which is consistent with the initial well drilled. The...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
