Great Western Minerals Group Ltd. announce it has engaged Barr Engineering Company (“Barr”) of Minneapolis Minnesota to update the 43-101 Technical Report for the Company’s Hoidas Lake Project. Barr is an employee-owned engineering and environmental consulting company involved with the development, management, and restoration of natural resources. With more than 40 years of experience...
Kodiak Energy, Inc. announces that its majority controlled subsidiary, Cougar Energy, Inc. (Cougar), has closed the property acquisition previously announced on August 11, 2009 consisting of wells, facilities and production from a private company with operations in and adjacent to the CREEnergy project. Additional information on the property acquisition is on our website at http://www.kodiakpetroleum.com/s/AdditionalProjects.asp. The...
Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to provide an overview of the current state of gold exploration in Nevada. Nevada is a world-famous, mining-friendly state and the leading gold-producing state in the United States. According to the January 2008 U.S. Geological Survey, in 2007, approximately...
American Petro-Hunter, Inc. update the ongoing activities at the #1 Lutters Well oil well at the Poston Prospect located in Trego County Kansas. American Petro-Hunter and the operator of the project, S & W Oil & Gas, LLC of Wichita, have determined that construction for the pad site and tank battery will begin on June 1st. The Operator has installed 5 1/2″ casing and cement in preparation...
American Petro-Hunter, Inc. announce that the #1 Lutters Well oil well on the Poston Prospect, Trego County Kansas has reached total depth (T.D.) at 4,400 feet. The well is currently being logged and analyzed for prospective oil shows and the Company anticipates information to be forthcoming from the field very shortly. The Company has posted photographs of the drilling activities which can be viewed...
American Petro-Hunter, Inc. views the recent price increases of crude oil as extremely positive news for both the economy and the Company. Last week, oil prices jumped to almost $58 a barrel thereby extending gains to near six-month highs on investor expectations that the global economic environment is beginning to grow and may begin to rebound before the end of the year. Oil has broken above the...
Deep Well Oil & Gas, Inc. and its subsidiaries announce that it has drilled five and is currently drilling the sixth well of the planned program. The drill program is meeting the objectives set out by Deep Well. Since the spudding of the well at location 12-14-092-13W5 on December 4, 2008, it has drilled four more wells at locations 09-16, 10-33, 07-05 and 08-04. Deep Well is presently drilling...
Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 million for exploration and production development operations in Colombia, Peru, and Argentina for 2009. This budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia,...
Purvin & Gertz announces the 2009 release of a new study focusing on bunker and fuel oil markets: Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This timely and comprehensive study is underway and will be completed by the second quarter of 2009. It will present an analysis of the issues, balances and economics of bunker fuel, stationary fuel oil...
Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the property. Mario Ayub, President of Minera Rio Tinto...