Chesapeake Energy Corporation Announces $2.25 Billion Barnett Shale Joint Venture with Total E&P USA, Inc.

Chesapeake Energy Corporation announced the execution of an agreement for a $2.25 billion joint venture with Total E&P USA, Inc., a wholly-owned subsidiary of Total S.A. (NYSE:TOT, FP:FP) (“Total”), whereby Total will acquire a 25% interest in Chesapeake’s upstream Barnett Shale assets. Total will pay $800 million in cash at closing and will pay an additional $1.45 billion by funding 60%... 

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Yukon-Nevada Gold Corp. new CEO and COO

Yukon-Nevada Gold Corp., a North American gold producer in the business of discovering, developing and operating gold deposits announces that the Board of Directors has appointed Robert F. Baldock, CA(M), FCPA, FCMC to the position of President and CEO and Graham C. Dickson, B.Sc. A.R.C.S. to the position of COO. Mr. Baldock joined the Board of Directors of Yukon-Nevada Gold Corp. (“YNG”)... 

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Vena Resources Updates Exploration and Development Strategy

Vena Resources Inc. provide shareholders with an overview of its exploration and development strategy during these times of world-wide economic concern. Vena’s current cash position, including committed investments from our partners Cameco and Glencore is close to $9 million dollars. As it is currently unknown when the global economy will rebound, Vena has taken steps to preserve and allocate... 

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Macusani Yellowcake Announces Private Placement to Homeland Uranium

Macusani Yellowcake Inc. announced that it has entered into an agreement with Homeland Uranium Inc. for the purchase by Homeland of 7,619,047 units of Macusani at a price of $0.2625 per unit for proceeds to Macusani of approximately C$2 million. Each unit is comprised of one common share and 0.60 of a common share purchase warrant, with each whole warrant exercisable for a 24-month period to acquire... 

Gossan Retains Hatch to Provide Engineering Process Support for the Inwood Magnesium Project

Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba. The initial... 

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Zion Oil & Gas Signs Drilling Contract

Zion Oil & Gas, Inc. of Dallas, Texas and Caesarea, Israel announced today that it and Aladdin Middle East have signed a drilling contract. Last week, Zion’s Chief Executive Officer, Richard Rinberg, and the President and Chief Operating Officer of Zion, Glen Perry, visited AME’s offices in Ankara, Turkey, in order to inspect AME’s rig and equipment yard, meet with key AME personnel... 

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ABC Funding, Inc. Closes Acquisition of Voyager Gas Corporation for $42.0 Million

ABC Funding, Inc. announced that it closed its acquisition of all of the outstanding capital stock of Voyager Gas Corporation, for cash consideration of $35.0 million plus 10,000 newly issued shares of ABC’s Series D Preferred Stock, having an agreed upon value of $7.0 million. Upon the effectiveness of an amendment to the Company’s Certificate of Incorporation increasing the number of shares of... 

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Aker Solutions awarded another mining and metals contract

Aker Solutions was awarded the engineering, procurement and construction management for Kennecott Utah Copper Corporation’s new Molybdenum Autoclave Process (MAP) Project facility. The facility is to be located near Kennecott’s refinery west of Salt Lake City, Utah USA. The value of Aker Solutions’ scope is over USD 33 million out of the project’s estimated capital investment... 

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Fox Petroleum Acquires Shell Oil Seismic Data For Catcher’s Mitt Prospect in Alaska’s Cook Inlet

Fox Petroleum Inc. an independent oil and gas exploration and production company headquartered in London, England, focused on exploration and production in the USA and the UK, is pleased to announce that it has acquired a license to over 121 line miles of CDP seismic from Shell Oil Company covering Fox’s Catcher’s Mitt prospect. Hodgden and Associates have estimated the prospect’s potential... 

Red Dragon Resources Corp. Announces Property Acquisition in Chile

Red Dragon Resources Corp. announces that it has signed a heads of agreement with Compania Minera Viento Norte, a Chilean mining company, to acquire a variable interest in and to a group of mineral concessions in northern Chile known as the Valle Hermosa Project. The Valle Hermosa Project is located approximately 245km northwest of Santiago, the capital city of Chile and 43km northeast of the town...