Isilon(R) Systems, the proven leader in scale-out NAS, today announced that Geotrace, a leading reservoir services provider, has deployed Isilon IQ to power a robust suite of seismic data processing and analysis applications used to accelerate worldwide oil and gas discovery. Using Isilon scale-out NAS, featuring its OneFS(R) operating system, Geotrace has created a single global namespace for both...
Prize Mining Corp. and its Joint Venture Partner, Eagle Plains Resources Ltd., have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle...
Animas Resources Ltd. announce that it has signed a drilling agreement with Major Drilling de Mexico, S.A. de C.V. for up to 10,000 meters of drilling starting in October, 2009. The program details will be released shortly and will likely focus on two major centers of mineralization. In addition, the team plans to drill test several more conceptual targets where the geochemistry and geology are permissive...
Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,...
DIOS EXPLORATION INC. reports that its 2008 Radiometric Survey on UPINOR extends the main uranium zone discovered in the Fall of 2007 and outlines several new radioactive zones. That survey processing outlined eleven first-priority kilometric size uranium zones including many coincidental with uranium lake sediment anomalies. DIOS effectively received the final interpretation and processing report...
CHAMPION MINERALS INC. provide an update on the recently initiated field exploration program at the Company’s wholly-owned Attikamagen Iron Property, in western Labrador, 15km east of the town of Schefferville, Quebec. Labec Century Iron Ore Corporation (“CIOC”) is currently financing the Phase 1 exploration and development program on the Property pursuant to an option agreement with...
It is a classic tale of the developing world: a rich North American company discovers gold under pristine land and encourages the villagers to leave, offering money, homes in the city, soft-focus TV ads that tout the benefits of the project, and some tough talk. International environmental groups ”” complete with celebrities like Vanessa Redgrave ”” descend on the town to support the...
Petrolifera Petroleum Limited announced today that its RN.PM a-1032 well, situated southwest of the recently-tested 1019 oil well on the northern portion of its Puesto Morales Block in the Neuquã©n Basin, Argentina, is in the process of being cased as an indicated multi-zone oil discovery after completion of drilling and logging procedures. This marks the fourteenth successive oil well or indicated...