Thompson Creek provides update on capital expenditure plans
… of capital expenditures, approximately $300 million had originally been planned for 2009. Thompson Creek expects to achieve its …
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Venoco Scales Back 2009 Capital Budget Forecast
Venoco, Inc. announced it will scale back its forecast of 2009 capital expenditures from $300 million to $225 million. “We remain very cognizant of the unusual financial times and are committed to managing our capital expenditures to sustain the company …
Svante Nilsson new President of Business Area Market at Boliden
Svante Nilsson has been appointed as the new President of Business Area Market, effective as of 1st January 2009, in conjunction with Ulf Söderström’s decision to leave the company to take over as SVP of Business Development and Strategy at SCA. Sva …
Maurel & Prom: Increase in the Production and Extension of the Ocelote Field
The appraisal well Ocelote-7, drilled in the Guarrojo exploration permit located in the Eastern Llanos, approximately 250 km south-west of Bogota has reached the Carbonera C7 formation. This well, drilled with a horizontal drain of 637 feet (194 meters) …
Sterling Announces Agreement Relating to Offshore Romanian Assets
Sterling Resources Ltd. announce that it has signed a Heads of Agreement with Melrose Resources plc relating to the Pelican XIII and Midia XV Blocks located in the Black Sea, offshore Romania. In exchange for a cash consideration and a carry on future inv …
Canasia Industries Corporation: Awarded Additional Coal Permits from Saskatchewan Government
… in the future. Management also is looking forward to drilling the gold/copper prospect at Reed Lake. Canasia has been establishing a …
SDRL - Seadrill secures new long-term tender rig contract in West-Africa
… by Cabinda Gulf Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is currently under construction. The contract has a …
Cadre Services Expands Operations to Northern Louisiana
… with Schlumberger, Weatherford, and most recently Bennett Drilling Services where he was operations manager for Northeast Texas and …
Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt
… awarded, in the 25th Seaward Licencing Round Awards, the rights to explore and develop the block 13/17 concession in the North Sea by … out geological and seismic modelling before firming up a drilling location. The group has 4 years in which to drill or drop the …
Continental Nickel Reports Grant of Stock Options to a Director
Continental Nickel Limited announce the grant, pursuant to its Stock Option Plan, of an additional 50,000 incentive stock options to a director at an exercise price of $1.50 per share with a term of five years. The grant of the options is subject to regula …
