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Thompson Creek provides update on capital expenditure plans

Thompson Creek provides update on capital expenditure plans

…  Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, …  cash leaves Thompson Creek with a strong cash position and minimal debt of $18.1 million in equipment loans and puts the Company in an excellent position to weather the downturn in …

December 5th, 2008

Venoco Scales Back 2009 Capital Budget Forecast

Venoco Scales Back 2009 Capital Budget Forecast

…  remain very cognizant of the unusual financial times and are committed to managing our capital expenditures to sustain the company,” …  field,” Mr. Marquez noted. “Given the uncertain market environment, we will continue to evaluate and adjust our capital budget and …

December 5th, 2008

Svante Nilsson new President of Business Area Market at Boliden

Svante Nilsson new President of Business Area Market at Boliden

…  the company to take over as SVP of Business Development and Strategy at SCA. Svante Nilsson will also be the Acting President of …  is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. …

December 5th, 2008

Maurel & Prom: Increase in the Production and Extension of the Ocelote Field

Maurel & Prom: Increase in the Production and Extension of the Ocelote Field

…  appraisal well Ocelote-7, drilled in the Guarrojo exploration permit located in the Eastern Llanos, approximately …  (194 meters), met the producing formation (Carbonera C7 sands) at the highest structural position in the Ocelote field and confirmed its northern extension, which has significant impact in reserves …

December 5th, 2008

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Announces Agreement Relating to Offshore Romanian Assets

…  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 …

December 5th, 2008

Canasia Industries Corporation: Awarded Additional Coal Permits from Saskatchewan Government

Canasia Industries Corporation: Awarded Additional Coal Permits from Saskatchewan Government

…  Industries Corporation has received approval from the Saskatchewan Ministry of Energy and Resources on coal permits covering 46,080 hectares (approximately 99,000 …  covering 51,520 hectares (approximately 127,250 acres), and management anticipates receiving additional permits in the near future. …

December 5th, 2008

SDRL - Seadrill secures new long-term tender rig contract in West-Africa

SDRL - Seadrill secures new long-term tender rig contract in West-Africa

…  Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is currently under …  US$378 million, including mobilization, demobilization and minor upgrades. Alf C Thorkildsen, Chief Executive Officer in Seadrill …

December 5th, 2008

Cadre Services Expands Operations to Northern Louisiana

Cadre Services Expands Operations to Northern Louisiana

…  include oilfield construction, pipeline services, pump and fabrication services and material products. Joe Cucinotta has been named …  of Joe Cucinotta in Bossier City, we will be able to more effectively provide services to energy producers who are expanding in this …

December 5th, 2008

Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt

Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt

…  the 25th Seaward Licencing Round Awards, the rights to explore and develop the block 13/17 concession in the North Sea by the British …

December 5th, 2008

Continental Nickel Reports Grant of Stock Options to a Director

Continental Nickel Reports Grant of Stock Options to a Director

…  is an exploration company focused on the exploration and discovery of nickel sulphide deposits in geologically prospective, but under explored regions globally. Current projects include its 70% controlling interest in …

December 5th, 2008