Thompson Creek provides update on capital expenditure plans
… Creek Metals Company Inc., one of the world’s largest publicly traded, pure …
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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
… solution has been found. Boliden is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. Boliden’s main metals are zinc and copper. Other important metals extracted and refined …
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
… at Reed Lake. Canasia has been establishing a drill program for over a year and appears to be ready to drill early in 2009. This is …
SDRL - Seadrill secures new long-term tender rig contract in West-Africa
Seadrill has been awarded a new contract 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 duration of five years with comme …
Cadre Services Expands Operations to Northern Louisiana
Cadre Services, Inc announced the expansion of its operations to Northern Louisiana. The new regional operation, with facilities in Bossier City, will provide the full complement of Cadre services to customers in this growing energy-producing region. These …
Fox Petroleum Awarded Additional North Sea Oil Concession Rights by UK Govt
… modelling before firming up a drilling location. The group has 4 years in which to drill or drop the licence. Richard Moore (Fox …
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 …
