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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, today announced a reduction in planned capital expenditures including the postponement of the completion of the expansion project at its …

December 5th, 2008

Venoco Scales Back 2009 Capital Budget Forecast

Venoco Scales Back 2009 Capital Budget Forecast

…  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 …  exploitation and development of oil and natural gas properties in California and Texas. Venoco operates three offshore …

December 5th, 2008

Svante Nilsson new President of Business Area Market at Boliden

Svante Nilsson new President of Business Area Market at Boliden

…  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 …

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 250 km south-west of Bogota has reached …  C7 formation. This well, drilled with a horizontal drain of 637 feet (194 meters), met the producing formation (Carbonera C7 sands) …

December 5th, 2008

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Announces Agreement Relating to Offshore Romanian Assets

Sterling Resources Ltd. announce that it has signed a Heads of Agreement with …  US $58-million and US $72.7-million, depending on the gas price achieved for the development project, ensuring Sterling is carried …  Resources Ltd. is a Canadian-listed international oil and gas company headquartered in Calgary, Alberta with assets in the United …

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 acres). Canasia has received partial …

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

…  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 …  contract has a duration of five years with commencement in the first quarter 2010, subsequent to delivery from the yard. Estimated …

December 5th, 2008

Cadre Services Expands Operations to Northern Louisiana

Cadre Services Expands Operations to Northern Louisiana

…  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 services include oilfield …

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

…  Petroleum Inc. announce that is has been awarded, in the 25th Seaward Licencing Round Awards, the rights to explore and develop the block 13/17 concession …

December 5th, 2008

Continental Nickel Reports Grant of Stock Options to a Director

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 …  of the options is subject to regulatory approval. Continental Nickel Limited is an exploration company focused on the exploration and …

December 5th, 2008