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Random News from Mining Top News

ITH’s Multi-Million Ounce Livengood Gold Deposit Expanded by Step Out Drilling

International Tower Hill Mines Ltd. announce the latest drill results from its 2008 resource expansion program at its bulk tonnage Livengood gold project near Fairbanks, Alaska. The exemplary results extend the higher grade Core Zone an additional 300 metres to the south of the southernmost holes used in the mid-year resource update announced October 29, [...]

Tag: ith driller

Alaska gas pipeline gets Conoco, BP, perhaps Exxon on board

The world of oil and gas pipelines has long seen its share of hopes and letdowns, and prospects to get Alaska’s massive gas reserves to market are on their way up. ConocoPhillips and BP announced last week they would bid on the pipeline, and perhaps Exxon Mobil would join it, The New York Times reports.
Alaska [...]

Chevron boosts capital budget Energy giant invests in oil, gas production amid records profits

Chevron Corp. will spend $19.6 billion in 2007 drilling new oil and natural gas wells, building offshore platforms and upgrading gasoline refineries — a 22.5 percent increase over the company’s capital expenses this year.
The San Ramon energy giant reported Thursday that it will use about 75 percent of the money to boost production of oil [...]

Rosetta Resources Inc. Revises Content of Fourth Quarter 2006 Earnings Release and Conference Call

Rosetta Resources Inc. announced that its Earnings Conference Call scheduled for February 21, 2007 will focus on results of operations for 2006 and the outlook for 2007. The Company made the decision to take additional time to complete its year-end closing process before releasing 2006 financial results. When the Company completes the year end closing [...]

Cairo may get coal-diesel plant

Developers of a refinery capable of transforming coal into clean-burning diesel fuel — and transforming the economy of Alexander County, Ill. — have been promoting their idea this week in meetings with area officials.
While the names of the investors are being kept secret, they have enlisted a retired Southern Illinois University administrator as a spokesman.
The [...]

Tag: cario illinois gasification plant

Radial Energy Announces Latest Progress in Latin America and U.S.

Radial Energy Inc. announced the most recent developments in each of the Company’s oil & gas projects, detailing significant progress in Peru, Colombia, Texas and Utah. Radial Energy is focused on acquiring and developing overlooked and under-exploited oil and natural gas reserves in North and Latin America and is moving forward rapidly on multiple fronts.
Radial [...]

Tag: gustavson isramco

Pantera Petroleum’s Sibley 84 #1 Well Completing Final Operations for Production

Pantera Petroleum, Inc. announces that the crew of the Sibley 84 #1 Well is completing the final operations over the next few days to bring the well into production. The crew is running the remaining production tubing into the well and intends to acidize the perforations, or holes made in the production formation through which [...]

Tag: 20 days to bring well to production

British Gas cuts energy prices

British Gas lowered its residential electricity and gas prices on Thursday in the latest salvo of a price war.
British Gas parent, utility Centrica, said the business was cutting electricity prices by 6 percent and gas prices by 3 percent. Coupled with cuts earlier this year this would reduce the average annual dual fuel bill by [...]

Mueller Industries, Inc. Declares Cash Dividend for Third Quarter

Mueller Industries, Inc., announced today that its Board of Directors has declared a regular quarterly dividend of 10 cents per share on its common stock. The dividend will be payable September 15, 2008, to shareholders of record on September 1, 2008.
Mueller Industries, Inc. is a leading manufacturer of copper tube and fittings; brass and copper [...]

JayHawk Energy Updates Drilling Activity on Cherokee Basin Project, Kansas

JayHawk Energy, Inc. is pleased to announce the continuation of its aggressive drilling program on their Cherokee Basin Project, located in Southeast Kansas. As previously released, unfavorable weather conditions has hindered drilling operations in the Kansas area, precluding drilling activity over the last several months.
JayHawk will commence drilling 20 new targets starting Monday, July 14, [...]

Tag: kansas basin activity, williston basin jayhawk oil co, jayhawk energy inc drilling, cherokee basin gas, shep wilbar