Double Eagle Petroleum Co. has reported an update concerning its projects at the Atlantic Rim, Pinedale, South Fillmore, Nevada, Cow Creek Deep and Christmas Meadows.
At the Atlantic Rim of the Washakie Basin, Double Eagle still expects to spend approximately $40 million in 2007 drilling at our Cow Creek Field, for which we are the operator, [...]
On February 2, Sam Charanek, CEO of Source Petroleum, Inc. updated the investment community in an all-new interview with http://www.wallst.net/. Interview highlights include detailed discussions on the following topics:
- Up to 350 million barrels in the Alberta heavy oil sands district - Alberta interests’ potential net value of between $600 million and $800 million [...]
With Democrats in control of the Congress, the U.S. mining industry can anticipate the resurrection of mining law reform, more environmental and safety regulation, and a “big fistfight†in the next two years over climate change issues.
Meanwhile, government regulators warned, agency budgets to support and promote mining and exploration activity could shrink even further.
In a [...]
Granite Energy, Inc. (OTC: GNGI.PK - News; the company), today announced that its board of directors has unanimously approved, and the company has subsequently closed on its acquisition of Irving Technical Drilling, Inc. Irving Technical Drilling (ITC) is a Nevada-based corporation with operations in Texas and Oklahoma. Granite Energy targeted the ITC acquisition as it [...]
