Altai Now Owns 100% Interest in the Largest Land Package in Quebec’s St. Lawrence Lowlands Utica Shale Gas Fairway

Altai Resources Inc. announce that it has completed its acquisition of Petro St-Pierre Inc., a Quebec private company and Altai’s minority joint venture partner in its Sorel-Trois Rivieres gas property, St. Lawrence Lowlands, Quebec which was first announced in Altai’s press release of June 16, 2008. For the purchase of all the issued and outstanding shares of PSP, Altai issued 8,200,000... 

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Global Resource Corp. Reports Successful Test of Commercial Prototype of Its Microwave Technology-Based Process

Global Resource Corp, a developer of a patent-pending microwave technology and machinery for extracting oil and gas, today announced that the Company successfully completed the testing of a commercial prototype of its microwave technology for economically converting hydrocarbons, into oil and gas, from a wide variety of sources. The Company said that as a result of its successful tests it can now begin... 

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Chief Oil & Gas Welcomes Delivery of New Drilling Rig

Chief Oil & Gas and Union Drilling, Inc. unveiled the new AC QuickSilver drilling system in Lycoming County, Pennsylvania, the first-of-its-kind rig designed for horizontal natural gas drilling in the Marcellus Shale. “This is an exciting time for Chief Oil & Gas and the Commonwealth of Pennsylvania,” said William Buckler, Senior Vice President of Operations for Chief Oil &... 

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Mesa Uranium Acquires Utah Potash Project, Consolidates Shares

Mesa Uranium Corp. announce that it has filed potash exploration permit applications with the Bureau of Land Management. The project has excellent potential for potash from both solution mining and naturally-occurring potash brines. The 25,500 acre area (40 square miles), the White Cloud potash project, is located 40 miles north of our Lisbon Valley uranium project in southeastern Utah. Access and... 

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Goldnev Announces Initial Results From Its Oil Shale Drilling Program for Pasquia Hills

Mr. Marc Dame, President and CEO of Goldnev Resources Inc., announces that it has completed drilling a total of four of its planned ten core hole exploration and development drilling program on its oil shale permits in Pasquia Hills, Saskatchewan. The remaining six core holes subject to weather conditions are expected to be completed in the next 10 days. As previously announced, on July 30, 2008, Goldnev... 

Utah Senators Want Oil Shale Development

Utah’s Republican senators say Congress is set to extend a moratorium on commercial oil-shale development on federal land for another year. Sens. Orrin Hatch and Bob Bennett want to let the moratorium expire at the end of September and let companies develop shale as an alternative fuel. Hatch and Bennett said deposits in Colorado, Utah and Wyoming hold the potential to lead the country to energy... 

Gas drilling begins at Texan airport

In Texas, it seems they’ll drill for oil and gas just about anywhere. The state’s thirst for petroleum products was underscored on Tuesday when the Chesapeake Energy began drilling operations at an unlikely location — the Dallas/Fort Worth (DFW) International Airport. Roughnecks lowered a massive gold drill bit into the soil near one of the runways as a steady stream of airplanes... 

CanWest Petroleum Vice President Presents Key Note Address at SEDA Symposium in Prince Albert, Saskatchewan

CanWest Petroleum Corporation’s Vice President of Corporate & Strategic Development, Patricia A. Beatch, gave the key note luncheon address at the “Managing Through Change” symposium held by the Saskatchewan Economic Developers Association (SEDA) on Thursday, October 19, 2006, in Prince Albert, Saskatchewan. CanWest Petroleum and its subsidiary, Oilsands Quest Inc., were invited... 

Oil exec pushes greener energy

The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources. In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale ”inconceivable in recent memory,” says Shell Oil Co. president John Hofmeister. A year later, Hofmeister says he is disappointed that there has been ”not... 

Golden Odyssey Mining Inc.: Mexican Hill Geologic Program Completed

Golden Odyssey Mining Inc. has completed the geologic mapping and sampling program on its Mexican Hill project on the Carlin Trend in Elko County, Nevada. The project is located 40 miles south of Carlin, Nevada and is approximately 35 miles southwest and on trend with Newmont’s Rain and Emigrant Springs deposits. The work has confirmed a structural – stratigraphic setting similar to that...