Meridian Reports Status Update On Weeks Bay No. 15 Well
The Meridian Resource Corporation announced that the Weeks Bay No. 15 well was recently placed on production. This well, located in Iberia Parish in the Weeks Island field, was sidetracked and drilled to approximately 8,900 feet measured depth and logged approximately 43 feet of overall prospective oil pay in the Miocene sand section. The well was put online last week and has produced at an average...
Tethys Petroleum: Protocol Signed for Northern Tajikistan Areas
Tethys Petroleum Limited announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent (“POI”) with the Ministry of Energy and Industry concerning the negotiation of a Production Sharing Contract (“PSC”) for exploration and production in certain prospective areas in the north of the country. In the POI it is agreed...
Ritchie Bros. sells record US$3.57 billion of equipment at 2008 auctions
Vancouver-based Ritchie Bros. Auctioneers conducted its final unreserved auctions of 2008 last week and is pleased to announce a preliminary gross auction proceeds estimate of US$3.57 billion for the year. This represents a 12% increase over 2007 gross auction proceeds, making this the largest year in the Company’s 50-year history. Ritchie Bros., the world’s largest auctioneer of industrial...
Copper Canyon and Egoli Gold Amend Abo Option Agreement
Copper Canyon Resources Ltd.and Egoli Resources Inc. (a private British Columbia Corporation) have agreed to amend Egoli’s option to earn a 75% interest in Copper Canyon’s wholly owned Abo Gold Property located in the Harrison Lake area of south-western British Columbia, approximately 130km east of Vancouver. Under the modified terms of the agreement, Egoli may earn a 75% interest in the...
Technip to Expand Its Subsea Umbilicals Facility in Angola
Technip confirms the expansion of its state-of-the-art Angoflex umbilical* manufacturing plant in Lobito, Angola to meet growing demand for longer length and larger diameter products on the West African market. Established in 2002, Angoflex is a joint venture between Technip and the Angolan national oil company Sonangol. On December 15, Bernard Di Tullio, Technip’s Chief Operating Officer, launched...
Southern Star Energy Announces New Cotton Valley Well Discovery From A.S. Burt 20-1 Well and Drilling Ahead to Test Haynesville Shale
Southern Star Energy Inc., a fast-growing exploration and production company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its A.S. Burt 20-1 Well with positive results. The well reached planned intermediate pipe depth of 9,530 feet on November 10, 2008. Subsequent to logging...
Technip Awarded Contract for the Charter of a Pipelay Vessel
Technip has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation. The contract includes engineering and support services, as well as an additional two-year option. The Normand Progress will be used for the installation and retrieval of flexible pipelines offshore Brazil,...
Regional Government of Lower Austria Acquires High-Resolution Map Data from Intermap Technologies
Intermap Technologies, a leading worldwide 3D digital mapping company, announced that highly accurate elevation models, derived from their fully collected NEXTMap® Europe program, were licensed by the survey section of GEOinfo, the organization responsible for the acquisition, generation, and dissemination of geodata in Lower Austria. Intermap’s uniformly accurate elevation datasets were acquired...
Technip Awarded a New Contract for the Gdansk Refinery in Poland
Technip has been awarded by Grupa Lotos a lumpsum contract, worth approximately €70 million, for the refinery in Gdansk, Poland. The contract covers engineering and procurement services for a new solvent deasphalting* unit. The unit will have a feed capacity of 180 tons per hour. Technip’s operating center in Rome, Italy, will execute the contract. This is the third contract assigned to Technip...
Technip Awarded Contract for Field Developments in the Dutch North Sea
Technip has been awarded by Wintershall Noordzee B.V. a lumpsum contract, to assist in the development of the E-18 and P-9 gas fields in the Dutch sector of the North Sea. The contract covers: * Assembly and installation of a 5.4 kilometer 10” rigid flowline (1) between the new E-18 platform and an existing platform, * Manufacture and installation of a 16.7 kilometer 8″ rigid flowline...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
