VAALCO Energy, Inc. announced that production at its Etame and Avouma / Tchibala fields in offshore Gabon, West Africa, has successfully been restored following the planned upgrade to the Floating Production, Storage and Offloading (FPSO) facility serving these fields.
During the upgrade, VAALCO installed an expanded flare system and increased the water processing capacity at the [...]
BP Alternative Energy announced the acquisition of Orion Energy, LLC., increasing its renewable capacity and position in the wind industry.
With the newly acquired generating capacity, the BP subsidiary based in Texas will increase its North American wind portfolio and gain the opportunity to develop almost 100 projects with a total potential generating capacity of about [...]
Coeur d’Alene Mines Corporation announced the resignation of Rick Irvine as Vice President and General Manager of the Company’s San Bartolomé silver mine, located in Potosi, Bolivia effectively immediately.
Leon Hardy will become Interim General Manager of the operation effective today. Leon was recently promoted to Senior Vice President of North American operations. Prior to his [...]
Queensland, Australia, coal mogul Ken Talbot Monday was arranged in the Brisbane Magistrates Court on 35 counts of allegedly making payments to a government minister.
The Queensland Crime and Misconduct Commission claims Macarthur Coal Managing Director Talbot paid former Queensland Cabinet Minister Gordon Nuttall nearly A$300,000 over three years. Talbot’s solicitor told the court Monday that [...]
U Mining Resources Inc. has today disseminated that the Company’s successful business endeavor to ally with an established Guinean firm will generate both short and long term improvements within the country. In addition, U Mining Resources Inc. and its new partners share an identical vision in Guinea and their interest in developing the country’s foundations [...]
Kodiak Energy, Inc., operating in British Columbia (“B.C.”) as Kodiak Bear Energy, Inc., submitted an application to the B.C. Oil and Gas Commission (“OGC”) for an extension to test the Muskwa shale gas potential on its leases. On August 12, 2008, Kodiak and partners received the formal extension approval from the OGC.
Kodiak and partners are [...]
Dana Resources announce that it has successfully acquired the Collota One Gold Prospect in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions.
The Collota One Gold Prospect is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera Negra, (Black Range [...]
Petromin announce that current production from the Company’s recently completed second well at Gilby in Central Alberta is at approximately 2 Million Cu. Ft of gas per day with approximately 50 barrels of 32 degree light gravity crude oil per day adding $115,000.00 per month in net revenues to the Company which retains 16 2/3 [...]
Denison Mines Corp. announced the discovery of three new zones of mineralization at its Mutanga uranium project in Zambia. The new zones were discovered during the drilling of the first three targets of Denison’s 2008 exploration program. The most significant hole (DMD77600-03) included 12.5 metres of 1,204 ppm eU3O8 at a depth of only 74 [...]
Blue Note Mining Inc. announced its acquisition yesterday of 12,571,500 common shares of Dynamite Resources Ltd. representing approximately 11.09% of the total issued common shares of Dynamite. The Dynamite shares were acquired on the TSX Venture Exchange for investment purposes at a price of $0.10 per share. Combined with the Dynamite common shares previously owned, [...]