Osage Terminates Participation in Rosa Blanca Concession

Osage Exploration and Development, Inc. (OTCBB: OEDV), has terminated its participation in the Rosa Blanca block in Colombia. After drilling the RB 1 well without finding producible hydrocarbons in Phase One of its exploration contract at Rosa Blanca and analyzing the corrected seismic data, Osage believes that it is unlikely that the additional structures on the property will be productive. Osage... 

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Osage Makes Casing Election on Rosablanca-1 Well

Osage Exploration and Development, Inc., in conjunction with its partners Gold Oil, plc, Lewis Energy Colombia, and EMPESA, SA has elected to case the Rosablanca-1 well. This decision was entered into after evaluation of the electric logs and sidewall cores taken from the well bore. “The Rosablanca section was thicker than we had anticipated and we encountered 30 feet of the lower Tambor sand... 

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Osage Drills Exploration Well on 165 Square Mile Colombian Prospect

Osage Exploration and Development, Inc, announce that Saturday, December 6 drilling has begun on its first exploratory well on the Rosablanca concession in Colombia. Osage is joined in the Rosablanca concession by Gold Oil plc, Lewis Energy Colombia and EMPESA, SA. “This well is the culmination of a project that was begun almost exactly two years ago,” stated Kim Bradford, Chairman and CEO, “we... 

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Oromin Explorations Ltd.: Progress at Santa Rosa Oil Project, Argentina

Oromin Explorations Ltd. advise that the environmental studies on the Santa Rosa Exploration Permit have been completed by our wholly-owned Argentine subsidiary and have been filed with the Environmental Control and Improvement Directorate of the Province of Mendoza. The Directorate will oversee the evaluation of the environmental studies by the appropriate government agencies and specialists prior... 

Drilling Begins at Fire Project, James Bay Lowlands, Ontario

Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north of Noront’s Eagle One high grade... 

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Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province... 

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Andean American Mining Engages CHF Investor Relations

Andean American Mining Corp. announced that it has retained the services of CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, Canada’s longest established and one of its most respected IR firms. John Huguet, Chairman and CEO, commented: “We are committed to proactively increasing and improving investor awareness of Andean American, in particular its dynamic resource... 

Gazprom probes Equatorial Guinea for oil and gas

Gazprom, the world’s largest producer of natural gas, and Russia’s largest enterprise, has disclosed that it is considering a plan to explore for gas and oil in Equatorial Guinea. A Gazprom spokesman told Mineweb that Gazprom’s deputy chief executive, Alexander Medvedev, was in Equatorial Guinea this week, and met the President, the Minister of Power, and the head of Sonagas, Guinea’s... 

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Petrolifera’s Argentina drilling success continues

Petrolifera Petroleum Limited announced today that its RN.PM a-1032 well, situated southwest of the recently-tested 1019 oil well on the northern portion of its Puesto Morales Block in the Neuquã©n Basin, Argentina, is in the process of being cased as an indicated multi-zone oil discovery after completion of drilling and logging procedures. This marks the fourteenth successive oil well or indicated... 

Norsk Hydro to Grow From Broader Oil and Gas Portfolio, Maintains Speed in Aluminium Repositioning

Hydro is well-positioned for long-term profitable growth in its energy and upstream aluminium operations but industry capacity constraints delay oil and gas production growth, the Norwegian-based company said at its Capital Markets Day. Growing Hydro’s oil and gas resource base, pursuing upstream aluminium growth opportunities and maintaining cost control remain top priorities, together with...