Dick Whittington, President and CEO of Farallon Resources Ltd. provide an update of activities at the Company’s G-9 polymetallic (zinc, copper, lead, silver, gold) operation on the Campo Morado property in Guerrero State, Mexico, as well as a general corporate update.
As announced in August 2008 mining at G-9 has proceeded based on a 17-month [...]
Orbit Garant Drilling Inc. announced that it has entered into a major contract with Newmont Mining Corporation to provide diamond core drilling services at their Boston project in Nunavut.
Under terms of the contract, Orbit Garant expects to complete specialized core drilling over a three-year period at the Hope Bay Project. The Company will utilize [...]
Uranerz Energy Corporation announce that the Company and its joint venture partner, Bluerock Resources Ltd., have completed the sale of 100% of their Mongolian joint venture project to Jindal Steel & Power (Mauritius) Limited for an aggregate gross sales price of U.S. $2.6 million (the “Divestiture”). The Mongolian joint venture assets, transferred by [...]
Uranerz Energy Corporation announce that the Wyoming Department of Environmental Quality (”WDEQ”) has deemed the Company’s application to build and operate an in-situ recovery (”ISR”) uranium mine “complete” and the WDEQ review process can now move to the next stage. The next stage includes a detailed technical and environmental review of the application and notification [...]
Evolution Petroleum Corporation reported record production for the fiscal fourth quarter and year ended June 30, 2008 (”Q4 08″ and “FY 08″).
Sales volumes for Q4 08 were 18,237 barrels of oil and natural gas liquids (”BO”) and 53 million cubic feet of natural gas (”MMCF”), or 27,095 barrels of oil equivalent (”BOE”). This is an [...]
Uranerz Energy Corporation announce receipt of a positive Preliminary Assessment on the economics and technical viability of the Company’s Nichols Ranch Uranium In-Situ Recovery (”ISR”) Project in the Powder River Basin, Wyoming, USA (the “Project”) and the filing of a related NI 43-101 technical report. The mine plan for the Project includes a central processing [...]
ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, announced today that it has recently formed a new Oil & Gas Services Division to address growing customer demand in the oil and gas industry for the company’s wireless products and services. Utilizing the resources of its rapidly expanding wireless broadband networks in [...]
Major Drilling Group International Inc. announced that it has completed the purchase of the exploration drilling company Forage à Diamant Benoit Ltée (”Benoit”) based in Val-d’Or, Québec (Canada) for an aggregate purchase price of $21,000,000 (consisting of approximately $17.5 million in cash and $3.5 million in liabilities) subject to customary price adjustments.
Through this purchase Major [...]
Gulf Island Fabrication, Inc. has announced today that its board of directors declared a dividend of $0.10 per share on Gulf Island Fabrication, Inc.’s approximately 14.3 million shares of common stock outstanding. The dividend was declared during a regular meeting of the board held on July 25, 2008 and is payable August 19, 2008, to [...]
Bonanza Oil and Gas, Inc a Nevada Corporation and an independent oil and gas company, Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The first of four proposed wells are being staked and location constructed for an August 2008 spud date. “The Company is delighted that [...]
