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Random News from Mining Top News

Canamens Signs Offshore Exploration Agreements in Morocco

Canamens announce the signing of a suite of agreements – including an Association Contract, a Petroleum Agreement and a Reconnaissance Contract, along with associated permits and a licence – to explore for oil in Morocco.
These agreements were signed in Rabat on 15th December 2008 between Canamens and Morocco’s Office National Hydrocarbures et des Mines (ONHYM).
The [...]

Anadarko Announces Promotions in its Finance Organization

Anadarko Petroleum Corporation announced a number of promotions including M. Cathy Douglas as Vice President and Chief Accounting Officer.
Douglas has nearly 30 years of experience with Anadarko in accounting policy, financial reporting, internal controls and risk accounting. She joined the company in 1979 and has held positions of increasing responsibility throughout her tenure, including her [...]

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Occidental Petroleum 2Q Income Declines

Oil and gas producer Occidental Petroleum Corp. said Friday its second-quarter income declined due in part to the seizure of assets by Ecuador.
Occidental recorded an after-tax loss of $347 million, which includes the end of its investment in Ecuador. That loss offset gains the company saw from higher production and gas and oil prices in [...]

Morgan Creek Energy Expands Its Ouachita Oil and Gas Lease Position With Additional Acreage

Morgan Creek Energy Corp. , has reached agreements to acquire a further 916 net mineral acres located in the immediate vicinity of its core targeted drilling area that forms part of the Company’s Ouachita (Wash-A-Taw) gas and oil exploration program.
The Company has identified seven separate potential areas of exploration interest and is now leasing on [...]

Patterson-UTI Reports Drilling Activity for February 2007

PATTERSON-UTI ENERGY, INC. reported that for the month of February 2007 the Company had an average of 257 drilling rigs operating, including 243 rigs in the U.S. and 14 rigs in Canada. For the two months ended February 2007 the Company had an average of 262 drilling rigs operating, including 247 rigs in the U.S. [...]

FX Energy to Present at IPAA Oil & Gas Symposium London

FX Energy, Inc. (Nasdaq: FXEN) announced today that the Company will make a presentation at the IPAA Oil and Gas Investment Symposium London. The presentation is scheduled for July 12, 2006, at 9:45 a.m. Eastern and will be webcast. A link to the webcast will be available on the homepage of the FX Energy website [...]

Coastal Petroleum announces drilling results and planned new wells

Coastal Petroleum Company will discontinue completion efforts at both the Evaline twin well and the Listou (Blaine County) well in Montana.
The Evaline twin well was drilled into the Lodgepole Reef that was targeted and encountered oil, but not in sufficient quantities for the Company to earn its interest under the Farmin Agreement (the “Agreement”) with [...]

Western Coal Announces Share Buy Back Program

Western Coal Corp announced today that it intends to file with the Toronto Stock Exchange a notice of its intention to make a normal course issuer bid for its common shares through the facilities of the TSX and the Alternate Investment Market of the London Stock Exchange.
Subject to TSX approval, Western intends to purchase [...]

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EIA Issues Production Study for Arctic Refuge

Opening the Arctic National Wildlife Refuge in Alaska to oil and gas production would increase U.S. crude oil production by an additional 780,000 barrels per day by 2027, according to a government study.
The report, prepared by the Energy Department’s Energy Information Administration for Sen. Ted Stevens, R-Alaska, says petroleum from the area would cut U.S. [...]

France’s Total among 15 in the dock over Erika oil spill

The first trial in France over a major environmental disaster will open on Monday to decide whether oil giant Total and other parties bear responsibility for the massive oil spill from the Erika shipwreck in 1999.
A 25-year-old rusting tanker, Erika was carrying 30,000 tonnes of heavy fuel oil when it sank off France’s Brittany coast [...]

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