Riverstone Completes Acquisition of Seajacks International

Riverstone Holdings LLC’s most recent renewable energy fund has successfully completed its previously announced acquisition of Seajacks International, for a total cash consideration of US$207 million. Seajacks is now wholly-owned by Riverstone and the management team. Seajacks currently owns and operates two self-propelled jack up vessels out of Great Yarmouth in the United Kingdom: the Seajacks... 

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Kosmos Energy’s Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

Kosmos Energy announces today that the company’s Mahogany Deep-2 well on the West Cape Three Points Block offshore the Republic of Ghana has encountered light oil in three stratigraphic intervals and successfully appraised the greater Jubilee area. The Mahogany Deep-2 well was drilled about 3 kilometers (2 miles) west of the Mahogany-3 well, Kosmos’ Mahogany Deep discovery well, to appraise the... 

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RedHawk Energy Acquires Xxtreme Group for $66.0 Million

RedHawk Energy Corporation announced that it has acquired 100% of the membership interests of Texas-based Xxtreme Pipe Services, LLC, Xxtreme Pipe Storage, LLC, Xxtreme Tubular Processors, LLC and Wolf Pack Rentals, L.L.C. (collectively, the “Xxtreme Group”) for $66.0 million in cash, preferred stock and assumed debt. The purchase price is subject to certain post-closing adjustments. Headquartered... 

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BPZ Energy to Transfer Listing to New York Stock Exchange

BPZ Resources, Inc. announces that it has received authorization to transfer the listing of its common stock from the NYSE Amex to the New York Stock Exchange (NYSE). The Company anticipates trading of the common stock on the NYSE, under its current ticker symbol “BPZ,” will begin on October 26, 2009. Manolo Zuniga, President and Chief Executive Officer, commented, “The move to the... 

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Terrane Metals Corp.: Mt. Milligan Receives Mines Act Permit From British Columbia Government

Robert Pease, President and CEO of Terrane Metals Corp. announce that the Company has received a Mines Act Permit from the Province of British Columbia for its Mt. Milligan Copper-Gold Project. Receipt of the Permit followed a comprehensive and detailed review led by the Mining and Minerals Division of the BC Ministry of Energy, Mines and Petroleum Resources. Robert Pease, President and CEO of Terrane,... 

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Hawthorne Commences Mining of Bulk Sample from Taurus

Hawthorne Gold Corp. announce the Company has commenced the extraction of a 10,000-tonne bulk sample from the Sable Zone located within the Taurus claim area. On August 14, 2009, the Company received the Notice of Work approval # 09-0100011-0814 from the Ministry of Energy, Mines, and Petroleum Resources to extract the bulk sample. The bulk sample will be stockpiled next to the Cassiar Gold Mine mill... 

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Fronteer Reports 87.5% Uranium Recovery From Aurora’s Pilot Plant Testing

Aurora Energy Resources, a wholly owned subsidiary of Fronteer Development Group Inc., announce that pilot plant leaching and resin-in-pulp (“RIP”) extraction tests on the Michelin and Jacques Lake uranium deposits in Labrador (the “Michelin Project”) provide strong support for the project’s viability and production potential. Highlights from the pilot plant and bench... 

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Technip Awarded Contract For a 800,000 Tons/Year Liquefied Natural Gas Plant in China

Technip has been awarded by Ningxia Hanas Natural Gas Company Ltd, a lump sum contract for of a mid-scale liquefied natural gas (LNG) plant to be built in Yinchuan, China. The contract covers the engineering, supply of main equipment, procurement and construction management services for facilities for natural gas pre-treatment, liquefaction, LNG storage and loading, utilities, offsites, buildings and... 

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Commencement of Bowmore Appraisal Well Drilling Operations in UK North Sea

Stratic Energy Corporation, a Canadian-incorporated international oil and gas business focused on adding value principally through the appraisal, development and production of existing discoveries, supplemented by a low to moderate risk exploration program announces that operator Nippon Oil Exploration and Production U.K. Limited commenced drilling operations on the 15/24a-J Bowmore appraisal well... 

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American Energy Resources Discovers Mid-Continent Oil in Gove County, Kansas

American Energy Resources, an established industry player in the mid-continent region for oil and gas exploration and drilling, announced the discovery of significant oil. The oil well, christened Bonita Springs 4A is located eight miles southeast of Oakley in Gove County, Kansas. This is the second oil well to successfully produce resources for American Energy Resources within the last month. “This...