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Random News from Mining Top News

Delta Petroleum Corporation Announces Joint Venture and Additional Leasehold Acquisition in Columbia River Basin

Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced that it has signed agreements for two separate transactions in the Columbia River Basin of Washington and Oregon. The first is a transaction with EnCana USA, Inc., through which Delta has acquired all of EnCana’s net leasehold position and interest in wells [...]

Tag: delta petroleum news gray, oil and gas equipments and services joint venture acquisitions gulf, delta petroleum group, delta oil and gas columbia river, columbia river basin oil and gas

CSIRO joins coal gasification trial

A Western Australian gold company and Australia’s top research body are joining forces to trial a new coal mining technique in southern Queensland.
Metex and the CSIRO will burn coal deposits underground at three locations in the Surat Basin, west of Brisbane, and extract the gas for power generation and to produce liquid fuels like diesel.

Tullow boosted by Uganda drilling

An upbeat drilling report on its acreage in Uganda helped Tullow Oil shares jump by more than 5%.
Heritage Oil , Tullow’s partner on the project, announced that hydrocarbons in three zones totalling approximately 40 metres have been encountered in the Kingfisher -1A well in Block 3A, Uganda following drilling in the [...]

Norilsk Nickel boosts investment program

Norilsk Nickel has boosted its investment program by 50 percent to RUR34bn (approx. USD1.32bn), the company’s General Director Denis Morozov said in the interview for Norilsk Nickel’s corporate magazine. He explained that the company needed heavy investment in its production. Therefore, Morozov said that Norilsk Nickel would hike its ore production from 21m tonnes to [...]

Tri-Valley Forms Well Services Alliance and Sells Its Production Services Equipment

-Tri-Valley Corporation announced that it has established an alliance with Excalibur Well Services, Inc of Bakersfield, California and has sold all of its 100% owned Great Valley Production Services production rigs and equipment to Excalibur as part of an advantageous arrangement. The sale price was not disclosed.
“We originally formed Great Valley Production Services LLP because, [...]

Tag: excalibur well services corp bakersfield ca, excalibur drilling bakersfield ca, escalibur well services, great valley drilling company, excalibur oil in bakersfield

Saudi seeks to reassure markets on future oil supply

OPEC kingpin Saudi Arabia offered fresh reassurances to oil markets, underlining plans to increase production capacity sharply on the back of a massive 80 billion dollar investment.
“Saudi Arabia is working continuously to expand its ability to deliver energy to world markets and especially to the growing Asian market,” Saudi Oil Minister Ali al-Nuaimi said in [...]

Bayswater Confirms Discovery of Strong Uranium Targets at Brudell Lake Project in Athabasca Basin

Bayswater Uranium Corporation is pleased to report that interpretation of ground geophysical surveys has detected strong conductors at the Brudell Lake Project, and that diamond drilling at the Collins Bay Extension Project has defined anomalous uranium concentrations in favourable lithological and structural settings.
Brudell Lake Project
The Brudell Lake Project is located in the west-central part [...]

USCorp Junior Gold and Silver Exploration Company Update on Picacho Drilling

USCorp updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California.
Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s [...]

Tag: top junior silver mining stocks

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 [...]

Romarco Commences Drilling at Pinos Gold District, Mexico

ROMARCO MINERALS INC. is pleased to announce that drilling has commenced at the Pinos Gold Project, in Zacatecas Mexico. Romarco has contracted with R&R Incorporated Servicios de Perforacion Insemin S.A. de C.V., a drilling company based in Hermosillo, Sonora, Mexico.
Romarco will be drilling 11 holes (approximately 3,000 meters) to test continuity of the known [...]

Tag: romarco metals