North American Gem Inc. Receives 69 Coal Prospecting Permits North of Hudson Bay, Saskatchewan

North American Gem Inc. announce that 69 Coal Prospecting Permits have been issued to the Company in Saskatchewan, near the most recent coal discovery by Goldsource Mines Inc.. The Coal Prospecting permits cover 134,600 acres (52,992 hectares) and comprise the first set of Coal Disposition Applications that were filed by North American Gem that received first priority status from Saskatchewan Energy... 

Canadian Superior Energy Announces Casing and Flow Testing of “Bounty” Well Offshore Trinidad

Canadian Superior Energy Inc. announced, as Operator of the “Bounty” well offshore Trinidad, that Canadian Superior and its partners, BG International Limited (“BG”), a wholly owned subsidiary of the BG Group plc (LSE:BGL.L – News) and Challenger Energy Corp. (“Challenger”) (CDNX:CHQ.V)(AMEX:CHQ) have unanimously agreed to case and conduct flow testing on the... 

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... 

Tag: oil prospect report, ilnycky calgary

Judge denies attempt to halt Keystone oil pipeline

A judge has refused to stop construction of a crude-oil pipeline that would be built by TransCanada Corp. through eastern North Dakota, saying state regulators took adequate safety precautions in deciding its route. North Dakota’s Public Service Commission did a thorough factual and legal review of its order allowing construction of the Keystone pipeline, district court judge Gail Hagerty said... 

Tag: oil and gas pipeline planned for bc

Xstrata in talks to buy Macarthur Coal

Xstrata has jumped back into the global merger frenzy. It emerged yesterday that the miner is the mystery bidder that forced Macarthur Coal, Australia’s largest independent coal producer, to announce 10 days ago that it had been approached about a possible takeover. Macarthur and its top two shareholders, who it admitted had also been approached, have kept silent about the identity of its suitor... 

Alba seeking $1bn payout from Alcoa

ALBA is seeking more than $1 billion (BD378 million) in damages from a US corporation it has accused of corruption, it has emerged. Court documents obtained by the GDN allege the company paid exorbitant prices for alumina, amounting to hundreds of millions of dollars and which continue to accumulate today. They state the ‘outrageous’ 15-year fraud was not discovered until last year because... 

Tag: guinea alcoa, dadco group

Dubal sees project delay

State-owned smelter Dubai Aluminium (Dubal) will not be able to start a $3.6 billion bauxite alumina project in the Indian state of Orissa in 2009 due to bureaucratic issues, a Dubal official said yesterday. “Due to the bureaucratic shape in Orissa and negotiations and papers we have to go through, there will be a delay on the start-up of the project, but it is hard to say how long the delay... 

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Canadian Superior Launches Kan Tan IV Semi-Submersible Drilling Rig Out of Brownsville Harbour to Trinidad

Canadian Superior Energy Inc. Speaking from the dockside of the harbour in Brownsville, Texas, Canadian Superior’s Chairman, Greg Noval, said today at 7:00 AM Central Daylight Time, “We have launched the Kan Tan IV semi-submersible drilling rig on its way to Trinidad. The rig is being towed to Trinidad by Secunda International Limited of Nova Scotia, Canada and Tidewater, Inc. of Houston,... 

Tag: kan oil and gas services, canadian superior energy mark gillis, kan tan 4 oil rig, block 5c gas fields intrepid victory bounty endeavour, brownsvilleharbour

Canadian Superior Launches Kan Tan IV Semi-Submersible Drilling Rig Out of Brownsville Harbour to Trinidad

Canadian Superior Energy Inc. Speaking from the dockside of the harbour in Brownsville, Texas, Canadian Superior’s Chairman, Greg Noval, said today at 7:00 AM Central Daylight Time, “We have launched the Kan Tan IV semi-submersible drilling rig on its way to Trinidad. The rig is being towed to Trinidad by Secunda International Limited (‘Secunda’) of Nova Scotia, Canada and Tidewater,... 

Albidon says gets $60 mln for Zambia nickel mine

Australia’s Africa-focused miner Albidon Ltd said on Monday it had secured $60 million of senior debt financing from two major European banks for its flagship nickel project in Zambia. “The European Investment Bank (EIB) and Barclays Capital have formally approved and signed a senior debt finance facility of up to US$60 million for the Munali Nickel Project,” Albidon said in a statement. Albidon...