XTO Energy Inc. announced production results from wells drilled in multiple regions on its newly acquired property base. In the Bakken Shale play of North Dakota, the Company has now completed 5 wells with average production rates of 673 barrels of oil equivalent per day, primarily producing from the Middle Bakken shale section. In addition, [...]
A HUGE backlog of ships waiting to load coal at Newcastle Port is expected to cut earnings by more than half at Rio Tinto’s Hunter Valley coal operations.
Rio subsidiary Coal & Allied yesterday said it would report a profit of about $60 million for the second half of 2006, compared to $163.7 million in the [...]
Unico, Incorporated , a natural resource company in the precious metals mining sector, today announced that wholly- owned subsidiary Deer Trail Mining Company, Inc. has signed an agreement to acquire 70 additional mining claims covering 1,500 acres in Piute County Utah for the purpose of conducting exploration, evaluation, and mining activities, including pre-production feasibility studies [...]
MMC Energy, Inc. (BULLETIN BOARD: MMCN) (Deutsche Borse: JU1) today announced that has entered into a non-binding letter of intent to purchase Desert Power L.P., owner of a partially constructed 100 MW power plant located in Rowley, Utah for approximately $3.5M in cash and stock as well as the assumption of accounts payable and $28.7M [...]
Delta Petroleum (Nachrichten) Corporation , an independent energy exploration and development company (”Delta” or “the Company”), today reported operating results for the second quarter and first half of 2006.
RESULTS OF OPERATIONS
For the quarter ended June 30, 2006, the Company reported net income of $4.2 million, or $0.08 per fully diluted share, and EBITDAX (defined below) [...]
WW Energy Inc. is pleased to announce that it has entered into a letter of intent to acquire forty-one percent of a private company’s natural gas and oil interests in Montana. The assets are characterized by producing oil and gas assets along with associated facility infrastructure (twenty miles of pipeline). The properties also contain a [...]
WW Energy Inc. (Other OTC:WWNG.PK) announced today that its subsidiary WW Oil and Gas Inc. has acquired the mineral rights to property within the Uintah and Duchesne counties. These counties are located in the largest oil production area in Utah. The mineral rights to these properties are in the 5th largest Oil and Gas producing [...]
West Hawk Development Corporation (TSX VENTURE: WHD)(FWB: H5N) (the “Company”) is pleased to announce the advancement of both social processes and technical evaluation for its Mackenzie Valley Coal-to-Gas Project in Northwest Territories, Canada. Successful, preliminary meetings with Elders and Business Executives followed by public meetings with residents of Tulita and Norman Wells, NWT, have recently [...]
Brownstone Ventures Inc. (”Brownstone”)(TSX VENTURE:BWN.V - News) announced today that it has entered into a binding letter of intent, subject to regulatory approval, with Dejour Energy (USA) Corp. (”Dejour”), a wholly-owned subsidiary of Dejour Enterprises Ltd. (”DJE”: TSXV), to participate with Dejour and Retamco Operating Inc. (”Retamco”), a private Texas corporation, in the ownership, exploration [...]
International Uranium Corp. [TSX:IUC] has decided to reopen its Four Corners region mining operation after a seven year sabbatical. Located in the Western United States, three properties are expected to reopen: the Colorado Plateau, the Henry Mountains, and the Arizona Strip.
Four mines at the Colorado Plateau are slated to commence mining operations immediately with two [...]
