Northern Oil and Gas, Inc. reported a first quarter 2008 net loss of $187,000 or $0.01 per common share. Complete details of the company’s financial performance in the first quarter can be found its Form 10-Q which has been filed with the U.S. Securities and Exchange Commission.
Michael Reger, Chief Executive Officer of Northern said, “Northern [...]
A third diamond from the Baghain river basin near Kalinjar in Banda district has paved the way for mining of the precious mineral in Uttar Pradesh. The Department of Minerals and Mining had launched a survey of the river basin a few years back.
The first diamond was found in 2005 and the second in 2007. [...]
Venezuela’s proven crude oil reserves have increased by 30 percent, the country’s oil minister told a meeting of South American energy ministers.
Oil Minister Rafael Ramirez said Venezuela now has 130 billion barrels of proven oil reserves. After Canada’s massive reserves of harder-to-process oil sands, that is the biggest reserve outside the Middle East.
Ramirez said Venezuela [...]
Blue Energy announced that following positive results at Azure #1 it will continue its exploration drilling program in ATP 817P located approx 55km north west of Injune QLD. Following cased hole geophysical logging operations at Azure #1, the Company has confirmed 4.9m of continuous coal pay thickness previously estimated from geological reports during drilling of [...]
Nelson-based company Green Gate has started drilling an onshore exploration well near Amberley in north Canterbury.
Widespread Energy, which has an 11.7 percent shareholding in Green Gate, said that the Kate-1 well was spudded in last night.
It was expected to be drilled to a depth of 1100m and, all going well, should be finished within two [...]
Silver Falcon Mining, Inc. announces an additional mining lease grant for 1,700 acres from Gold Corp. Holdings, Inc. This additional lease has been added to the amended mining lease agreement, as reported on April 21, 2008, at no additional earn-in cost. Silver Falcon, under 15 year contract, has the mining rights to extract gold, silver [...]
Legend International Holdings, Inc, with phosphate projects in the State of Queensland, Australia, announces that it has entered into a long term offtake and supply agreement for a minimum of 3 million tonnes annually of concentrated rock phosphate from its Lady Annie project in Queensland, Australia, with Indian Farmers Fertiliser Cooperative Limited (“IFFCO”). Legend and [...]
Whiting Petroleum Corporation announced the promotion of Chuck LaCouture to Vice President-Marketing of Whiting Oil and Gas Corporation, its wholly owned operating subsidiary, effective immediately. Mr. LaCouture joined Whiting in January 2002 as Manager-Marketing and Business Development. Previously, he was with Whiting’s former parent company, Alliant Energy, in a similar position beginning in February [...]
The Sabah Government is sticking to its decision against building a coal- fired power plant in Lahad Datu.
State Tourism, Culture and Environment Minister Datuk Masidi Manjum said the government could not afford the environmental risks of such a facility close to key pristine conservation areas.
“We are aware of the argument that coal-fired plants in the [...]
