Victory Energy Corporation announced today it has received permit approval from the Texas Railroad Commission Oil and Gas Division to drill a second 12,500 foot well. This permit is in the Corporation’s current gas play in the Texas Permian Basin.
The permit is for the Strawn Limestone formation, located at a depth of approximately 12,500 feet. [...]
Victory Energy Corporation (OTC BB:VYEY.OB) announced today it has engaged consultants, industry experts in horizontal drilling technology, for the Canyon Sandstone formation. The horizontal drilling evaluation is for the Corporation’s gas play in the Texas Permian Basin.
The consultants are optimistic that horizontal drilling can be successfully adopted for the Canyon Sandstone formation due to the [...]
Piedmont Mining Company, Inc. announced the signing of a Letter of Intent with Nevada Eagle Resources LLC, a wholly owned subsidiary of Gryphon Gold Corporation (TSX: GGN), to enter into an ‘exploration agreement with option to form joint venture’ on a gold discovery by Duval International in 1985 at Morgan Pass, approximately 12 miles [...]
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 [...]
White Canyon Uranium announced it received final analytical results from the recently completed first diamond drilling program on the Daneros Uranium deposit at White Canyon, near Blanding, Utah. The Company reported high grade results confirmed with assay intervals of up to 3.4% U3O8 and 17% Cu; high grade zone extended to 250m, open to north [...]
White Canyon Uranium announced it received final analytical results from the recently completed first diamond drilling program on the Daneros Uranium deposit at White Canyon, near Blanding, Utah. The Company reported high grade results confirmed with assay intervals of up to 3.4% U3O8 and 17% Cu; high grade zone extended to 250m, open to north [...]
Uranium mining in the United States may be about to surge, a spike in claims being filed indicates.
In five Western states where uranium is mined, 43,153 claims were filed last year, up from 4,333 in 2004, the Los Angeles Times reported Sunday. The area of interest includes near the Grand Canyon, where U.S. Interior Department [...]
Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]
West Canyon Energy Corp., a Houston-based energy exploration and production company focused on high impact energy prospects in the continental United States, announced today that it has signed a Letter of Intent to acquire one-hundred percent (100%) working interest, in the Spring Creek Prospect.
On March 25, 2008 we entered into a letter of intent [...]
The government ordered a $420,300 fine after finding safety violations at a Utah coal mine.
Federal regulators say they assessed the fine against Andalex Resources Inc. for accumulations of coal dust and hydraulic oil on equipment at the Aberdeen coal mine in 2006 and 2007. The mine is near Price in Carbon County.
The government says dust [...]
