Ausam Energy Corporation announced that it has, through its wholly-owned subsidiary Noram Resources, Inc., signed an asset purchase agreement with a private company to acquire 20% undivided interest in certain oil gas properties which include approximately 19,500 gross acres (13,800 net acres) located in Caddo Parish, Louisiana, Miller County, Arkansas, and Cass and Marion Counties, [...]

Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]

PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]

AmMex Gold Mining Corp. announced that it has decided not to proceed with the acquisition of 100% of the mining rights to the Cold Creek Gold Project, located in Cassia County, Idaho, near the Utah-Nevada border.
Management and the Board of Directors concluded that the Cold Creek property, while being a property of merit, does not [...]

Radisson Mining announced it had entered into a Conditional Sale/Purchase Agreement for the purchase of 48 mining claims located in the township of Beauchastel in the Province of Quebec. This property was identified as the RM Nickel Property. Results of metallurgical tests recently received from SGS Lakefield Research Limited of samples generated from Radisson’s drill [...]

Petro-Canada is reporting oil and gas discoveries at two exploration wells: one in the U.K. sector of the North Sea and one in deep water off Trinidad and Tobago.
In Trinidad and Tobago, the Cassra-1 well in deep-water Block 22 was completed as a significant natural gas discovery. Petro-Canada operates the well and holds a [...]

EASTERN Petroleum Corp. is sinking an initial P100 million into a new subsidiary that will focus solely on alternative fuel projects, particularly ethanol.
In an interview with the Philippine Daily Inquirer, Eastern chair and chief executive Fernando Martinez said the new company, Eastern Renewables Corp., would be registered with the Securities and Exchange Commission within the [...]

Royalite Petroleum Company, Inc. has been issued its first drilling permit to drill a 8,500 ft. exploratory well on the Royalite State 16-1 prospect located in northern Piute Co., Utah and anticipates spudding the well on or before March 12, 2007. The well is located approximately 28 miles southwest from the nearest production in the [...]

Formalizing a decision it announced in April, Alliant Energy Corp. has asked state regulators for permission to build a coal-fired power plant in Cassville, expanding the existing Nelson Dewey facility.
The proposed 300-megawatt plant would provide enough power for about 150,000 homes. If approved, Alliant hopes to begin construction of the $777 million plant by June [...]

The new, cleaner coal technology “integrated gasification combined-cycle” - better known as coal gasification - holds promise as part of Wisconsin’s next generation of baseload power plants, a state report concludes.
The Department of Natural Resources and the Public Service Commission have been studying coal gasification, which is being pushed by environmentalists but has elicited a [...]