In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels’ capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch any significant upswing in the [...]

Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided a Vermillion Basin production update and announced the pending completion of rig mobilization in its Bakken oil play.
Vermillion Basin [...]

Brownstone Ventures Inc. and its joint venture partner, Dejour Enterprises Ltd. announced they have signed a joint venture agreement with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (6,300 net to Brownstone) in an area at the northwest [...]

Mr. Hal Blacker, President & COO of Dejour Energy USA Inc. announces a joint venture agreement has been signed with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (15,700 net to Dejour) in an area at the northwest [...]

Synergy Resources Corporation, a developmental stage oil and gas exploration and production company, today announced that it is scheduled to participate with a consortium of companies in a new oil and gas well. Participating with Synergy in this well are Kerr-McGee Oil & Gas Onshore LP and Petroleum Exploration & Management, LLC. The well is [...]

Freeport-McMoRan Copper & Gold Inc. announced in response to the recent sharp decline in molybdenum prices plans to reduce production from its Henderson primary molybdenum mine and to defer the restart of the Climax molybdenum mine.
Molybdenum markets have been strong in recent years, averaging $30 per pound in 2007 and $33 per pound in the [...]

Colorado Goldfields Inc. in conjunction with Blue Sky Water Technologies, Inc., of Folsom, California, has proven its ability to treat water issues at its Gold King Mine.
Results from Alpha Analytical, a nationally certified third-party testing laboratory in Sparks, Nevada, showed that Blue Sky’s technology removed five of the EPA’s “contaminants of concern.” Cadmium, copper, manganese, [...]

Orbit Garant Drilling Inc. announced that it has entered into a major contract with Newmont Mining Corporation to provide diamond core drilling services at their Boston project in Nunavut.
Under terms of the contract, Orbit Garant expects to complete specialized core drilling over a three-year period at the Hope Bay Project. The Company will utilize [...]

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, [...]

Basic Earth Science Systems, Inc. provided an update in its most recent Annual Report To Shareholders concerning the status of the well being drilled on its Banks Prospect farmout in McKenzie County, North Dakota. The Wil E. Coyote 2H-9 is operated by Panther Energy Company, LLC. (Panther). Under the previously disclosed farmout agreement Basic has [...]