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Radisson Mining Confirms Issuance of Shares for Debt

July 19th, 2008
Radisson Mining Confirms Issuance of Shares for Debt

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. [...]

Mar Ked Mineral Exploration, Inc. Announces July 21, 2008 Effective Date for 3 for 2 Forward Stock Split

July 19th, 2008
Mar Ked Mineral Exploration, Inc. Announces July 21, 2008 Effective Date for 3 for 2 Forward Stock Split

Mar Ked Mineral Exploration, Inc., announces that a 3 for 2 forward split of the Company’s common stock will be effective at the opening of business on July 21, 2008. This action means that for every 2 shares of MKED stock outstanding at the time of the stock split will be converted into three shares [...]

Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

July 19th, 2008
Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

Oriental Minerals Inc. is pleased to announce it has amended payment terms for the acquisition of the Sangdong tungsten-molybdenum project in South Korea. The Company has also secured a $3 million interim loan financing from Longview Capital Partners, its largest shareholder.
Payment terms for the current installment due for the Sangdong acquisition have been amended to [...]

Gastar Exploration Ltd published its 2nd Q earnings

July 18th, 2008
Gastar Exploration Ltd published its 2nd Q earnings

Gastar Exploration Ltd is going to publish a report on its Earning. it will release its second quarter 2008 results on Monday, August 11, after the market closes. In conjunction with the release, Gastar has scheduled a conference call for 9:30 a.m. Eastern Daylight Time on Tuesday, August 12, that will be broadcast live over [...]

Mogul Energy International, Inc on Sea Dragon Energy Inc.’s IPO

July 18th, 2008
Mogul Energy International, Inc on Sea Dragon Energy Inc.’s IPO

Sea Dragon Energy Inc.’s IPO, has been notified that Sea Dragon Energy Inc. (”Sea Dragon”) closed its initial public offering (”IPO”) of common shares on the TSX Venture Exchange, on July 15, 2008, raising gross proceeds of CAD $35,000,000 at $0.60 per share. Mogul owns 4 million common shares of Sea Dragon through its April [...]

Natco Group Inc’s contract in libya worth $24.9M

July 18th, 2008
Natco Group Inc’s contract in libya worth $24.9M

Natco Group Inc, An oil services company, said Wednesday is has received a $24.9 million contract to provide membrane technology for an oil field off the Libyan coast. As part of the deal awarded in May, the company will supply a Cynara membrane system to capture carbon dioxide for re-injection into Bouri, Libya’s largest offshore [...]

Southern Star Energy Inc closed financing of $25 million

July 18th, 2008
Southern Star Energy Inc closed financing of $25 million

a fast-growing E&P company with reserves and production from leases located in northern Louisiana, Southern Star Energy Inc, published a report saying that it closed on a $25 million Senior First Lien Secured Revolving Credit Agreement (Revolver) with Macquarie Bank Limited. Proceeds from this facility will be used to fund the development of Southern Star’s [...]

Lucas Energy, Inc and Bonanza Oil and Gas; mining and exploration

July 18th, 2008
Lucas Energy, Inc  and Bonanza Oil and Gas; mining and exploration

A U.S. based independent oil and gas company, Lucas Energy, Inc, Told the press about an update on Bonanza Oil and Gas, Inc.’s Apclark Project, in which Lucas is a minority shareholder, located in Borden County. Bonanza Oil and Gas, Inc., an independent oil and gas company, reported that its Everett #7 well, the second [...]

Natural Gas discoveried by GeoGlobal Resourses Inc

July 18th, 2008
Natural Gas discoveried by GeoGlobal Resourses Inc

GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (”KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test - 3). During clean-up flow, the following stabilized gas/condensate rates [...]

Oil and gas exporation company, Rock Energy Resources, Inc on Modelling Assumptions

July 18th, 2008
Oil and gas exporation company, Rock Energy Resources, Inc on Modelling Assumptions

An independent domestic oil and natural gas company, Rock Energy Resources Inc, told the press that an audio replay of the conference call hosted by management yesterday afternoon has been posted to its web site. During the call, the Company’s founder, Chairman and CEO, Rocky Emery, and Vice Chairman Mark Harrington discussed topics primarily outlined [...]