Transocean Inc. today announced that its deepwater moored semisubmersible Transocean Marianas, capable of drilling in water depths up to 7,000 feet, has been awarded a two-year contract by a subsidiary of Eni. The contract is scheduled to commence in December 2009 following completion of the rig’s existing contract commitments in the U.S. Gulf of Mexico.
Estimated [...]

Energas Resources, Inc. announced today that the company is currently waiting on the completion rig to move onto the Finley #5 well location in Niobrara County, Wyoming. The completion rig contractor has reported an unexpected delay on their previous job for an unrelated company and plan to move to the Finley #5 location upon conclusion.
“We [...]

Aztec Oil & Gas, Inc. previously announced that the Company had completed the drilling of two new wells for its Aztec 2007A Limited Partnership. The wells, Williams #1 and #2, were drilled in Tyler County, West Virginia to a depth of approximately 5,000 feet each. Logs on both wells indicated substantial reserves. Today, Aztec is [...]

DIVERSIFIED and specialist chemical services group Omnia, which yesterday posted a 30% increase in headline earnings per share to 724,5c for the year ended March, said there was significant potential for its mining division to expand into Africa.
CEO Rod Humphris said: “We remain particularly bullish on prospects for coal and uranium mining as a host [...]

Cardero Resource Corp. (”Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (”LOI”) with Ethos Capital [...]

Marathon Oil Corp. began work to add capacity to its Detroit refinery after receiving approval from state authorities.
The $1.9 billion project will boost the facility’s capacity to 115,000 barrels per day from 102,000 barrels per day — including 80,000 barrels per day of heavy oil, like that held in oil sands.
The project is slated for [...]

Silver Dragon Resources Inc. announced today that the Company has duly paid the state compensation tax (royalty) for the privatization of the Erbahuo silver mine pursuant to applicable Chinese laws. The payment of RMB 4,468,600 (approx. US$650,000) was made to the local provincial department of China’s Ministry of Land and Resources, the agency responsible for [...]

Pinnacle Mines Ltd. (”Pinnacle”) and Tenajon Resources Corp (TSX-V:TJS; “Tenajon”) are pleased to announce that they have closed the transaction announced on April 21, 2008 and Pinnacle has now purchased Tenajon’s wholly owned subsidiary, 0781639 B.C. Ltd. (the “Corporation”). The Corporation holds an undivided 40% ownership interest in and to the Kansas Claim and a [...]

Mantle Mining Corporation advised that it is currently completing detailed planning and targeting for a major acceleration in the scope and intensity of activities at its Gold projects. The Company’s Gold portfolio consists of three projects, all of which are in historic Gold mining provinces. All three projects have each recently seen completion of detailed [...]

Continental Resources, Inc. announced initial results from its Bice 1-29H well completed in the Three Forks/Sanish formation in the North Dakota Bakken Shale area. The Dunn County well, in which Continental has a 41% working interest, is the Company’s first well to be completed in the Three Forks/Sanish formation. Previous wells drilled by the Company [...]