Mesa Power, a renewable energy company founded by billionaire Texas oilman T. Boone Pickens, placed an order for 667 wind turbines from General Electric Co. as part of a $2 billion startup of what is slated to become the world’s largest wind farm.
“You find an oilfield, it peaks and starts declining, and you’ve got to [...]
Wachovia Capital Markets analyst Tom Curran says Allis-Chalmers Energy’s drilling and completion operations in Argentina are being impacted by a labor dispute between labor unions and oil companies.
“Our source said that, thus far, the strike has prevented Allis-Chalmers from driving to certain locations and delivering equipment, but did not quantify how many or to what [...]
Coeur d’Alene Mines Corporation said today that the U.S. Forest Service has evaluated public and agency comments submitted on the Draft Supplemental Information Report for the Kensington Gold Mine in Alaska. Based on the responses and agency input, the Forest Service has announced that an Environmental Assessment (EA) is the preferred level of review, which [...]
Coeur d’Alene Mines Corporation said today that the U.S. Forest Service has evaluated public and agency comments submitted on the Draft Supplemental Information Report for the Kensington Gold Mine in Alaska. Based on the responses and agency input, the Forest Service has announced that an Environmental Assessment (EA) is the preferred level of review, which [...]
Paramount Gold and Silver Corp. is pleased to announce that it has signed a Letter of Intent to enter into a strategic alliance with Mexoro Minerals Ltd. The strategic alliance contemplates both companies combining their mining and exploration expertise including resources such as management, personnel, exploration equipment and mining concessions to maximize shareholder value [...]
Reed Resources Ltd (RDR) announced the completion of RC drilling program by JV partner Portman Iron Ore at the company’s Mount Finnerty project. Portman have earned 80% of the iron rights in the project. Better drilling results include 11m @ 61.42%Fe from 50m and 12m @ 62.67% Fe from 13m.
Original Announcement: Mt Finnerty Iron Ore [...]
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 [...]
Southern Star Energy Inc., is pleased to provide an update on the Company’s well the Rendall 7-2.
Southern Star Energy is pleased to announce continuing successful progress in its Sentell Field Development Program, Bossier Parish Louisiana. The Company has successfully completed two stages of very large volume, high rate “slick water†fracture treatments on its recently [...]
Emerging nickel producer Nickelore Ltd is pleased to announce that it has raised a total of A$1.02 million from a sale of the nickel rights in the Bardoc Nickel Project (BNP) to Minara Resources Limited (ASX: MRE.AX), and a small capital raising book build. The purchase agreement signed today is expected to complete on 4 [...]
Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $200,000 in financing through the sale of one new convertible debenture to Moore Investment Holdings, LLC, a Nevada limited liability company. The financing will be utilized to complete ongoing reconstruction and equipment [...]
