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 [...]
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 [...]
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 [...]
Selwyn Resources Ltd. updates shareholders on its 2008 exploration activities. The 2008 drilling program is now complete with 3,857 metres drilled in 13 drill holes. The discovery of high-grade mineralization in the XY West Zone and success in the deep drilling in the Don East deposit are the highlights of the program. The later has [...]
Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced that it has received commitments from its expanded bank group for a new $590 million revolving credit facility (the “credit facility”) with an initial borrowing base of $295 million, an increase from the previous borrowing base of $250 million. The increase to [...]
New Frontier Energy, Inc., a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States, today announced that it has finished preliminary testing of the Federal 12-1 well at the Focus Ranch Unit.
“We are pleased with the initial results for the Federal 12-1 well, and we [...]
Suncor Energy Inc. announced that its Board of Directors has approved a $6 billion capital spending plan for 2009. Approximately $3.6 billion in spending, or about 60% of the total, is targeted to Suncor’s Voyageur oil sands growth strategy.
“Following a thorough review in light of current financial market conditions, we’ve modified our capital plans for [...]
Hatch Ltd. has been awarded the Project Management Institute (PMI) Project of the Year Award for its expansion of Quebec Iron and Titanium’s (QIT) Upgraded Slag (UGS) plant in Sorel-Tracy, Quebec, Canada. Hatch’s project was selected from a host of successfully completed projects from around the world. This award, presented on 18 October at PMI® [...]
Colorado Goldfields Inc., announces that the 2008 drilling program has been successfully completed. Several hundred pounds of surface and core samples have been sent to Skyline Assayers & Laboratories in Tucson, Arizona for analysis. Skyline is recognized as an industry leader for all types of base metal, ferrous and non-ferrous analysis including high quality ore-grade [...]
