Development Company

Results 1 - 10 of about 73 news for the tag: Development Company.

Hebron Agreement Signals New Era in Province’s History

August 20th, 2008

Marking a new era of partnership in oil development in the province, the Honourable Danny Williams, Premier of Newfoundland and Labrador, and the province’s oil industry co-venturers today announced and signed the final deal for the development of the province’s fourth offshore oil project, Hebron. The Premier was joined by: the Honourable Kathy Dunderdale, Minister [...]

Homeland Energy Group’s Kendal Mine Produces First Coal

July 16th, 2008

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]

U.S. Energy Corp. Announces the Spudding of Its First Well With PetroQuest Energy, L.L.C.

July 16th, 2008

U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that PetroQuest Energy L.L.C. (”PetroQuest”) (PQ) has spudded the Bluffs Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well [...]

Petaquilla Copper Ltd. Preliminary Response to Inmet’s Bid

July 15th, 2008

On July 6, 2008, Inmet Mining Corporation announced that it intends to make an all-cash offer (the “Offer”) for all of the outstanding common shares of Petaquilla Copper Ltd. (the “Company”) (Toronto:PTC.TO) at a price of $2.00 per share.
Until the Offer is formally commenced and has been reviewed, the Board of Directors is unable to [...]

Khan Resources Extends Bid for Western Prospector; Advised That Shareholder Rights Plan Has Been Waived

July 11th, 2008

Khan Resources Inc. announced that Western Prospector Group Ltd. has advised that it has irrevocably waived the application of its shareholder rights plan to Khan’s offer to acquire the outstanding shares of Western Prospector (the “Offer”), as it may be amended or varied, in order to allow Khan to take up shares of Western Prospector [...]

Southern Regional Government Council Approves Infinity Energy Resources Offshore Nicaraguan Exploration and Development Contracts

July 7th, 2008

Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that the regional government council of the Autonomous Region of the Southern Atlantic (”RAAS”) voted to approve the Company’s offshore Nicaraguan exploration and development contracts on July 4, 2008.
“This represents the achievement of a critical objective in our quest [...]

Nevoro Updates on the Proposed Acquisition of Aurora Platinum Exploration Inc.

June 7th, 2008

Nevoro Inc. (”Nevoro”) (Toronto:NVR.TO) is pleased to announce that Aurora Platinum Exploration Inc., (formerly Aurora Metals (BVI) Limited), (OTC BB:AUPXF.OB) (”Aurora”) has received approval, of its common shareholders at its special shareholders meeting held yesterday (the “Meeting”), 97 % of the votes cast by the Aurora Shareholders voting in person or by proxy at the [...]

Silver Falcon Mining, Inc. (SFMI) Takes War Eagle Mountain Tailings Dump Samples; Reports on Road

May 28th, 2008

Silver Falcon Mining, Inc. today released the results of the first trip this year to the summit of War Eagle Mountain.
A cursory examination of the War Eagle tailings dump resulted in an upward revaluation of the quantity of ore held in that particular dump and samples taken at random showed definite signs of gold mineralization. [...]

Union Gold Inc. Enters Into a Binding Merger Agreement With Shoal Point Energy Ltd.

May 28th, 2008

UNION GOLD INC. a TSXV listed Company, announces that it has today entered into an binding agreement (the “Letter Agreement”) with respect to a proposed amalgamation or plan of arrangement, or other form of merger or business combination (the “Transaction”) with Shoal Point Energy Ltd. (”Shoal Point”).
About Shoal Point Energy:
Shoal Point Energy Ltd. is a [...]

Cabo to drill International Millennium Cobalt Area property in Ontario

May 17th, 2008

Cabo Drilling Corp., Ontario Division, has signed a drilling contract with International Millennium Mining Corp. (IMMC) for an initial 2,500 meters of diamond drilling near the Waldman mine on IMMC’s Cobalt Area Property in Ontario. The purpose of the program is to test several strong targets identified by a MMI (mobile metal ion) sampling program [...]