Hyperdynamics Corporation announced that its Louisiana based oil production operations reported gross oil sales of approximately 15,592 barrels for the 4th quarter ending June 30, 2008. The Company’s revenue derived from this production is approximately $1,260,000. This sets a new production record and represents the highest quarterly revenue ever for the company.
June oil sales held [...]
MAX Resource Corp. is pleased to announce that drilling has begun at its Ravin molybdenum/tungsten property in Lander County, Nevada. The Ravin property is comprised of 162 claims located 20 miles north of the town of Austin in Central Nevada and approximately 50 miles west of General Moly, Inc.’s (AMEX & TSX: GMO) Mount Hope [...]
Almaden Minerals Ltd. has received results from a 2008 winter exploration program on its 57.7% owned ATW diamond property located at Mackay Lake, NWT. The project is located proximal to a number of active diamond projects: The Diavik Mine lies about 18 miles north, the Snap Lake Project is about 42 miles southwest, and Mountain [...]
PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]
In response to inquiries, Precision Drilling Trust (”Precision”) clarified today for its unitholders that it will immediately re-approach the board of directors of Grey Wolf, Inc. (”Grey Wolf”) with its June 24, 2008 US$10.00 per share proposal if the merger agreement with Basic Energy Services, Inc. (”Basic”) is terminated.
Precision will await the outcome of [...]
WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (”Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that its wholly-owned subsidiary, Wuxi Seamless Oil Pipes Company, Limited (”WSP China”), [...]
Challenger Energy Corp., along with its partners Canadian Superior Energy Inc. (”Canadian Superior”) (Toronto:SNG.TO)(AMEX:SNG), and BG International Limited (”BG”), a wholly owned subsidiary of the BG Group plc (LSE:BGL.L), announced today they have unanimously agreed to case and conduct flow testing on the “Bounty” well located approximately 65 miles off the east coast of the [...]
Canadian Superior Energy Inc. announced, as Operator of the “Bounty” well offshore Trinidad, that Canadian Superior and its partners, BG International Limited (”BG”), a wholly owned subsidiary of the BG Group plc (LSE:BGL.L - News) and Challenger Energy Corp. (”Challenger”) (CDNX:CHQ.V)(AMEX:CHQ) have unanimously agreed to case and conduct flow testing on the “Bounty” well located [...]
Transocean Inc. issued an updated fleet status report covering the company’s 137-unit offshore drilling fleet.
Drilling rig status and contract information on the company’s offshore drilling fleet has been condensed into a report titled “Transocean Fleet Status Report,” which is available through the company’s Worldwide Web address at http://www.deepwater.com. The report can be accessed from the [...]
