Posts Tagged ‘Energy’

Kentucky USA Energy, Inc. on Drilling Update

Kentucky USA Energy, Inc, an early stage natural gas exploration and production company, has just published a report that that the drilling contractor for the Company’s initial wells has moved a second drilling rig onto the Company’s second well, Hunter Wells #1 location and has spud-in. Due to mechanical difficulties on the first rig, there [...]

Friday, July 25th, 2008

Northwest Pipe Reports Record Results

Northwest Pipe Company reported record sales, earnings and backlog for the second quarter of 2008. Sales in the second quarter ended June 30, 2008 were $112.1 million compared to $101.9 million in the same quarter of 2007. Net income in the quarter was $8.4 million, compared to $5.7 million in the second quarter of 2007. [...]

Wednesday, July 23rd, 2008

Petrosearch Energy to close Barnett Shale Project Sale

Petrosearch Energy Corporation told the press that its wholly owned subsidiary, Barnett Petrosearch L.L.C., has closed on the sale of its 5.54455% limited partnership interest in DDJET Limited LLP (“DDJET”) to Cinco County Barnett Shale LLC (“Cinco”), one of the other two partners in DDJET, for a cash purchase price of $36,000,000. At closing the [...]

Tuesday, July 22nd, 2008

Patton Boggs and Hyperdynamics to Support JV Partner Program

Hyperdynamics Corporation released a report saying that it has signed a new and more comprehensive engagement with the renowned Washington-based lobbyist law firm of Patton Boggs LLP. Hyperdynamics had originally engaged Patton Boggs over a year ago but the scope of the representation was primarily focused on helping the company develop more extensive relationships with [...]

Tuesday, July 22nd, 2008

Strathmore Provides a Progress Update for Its Mine Permit Activities at George-Ver Uranium Property, Gas Hills District, Wyoming

Strathmore Minerals Corp. is pleased to provide a progress update to shareholders on the ongoing mine permitting activities at the George-Ver Property, Gas Hills Uranium District, Wyoming. The property is owned by Strathmore’s wholly owned U.S. subsidiary, Strathmore Resources (US) Ltd. and the mine permitting activities are overseen by personnel in the Company’s Riverton, Wyoming [...]

Monday, July 21st, 2008

Quest Initiates Infrastructure Upgrades for More Coal Production At Pond Creek

Quest Minerals & Mining Corp., a Kentucky based operator of energy and mineral related properties, announced today that it has purchased the necessary materials to replace and upgrade their existing 36“ beltline to a larger 42” beltline.
Everett Hampton, President of Whitestar Mining, LLC. commented, “The larger conveyer system is a key improvement as it will [...]

Monday, July 21st, 2008

Frost & Sullivan Commends General Cables’ Efforts in Energy Exploration and Value-Added Services

Frost & Sullivan presented General Cable with the 2008 North American Frost & Sullivan Award for Growth Excellence in the Energy Cables market. The Award recognizes General Cable for serving a diverse set of customers, with wide ranging applications, on a truly global scale.
The company has achieved consistent growth in the world interconnects space – [...]

Monday, July 21st, 2008

Canasia Receives Comfort Letters for All of Its Coal Permit Applications

Canasia Industries Corporation wishes to announce that it has received a comfort letter from the Saskatchewan Ministry of Energy and Resources covering 100% of the coal permit applications applied for (announced on June 9, 2008). This letter indicates that Canasia is “first in line” on all of its applications.
The “Comfort Letter” confirms that Canasia is [...]

Monday, July 21st, 2008

Crude oil prices lift Schlumberger’s profit by 13 percent

Oilfield services provider Schlumberger Ltd. reporting a nearly 13 percent jump in profit driven by robust spending among customers searching for new sources of crude and natural gas. Unless the global economy goes into the tank, Schlumberger said it expects continued brisk spending on exploration and production as energy companies try to benefit from high [...]

Monday, July 21st, 2008

Eclipsys added to SmallCap 600

It is reported that Shares of Eclipsys Corp. rose Friday after Standard & Poor’s said it will add the health care software maker’s stock to its S&P SmallCap 600 index. The Atlanta-based company will replace W-H Energy Services Inc. on the index as W-H Energy is being purchased by oilfield services provider Smith International Inc., [...]

Monday, July 21st, 2008