Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading.
The Houston-based company said high oil and natural gas prices led to heavier spending [...]
Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]
Northgate Minerals Corporation is pleased to report drill results for 34 surface and 59 underground diamond drill holes totalling 33,000 metres, which were completed during the first half of 2008 at the Young-Davidson project near the town of Matachewan in northern Ontario. The purpose of the ongoing diamond drill program is to increase the measured [...]
Uruguay Mineral Exploration Inc reports on the results of exploration activities during the quarter ended 31 May 2008.
David Fowler, Chief Executive Officer commented: “We have made good progress in the fourth quarter towards achieving our exploration objectives; results overall have been encouraging.
“Near the mine, we have had better results in the deep drilling program at [...]
Hecla Mining company has just completed the transaction. The company sold its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro Mining Ltd. (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. A 117-year-old company, Hecla has long been well known in the mining [...]
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 [...]
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 [...]
CLOUDBREAK RESOURCES LTD. President Blair Naughty is pleased to report Cloudbreak Resources Ltd. has applied for a 100% interest in a further 108 Coal Dispositions located on the east side of the Pasquia Hills of East-Central Saskatchewan. This acquisition is in addition to the 246 Dispositions already pending in the system. These Coal Dispositions are [...]
The sale of Claude Resources’ oil and natural gas assets is being brokered through Ted Renner of Kiora Resources (producingproperty(at)mac.com or 403-990-9138). A detailed property list can be obtained from Mr. Renner.
Following advertisement of the properties and extensive industry contact with potential purchasers, negotiations will be conducted with the most interested parties with the intent [...]
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 [...]
