Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum’s senior management team. Funding of this line of equity will [...]
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 [...]
Empire Energy Corporation International and its Australian subsidiary Great South Land Minerals today announced that the Hunt Energy Rig Number 3 has arrived in Tasmania, is stored in northern Tasmania and will be moving shortly to the Bellevue #1 site in the center of Tasmania. Local drilling company Spauldings has been mobilised and plans to [...]
Laredo Petroleum, Inc., a privately-held oil and gas exploration and production company, announced today that it recently completed its acquisition of $185 million of strategic assets located in the Verden area of south central Oklahoma from Linn Energy. The transaction encompasses a total of 50,000 net acres and proven reserves of 45 billion cubic feet [...]
Empire Energy Corporation International announced that, having just completed the drilling of an oil and gas well at Sealake, Victoria, the Hunt Energy Rig Number 3 has arrived at the Melbourne docks and is being washed down prior to quarantine inspection. Assuming quarantine approval, it is expected that all 32 semi-trailer loads of equipment (including [...]
Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia - from Kanawha River Terminals LLC.
“This facility will provide LDH Energy with a merchant platform to connect coal consumers [...]
Cotton & Western Mining, Inc. Robert L. Cotton, President of Cotton & Western Mining, Inc., stated today that the company has finalized mineral rights agreements on several locations within 150 kilometers of the Pacific Ocean Port of Ensenada, Baja California, Mexico; fulfilling needed iron mineral reserves to meet minimum production requirements of the company’s [...]
Wits Basin Precious Minerals Inc. announce the signing of purchase contracts for the acquisition of a producing iron ore mine, a separate, nearby drill-indicated iron ore resource, and a processing plant located near Maanshan, Anhui Province in the People’s Republic of China.
The producing mine and the drill-indicated resource total more than 94 million tonnes of [...]
Robert L. Cotton, President of Cotton & Western Mining, Inc. said that Sharon Vazquez, Vice President, Cotton & Western Mining, Inc., has executed an agreement for the mineral rights to Baja Pacific No. 14 on behalf of and in trust for CWRM as a Mexican national; the exploration and exploitation rights will be transferred to [...]
Wallbridge Mining Company Limited is pleased to announce exploration plans for copper-zinc and nickel targets on two claim groups located in north-eastern Ontario. The copper-zinc and nickel properties are located within Wallbridge’s Shipley and Hong Kong Township claim groups, approximately 10 kilometres southeast of Sultan, and about 100 kilometres north-west of Sudbury, Ontario. Both properties [...]
