Austral Pacific Energy Ltd. today announced that it has decided to initiate a strategic alternatives review of its business.
Austral CEO and President Thompson Jewell said, “In light of the low share price, Austral Pacific has initiated a strategic review to consider all options available to the company to maximise value for its shareholders”.
In conjunction with [...]
KPMG Corporate Finance LLC, a full service, independent, middle-market investment bank, today announced that it was the exclusive advisor for the privately-owned Concept Mining and The Ridge Land Group on the sale of its metallurgical coal business in West Virginia to ArcelorMittal, the world’s largest integrated metals and mining company. The transaction adds in excess [...]
Bonanza Oil and Gas, Inc a Nevada Corporation and an independent oil and gas company, Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The first of four proposed wells are being staked and location constructed for an August 2008 spud date. “The Company is delighted that [...]
Bonanza Oil and Gas, Inc., a Nevada Corporation and an independent oil and gas company, is pleased to announce the start of the Company’s drilling program on the Point Bar Prospect on Damon Mound in Brazoria County, Texas.
Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The [...]
STW Resources, Inc. (“STW”) announced that it has brought on the following influential outside directors to advise it on its oil and gas water recycling operations. “These directors are key legislative and industry advisors who bring unique contributions to STW’s future success,” said Stanley T. Weiner, STW’s Chairman and Chief Executive Officer.
The Honorable Bill Carter [...]
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 [...]
USA Uranium Corp. announces that it has completed the acquisition of a 75% joint venture interest in the LaSal West mineral claim group located in the prolific LaSal uranium district of Utah.
The ore previously produced from the existing mines on this Property contained up to 0.35% U3O8 (Uranium) and 1.5% V2O5 (Vanadium) resulting in [...]
Ridgeway Petroleum Corp. is pleased to announce its audited financial results for the fiscal year ending December 31, 2006.
The Company incurred a net loss of $2,806,069 for the year ended December 31, 2006 compared to a net loss of $2,493,939 during the same period in 2005. The increase in the loss in the current period [...]
Australia’s Africa-focused miner Albidon Ltd said on Monday it had secured $60 million of senior debt financing from two major European banks for its flagship nickel project in Zambia.
“The European Investment Bank (EIB) and Barclays Capital have formally approved and signed a senior debt finance facility of up to US$60 million for the Munali Nickel [...]
Providential Holdings, Inc., a company investing in the rapidly growing economies in Vietnam and Asia, announced today its wholly owned subsidiary Providential Energy Corp. has entered a joint venture agreement with Texas-based Unitex Oil & Gas, LLC. Through the joint venture agreement Unitex will identify, evaluate, negotiate, acquire and operate oil and gas properties in [...]
