Vulcan Minerals Inc. announce that the company owns 100% interest in 1462 mineral claims (approximately 100,000 acres) in the Bay St. George Basin of Western Newfoundland with the potential to host an economically viable potash deposit. These claims have been systematically acquired over the course of the last ten years as the Bay St. George [...]

Following the decision of the Icelandic government to start tendering exclusive licences in January 2009 for oil exploration in the Dreki area (in the Atlantic, northeast of Iceland on the Jan Mayen Ridge, between Iceland and Jan Mayen Island), an international conference has been announced in Reykjavik on 4-5 September. The Icelandic National Energy Authority [...]

Seadrill is pleased to report the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a [...]