U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]
Curtis, Mallet-Prevost, Colt & Mosle LLP represented KazMunayGas (KMG), the national oil company of Kazakhstan, in its successful negotiations with the North Caspian Sea consortium on the detailed agreements for the future development of the Kashagan field. The Kashagan field is reported to be the world’s largest oil discovery in at least three decades.
The North [...]
eMax Worldwide, Inc., previously named eMax Holdings Corporation, signed an investment agreement with Hubbard Iron and Metal Salvage to buy twenty five percent interest in all the operation business, assets and revenues and sales. eMax Worldwide will invest $1,000,000 to purchase twenty five percent interest in the company and eMax will pay the investment in [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that it has entered into a Lease Purchase and Drilling Agreement with a private, Texas-based oil and gas company to acquire a 25% non-operating working interest in an oil prospect located in east [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas and real estate today announced that PetroQuest Energy L.L.C. has spudded the Highlands Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well will be drilled to [...]
CME Group, the world’s largest and most diverse derivatives exchange, announced that it will launch US Midwest Domestic Hot-Rolled Coil (HRC) steel futures contracts for trading and clearing on CME Globex® and ClearPort®, beginning on October 19 for the October 20 trade date.
The contract will be financially settled against an index developed by CRU International [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that its board of directors has approved an expanded stock buyback program. The original buyback program had a maximum limit of $5 million while the new buyback program has been expanded by $3 [...]
Uranium 308 Corp. announce that Yuting Guan, a consultant with long experience in China’s mineral resources industry, has joined the Company as a consultant. Uranium 308 Corp. believes that Mr. Guan’s extensive network of contacts in the mining industry will significantly enhance the Company’s ability to secure a strategic joint venture partner to co-develop its [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that its partner, PetroQuest Energy L.L.C., has reached contract depth on the Bluffs Prospect in Louisiana, encountering approximately 85 feet (true vertical depth) of net pay in the Cris I - Hollywood 1 [...]
More than 4,100 people from 21 countries registered to bid on CA$41 million (US$39 million) of construction, transportation, forestry, agricultural and other industrial equipment sold at an unreserved public auction in Alberta last week. Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted the auction at its permanent auction site in Edmonton on September 3 [...]
