Empire Energy Corporation International announced that, along with its wholly owned subsidiary Great South Land Minerals Ltd. (GSLM), it has signed both a Note for AUD $5 million and a Memorandum of Understanding governing formation of a Joint Venture that could cancel the Note and supply up to AUD $40 million of additional funding.
The Note [...]
Rolling Rock Resources Corporation has closed a non-brokered private placement (the “Private Placement”) with aggregate gross proceeds of $720,000 from the sale of 4,500,000 units at a price of $0.16 per unit (the “Unit”). Each Unit comprised one flow-through common share and one-half of one non-transferable common share purchase warrant (a “Warrant”). Each whole [...]
Mainland Resources, Inc., a Nevada corporation has appointed Ernest G. Sorochan, P. Eng. as a Director of the Board effective July 17, 2008.
Ernest G. Sorochan is a Professional Engineer with a long history of project management, engineering oversight, economic evaluation and operational experience working for international oil and gas companies.
Mr. Sorochan has built a professional [...]
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 [...]
GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (”KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test - 3). During clean-up flow, the following stabilized gas/condensate rates [...]
An independent domestic oil and natural gas company, Rock Energy Resources Inc, told the press that an audio replay of the conference call hosted by management yesterday afternoon has been posted to its web site. During the call, the Company’s founder, Chairman and CEO, Rocky Emery, and Vice Chairman Mark Harrington discussed topics primarily outlined [...]
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 [...]
An update on Oil and Gas Projects, Strategic Growth Initiatives and Key Future Milestones is provided by the company for other companies to refer and consult to. In addition to that publication, Rock Energy Resources, Inc’s management is going to host conference call and webcast.
Chairman and CEO of Rock Energy Resources Inc, Rocky Emeryan independent [...]
Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]
