Sonterra Resources, Inc. (OTC Bulletin Board: SOTR) announced today that Donald Vandenberg has been named as Chief Executive Officer and President of Sonterra effective as of June 23, 2008. Gary Lancaster has been named as Vice President and Chief Legal Officer of Sonterra as of June 23, 2008.
Michael Pawelek, Sonterra’s current Chairman of the Board [...]

JED Oil Inc. (AMEX: JDO ) (“JED” or the “Company”) today announced that it signed a Term Sheet with the holders of its $40.24 million principal amount of 10% Senior Subordinated Convertible Notes (“Notes”) for the redemption of the Notes by September 30, 2008. The Term Sheet is attached to a Note Amending Agreement with [...]

Platts reports that Indonesia’s Cepu block could hold more than the 600 million barrels of oil above previous estimated.
“It’s much better than the original estimate,” a senior oil official said without going into detail.
Cepu may also contain about 1.7 trillion cubic feet of natural gas.
ExxonMobil and state-run Pertamina each have a 45 percent stake in [...]

Targa Resources Partners LP and its subsidiary Targa Resources Partners Finance Corporation announced an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), to persons outside of the United States pursuant to Regulation S under the Securities Act, and [...]

The senior vice president of the Eastern region of Key Energy Services Inc., which provides oil drilling services, exercised options for 22,500 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed Thursday with the SEC, Phil Coyne reported he exercised the options Wednesday for $10.53 and $15.05 apiece [...]

Great Western Minerals Group Ltd. is pleased to announce that it has signed a non-binding Letter of Intent to acquire all of the issued and outstanding shares of Less Common Metals Ltd. (”LCM”) of Birkenhead, United Kingdom, subject to the required regulatory approvals in the UK and Canada. The purchase price of this acquisition is [...]

China Shen Zhou Mining & Resources, Inc. (American Stock Exchange: SHZ; “China Shen Zhou”, or “the Company”), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that Ms. Jessica Yu, China Shen Zhou’s Chairwoman and CEO, will ring the American [...]

Alcoa again has been named one of the World’s Most Ethical Companies by Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate responsibility. The recipients were announced during the Ethisphere and Forbes joint-conference, “Driving Profit through Ethical Leadership” held yesterday in New York. [...]

Research and Markets has announced the addition of “Denmark Oil and Gas Exploration and Production Industry: Investment Opportunities, Analysis and Forecasts to 2012” to their offering
Denmark Oil and Gas Exploration and Production Industry: Investment Opportunities, Analysis and Forecasts to 2012
Summary
This profile is the essential source for top-level industry data and information relating to the Exploration [...]

China is finding it harder than expected to clear out iron ore stocks that are overwhelming its ports, a senior official said on Wednesday, as stocks creep up past 80 million tonnes.
Severe congestion at northern Chinese ports is contributing to a rise in freight rates, which hit all-time highs last week.
That in turn has weakened [...]