Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced that it had completed drilling Costayaco-6, a new well in the Costayaco Field in the Chaza Block, in the Putumayo Basin of southern Colombia, encountering oil deeper in the primary reservoir zone than previous wells in the field. Gran [...]
Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX.
The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every [...]
Waratah Coal Inc. announce that the Queensland Government has declared the Galilee Coal Project (Northern Export Facility) a ‘Significant Project’ for which an Environmental Impact Statement (EIS) is required.
Waratah Coal President and CEO Peter Lynch today said, “This declaration reflects the effort and cooperation that has been achieved between Waratah Coal and the Queensland [...]
Homeland Energy Group Ltd. is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, Tennessee and Knoxville, Kentucky respectively as the current agreement expires today.
Homeland Energy Group Ltd. is a coal producer with operations the Witbank area of South Africa. The company also has a [...]
Katanga Mining Limited confirms that, following an isolated fire incident in mid-November, a replacement transformer has been successfully fitted at the Luilu metallurgical facility and production of copper and cobalt metal from Luilu has now resumed.
Steven Isaacs, Interim CEO, Katanga Mining Limited said, “I am pleased to report that a replacement transformer has been successfully [...]
Jura Energy Corporation announced today that the Kandra 4D exploration has been drilled to a total depth of 2229 m. The well targets three potential hydrocarbon-bearing zones, the Sui Main Limestone (600-750 m), the Lower Goru (1700-2000 m), and the Chiltan Limestone (2150-2250 m).
Natural gas shows were encountered during initial testing of the Chiltan Limestone [...]
CROWFLIGHT MINERALS INC. announce it has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX).
The listing is conditional on the Company providing certain documents to the Exchange. Following graduation, the common shares of the Company will continue to trade under the stock symbol CML.
Commented Mike Hoffman, President and CEO of [...]
First Calgary Petroleums Ltd. announce that it has closed the plan of arrangement involving First Calgary, Eni Canada Holding Ltd., Eni S.p.A. and securityholders of First Calgary.
Under the terms of the arrangement, First Calgary shareholders receive C$3.60 cash for each common share held. In addition, on November 28, 2008 First Calgary will redeem all of [...]
Aspen Group Resources Corporation announced that it holds a working interest in 6 gas wells in Oklahoma that have been drilled by Conoco-Phillips. It was recently discovered that Aspen had retained a small interest in the leases from a previous sale, and upon further investigation Aspen received confirmation of its interest. These 6 gas wells [...]
Forsys Metals Corp and George Forrest International Afrique S.P.R.L. announce that they have entered into a definitive agreement pursuant to which GFI will effectively acquire, by way of a court-approved plan of arrangement, all of the outstanding common shares of Forsys on the basis of CAD$7.00 per share in cash for each common share [...]
