C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California, announced today that it has initiated coverage of GMX Resources, Inc..
“GMX Resources is embarking on an aggressive drilling campaign to unlock the value of its legacy acreage in the budding Haynesville Shale gas play of [...]
Beacon Redevelopment Industrial Corporation announced that it entered into negotiations to acquire a ten year lease with an option to purchase a riverfront property to form the company’s coal distribution center.
The location, totaling 8.4 acres, in Sewickley Township, Westmoreland County, Pennsylvania, is situated on the Youghiogheny River. A working railroad runs through the property, [...]
Hornbeck Offshore Services, Inc. announced today that it has filed an acquisition shelf registration statement on Form S-4 with the Securities and Exchange Commission (”SEC”) and plans to file a universal shelf registration statement on Form S-3 in the near future. These filings will replace the Company’s existing shelf registration statements on Forms S-4 [...]
Petrolium Oil Alliance Inc. announced it has opened new offices for the company and its U.S. subsidiary PetrOil Inc. formerly CybeRecord, Inc., at King Fahad Road, Oroba Center Suite 4042, Riyadh, Kingdom of Saudi Arabia, Telephone: +966553020240. The action was taken as a result of a meeting held on November 1, 2008 at the Kingdom [...]
McMoRan Exploration Co. updated its Gulf of Mexico exploration and development activities, including drilling progress at the Flatrock No. 5 development well, the Flatrock No. 6 delineation well and Tom Sauk exploratory well, results from the Northeast Belle Isle exploratory well and current production rates. McMoRan also announced that the rigs are on location at [...]
Exxon Mobil Corporation announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, Türkiye Petrolleri Anonim Ortakl??? (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration.
ExxonMobil will become operator during the initial exploration phase and earn a [...]
Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC.
The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty.
The Nyac Gold Project consists of 57,600 [...]
Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided a Vermillion Basin production update and announced the pending completion of rig mobilization in its Bakken oil play.
Vermillion Basin [...]
Flint Energy Services Ltd. announced the Company has been awarded a $50 million (Canadian dollar) construction contract by StatoilHydro Canada Limited, the Canadian business unit of StatoilHydro, for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta.
The contract will involve the site construction of the central plant’s mechanical components for the [...]
Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the province of Quebec, is pleased to announce that its wholly owned subsidiary, Platinum Discoveries Corp., has received preliminary results from the exploration work done in 2008 field season, on their Caribou Property near Thetford Mines. The results have [...]
