Altai Resources Inc. announce that it has completed its acquisition of Petro St-Pierre Inc., a Quebec private company and Altai’s minority joint venture partner in its Sorel-Trois Rivieres gas property, St. Lawrence Lowlands, Quebec which was first announced in Altai’s press release of June 16, 2008. For the purchase of all the issued and outstanding [...]
Aultra Gold Inc. announced that it has entered into a Memorandum of Understanding to merge with Dutch Gold Resources, Inc., a gold producer with a mine in Oregon.
Said Rauno Perttu, President of Aultra Gold, “We are excited with this merger, which will join us with the Dutch mining team and their Oregon mine and mill. [...]
Titanium Corporation Inc. Executive Chairman, Gordon Pridham, today announced the appointment of Moss Kadey as a Director of the Corporation.
Mr. Kadey is the President and CEO of Mossco Capital Inc., a private venture capital and real estate investment company. Mr. Kadey has also been a long standing shareholder of Titanium Corporation holding approximately 9.9% of [...]
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]
A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
The recently released assessment shows [...]
Despite a swarm of economic problems and rising fossil fuel costs, last year was a banner year for clean energy, according to an outlook report by Clean Edge, a research and publishing firm.
According to Clean Edge’s report, biofuels (global production and wholesale pricing of ethanol and biodiesel) reached $25.4 billion in 2007 and are projected [...]
It’s a little weird, but one of the big topics at the Cleantech Forum taking place this week is coal.
“Coal is going to be an enduring fuel source for the next 50 years, or even the next 100 years,” said Kevin Skillern, senior vice president of General Electric Energy Financial Services.
Skillern’s comment was similar to [...]
When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]
With dwindling oil supplies, pollution concerns and the ever-present threat of gas prices soaring again, talk of new and better ways to fuel cars, heat and cool homes, and power factories has never been greater.
What’s more, the conversation is emanating increasingly from a source that’s been surprisingly quiet until recently — the oil companies themselves.
When [...]
Maxy Gold Corp. announced that Maxy and China’s Western Mining Group (”Western Mining”) have entered into a formal Joint Venture (JV) Agreement on the “HUANGNAN” Copper-Gold Project, located in Qinghai Province, China. This is the first Property incorporated under their Strategic Exploration Alliance Agreement announced on October 4th 2006. Maxy has signed four letters of [...]
