Archive for the ‘Oil & Gas’ Category
Friday, November 21st, 2008
Quicksilver Resources Inc. announced that its board of directors has approved a $600 million capital budget for 2009, which includes approximately $400 million for drilling, $155 million for gathering and processing facilities (including approximately $35 million to be funded by Quicksilver Gas Services LP), $40 million for leasehold and $5 ...
Posted in Mining Industry, Mining Investment, Oil & Gas | No Comments »
Friday, November 21st, 2008
North Carolina should consider whether it would receive money from oil exploration off its coast and how it would balance an oil industry with its coastal tourism economy, speakers at a conference said today.
Carteret County commissioners recently passed a resolution supporting oil and gas exploration off North Carolina's coast, prompting ...
Posted in Drilling, Mining Company, Mining Technology, Offshore, Oil & Gas | No Comments »
Tuesday, November 18th, 2008
Asian stocks retreated, led by financial companies and commodity producers, as recession in Japan and Hong Kong and declining oil prices heightened concern a global economic slowdown is deepening.
Mitsubishi Estate Co., Japan's largest developer by market value, sank 5.4 percent after the Nikkei newspaper said Tokyo office rents retreated ...
Posted in Oil & Gas, Trade & Market | No Comments »
Tuesday, November 18th, 2008
The booming Barnett Shale production during the past five years has been a boon to some of North Texas’ sparsely populated yet gas-rich cities, but city officials said they aren’t counting their chickens before they hatch.
Bridgeport and Decatur are prime examples of the impact an industry can have on economic ...
Posted in Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Saturday, November 15th, 2008
Titan Employment Services Ltd. announces shareholder approval of the amalgamation of Titan with Adelaide Global Corp. ("AGC"), a private Ontario corporation with more than 20,000 acres of oil and gas leases in southwestern Ontario. At the duly called Annual and Special Meeting of Shareholders held on November 11, 2008, in ...
Posted in Mining Company, Mining Industry, Mining Investment, Oil & Gas | No Comments »
Saturday, November 15th, 2008
The government has awarded four coal-bead methane (CBM) development contracts in Kalimantan to a group of mining companies requiring a total investment of at least US$20 million during the next three years.
The four companies are a consortium of PT Pertamina Hulu Energi Metana Kalimantan A-Sangatta West CBM Inc, a consortium ...
Posted in Exploration, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Thursday, November 13th, 2008
Magnum Uranium Corp. is pleased to announce results of a recently completed exploration drilling program at its Marysvale Uranium Property, Piute County, Utah. Drilling was conducted from October 22 to October 31, 2008 to test a large 850-foot-wide by 1,570-foot-long coherent soil-gas radon anomaly delineated by StrataModel Inc. in August ...
Posted in Drilling, Mining Industry, Mining Investment, Mining Technology, Oil & Gas, Uranium | No Comments »
Thursday, November 13th, 2008
Titan Uranium Inc., a North American generative explorer, is pleased to announce the signing of a letter agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC can acquire an undivided 50% working interest in Titan's Border Block Project by funding Cdn $6 million in uranium exploration programs managed ...
Posted in Metal, Mining Company, Mining Finance, Mining Industry, Oil & Gas, Trade & Market | No Comments »
Wednesday, November 5th, 2008
Enviro Voraxial Technology, Inc. announced today that the Company entered into a representative agreement with Southern Chemicals Ltd. to pursue the oil exploration and production market in the country of Trinidad.
Interest from major oil companies and oil industry service companies has accelerated with the dissemination of information through ...
Posted in Mining Industry, Oil & Gas, Trade & Market | No Comments »
Saturday, November 1st, 2008
Black gold has lost its gleam. The price of oil has plummeted, halving since July to around $70 a barrel. Last week, Opec decided to cut production by 1.5 million barrels a day, in a bid to stabilise matters. "Oil prices have witnessed a dramatic collapse – unprecedented in ...
Posted in Exploration, Mining Company, Mining Industry, Mining Investment, Oil & Gas | No Comments »
