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IMA Signs Drill Contract for the Island Copper Project

Tuesday, September 23rd, 2008 IMA Exploration Inc. has signed a drilling contract with Matrix Diamond Drilling Inc. of British Columbia to complete a minimum 5000m Phase I drill program on the Island Copper project in Port Hardy, BC. Drilling is planned to begin by early October. Phase I drilling will include a minimum of ...

New WA government triggers uranium plans

Monday, September 15th, 2008 Uranium exploration has already picked up in Western Australia as junior miners are encouraged by the incoming Liberal government's pro uranium stance. The former Labor government, which had been headed Alan Carpenter, had a fiercely anti-uranium stance and had proposed a ban on mining the commodity. This had prompted concerns about ...

Offshore Developments On The Up

Tuesday, September 9th, 2008 Recovering minerals from the sea has long had a vague, but elusive attraction. After all, the science of hydrometallurgy is based on the chemistry of recovering metals from solution, and it is well-known that the sea contains huge tonnages of dissolved metals. In reality, however, with the exception of near-shore diamonds ...

West Texans jaded instead of giddy during this oil boom

Monday, August 4th, 2008 The lights on the rigs pierce the black West Texas night, illuminating mesquite shrubs and jack rabbits scampering across the flat landscape. The glow sends a reassuring message: Good times have returned to the oil patch. Pump jacks nod vigorously alongside the highway. Fat royalty checks arrive monthly in the mailboxes ...

Kodiak Exploration Limited: Deep Drilling Expands Gold Mineralization by 600%, Discovers Multiple New High Grade Gold Veins

Saturday, August 2nd, 2008 Kodiak Exploration Limited (TSX VENTURE: KXL) is pleased to report that as it approaches the mid-point of its 2008 exploration program, it has already increased the dimensions of the Golden Mile mineralized zone by more than 600% and made multiple new discoveries at the Hercules project. This has dramatically enhanced ...

Looking to Mid-Atlantic for oil

Sunday, July 20th, 2008 Get Kathy Phillips talking about oil exploration off the Mid-Atlantic, and she conjures a scene right out of the Gulf of Mexico, with drilling platforms, pipelines and pumping stations overwhelming the shoreline. "People here on the East Coast don't have a clue what it means to have offshore drilling," said Phillips, ...

Betting on exploration

Friday, July 11th, 2008 The newest in-state gas pipeline plan for Alaska is based on a bet. By connecting a region with a declining supply of gas to another region desperate for affordable fuel, the state is betting it can jump-start production of untapped Cook Inlet reserves by using demand from the Interior like a ...

Jaffe Congressional testimony on oil prices- peak oil

Thursday, July 10th, 2008 Baker Institute's Amy Jaffe congressional testimony on the roots of high oil prices. Introduction: The Oil Price Premium, Roots and Causes Since 2004, a growing scarcity of energy commodities worldwide has heightened concerns about key geopolitical risks and threats. Concerns about these threats and other factors have led to an almost 250 ...

Chevron discovers larger Iago gas resource

Thursday, July 10th, 2008 Chevron Australia's appraisal well confirmed an extension of the Iago gas field located 80 miles (130 km) offshore northwestern Australia in WA-16-R permit. The Iago-2 well was drilled using Diamond Offshore semisubmersible Ocean Bounty in about 384 feet (117 m) of the water. The well discovered 154 feet (47 m) ...

Manas Petroleum Corp.: Operations Update

Wednesday, July 9th, 2008 In the third quarter of 2008, Manas Petroleum Corp. ("Manas") intends to reach a major milestone in its history with the commencement of drilling activity on licensed land in which it has an interest. South Petroleum, the venture between Manas and Santos Limited ("Santos"), expects to drill a 'shallow' (2000m) ...