Mining, Oil & Gas News & Blog

Entries for January 2014

29
LGO Development drilling, Goudron Field, Trinidad
LGO today announces that the Company has now started mobilisation for the construction of the first drilling sites following the Certificate of Environmental Compliance

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Posted in: Oil and Gas
29
Mariana Resources to continue with Condor de Oro option after more positive drill results
Mariana Resources (LON:MARL) chief executive Glen Parsons says the company is well funded to continue the exploration of its flagship copper-gold asset in Peru, although it has flexibility in the way it deploys the cash.

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Posted in: Mining
29
Simba Energy agrees farm-out deal for Guinea exploration
Toronto-listed Simba Energy has struck a deal with a group of Canadian investors to advance its exploration project in Guinea.

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Posted in: Oil and Gas
28
Sirius Minerals at ProactiveInvestor forum on Thursday
AIM-listed Sirius Minerals (LON:SXX) takes to the stage to update us on its recent deal with a major US agri-business.

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Posted in: Mining
28
Oilex presenting at One2One Forum in London this thursday
Oilex’s success with this well, 77-H, would go a long way to validate belief that US shale technology can be used to unlock tight hydrocarbon opportunities in India starting with Cambay, where there is an estimated 167mln barrels waiting to be tapped.

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Posted in: Oil and Gas
23
San Leon plans first horizontal well in Poland after most successful test to date
Flow test results from the Baltic Basin well San Leon Energy fracked in the fourth quarter reveal it as "the main shale gas play in Europe at this time

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Posted in: Oil and Gas
23
Leni Oil & Gas says Goudron drilling to start immediately
Neil Ritson, CEO of Leni Oil & Gas tells Proactive Investors drilling operations at Goudron are now expected to start immediately after the company received the environmental go-ahead (CEC).

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Posted in: Oil and Gas
21
Victoria Oil & Gas signs funding deal with Cameroon bank
Victoria is an independent oil and gas exploration and production company with projects in Africa and the FSU. The Company’s principal assets are 95% of the Logbaba gas and condensate project in Cameroon and 100% of the West Medvezhye gas field in Siberia, Russia.

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Posted in: Oil and Gas
21
Rose Petroleum actively looking at a number of oil & gas projects
Rose Petroleum has completed a €400,000 deal to acquire two oil and gas projects in Germany and is looking for more

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Posted in: Oil and Gas
21
Is the US shale boom is overhyped?
According to a Blog by Jeremy Legget existing shale gas and oil wells are showing spectacularly high early decline rates and won´t prevent the world heading towards an energy crisis

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Posted in: Oil and Gas
21
Mwana Africa continues to cut costs and raise revenues
Kalaa Mpinga, CEO of Mwana raised revenues and profits last year, the company continues to drive down costs to improve shareholder returns.

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Posted in: Mining
21
Tethys Petroleum hopes to drill the 400mln barrel Klymene prospect this summer
Dr David Robson, Exec Chairman of Tethys Petroleum discusses that the new prospect in Kazakhstan, called Klymene, could contain more than 400mln barrels of oil.

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Posted in: Oil and Gas
21
Nordic Energy targets second Danish North Sea licence
Rudolph Kleiber, chief executive of Nordic Energy tells Proactiveinvestors that, having secured a first licence for the Danish North Sea, the company is now working towards a second.

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Posted in: Oil and Gas
18
PetroNeft announces an operations update
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update on drilling programme

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Posted in: Oil and Gas
18
Oil Search drilling update for Mananda 7 ST1 pilot hole
Oil Search reports that as at 06:00 hours PNG time on 16 January, the Mananda 7 ST1 pilot hole well was at a depth of 2,385 metres.

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Posted in: Oil and Gas
18
Carbon Energy commences drilling as next step towards facilitating development of UCG in Queensland
Carbon Energy last week announced that the Company commenced drilling into Panel 2 at the Company’s Bloodwood Creek UCG site as the next step towards commercialising the Company’s UCG operations in Queensland.

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Posted in: Oil and Gas
14
Madalena Energy will be kicking off the New Year with a stellar line-up at Proactive Investors Forum
This Thursday Madalena Energy is presenting at one2one forum in London. Madalena is an independent, Canadian-based domestic and international upstream oil and gas company with operations in Argentina.

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Posted in: Oil and Gas
13
Mwana Africa PLC with Operations in Zimbabwe is presenting at Proactive Investor forum this Thursday.
Mwana Africa PLC is a pan-African resources company involved in the production, development and exploration of gold, nickel, copper and diamonds.

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Posted in: Mining
13
Edge Resources is a cash-flow-positive Canadian oil company is presenting at Proactive Investor this Thursday
Edge Resources is a cash-flow-positive Canadian oil and gas company with a 95% drilling success rate in shallow, conventional reservoirs.

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Posted in: Oil and Gas
13
NioCorp is developing North America's highest grade, large tonnage Niobium project in Elk Creek, Nebraska is presenting in London
NioCorp is developing North America's highest grade, large tonnage Niobium project in Elk Creek, Nebraska. In addition to Niobium, metallurgical studies will determine the economic potential of byproduct minerals

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Posted in: Mining
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