Mining, Oil & Gas News & Blog

Entries for March 2014

28
Alecto Minerals buys Mali gold projects from Savannah Resources
Alecto Minerals (LON:ALO) has expanded its footprint in Mali, with the acquisition of new assets from existing shareholder and fellow AIM miner Savannah Resources (LON:SAV).

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Posted in: Mining
28
SolGold raises £4mln as phase two exploration starts at Cascabel
Solgold (LON:SOLG) has raised £4mln through an oversubscribed placing to fund further exploration of its potentially huge Cascabel copper/gold project in Ecuador.

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Posted in: Mining
28
UPDATE - StratMin completes first full shift of production from processing circuit at Loharano
Graphite producer StratMin Global (LON:STGR) completed the first full shift of production using a new processing circuit and announced encouraging carbon content results from trial processing.

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Posted in: Mining
28
5th Eastern Africa Oil, Gas-LNG & Energy Conference – 28 – 30 April 2014, Intercontinental Hotel, Nairobi, Kenya
NAIROBI, Kenya, March 27, 2014/ — With a 35+year track record in and on Africa, Global Pacific & Partners (http://www.glopac-partners.com) hosts this landmark meeting on Eastern Africa

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Posted in: Oil and Gas
28
Octagon 88 Resources announces drill license application for Red Earth light oil project
Octagon 88 Resources (OCTX) or “the Company” is pleased to announce that the lease construction of the Red Earth light oil project is underway and will be completed near term. The Operator will advise post receipt of the license on the spud date of the Red Earth production well.

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Posted in: Oil and Gas
28
New Standard successfully drills second well in Eagle Ford shale
New Standard Energy is pleased to advise that it reached target depth at its second well in the Eagle Ford shale, the Peeler Ranch-6H well, last Friday, with casing being run over the weekend.

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Posted in: Oil and Gas
28
Nostra Terra Oil & Gas
Nostra Terra Oil and Gas Company plc is a fast-growing exploration and production company focused on emerging plays within established hydrocarbon regions of the United States.

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Posted in: Oil and Gas
28
Legacy Oil + Gas Inc. Announces Record Cash Flow From Operations, Year-End Results and Files Annual Information Form
ALGARY, Legac announced it has filed on SEDAR its audited financial statements and related Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2013 as well as its annual information form (“AIF”) for the year ended December 31, 2013.  

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Posted in: Oil and Gas
24
Cambay Joint Venture has awarded the fracture stimulation programme for Cambay-77H to Schlumberger
Oilex Ltd is pleased to announce that the Cambay Joint Venture has awarded the fracture stimulation programme for Cambay-77H to Schlumberger.

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Posted in: Oil and Gas
24
Mexco Energy Corporation announces drilling of properties and acquisition
Mexco Energy Corporation ("Mexco") is participating as a working interest owner in a joint venture drilling four (4) vertical development wells to a depth of 11,000 feet on 160 acre spacing in the Dean, Wolfcamp, Cline and Atoka formations on 640 acres in Reagan County, Texas.

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Posted in: Oil and Gas
24
Operations update for 3Legs Resources operations
Legs Resources plc (the "Company"), an independent oil and gas group focusing on the exploration and development of unconventional oil and gas resources in Poland, announces the following operations update.

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Posted in: Oil and Gas
24
First Breakthrough Made on Independent Deepwater Exploration in Qiongdongnan Basin
CNOOC Limited today announced that the Company has recently made a new mid-sized gas discovery Lingshui17-2, which indicated the first breakthrough on the independent deepwater exploration in Qiongdongnan Basin of South China Sea.

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Posted in: Oil and Gas
19
Polo Resources acquiring 12.7% of Tunisia phosphate developer
The investment group Polo Resources said on Wednesday it is acquiring 12.7% of Tunisia-focused phosphate group Celamin for A$1.2mln.

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Posted in: Oil and Gas
19
18th edition of Arab Oil and Gas 2014 opens in Dubai (UAE, Middle East)
The 18th edition of the Arab Oil and Gas show, which is the International Trade Exhibition for Onshore and Offshore Oil, Gas and Petrochemical

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Posted in: Oil and Gas
12
Successful appraisal well at Sagiz West
Max Petroleum Plc, an oil and gas company focused on Kazakhstan, is pleased to announce successful drilling results of an appraisal well in the Sagiz West Field.

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Posted in: Oil and Gas
12
Sunbird receives independent certification of 7.8 Tcf (SNY 76%: 5.9 Tcf) of best estimate prospective resources for Block 2A in South Africa
Southern African gas explorer and developer, Sunbird Energy Ltd (ASX:SNY) is pleased to announce the completion of an Independent Resource Assessment of Block 2A in South Africa. Sunbird holds a 76% interest in the block and is the nominated operator. Block 2A is currently in year 5 of a 30 year production right from the Department of Mineral Resources, South Africa.

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Posted in: Oil and Gas
12
Farm-out of Block 12B secures funding for multi-well drilling program for Swala Energy Limited
Swala Energy Limited (“Swala” or “the Company”) is pleased to announce the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integrated oil and gas company (the “Farmee”), that will see Swala free carried through two exploration wells.

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Posted in: Oil and Gas
12
San Leon's New well to be drilled based upon success of Rogity-1
Rogity-2 well planning underway for the next well under the Wisent Farmout Agreement

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Posted in: Oil and Gas
08
New Standard spuds second well in Eagle Ford shale
New Standard Energy Limited (New Standard) is pleased to advise that it has spudded its second well in the Eagle Ford shale (EFS), the Peeler Ranch-6H well.

[Read More]

Posted in: Oil and Gas
08
Drillship arrival in Namibia
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed Africa focussed oil and gas exploration company, is pleased to confirm that the Rowan Renaissance drillship arrived, as expected, in Walvis Bay, Namibia, yesterday.

[Read More]

Posted in: Oil and Gas
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