Mining, Oil & Gas News & Blog

Entries for June 2013

30
Bullabulling Gold Limited presenting in One2One forum in London
Bullabulling Gold Limited is an Australian and UK publicly quoted mining exploration company headquartered in Perth, Western Australia. The Company is the successor entity of GGG Resources plc and is presenting at the Proactive Investor Meeting in London

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26
IMIC keen to unlock world class potential of Nkout after agrees US$200mln to acquire Afferro
International Mining & Infrastructure’s US$200mln takeover of Afferro will be transformational for the latter’s flagship project &ndas...

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18
Brokers value Herencia Resources to be worth five times current value
An exciting month just gone for Herencia Resources has led broker WH Ireland to kick off coverage of the AIM-listed Chilean miner with a ‘speculative buy’ rating. 

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17
Longreach Oil & Gas is an independent oil and gas exploration company at Proactive Investor
Longreach has significant exploration acreage and a regional focus within Morocco, North Africa is presenting in London. Longreach expects to participate in a number of wells this year in a work programme, which if successful, could transform the business.

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14
Mawson Resources reviw on the new exploration season in Finland
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14
Sundance Resources visit shines a light on potential of Afferro, IMIC and West African Minerals
The management of Aussie miner Sundance Resources is in town updating on progress. Ordinarily a visit from a junior of this kind would go without mention.  However the group holds the key to unlocking the huge iron ore potential of Cameroon and the Republic of Congo.

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13
Canacol Energy Ltd. announces spud of the Oso Pardo 1 shale oil exploration well in Colombia
Canacol Energy Ltd. announced the commencement of drilling operations for the Oso Pardo 1 exploration well being drilled on the Santa Isabel Exploration and Production ("E&P") contract located in the Middle Magdalena Valley of Colombia

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13
Matra Petroleum announces proposed disposal of Arkhangelovskoe Licence
Matra Petroleum announced that it has signed an agreement to dispose of its 100% interest in the Arkhangelovskoe Licence which includes the Sokolovskoe Field, to a third party, 

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12
DNO International announces Jurassic discovery, successful horizontal drilling in Tawke license
DNO International ASA , the Norwegian oil and gas company, announced today that its deep Tawke-17 well tested 1,500 barrels a day of 26-28 degree API crude oil from an Upper Jurassic reservoir underlying the Tawke field in the Kurdistan Region of Iraq.

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12
Shale adds 47% to global gas reserves, 11% to global oil: EIA study
Shale fields could add 7,299 trillion cubic feet of natural gas and 345 billion barrels of oil to global reserves, according to a US Energy Information Administration report released Monday.

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12
Sound Oil: Directors explain the new changes at Sound oil strategy
Proactive Investors caught up with Sound Oil directors after the company's final results. Chairman Andrew Hockey, CEO James Parsons and director Michael Nobbs spell out the company's portfolio strategy and future opportunities.

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10
US Oil & Gas chief says Eblana discovery is just the beginning of the story
U.S. Oil & Gas plc  confirmed an oil discovery in Nevada US Oil and Gas (GXG:USOP) is still just at the beginning of its journey, according to chief executive Brian McDonnell. 

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10
Ferrex chief David Reeves: next six months could be "transformational"
According to Proactive Investor report the next six months could be utterly transformational for iron ore and manganese development group Ferrex (LON:FRX), though you would be hard-pressed to gather this from the company’s current market value.

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05
JKX OIL & GAS plc announces Ukrainian well sidetrack exceeds expectations
JKX Oil & Gas plc announces that it has successfully completed a second sidetrack of well M-166X well in the productive Devonian sandstone reservoir in the Molchanovskoye North field.

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05
Northcote Energy says Big Hill #1 will be a 'big contributor' to cash flow Interview with Proactive Investor
Randy Connally, CEO of Northcote Energy , tells Proactiveinvestors there should be a six-month payout on the Big Hill #1 well in Oklahoma's exciting Mississippi Lime formation. He says it is likely to be a 'solid contributor' to cash flow.

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04
Edge Resources Inc. Provides Operational Update Interview with Proactive Investor
Brad Nichol, President & CEO of Edge Resources  tells Proactiveinvestors that the heavy oil play at Primate gives investors an exposure to the 'huge growth prospect' that the company has. Brad also explains that Edge has opportunities presented that enables the board consider possible farm-in partners.

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03
Ariana Resources Sets exploration target at Arzu Central and Confident of Gold price Stabilization
Ariana Resources (LON:AAU) has set an exploration target of up to 92,000 ounces of gold and 1.1mln ounces of silver at Arzu Central, part of its Red Rabbit gold project

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02
Miningmaven Investor Evening this week: Eurasia Mining Presenting
Investor Evening has the guest speaker Alasdair Macleod.  and in addition to above there are two presentations from Ariana Resources (LON:AAU) and Eurasia Mining (LON:EUA)

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02
Leyshon Resources shares advance as the first well flow measurments beats expectations
This year also looks to be hugely exciting one for cash rich Leyshon Resources (LON:LRL), which is helping bring the unconventional gas revolution to China.

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