Mining, Oil & Gas News & Blog

Entries for August 2013

30
Longreach Oil & Gas focused on 'exciting' drill programme in October
Andrew Benitz, tells Proactiveinvestors that it is looking forward to a 'very exciting programme' of drilling starting in October.

[Read More]

Posted in: Oil and Gas
28
Canacol Energy Ltd. announces oil discovery at Oso Pardo 1 exploration well in Colombia

Canacol Energy Ltd provides the following operational update concerning the Oso Pardo 1 exploration well drilled on the Santa Isabel Exploration and Production ("E&P") contract located in the Middle Magdalena Valley of Colombia.

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Posted in: Oil and Gas
20
Freepoint Commodities finances acquisition of offshore oil and natural gas producing assets
Freepoint Commodities announced that subsidiary Commerce Oil LLC, with affiliates of Apollo Global Management and Summit Partners Credit Advisors, closed a transaction to provide more than $110 million of acquisition and redevelopment capital to Whistler Energy II

[Read More]

Posted in: Oil and Gas
20
Osage announces initial production of 705 barrels of oil per day on Horizontal Mississippian well

Osage announced preliminary production results on the Mallard 1-16H Horizontal Mississippian well in Logan County, Oklahoma.

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Posted in: Mining
16
Nido Petroleum Limited provide Galoc drilling update

Nido Petroleum Limited is pleased to provide the attached weekly update from the Operator in relation to the drilling at Galoc as part of the Phase II development.

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Posted in: Oil and Gas
16
China key projects and business highlights
Total, investments in China in all kinds of projects upstream, midstream and downstream

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Posted in: Oil and Gas
14
Gran Colombia announces Phase III additional cost reduction and extension of the Providencia ore shoot in latest drill results at its high grade Segov
Gran Colombia Gold Corp. announced today that it has recently taken steps in Phase III of its continuing program to reduce operating costs at its Segovia Operations, cutting $400,000 per month, approximately $53 per ounce, through a workforce reduction.

[Read More]

11
Ruto defends cancellation of mining licences in Kenya
Deputy President William Ruto has said the cancellation of the mining licences will remain in force as it will help to streamline the sector and make it more beneficial to Kenyans.

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Posted in: Mining
09
Picachos project will not cost shareholders any cash, says Herencia's Graeme Sloan
Graeme Sloan, CEO of Herencia Resources, tells Proactive Investors the Picachos deal is "really good" for shareholders as they will pick up an asset that will have no equity nor cash costs to them. 

[Read More]

Posted in: Mining
09
Cairn to farm in to West African exploration block offshore Mauritania
Cairn is pleased to announce it has entered into a farm in agreement with Chariot Oil & Gas Investments (Mauritania) Limited,  (Chariot) for a 35% non-operated interest in an exploration block offshore Mauritania in West Africa.

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08
West African Minerals cashed up to complete the planned work in Cameroon
Anton Mauve, MD and Brad Mills, President of West African Minerals (LON:WAFM), tell Proactiveinvestors that WAFM is drilling its asset in Cameroon and have isolated five blocks that shows banded iron ore with an 'enriched' cap.

[Read More]

Posted in: Mining
08
Rialto Energy Ltd announces amendment of settlement agreement with offshore drilling company
Rialto announces that, further to the announcement made on 1 May 2013 regarding the settlement agreement in relation to the offshore drilling contract with the rig owner 

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Posted in: Oil and Gas
06
Salamander Energy plc announcess spud of G4/50-5 exploration well
Salamander Energy plc announced last week that the spud of the next well in its on-going exploration programme in Block G4/50, Gulf of Thailand.

[Read More]

06
Transeuro Energy Corp. announces aleator signs drilling rig loi
Transeuro Energy Corp. announces the news released on July 31st by Aleator Energy Ltd, "Aleator" (ASX:AWD) that Aleator has signed a Letter of Intent with the Company Ukrburservis LLC to supply a drilling rig for the Pov-105 well in Crimea, Ukraine.

[Read More]

Posted in: Oil and Gas
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