Porto Energy, an international oil and gas company, has signed a farmout agreement with Petróleos de Portugal - Petrogal (Galp) to analyze the pre-salt in the Aljuabarrota-3 concession located in Portugal.
By Kalwinder Kaur
3 Jul 2012
Frontier Rare Earths, a mineral exploration and development company, has released the new assay results from the recent resource drilling programme at Zandkopsdrift project located in South Africa.
By G.P. Thomas
3 Jul 2012
Atna Resources, a gold mining company, has provided an update on the progress being made on its Pinson Mine located near Winnemucca, Nevada during the 1Q and 2Q of 2012.
By G.P. Thomas
3 Jul 2012
After ascertaining the viability of the venture, Bandanna Energy has invested to develop the Springsure Creek subterranean coal project and has taken a senior secured bank guarantee facility of 67 million Australian dollars from Credit Suisse.
By Joel Scanlon
3 Jul 2012
Blackham Resources has reported it has discovered an exploration target area and encountered 2 to 6 g/t gold through geological analysis carried out at the Williamson region.
Marifil Mines has announced that NovaGold Resources (NovaGold) has decided to forfeit its 70% interest as per the option agreement in the San Roque property. A 49% of interest has been earned in the property by NovaGold.
By G.P. Thomas
3 Jul 2012
Ardent Mines Ltd., a precious resources exploration, development, and mining company focused on advancing its two gold properties in Brazil, commenced geological exploration work at its Gold Hills ("Serra do Ouro") property, a 13.5 km long gold trend ("Trend"), located in northeastern Brazil, near the border between the states of Pernambuco and Paraíba.
Vanguard Natural Resources, LLC today announced that on June 29, 2012 it consummated the previously announced acquisition of natural gas and liquids assets from Antero Resources for an adjusted purchase price of $434.4 million, subject to customary final post-closing adjustments. The effective date of the acquisition is April 1, 2012.
US Seismic Systems, Inc., an Acorn Energy, Inc. company announced today it has built and shipped the world's largest commercial high temperature down-hole fiber-optic seismic array. The 40-level array is designed for monitoring wells that use the latest unconventional oil and gas extraction technique known as hydrofracking.
Manas Petroleum Corp. is pleased to provide this update on the progress of the exploration program in Mongolia, which is focused on drilling two wells in 2012, through its subsidiary Gobi Energy Partners LLC.
AmeriLithium Corp. is pleased to announce the completion of its geophysical study of the Company's three properties in Western Australia for the purpose of identifying possible gold mineralization in addition to possible lithium resources.
Samsung Heavy Industries has placed an $80 million order to procure electrical power systems, motors, and energy-efficient drives from ABB for two liquefied natural gas (LNG) carriers and five drilling vessels to be constructed at Samsung’s shipyard located in Korea.
Lundin Norway, which is a wholly owned subsidiary of Lundin Petroleum, has announced that the Clapton exploration well 2/8-18S has been completed in PL440S. The well is situated approximately 5 km towards the eastern part of the Eldfisk Øst field and 10 km towards the northern part of the Valhall Field located in the North Sea.
By Kalwinder Kaur
2 Jul 2012
Discovery Harbour Resource and Northern Shield Resources have announced that they have started the drilling program at the Wabassi property, located in North Ontario. The company has planned to drill 2,000 m, totaling 10 holes.
By G.P. Thomas
2 Jul 2012
Stockport Exploration has announced that an auger-based drill program will be advanced at the company’s Kamwango Grid, situated centrally within the Kenyan property. An independent geophysical campaign and surface deposits containing gold point towards the same target regions.
By G.P. Thomas
2 Jul 2012