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Coal Mining Permit Expasion in Northern Arizona Approved
A controversy over coal mining in northern Arizona reached a milestone Dec. 22 when a federal agency gave the go-ahead for Peabody Western Coal Co. to expand an existing long-term permit on Black Mesa, home to Navajo and Hopi villages.
US Plan Oil Mine Exploration and Embrace Energy Exploration Future
Congressional Democrats were quick to reject the push for lifting the drilling moratorium, saying oil companies already have 68 million acres offshore waters under lease that are not being developed.
House Speaker Nancy Pelosi called Bush’s proposals “another page from (an)… energy policy that was literally written by the oil industry — give away more public [...]
Mineral Mining Company : ZEOX Completes Acqusition of the Assets of Palo Sodium Sulphate Mine
CEO of ZEOX Corporation has completed its acquisition of the assets of Palo Sodium Sulphate Mine located near Whiteshore Lake, Saskatchewan.
Assets acquired include 682 acres of land, mineral leases, buildings, plant and equipment, mobile equipment and rail lines. Consideration paid for the acquisition was $1,000,000 and the assumption of the financial obligations of approximately $279,000 [...]
PetroSun Retains Services of ModuSpec for Rig Survey
PetroSun, Incorporated announced today the Company has retained the services of ModuSpec USA to survey a drilling rig for deployment to the Canning Basin of Western Australia. ModuSpec will conduct a full condition survey and an acceptance inspection of the main equipment items and associated systems. A preliminary report will be issued this week to [...]
WW Energy Inc. Negotiating Joint Venture Agreement to Commence Production on Oil and Gas Properties
WW Energy Inc. is in negotiations to acquire a working interest in 2 wells (re-entering existing well-bores) with potential reserves of 250,000 bbls. of oil and 700,000,000 mcf of natural gas with a major oil and gas firm located in California. Typically production from these wells would begin approximately 3 to 4 weeks after the [...]
Golden Arch Resources Ltd. announces work program on Wakefield Lakes, Saskatchewan zinc project
Les Kjosness, President, reports the Company along with its joint venture participant, has applied for a permit for its 2007 plan of operations for a diamond drilling program on the Wakefield Lakes zinc project to:
a) verify the previous results attained by Noranda and Falconbridge;
b) extend [...]
Ridgeway Petroleum Corp update the 12 well drilling program this yeaer
Since the last update of April 10, 2007 the Company has completed testing of the newly discovered fractured basement zone in the 11-06-31 well. The well has been tested continuously since April 12 and has consistently been producing CO(2) gas at rates of 245 mcfpd with zero water. There has been no decline in either [...]
PetroSun, New Standard Reach Canning Basin Deal
PetroSun, Inc. on Monday said that it has executed an agreement with New Standard Exploration NL covering specific blocks within Exploration Permit 442 located in the Canning Basin of Western Australia. PetroSun and New Standard will form a joint venture to explore, develop and produce oil and/or natural gas from the EP 442 blocks. PetroSun [...]
West Slope uranium rush
Skyrocketing price of metal prompts resurgence of digging.
Colorado’s vast stores of uranium are once again causing an unprecedented rush of investors, hedge funds and prospectors toting Geiger counters and stake poles.
After three decades on hiatus, thousands of prospectors are back on the Western Slope, staking claims and seeking permits, bent on tapping the region’s rich [...]
