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Oil Mine Exploration Investment Future, Extraordinary Potential of Oil Shale
Along the western slope of the Rocky Mountains lies a possible path toward energy independence.
The world’s largest deposit of oil shale is hidden here, beneath a landscape dotted by pinyon pines and twisted junipers.
If the oil industry can learn how to extract oil and gas from the oil shale in a cost-effective manner, the United [...]
Sun Cal Energy Focus Mining Drilling at Southern San Joaquin Valley of California
Sun Cal Energy Inc., an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and the Green River Basin of Wyoming is pleased to announce that drilling has commenced on the Sibley 84 #1 well, the first of several wells to be [...]
Energy Exploration Update Report : Sun Cal Energy Inc. on Jonah Field Prospects
Sun Cal Energy Inc., an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and the Green River Basin of Wyoming is pleased to provide an overview of current operations and developments in the Jonah Field prospects.
Sun Cal has a 100% working [...]
Why Investors Should Be Interested in Shale Oil
Energy investment swings on the end of a clockwork pendulum. Oil prices high? All the alternative energy sources get funded. Oil prices low? It can wait.
With the continuing unrest in foreign oil producing countries and crude oil prices hanging around the $70/barrel mark, we’re on the investment part of the swing, and it looks like [...]
U.S. Gets Less From Oil Drilling
The federal government receives a smaller portion of profits from oil drilling on federal property than other countries — and even some U.S. states, the investigative arm of Congress said in a report made public Friday.
The report by the Government Accountability Office said oil companies took in more than $77 billion in revenue from oil [...]
CONSOL Energy, Pittsburg and Midway Coal Announce Venture to Develop New Powder River Basin Coal Mine
Affiliates of CONSOL Energy Inc and The Pittsburg and Midway Coal Mining Co. (P&M), have entered into a joint venture agreement to develop the proposed Youngs Creek Mine north of Sheridan, Wyoming.
CONSOL of Wyoming LLC, and Chevron NPRB, LLC, have formed a new company, Youngs Creek Mining Company, LLC., to develop and operate the [...]
Feds Approve Shale Oil Projects
Companies hoping to tap an estimated 100-year supply of shale oil locked in rock formations under Colorado, Utah, and southwest Wyoming have won federal approval for experimental extraction projects.
Not since the 1980s have companies been as interested as they are now in extracting oil from the rock, which has historically been a laborious and expensive [...]
