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Oil and Gas Company Financial Report : American Oil & Gas Plans Acquisition and Development Oil and Gas Properties
American Oil & Gas Inc. reports a net loss to common stockholders of $10.3 million (loss of $0.21 per share, basic and diluted) for the year ended December 31, 2009 (”2009″), as compared to a net loss to common stockholders of $24.2 million (loss of $0.51 per share, basic and diluted), for the fiscal year [...]
A Company Will Be Exploring The Mine New Gold Mine In The Livengood
An exploration company plans to spend around $8 million firming up data on a gold deposit near Livengood that it said could prove up on par with Fort Knox.
International Tower Hills president and CEO Jeff Pontius said he expects to release a revised resource estimate at the end of June and the results of an [...]
U.S. Protests Action Dumping Done By China In Steel Trade And Produce Of Steel
U.S. Steel Corp. and a chorus of other steelmakers are calling out the Chinese government once again for steel dumping.
In its quarterly earnings call and annual meeting last week, Chairman and CEO John Surma said “unprecedented levels of unfairly traded and subsidized” steel pipe imports
India Starts Auction of Oil, Gas Exploration Areas (Update2)
India started its largest auction of oil and gas fields, offering 70 areas for exploration when energy producers are cutting investments because of falling prices and the global recession.
Boom in US Production Drives Down Natural Gas Prices
Natural gas prices have fallen dramatically this year much like crude prices, but shrinking demand is only one culprit. The other is a gas glut from a boom in U.S. production.
Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
Permit Application Fee for Marcellus Shale Natural Gas
A state environmental review board is scheduled to vote Tuesday to increase the permit application fee for Marcellus Shale natural gas wells from $100 to an average of $2,600, the first gas well permit fee increase in 24 years.
Ripper Oil and Gas Inc. second quarter results Reports Oil and Natural Gas Exploration
Ripper Oil and Gas Inc. (”RIP”) reports that for the six months ended September 30, 2008, oil and natural gas revenue net of royalties was $4,660,593 compared to $2,432,302 for the six months ending September 30, 2007 due to higher commodity prices and production volumes. Six month cash flow from operations was $2,240,035 ($0.11 per [...]
StatoilHydro Sign agreement to explore unconventional gas opportunities With U.S. natural gas producer
Norwegian oil and gas group StatoilHydro said: “StatoilHydro and Chesapeake Energy Corporation , the largest U.S. natural gas producer, have signed a strategic agreement to explore unconventional gas opportunities worldwide.
In addition to the 1.25-billion-dollar cash payment, Statoil was to pay 2.1 billion dollars for a 75-per-cent future stake for the drilling and completion of wells [...]
