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Brigham Exploration successfully drills Sullivan #15 well
Brigham Exploration Company has announced the successful drilling of the Sullivan #15 well, extending its Home Run Field and proving up additional locations. Brigham also announced initial production to sales for its Mills Ranch 96 #1.
Gulf Coast Vicksburg
Home Run Field Successfully Extended — Brigham successfully drilled and is currently completing the Sullivan #15, which encountered [...]
Oil surges on supply, Iran worries
Oil and other petroleum futures surged Thursday amid supply concerns sparked by a decline in crude inventories at a key Oklahoma terminal and the confrontation between the West and Iran.
This is basically fear of a fundamental supply disruption,” said Fadel Gheit, an analyst at Oppenheimer & Co.
The U.S. is trying to raise support for new [...]
Freegold Drilling Intersects 28.5 g/t Over 9 feet On Golden Summit Tolovana Vein
Freegold Ventures Limited is pleased to announce results from 54 holes drilled at the Company’s Golden Summit project outside Fairbanks, Alaska. Located on the western end of the known gold mineralization in the Cleary Hill mine area, drilling has extended the strike length of the high-grade Tolovana Vein to over 825 feet. The Tolovana [...]
Read moreDejour and Partners Commence Piceance Basin Drilling
Dejour Enterprises Ltd. Robert L. Hodgkinson, Chairman&CEO announces the commencement of drilling on the first of 2 well locations on the North Barcus Creek Prospect by Dejour and its partners, on or about July 18, 2007. This deep basin centered natural gas prospect is located in the north-central part of the Piceance Basin of [...]
Read moreGold Prices Flat as US Dollar Pares Gains on US Data, Mining Stocks Mixed
Spot gold prices once again were steady around US$1,125/oz after showing yet more volatility yesterday, when the yellow metal slipped below US$1,120/oz after almost reaching US$1,135/oz, largely in response to movements in the currency markets.
Gold fell after the euro weakened against the US dollar on comments from a Greek official, who said that the country [...]
