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Africa’s big plans for biofuels – Feature
Visitors to the poor south-east African country of Mozambique are often taken aback at the cost of getting around. “Is petrol is problem,” taxi drivers in the capital Maputo retort when challenged over fares that begin at 100 meticais (close to 4 dollars) for a journey of no more than a couple of blocks.
Spiralling oil [...]
Canadian Mining company, Vangold Resources Ltd, Signs Deal to Explore for Oil
Canadian-based, Vangold Resources Ltd, has signed a production sharing contract (PSC) with Kenya’s Ministry of Energy to explore oil on Block 3A in the North Eastern Province.
This is the third exploration contract to be signed with an international oil company in three weeks.
Block 10A went to Camec International of the UK, Block 11 to the [...]
Oil companies go deep into Gulf’s potential
Last fall, a team led by Chevron Corp. became the toast of the oil industry when it demonstrated that an alluring deepwater region of the Gulf of Mexico could deliver on its promise.
Now, oil companies are taking concrete steps to unlock the area’s potential, with an eye toward extracting oil from there in as little [...]
Pemberton Energy Ltd. – Corporate Update
Pemberton Energy Ltd. wishes to announce that it has engaged the services of Chapman Petroleum Engineering Ltd. to provide engineering, geological and geophysical services on an in-depth ongoing basis, assisting with the Company’s exploration, development and production activities. Key individuals directly involved in engineering, geological and geophysical evaluation will participate in the Company’s incentive stock [...]
Royalite Petroleum Company Inc. Good update
Royalite Petroleum Company Inc. (OTCBB: RYPE) has stopped the initial phase of exploratory drilling on its Royalite State 16-1 above the Navajo sandstone formation because the drilling capacity of the current rig has been exceeded. The Company has contracted with Halliburton Logging Services to run logs on the well. DHS Drilling Co., a subsidiary of [...]
CanAlaska Undertakes Uranium Exploration with Yellowcake plc
CanAlaska Uranium Ltd. (CVV – TSX.V) (”CanAlaska”) and the UK-based uranium investment company Yellowcake plc (PLUS:YEL) (”Yellowcake”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Grease River Project. The Grease River Project is situated along the Northern rim of Canada’s Athabasca Basin in the Province [...]
International Kirkland Identifies Kilometric-Size Coincident Regional Geochemical and Radiometric Anomalies on Their James Bay Uranium Property, Quebec
International Kirkland Identifies Kilometric-Size Coincident Regional Geochemical and Radiometric Anomalies on Their James Bay U.
International Kirkland Minerals Inc. (”IKI” / the “Company”) (TSX VENTURE: IKI) is pleased to announce that it has received the geophysical data from an airborne magnetic, electromagnetic and radiometric survey completed by GPR Geophysics International Inc., of Longueil (Quebec), on the [...]
Eden Energy Corp. Announces Farm-In in the White River Dome Field, Piceance Basin, Colorado
Eden Energy Corp. (OTCBB:EDNE – News) is pleased to announce that it has entered into a farm-in agreement with Starlight Oil and Gas LLC and Starlight Corporation under which Eden and Starlight will undertake development drilling of the Ant Hill Unit on the eastern flank of the White River Dome field in Colorado. The Ant [...]
California Oil & Gas Inks Deal for Acreage in Chile
California Oil & Gas has signed a Letter of Understanding with March Resources through which the Company will farm-in on an exciting exploration program on the Pica North Block in the Tamarugal Basin of Northern Chile, with an option to obtain an interest in the Pica South Block. March has received approval from the Ministry [...]
