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Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the [...]
Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the [...]
Atomic Minerals Announces Signing of Letter of Intent to Acquire 1209 Unpatented Uranimum Mining Claims in Colorado
Atomic Minerals Ltd. (”Atomic” or the “Company”) is pleased to announce that it has entered into an agreement in principle with 0754257 B.C. Ltd. (the “Target”) dated January 11, 2007 (the “Agreement”) to acquire all of the issued and outstanding securities of the Target (the “Proposed Acquisition”).
Atomic is a capital pool company and intends [...]
49 North Resource Fund Announces Merger Plans
49 North Resource Fund Limited Partnership and 49 North 2006 Resource Flow-Through Limited Partnership (the 2006 Fund) report that they plan to merge the two Funds in a reorganization transaction that is targeted to close in February of this year. All outstanding units of the unlisted 2006 Fund will be transferred to 49 North on [...]
Alpha One Corporation to Acquire Aztek Resource Development Inc. and the Mineral Exploration Rights to Two Properties Located in Guyana, South America as its Qualifying Transaction.
Alpha One Corporation Mr. Donald Christie on behalf of the Board reports,
ALPHA ONE CORPORATION TO ACQUIRE AZTEK RESOURCE DEVELOPMENT INC. AND THE MINERAL EXPLORATION RIGHTS TO TWO PROPERTIES LOCATED IN GUYANA, SOUTH AMERICA AS ITS QUALIFYING TRANSACTION
Alpha One Corporation (the “Company”) entered into a letter of intent dated April 3, 2006 with Aztek Resource Development [...]
CrossPoint Energy Company Announces Appointment of New Directors
CrossPoint Energy Company (OTC: CXPE – News), an oil and gas company focused on the acquisition, exploration, and development of oil and gas properties primarily in East and Southeast Texas today announced that its Board of Directors on December 13, 2006 approved the appointment of Messrs. J.W. Brown, Steven R. Shaw and Ross Welgehausen as [...]
