Stockwatch reports The U.S. Securities and Exchange Commission targets Jay Budd. The SEC launched the case on Sept. 1, 2009, when it filed a civil complaint against Mr. Briner and Mr. Budd in the Southern District of New York. The complaint identified Mr. Budd as the president of Golden Apple and Mr. Briner as a legal [...]
Continue reading "SEC target Budd says he has no money"
Monday, June 7, 2010
Primary Petroleum reports the appointment of Mr. P. Ted Doughty, Ph.D, P.Geol., and Mr. Peter Carwardine to Primary’s Advisory Board. Mr. Doughty is the founder of PRISEM Geosciences Consulting LLC, which provides comprehensive geological consulting services to the petroleum industry. Mr. Doughty received his B.A. degree in geology from Washington University in St. Louis in 1986 and [...]
Continue reading "Primary Petroleum adds expertise to Advisory Board"
Tuesday, May 25, 2010
Primary Petroleum reports that the recent funding has eliminated all debts and has working capital of approximately $1.2 million. Primary holds 100% Working Interest (”W.I.”) in approximately 130,000 net acres in two Bakken potential prospects in Montana. Its Teton – Pondera lands consist of approximately 110,000 net acres [167 sections] and are located within the ‘Bakken fairway’ and on trend [...]
Continue reading "Primary Provides Update on Its Land Holdings"
Thursday, May 20, 2010
Pakistan’s biggest province, Baluchistan does not usually get in the news because of the attention given to Afghanistan. However, little known to many, the region is rich in gas and oil. This is after China invested in the area to build a deep water port at Gwadar on the Arabian Sea to give it access [...]
Continue reading "Baluchistan Critical than Afghanistan"
Thursday, May 13, 2010
Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity for the mining of oil sands, coal, copper, iron ore, gold, and other mineral resources, has announced their new Executive Vice President in the person of Eric Nielsen. Mike Sutherlin, President and Chief Executive Officer of Joy Global is quoted saying: “I am pleased to welcome Eric [...]
Continue reading "Eric Neilsen Joins Joy Global Inc."
Monday, May 10, 2010
Penn Virginia Corporation (NYSE: PVA) has released their first three months report for 2010. The results were compared to the first quarter of 2009. An example is the quarterly oil and gas production of 10.3 billion cubic feet of natural gas equivalent (Bcfe), or 114.9 million cubic feet of natural gas equivalent (MMcfe) per day [...]
Continue reading "Penn Virginia Releases 2010 Q1 Report"
Tuesday, May 4, 2010
Local fishermen and charter boat captains are affected by the oil spill in Gulf Mexico as fishing areas were closed by the east of the Mississippi River as a precautionary measure. A drilling rig is being made by oil engineers to reduce the oil spill in the Gulf of Mexico. The relief well is to [...]
Continue reading "Oil Spill Increases Urgency"
Wednesday, September 10, 2008
Deloro Resources Ltd. reports that they have received the Canadian, Saskatchewan government permit for Electro Petroleum Inc. to conduct a pilot test on their Wilkie property. The test will use our horizontal well already drilled on the property. The equipment for conducting the test will start moving in immediately. For full details of this press release, click this link. To view [...]
Continue reading "Deloro gets green light for Wilkie Pilot plant"
Wednesday, September 10, 2008
LNG Energy reports that it has signed a letter of intent with Tyner Resources whereby it has agreed to transfer to Tyner all of its 15% working interest in oil and gas leases in the Palo Duro Basin. In consideration of the transfer of the interest (the “Transaction”), Tyner has agreed to issue, subject to regulatory approval, 9,378,208 common shares in [...]
Continue reading "LNG Energy signs LOI for Palo Duro assets"
Thursday, August 28, 2008
If you have been following the business pages lately, you have likely seen reports about the new United States Geological Survey report that has come up with a mean estimate of “1,670 trillion cubic feet of natural gas” in the Arctic Ocean. Additionally, the mean estimates predict “90 billion barrels of oil” and “44 billion barrels of natural gas liquids” undiscovered.
Continue reading "Northwest gassage?"
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Monday, July 19, 2010