Abraxas Petroleum has closed on the sale of certain non-core assets located in South Texas for a total consideration of $12 million, subject to closing adjustments. The effective date of the sale was August 1, 2006. The non-core assets were located in the Three Rivers (Edwards) Field of Live Oak...
It’s a great time to have a newly minted degree in petroleum engineering. The recent dip in oil and gasoline prices hasn’t dented an over-the-top demand for entry-level petroleum engineers and others with energy-related technical educations, experts say. A graduate with a degree in petroleum engineering can expect a starting salary...
Flair Petroleum Corporation (PINK SHEETS: FPMC) reports that it has entered into an agreement which gives the Company the exclusive right to acquire a 100% working interest in leases consisting of in excess of 1000 acres in the Asphalt Ridge Tar Sands deposit from the surface down to 1000...
Saturday, August 26th 2006 At least four people were killed and 100 injured when police opened fire on thousands of Bangladeshis trying to storm an office of British coal miner Asia Energy Plc on Saturday, witnesses said. They were protesting against an open pit coal mine project Asian Energy is planning...
Hours of digging at a hot spot off Underwood Road on Friday showed no evidence of a mine fire. Workers from the federal Office of Surface Mining rooted through steaming dirt, stumps and mine refuse, but the heated vapor and material appeared to be related to composting, not a fire,...
Friendly Energy Corp. (Other OTC:FDEG.PK) announces today a correction of the press release of June 13th, 2006, previously announcing the company had received a drilling permit for the Asher No. 1 joint venture prospect was effective June 15th, 2006, which was reported incorrectly. The company’s joint venture partner and...
Work on a new clean coal project in central Queensland could start within two years, now that a feasibility study has been completed. Under the world first technology, waste carbon dioxide from the power production process would be pumped underground around Emerald and Springsure. Stanwell operations director John McGarry says the...
Thursday, August 24th 2006 They make for a collection of strange bedfellows. But together, they are about to accomplish something unprecedented. A conservation group, a jewelry company, a ski resort and the federal government have pooled their resources to reclaim an abandoned hard-rock mine complex in Mineral Basin that has been...
Thursday, August 24th 2006 A young man has suffered serious facial burns while working at a coal mine in south-western Sydney. The 21-year-old was working on the surface of the Douglas Park mine when an oxygen bottle caught fire and badly burnt his face. The NRMA Careflight helicopter airlifted the Queensland man...
The Region 3 office of the Mines and Geosciences Bureau (MGB) has recommended to Environment and Natural Resources Secretary Angelo Reyes the cancellation of four small-scale mining permits issued by Bulacan Gov. Josefina de la Cruz in Doã±a Remedios Trinidad town. This, as MGB-Region 3 engineers discovered that the areas...
© Copyright 2022. All Rights Reserved.