Japan tsunami grazes Americas but impact light

Tsunamis triggered by Japan’s devastating earthquake that prompted thousands to flee the Pacific coast of North and South America caused flooding as far away as Chile on Saturday, but damage was limited. The tsunami lost much of its energy as it moved thousands of miles (km) across the Pacific Ocean, although governments took no chances and ordered... 

Golden Dawn Receives Excellent Gold and Copper Values From Initial Drilling on Greenwood Targets, British Columbia, Canada

Golden Dawn Minerals Inc.is pleased to announce the first batch of assay results from its November and December 2010 16-hole drilling program on the Wild Rose Property, near Greenwood, B.C. which targeted the potential for high grade veins in association with open-pit bulk tonnage low grade gold-copper zones on the Wild Rose and Tam O’Shanter... 

ESG Solutions Completes Large-Scale Microseismic Hydraulic Fracture Monitoring Program for Nexen Inc.

ESG Solutions (Engineering Seismology Group or ESG), an industry leader in microseismic technology and services, is pleased to announce the successful completion of the largest microseismic hydraulic fracture monitoring program conducted in Canada to date. The real-time microseismic mapping project for Nexen Inc. in the Horn River Basin in northeast... 

Mullen Group Ltd. Expands Fluid Hauling Capabilities

Mullen Group Ltd. announced today a number of transactions that will expand its fluid handling and hauling capabilities in northern Alberta and northeastern British Columbia. “Acquiring businesses leveraged to fluid hauling and the production services segment of the oil and gas industry has been a strategic focus of the Mullen Group for several... 

NGAS Resources Announces Definitive Agreement to be Acquired by Magnum Hunter Resources

NGAS Resources, Inc. a leader in horizontal drilling and completion technology in the southern Appalachian Basin, today announced a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR), providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia corporation,... 

Magnum Hunter Resources to Acquire Appalachian Basin Focused NGAS Resources for $98 Million

Magnum Hunter Resources Corporation and (AMEX:MHR-PC – News) (“Magnum Hunter”, or the “Company”) announced today that it has entered into a definitive agreement to acquire Appalachian Basin focused NGAS Resources, Inc. (NASDAQ:NGAS – News) for approximately $98 million (USD) in common stock and assumed liabilities.... 

Dejour Oil Discovery Tests Over 500 Barrels of Oil per Day

Dejour Enterprises Ltd. releases the results of a 24 hour production test of the new oil discovery at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia that was announced last week. Production casing was set on Well A-1-I/94-H-02 after it encountered a Halfway oil pool and other productive horizons (See Dejour news release... 

Innergex increases its net installed capacity by 53 % as Ashlu Creek starts commercial operation

Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start... 

Electric vehicles, infrastructure power 2009 Beyond Oil conference

Shiny new electric vehicles, emitting only low-whirring sounds, glistened as they darted among the few sun breaks in Seattle outside a Cascadia Center conference titled Beyond Oil: The Sustainable Communities Initiative. The all-electric Ford Focus made its debut at the late-October event, co-sponsored by Idaho National Laboratory. Ford’s Focus... 

Obama Administration Pushes Accelerator for Renewable Fuels

The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American...