Newly Released JORC Compliant Resource Estimate Quadruples Resource Inventory for Sharyn Gol Operations

The directors of Sharyn Gol JSC are pleased to announce the final results of the 2010 JORC Resource Estimate undertaken by independent geological consultants for the Sharyn Gol Mining Project.HIGHLIGHTS * JORC Compliant Coal Resource totaling 374 Mt reported. * 190.5 Mt Measured, 84.4 Mt Indicated and 98.9 Mt Inferred JORC Categories. *... 

Golden Predator Commences 2011 Yukon Drill Program

Golden Predator Corp. is pleased to announce that drilling commenced at its Brewery Creek Project on February 18th initiating the aggressive 2011 Yukon exploration program. The Brewery Creek winter drill program, with a minimum of 2,500 m of oriented core, is intended to expand upon the 2010 discovery at the Bohemian zone where the Company encountered... 

Sentry Petroleum President and CEO Discusses Potential World-Class Coal Resource

Sentry Petroleum Ltd today announced the release of a video interview with Dr. Raj Rajeswaran, Sentry Petroleum President and Chief Executive Officer. The interview is available on the company’s web site at http://www.sentrypetroleum.com/presentations/sentry-video-presentations/ Sentry President and CEO, Dr. Rajeswaran is quoted as saying, “We... 

BP workers could have prevented rig accident: commission

BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the massive Gulf of Mexico oil spill, but they were not consulted, the White House oil spill commission said on Thursday. In an expanded report on the causes of the BP drilling disaster that killed 11 workers and ravaged the U.S. Gulf coast last summer,... 

Infinity Secures Additional Financing and Enters Into Forbearance Agreement With Amegy Bank, N.A.

Infinity Energy Resources, Inc. an independent oil and gas exploration and development company, today announced that it has secured $1,050,000 in additional financing and entered into a Forbearance Agreement (the “Agreement”) dated February 16, 2011 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement, dated January 9, 2007,... 

Samson Oil & Gas Advises on Rodney 1-14H and Earl 1-13H Wells

Samson Oil & Gas Limited advises that firm fracture stimulation dates for the Rodney #1-14H and Earl 1-13H wells have been established. In an earlier presentation Samson expected that the wells would be fracture stimulated in February after a service provider made a crew available, however, that crew was subsequently withdrawn. Fracture stimulation... 

John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

Hercules Offshore, Inc. Signs Purchase Agreement to Acquire Assets of Seahawk Drilling

Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. (Nasdaq:HAWK – News) and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and cash consideration... 

Bird River Resources Reports Progress on New Well

Bird River Resources Inc. is pleased to announce that the drilling portion of a new horizontal oil well at 11-26-1-28W by Atikwa Resources has been successfully completed. The operator is now waiting for a fracing unit which is expected before month end. The well was drilled into the Spearfish formation and is light sweet crude. The well is located... 

IC Potash announces commencement of preparation of the Ochoa Project Prefeasibility Study

IC Potash Corp. is pleased to announce the commencement of the Ochoa Project Sulphate of Potash (“SOP”) Pre-feasibility Study. Through this study and concurrent environmental work, the Company will establish the engineering basisfor the Ochoa Project for mining, processing, and SOP marketing. This announcement complements recent operating...