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. *...
Gulf Shores Resources Ltd. has entered into an arms length agreement with Crown Point Ventures Ltd. (Crown Point) whereby the Company will purchase Crown Point’s 47.5% interest in 2,328 acres of Petroleum & Natural Gas rights in the Wapella area of South-East Saskatchewan for a purchase price of CDN$280,000. The acreage is prospective for...
Alpha Natural Resources is close to a $7 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year, sources familiar with the matter said on Friday. One of the sources said Massey shareholders will receive slightly more than one Alpha share for each Massey share in addition to $10 per share in cash, for a value...
Northern Offshore, Ltd. announced today that Mr. Gary L. Bauer has joined the company as Senior Vice President, Operations. Gary W. Casswell, Northern Offshore’s president and CEO, said “Gary is a welcome addition to Northern Offshore, and we are very pleased to have him join our team. His extensive experience with operations and international...
Altima Resources Ltd. announces that Whitney Pansano has resigned as a director. The Company thanks Mr. Pansano for his service as a director over the past five years. For clarification, the directors and officers of the Company are now comprised as follows: Rick Switzer, CEO, President and director James O’Byrne, Chairman and director Richard...
Mexivada Mining Corp. (MNV.TSX-V) is pleased to announce the signing of an option to purchase 70% of the Poker Flats property, and makes the following announcement: Mexivada has entered into an Agreement with Spartan Gold Ltd (OTCBB:SPAG.ob – News), a U.S. based junior gold exploration company and with Sphere Resources Inc. (“Sphere”)...
Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent...
Northern Offshore, Ltd. announced that its subsidiary, Northern Offshore U.K. Ltd., was awarded a contract with Ithaca Energy (UK) Limited (“Ithaca”), a subsidiary of the Canadian independent oil and gas company Ithaca Energy Inc., for the jackup Energy Enhancer. The one well tie back and completion program in the Jacky Field, Inner Moray...
Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (“ADM...
China New Energy Group Company, a leading energy project developer specializing in the development of natural gas distribution networks, and distribution of natural gas in China, today announced that it has entered into an agreement to acquire 51% of Qinhuangdao Chensheng Gas Co., Ltd. (“Chensheng Gas”), a leading natural gas project operator...