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Random News from Tambang.Org

Time Change For Energen Earnings Conference Call

In conjunction with the release of 2010 financial results, Energen Corporation will broadcast a conference call live over the Internet on Thursday, January 27, 2011, at 11:00 a.m. ET. Company representatives will include James McManus, chairman and chief executive officer; Chuck Porter, chief financial officer; and Julie Ryland, vice president of investor relations.
WHAT: Energen Corporation [...]

Interline Announces NorthCut Refinery Funding Plan

Interline Resources Corporation announced that is has reached agreement to delay interest payments for financing on its NorthCut Refinery.
A spokesman for Interline Resources stated, “Discussions with Private Capital Group (PCG), the constructing lending source for the NorthCut Refinery, has led to a joint agreement to delay the payment of accrued interest on construction financing to [...]

Stake of Swiss AVELAR Energy Group in Falcon Oil & Gas reaches 16%

The Swiss energy and gas company AVELAR Energy Group announced today that its stake in Falcon Oil & Gas Ltd. has reached 16.11%. Igor Akhmerov, CEO of AVELAR, commented: “We have fundamental belief that the management team of Falcon, together with Exxon and MOL, will bring the company to successful exploration results. Our investment in [...]

FreeWave Technologies Chosen by OG&E for its Smart Grid Project

FreeWave Technologies manufacturer of the most reliable, high-performance spread spectrum and licensed radio solutions for mission critical data transmission, today announced it has been selected by OG&E for its comprehensive smart grid deployment. As part of this project, OG&E will utilize FreeWave’s FGR2-PE wireless radio solution for the distribution automation component of the smart [...]

MPM Secures NASA Sponsored NEOGEN Technology For SKYGAS Heat Recovery Applications

MPM Technologies, Inc. announced that its wholly owned subsidiary Nupower, Inc. has entered into an exclusive agreement with Unitel Technologies, Inc. (UTI) to license the NEOGEN technology for all heat recovery applications downstream of its SKYGAS electrokinetic reactor. MPM’s exclusive arrangement also covers plasma arc gasification systems.
NEOGEN is an energy harvesting system that enables the [...]

Hanwei Executes Binding Agreements to Complete Deta Acquisition

Hanwei Energy Services Corp. announced that it has entered into binding purchase and sale agreements for the acquisition of the 99 percent equity interest in Daqing Deta Electric Co. Ltd. (“Deta”). The agreements will now be filed with the Chinese authorities to process the transfer of the 99 percent equity interest in Deta to Hanwei’s [...]

Samson Oil & Gas Presents in New York

Samson Oil & Gas Limited is presenting at two investor conferences in New York. Samson’s presentation at the Australian Resource Conference USA is scheduled for 11:30 a.m. Eastern Daylight Time on Thursday, April 7th, (which is Friday, April 8th, 01:30 a.m. in Sydney). The presentation is being webcast and is available at http://live.arcusa-newyork.com. Samson is [...]

Powertech Acquires Additional Land at Dewey-Burdock

POWERTECH URANIUM CORP. announce that, through its wholly owned subsidiary Powertech (USA) Inc., it has entered into an Agreement with Neutron Energy Inc. to exchange some of the Company’s non-core properties in New Mexico, Wyoming, and South Dakota for acreage located within and adjacent to Powertech’s Dewey-Burdock project in South Dakota.
The acreage to be acquired [...]

Tri-Valley Subsidiary Arranges $5 Million Initial Funding to Accelerate Production

Tri-Valley Corporation announced that its subsidiary, Great Valley Production Services LLC (GVPS), has arranged its first $5 million tranche to fund expansion of equipment and infrastructure to accelerate oil and gas production increase on its six development properties in California.
GVPS already has 17 steam generators with five in the field and 12 more being refurbished [...]

State of Illinois, FutureGen Partners Highlight Significant Progress and Unwavering Commitment to Bring Project Home to Mattoon

Illinois Department of Commerce and Economic Opportunity Director Jack Lavin today assembled national, state and local partners to announce new developments in the state’s effort to secure the landmark FutureGen clean energy project. The progress report included new geophysical data that confirm the suitability of the Mattoon host site to securely store greenhouse gases captured [...]