Edge Resources Announces Issuance of Stock Options

Edge Resources Inc. announced today that it has granted incentive stock options for a total of 1,200,000 common shares of the Corporation at a price of $0.36 per share (with respect to 1,000,000 of the options) and $0.30 per share (with respect to 200,000 of the options) all for a period of five years, under the formal stock option plan approved at... 

OGX Announces the Presence of Hydrocarbons in Well 1-MRK-3/4P-RJS in the Campos Basin

OGX Petróleo e Gás Participações S.A. the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Santonian, Albian and Aptian sections of exploration well 1-MRK-3/4P-RJS, which is located in the BM-C-37 block, in the shallow waters of the Campos... 

Aspen Aerogels Delivers Aerogel Insulation to Technip for Subsea Natural Gas Pipeline in Brazil

Aspen Aerogels has completed delivery of Spaceloft advanced thermal insulation to Technip for a 21-kilometer subsea natural gas pipeline off the coast of Brazil. Technip is building the rigid pipeline for the Brazilian state-run oil company Petrobras. The line will connect the Canapu field (1,700 meters deep) to the Cidade de Vitoria floating production... 

Platina Energy Group Reports Hydrocarbon Validation in Kentucky

Platina Energy Group, Inc. reports Magnetic Resonance Detection interpretation by David Shroff, PE, further validating and quantifying oil and gas reservoirs in Kentucky. This same engineer has a substantial history including 120 prior successful well evaluations. Additionally, the Company has retained the unique completion services of a proprietary... 

Dutch-Malaysia Cooperation to Reduce CO2 Emmissions

The Netherlands and Malaysia have joined forces to dispel the confusion that has arisen surrounding greenhouse gas emissions from oil palm cultivation in tropical peatland areas. Dutch Minister Cramer (Housing, Regional Development and Environment) and Malaysian Minister Chin (Plantation Industries and Commodities) set up the Joint Committee on Carbon... 

Panasas Parallel Storage Drives Completion of Seismic Processing Jobs Up to Six Times Faster for Geofizyka Krakow

Panasas, Inc., the global leader in parallel storage solutions, today announced that, through the deployment of a Panasas AS3000 parallel storage solution, Geofizyka Krakow is completing seismic processing jobs up to six times faster. This performance boost positively impacts its geophysicists’ productivity by providing faster results and the... 

USA Superior Energy Holdings Signs LOI With Hunt Global Resources

USA Superior Energy Holdings, Inc. announced it has executed a letter of intent to merge with Hunt Global Resources Inc. of Montgomery, Texas. The transaction will be in the form of a “reverse merger.” Under terms of the agreement, Hunt will assume a majority stock position and appoint a new board of directors. Full details of the transaction...