Natural Gas Futures Dropped 2.6%
Forexpros reported that natural gas futures dropped on speculation over warm winter temperatures and rising U.S. inventory.
Uncategorized Directory
Diamond Drill Results on Labrador Property for Zone Resources
Zone Resources Inc.(TSXV:ZNR) announced drill results indicating iron intersection on drill hole ZR11-09 and an update on ZR11-08. As quoted in the press release: Drill hole ZR11-09 was the first and only hole to date on a 9-kilometre long anomaly, the longest anomaly from the aggregate of magnetic anomalies mentioned above. Drill hole ZR11-08 was [...]
Zone Resources Inc. Intersects 29.98% Iron Over 85.20 Metres on Labrador Trough Property
Zone Resources Inc. announced the results of diamond drill hole ZR11-05 on the company’s iron ore property in the Labrador trough of northern Québec. As quoted in the press release: The hole intersected iron formation with an average of 29.98% Fe over 85.20 metres. Click here to read the Zone Resources Inc. (TSXV:ZNR,,FWB:7ZR) press release [...]
Gazprom’s South Stream Pipeline Plans Heading South?
Gazprom stands firm over bold new Black Sea pipeline but could be forced to reevaluate their plans as concerns mount over the project’s feasibility.
Zone Resources Inc. – Developing the Girard Iron Property
Zone Resources Inc. (CVE:ZNR) is a junior oil, natural gas, and mineral exploration company based in Vancouver. In March 2011, Zone acquired a 100% interest in the Girard Iron Property, consisting of approximately 7,200 hectares, located in Nunavik, northern Quebec.
Saturn Announces Successful Petroleum & Natural Gas Bid
Saturn Minerals Inc. (CVE:SMI) announce that Saturn has submitted a successful bid for Petroleum & Natural Gas Exploration Permit 3091.
Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
Manitok Energy Inc. (CVE: MEI) is an oil and gas exploration and development company focused on conventional reservoirs in the Canadian foothills and heavy oil in east central Alberta. The company has assembled a portfolio of properties, with varied play-types, in Alberta, Canada. All of these projects are at the drill-ready stage, with recent drilling operations completed on the Swimming property last fall and another drill underway on their Stolberg lands. In mid 2010, Manitok merged with Desco Resources Inc. and raised almost $10 million in order to go public. At the end of December 2010, Manitok completed an $18.1 million equity financing of both common and flow through shares. Manitok is expecting a capital program of about $21 million in 2011.
American Petro-Hunter – Oklahoma Oil
American Petro-Hunter was founded on January 24, 1994. The Company’s primary focus is developing oil and gas exploration projects in the United States. Their principal project is a new interest in North Oklahoma, historically a region in the United States known for prolific oil production.
OMDA Oil and Gas, Inc. Provides Several Key Updates Including a Nationwide Search for an Oil and Gas CEO
OMDA Oil and Gas, Inc. (PINKSHEETS: OOAG) provided several updates on the company’s recent press releases as well as its new widespread search for a qualified Oil and Gas CEO to lead OMDA into the future. The press release is quoted as saying: Recently OMDA has grown into a much different company with various assets [...]
Blugrass Energy Announces MOU With DeepExpro, LLC
Blugrass Energy, Inc. (OTCBB: BLUG) reported that the company has entered into a Memorandum of Understanding with DeepExpro, LLC, a privately held independent oil and gas exploration and production company based in Houston, Texas, to jointly identify, evaluate, acquire, explore, and develop various working interests and net revenue interests in oil and gas prospects.
