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Ultra-Deepwater Rigs are Back
Ben Bernanke, head of the Federal Reserve, went on 60 Minutes over the weekend and talked about a third round of quantitative easing (QE3). I’m of the opinion...
Aurizon Mines (AMEX:AZK) Increases Gold Resource Estimate at Hosco Deposit
Aurizon Mines (AMEX:AZK) (TSE:ARZ) has increased its gold resource projection at its Hosco deposit, based on infill drill programs in the fall of 2009 and winter...
Safety fluid was removed before oil rig exploded in Gulf
There was, however, a simpler protection against the disaster: mud. An attorney representing a witness says oil giant BP and the owner of the drilling platform,...
Seabridge Gold (AMEX:SA) Begins KSM Drilling
Today Seabridge Gold (AMEX:SA) said it has started to drill at its KSM project in the Stewart, British Colombia, Canada area.KSM, which is 100 percent owned by Seabridge,...
Vantage Drilling Company (VTG) Reports Higher Net Income in First Quarter of 2010
Vantage Drilling Company reported net income of $6.0 million, or $0.03 per diluted share, in the first quarter of 2010. The company earned net income of $2.4 million,...
Iran offers to help contain US oil spill
Press TV | The National Iranian Drilling Company (NIDC) has offered to assist the US in efforts to prevent an ecological disaster caused by the spreading oil spill...
Kodiak (TSX.V:KXL) Grants Option on Roy Property / Drilling Continues at Athabasca Basin Project
Kodiak (TSX.V:KXL) Grants Option on Roy Property / Drilling Continues at Athabasca Basin Project Vancouver, British Columbia – March 4, 2010 – Kodiak...
Baker Hughes to Present at the CLSA AsiaUSA Forum
HOUSTON, Feb. 19 /PRNewswire-FirstCall/ Baker Hughes Incorporated announced today that Scott Schmidt, President, Drilling&Evaluation, will present at the CLSA...
Timor Sea Drilling Update – Lolotoe-1 Well
OILEX LTDtimor sea Timor Sea Drilling Update – Lolotoe-1 Well See the rest here: Timor Sea Drilling Update – Lolotoe-1 Well
Oil, gas companies object to paying higher fee for drilling permit applications
BLM now collecting higher drilling application fee CHEYENNE, Wyo. — A huge increase in the application fee for oil and gas companies to drill on federal land is...
IOGCC Selects HARC Program for Stewardship Award
The Environmentally Friendly Drilling Systems Program, a collaborative project led by the Houston Advanced Research Center , has been selected by the Interstate...
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