Xtreme Oil & Gas to Present at RedChip Virtual Equities Conference

Xtreme Oil & Gas, Inc. announced that it will present at the RedChip Small-Cap Equities Virtual Conference to take place April 19-20, 2011.

Willard G. McAndrew III, CEO of Xtreme, is scheduled to present on Wednesday, April 20, 2011 at 1:15 p.m. EDT. Following the presentation, investors will have the opportunity to speak one-on-one with Mr. McAndrew during a 15-minute question-and-answer session. The online presentation will be webcast live at http://www.RedChip.com and will be archived for a minimum of 30 days.

RedChip’s virtual investor conferences are offered throughout the year and feature publicly traded companies from a wide range of industries including oil & gas, alternative energy, biotechnology, manufacturing, industrial mining, basic materials, business software, construction, Internet services, consumer goods, and more. For more information, or to register to attend the RedChip Small-Cap Equities Virtual Conference, please visit Red Chip’s website.

Xtreme Oil & Gas, Inc. is a rapidly growing Dallas-based independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations producing oil and gas from properties it owns and operates in Texas and Oklahoma.

Alberta Star Drills, Cases and Completes Blackfoot Heavy Oil Well

Alberta Star Development Corp. is pleased to announce that the Company has drilled, cased and completed the first well of the Company’s previously announced (see press release dated March 16, 2011) Blackfoot Phase 1- three (3) well (1.0 net well to the Company) drilling program on the Blackfoot heavy oil property in Lloydminster, Alberta. The well is located at 3D-11-050-02-W4 and is currently producing and the Company expects that once the well has stabilized, production rates will be comparable to that of surrounding heavy oil wells. The remaining two (2) Blackfoot Phase 1 wells on adjacent sections, are expected to be spudded after spring break-up. [Read more...]

Terra Energy & Resource Technologies Signs a Services Contract with YPF for Oil & Gas Exploration in Argentina

Terra Energy & Resource Technologies, Inc., a natural resource exploration technology company, has been granted a services contract by YPF for oil and gas exploration of a license area in the province of Mendoza, Argentina. The contract requires Terra to carry out the services using its satellite-based Sub-Terrain Prospecting (STeP®) technology. STeP® is a proprietary method which uses the innovative models and techniques to remotely process satellite and other analytical data and accurately delineate oil and gas deposits. [Read more...]

Chevron Welcomes Shell to the Wheatstone Project

Shell joins the project as a gas supplier and equity participant

Chevron Corporation announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant.

George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project. The Wheatstone hub will provide a reliable new source of energy to Australia and the region. It will also further enhance Chevron’s position as a leading supplier of liquefied natural gas (LNG) in Asia-Pacific.” [Read more...]

Atlas Copco To Acquire Company in Medical Gases Sector

Atlas Copco Ltd has signed an agreement to acquire the Medical Gas Solutions business from Penlon Ltd, headquartered in the United Kingdom. Penlon Medical Gas Solutions is a leading provider of medical gas systems, medical vacuum equipment, and pipeline components for hospitals.

Penlon Medical Gas Solutions’ business had revenues in 2010 of around MGBP 12 (MSEK 120) and employed about 100 people. The parties have agreed not to disclose the purchase price. The transaction is conditional on clearance by competition authorities. [Read more...]

Approved Name Change – Hawthorne Gold Corp to Become China Minerals Mining Corporation

Hawthorne Gold Corp to Become China Minerals Mining CorporationThe Company is very pleased to announce that effective at the opening April 5, 2011 Hawthorne Gold Corp will officially be re-named China Minerals Mining Corporation. Shares for the Company will now trade under the TSX-V ticker symbol “CMV”. The Company previously traded under the symbol “HGC”.

The Company is also very pleased to welcome Mr. Jian Zhang to the Board of Directors where he will serve as Director and Chairman of the Board and to Dr. Shijia Tang where he will serve as Director and Chief Executive Officer. Additional information can be found on the Company’s website; www.chinamineralsmining.com [Read more...]

NEOS GeoSolutions Announces neoBASIN Program in California

NEOS GeoSolutions neoBASIN Program in CaliforniaNEOS GeoSolutions Inc. today announced that it has secured underwriting for an integrated geological, geophysical, and geochemical study of California’s Ventura Basin. Known by the trade name neoBASIN™, the solution will be used by NEOS’s E&P clients to highgrade their existing acreage positions and to prioritize their upcoming lease bids to align with the most prospective areas for onshore oil & gas exploration within the Ventura hydrocarbon province.

Commenting on the project, Jim Hollis, President and CEO of NEOS, stated, “The Ventura Basin has a long history of hydrocarbon production that dates back to 1861. Approximately 100 oil & gas fields have been discovered since, with cumulative production from the province exceeding 4 billion barrels of oil equivalent. [Read more...]