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Drumbeat: December 8, 2009

21 hours ago ago from The Oil Drum - Discussions about Energy and Our Future

OIL: A Market Psychology of Fear? VANCOUVER, Canada (IPS/TerraViva) - With or without a binding deal at the climate talks in Copenhagen this month, it seems the world may have to cut its oil consumption, as emerging geological and economic trends limit the availability and affordability of petroleum. Back in the 1970s, Saudi Arabia's flamboyant oil minister Sheik Ahmed Zaki Yamani articulated what has become conventional wisdom for ...

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Brookfield Acquires Common Shares of Insignia Energy

13 hours ago ago from Crude Investing news

Brookfield Special Situations announced today that the company has acquired 650,000 common shares of Insignia Energy Ltd. (TSX:ISN) under a Private Agreement Exemption. The press release is quoted as saying: Insignia Energy is a Calgary-based oil and natural gas company engaged in the exploration for and the acquisition, development and production of natural gas and crude oil in Canada. Click here to access the entire press ...

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OilVoice | Enhanced Oil Resources Provides Corporate and Operations Update

19 hours ago ago from OilVoice | The web's number one Oil and Gas website

OilVoice David Bamford Exploration: Who's Winning and Where? News Company Key Data Alt Energy Reference Notice Board About Us Tools Aberdeen Latest Headlines Acquisitions & Mergers AIM Licensing Round Discovery People on the Move Farm In Opportunities By Country Subsea You are in: Home News Item Enhanced Oil Resources Provides Corporate and Operations Update 08 December 2009 Enhanced ...

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WallstreetStockReview.com on Promising Developments at Mundus | Business Finance News | Stock Market | equity | Investment

9 hours ago ago from Business & Finance News | Stock Market | equity | Investment

by EIN on 2009/12/09 in economy ( EMAILWIRE.COM , December 08, 2009 ) Del Mar, CA Josef Obermeier, CEO of Mundus Group, recently commented on his satisfaction with the AirStar Acquisition, Newly acquired subsidiary AirStar International has built a remarkable business, providing unmanned air vehicles for a wide range of customers including government agencies, television and film studios and aerial surveillance companies. ...

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Unswayed by Political Risks, Oil Companies Eye Iraq’s Multibillion-Barrel Prize

17 hours ago ago from StockTwits Network

As multinational military forces have left Iraq, international petroleum companies have eagerly descended - seduced by the long-term potential of vast oil reserves off-limits to foreigners for decades. Yet lingering violence, legal questions and political uncertainty make doing business in this country a gamble. In the first international oil auction held last June, widely seen as [...]

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Enhanced Oil Resources Inc. Provides Corporate and Operations Update

19 hours ago ago from Good News Now

HOUSTON , Dec. 8 /PRNewswire-FirstCall/ - Enhanced Oil Resources Inc. (TSX-V: EOR) today provides the following update on corporate and operational activity. As previously reported the Company has been actively pursuing a reactivation program at the Company's 98.5% owned Crossroads Siluro-Devonian Unit in Lea County, New Mexico . As last reported the Company had increased production at Crossroads from 36 BOPD during July 2008 (at time of ...

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Land Star Inc. (LDSR) Comes Closer to a Cooperation Deal in Zhuhai City

23 hours ago ago from Good News Now

BEIJING , Dec. 8 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR; http://www.landstarcorp.com ) received a visit form representatives of Zhuhai Guo Ao Environmental Engineering Co. The representatives visited Hubei Chuguan Industrial Co. Ltd. in Wuhan to accelerate the cooperation between the two companies. During the two-day visit, Mr. Guo Yan -ping, the Director of Zhuhai Guo Ao , along with other company representatives, scrutinized Hubei ...

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Energy, Inc. Announces Its Intent to Transfer to the NYSE Amex Stock Exchange

11 hours ago ago from Good News Now

MENTOR, Ohio, Dec. 8 /PRNewswire-FirstCall/ -- Energy, Inc. (Nasdaq: EGAS) today announced that it has been authorized to list its shares of common stock on the NYSE Amex stock exchange. Energy, Inc. anticipates the shares of its common stock will begin trading on the NYSE Amex on December 18, 2009, using its current symbol "EGAS." Until that time, Energy, Inc.'s common stock will continue to trade on NASDAQ Global Market. "We are excited ...

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Mainland Resources, Inc. Announces Changes to the Board of Directors

21 hours ago ago from PopEater

HOUSTON, Dec. 8 /PRNewswire-FirstCall/ -- Mainland Resources, Inc. (OTC Bulletin Board: MNLU; Frankfurt: 5MN) announces changes to the Board of Directors. Mainland Resources, Inc. management has accepted the appointment of Peter G. Wilson as Vice President of Business Development, and Peter G. Wilson and Johnathan A. More as members of the Board of Directors. During the past 18 years, Peter G. Wilson has been actively involved in senior level ...

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Health Net to Resume Stock Repurchase Program

22 hours ago ago from Good News Now

Health Net, Inc. (NYSE:HNT) today announced that its Board of Directors has authorized the company to resume repurchases of its common stock under its existing stock repurchase program. Of the aggregate amount approved under this program, approximately $103.3 million remains available for repurchase. “We are pleased that our Board of Directors has authorized a resumption of share repurchases under our stock repurchase program,” said Jay ...

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