Asian Activities Report for August 25, 2011 includes: Roc Oil Company Limited (ASX:ROC) today releases its Half Year Financial Report for the period ended 30 June 2011; IMX Resources Limited (ASX:IXR) has received the analytical results for the Snaefell iron ore prospect in South Australia; Radar Iron Limited (ASX:RAD) has received further highly encouraging drill results from the Die Hardy Range iron ore project in Western Australia; Automotive Technology Group Limited (ASX:ATJ) announced an exclusive aftermarket distribution agreement with Bullet Performance Products Pty Ltd; Tata Chemicals Limited (BOM:500770) is to acquire shares in EPM Mining Ventures Inc. (CVE:EPK).
Roc Oil Company Limited
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) advises it intends to make a non-cash accounting adjustment to the carrying value of its Basker-Manta-Gummy project (BMG). A nominal value for BMG will be retained while options are evaluated for a potential Phase 2 gas and liquids development project.
Australian Market Report of January 31, 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture Achieved Milestone In China Oil Fields Development
Australian Market Report of January 31, 2011 includes: China National Offshore Oil Company Limited (HKG:0883) (NYSE:CEO) has approved the Project Investment and the Overall Development Plan for the development of the three oil fields in China; Copper Strike Limited (ASX:CSE) signed agreements with China to fund multi-deposit project in North Queensland; Jupiter raises A$150 million to advance mining projects in South Africa and Australia; Viralytics Limited (ASX:VLA) (PINK:VRACY) has received Chinese notice for the grant of a patent involving of the use of CAVATAKTM RNA as an anti-cancer agent in human melanoma.
Clean Global Energy Limited (ASX:CGV) is pleased to announce the appointments of Wayne Rossiter as Chief Financial Officer and Carl D'Silva as Exploration and Mining Geologist. Wayne Rossiter is a mining engineer and a chartered accountant with extensive experience in the mining and energy sectors. Carl D'Silva is an exploration and mining geologist with experience in PNG, Indonesia and Australia.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) releases Quarterly Report ending 31 March 2010.
The Australian share market declined on Wednesday as miners were lowered on China's move to tighten monetary policy, which hit commodities prices. At the close, the benchmark S&P/ASX200 index fell 31.4 points, or 0.6 per cent, at 4868.1, while the broader All Ordinaries index retreated 31.5 points, or 0.6 per cent, to 4900.1.
Asian markets mostly opened higher this morning, but reversed early gains after profit taking selling. Tokyo market fell in a choppy trade despite a positive support from Wall Street. This is largely due to a stronger yen and worries over some corporate financing plans. Korean market was down as foreign investors continued to offload Seoul stocks.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 12 August, 2009. Highlights of the week's activities include: Marino-1 (PEL 91, Beach 40%) has been plugged and abandoned and the rig has been released. Basker-7 (Beach 30%) has been cased and completed as a Latrobe Group oil producer. The Ocean Patriot semi-submersible drilling rig is expected to be released to Beach for the drilling of the Spikey Beach-1 exploration well in T/38P, in the Bass Basin, offshore Tasmania, later today. The Comet Jack-up rig has moved onto the NS394-3 (Burtocal North) oil exploration well location (Beach 20%) in the Gulf of Suez.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 12 August, 2009. Highlights of the week's activities include: Marino-1 (Beach 40%) spudded on 22 August and is currently drilling ahead in the Toolebuc Formation at a depth of 1003 metres. Basker-7 (Beach 30%) has been cased and suspended as a future Latrobe Group oil producer.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report and well location maps for the week ending 12 August, 2009. Highlights of the week's activities include: Chiton-1 is drilling ahead at a depth of 887 metres in the Allaru Mudstone. Burnside-1ST1 (Beach 7.34%) is being plugged and abandoned as planned. Basker-7 (Beach 30%) has reached total depth of 3921 metres.