Field Public Relations
News
The 2006 result - which was at the upper end of the Company's forecast range - was 9% higher than 2005 total production of 56.0 mmboe and 7% higher than Santos' previous record production of 57.3 mmboe achieved in 2002.
An intensive uranium exploration drilling program announced today and to commence in South Australia next month has cemented Adelaide Resources Limited's change of focus to a committed uranium and mineral sands explorer.
Successful test results and gas flow from the Baxter Shale have been recorded by the operator, Samson Oil & Gas (SSN), following the frac program undertaken in the Green Canyon 29-2 well.
Discovery Metals Limited (ASX: DML; BSE: DML) is "on track" to increase the JORC compliant Inferred Resource at its Maun Copper Project in north-west Botswana after the latest drilling results showed consistently higher grades of copper-silver mineralisation than the previous resource estimate.
Petsec Energy Ltd (ASX: PSA)(PNK: PSJEY)will next month commence its biggest USA onshore oil and gas drilling program since the Sydney-based company commenced USA operations more than 12 years ago.
FerrAus (ASX: FRS) announced today the new targets plus interpreted extensions of known mineralised areas of interest at the Robertson Range project, could take the Company's overall resource base there to between 40-50 million tonnes.
Metallica Minerals Limited (ASX: MLM) today announced it had raised $2.5 million through the conversion by investors of listed and unlisted options in the diversified Brisbane-based resource company.
Queensland Gold and Minerals Limited (ASX: QGM) listed on the Australian Stock Exchange January 3rd after raising $4 million for a comprehensive exploration program.
State and Federal energy and water authorities have been called on to more rapidly adopt "new thinking" if Australia is to overcome its sluggishness in exploiting options to combat drought, urban water shortages and increasing power bills.
An extensive drilling program has been commenced by Ramelius Resources Limited (ASX: RMS) to determine both the open pit cut-back and the underground mining potential of its Wattle Dam open-pit gold mine near Coolgardie in Western Australia.
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