Articles Tagged "coal futures"

New Oriental Energy & Chemical Corp. Responds to NASDAQ Request for Plan to Achieve Minimum Shareholder Equity Requirement

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a China-based specialty chemical and emerging coal-based alternative fuel manufacturer, reported that on Friday, August 27, 2010, the Company outlined in a letter to the NASDAQ Stock Market the steps it is undertaking to achieve compliance with NASDAQ's minimum shareholder equity requirement of $2,500,000.

CBM Asia’s Partner Medco Energi Spuds First of Three Planned Coalbed Methane Exploration Wells in South Sumatra

CBM Asia Development Corp. (CVE:TCF) announced that Jakarta-based PT Medco CBM Sekayu, a wholly owned subsidiary of PT Medco Energi CBM Indonesia, its operating partner on the Sekayu coalbed methane production sharing contract, has notified the Company that the second coalbed methane exploration well in the Sekayu Production Sharing Contract block located in the South Sumatra Basin, Indonesia, was spud on Saturday, August 28, 2010.

Corsa Capital Ltd.: Proposed Acquisition Transaction and Private Placement

Corsa Capital Ltd. (TSX VENTURE:CSO) announced that it has entered into an agreement dated August 16, 2010 with Wilson Creek Energy, LLC and the owners of Wilson Creek, pursuant to which Corsa will acquire Wilson Creek, subject to the terms and conditions of the Agreement, including the completion of the Private Placement.