Eyes are on Kilgore Minerals as it commences its drilling program in southeastern Idaho to follow up on an encouraging drill hole in 2004. We talked with Norm Burmeister, Chief Executive of Kilgore Minerals about the Dog Bone Ridge target area, and what he hopes to achieve with this seasons drilling campaign.
Chinas Energy Plan to Reduce Its Dependence upon Coal
China’s air pollution and coal mining deaths have horrified the global community. The country is now taking actions to reduce both. One energy plan includes coal bed methane gas, which vents the coal mines and prevents explosions. It is used as a natural gas, and is helping China expand its dependence upon a cleaner burning fuel. Now Canadian companies are rushing to China to capitalize upon the opportunities the Chinese govt is giving them. How can investors benefit from this?
Predicting Oil Prices: the shortage lies in the fact.
Any numbers of energy experts—in Wall Street, in specialist trading outfits and in government bureaus throughout the world—have concluded that, since demand for oil will continue to outstrip supply, crude prices will remain on a firm-to-higher path in the foreseeable future. The problem is that hardly any statistical formulation is based on audited or established facts. Data from countries within the OPEC (Organization of Petroleum Exporting Countries) has proven to be totally unreliable. And oil consumption estimates from countries like India and China are just that, estimates.
Advances In Technology Making Coalbed Methane Exploration More Effective
New technologies being used to drill for, and produce, coalbed methane (CBM) gas are making it easier to get out the gas. Thats according to Dr. David Marchioni, one of Canadas leading CBM geologists, who appeared on Canadas ROB TV in late April. Because of advances in the technology, one can be more effective in getting the gas out, Dr. Marchioni told the reporters on Canadas leading business television network.
Questioned about how CBM gas was different from conven…