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Business News Archive - January 02, 2008

Comstock Resources has acquired certain oil and gas properties and related assets from SWEPI, an affiliate of Shell Oil Company, for $170 million. The properties in south Texas include 67 producing wells which are currently producing 22 million cubic feet of natural gas equivalent per day.

Peter Meredith, CEO of SouthGobi Energy Resources Ltd. (TSX VENTURE: SGQ) and Gene Wusaty, COO, Coal Division, announced today encouraging initial geologic and analytical results from the 2007 deep drilling exploration program at the Ovoot Tolgoi underground coal project in southern Mongolia.

FOXBORO, Mass., Jan. 2 /PRNewswire-FirstCall/ -- In response to growing demand for the company's voice and data products and services, Verizon Wireless has opened a location in Foxboro, Massachusetts.

Word of the Day
shavie
  • A trick or prank.
The word 'shavie' is related to 'shave'.