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Latest Permian Stories

Image 1 - New Technique Unlocks Secrets Of Ancient Ocean
2011-10-11 11:53:04

ASU researchers develop new method to learn about Earth's largest mass extinction event Earth's largest mass extinction event, the end-Permian mass extinction, occurred some 252 million years ago. An estimated 90 percent of Earth's marine life was eradicated. To better understand the cause of this "mother of all mass extinctions," researchers from Arizona State University and the University of Cincinnati used a new geochemical technique. The team measured uranium isotopes in ancient...

2011-10-10 09:23:41

Results contradict several theories for cause of extinction While the cause of the mass extinction that occurred between the Permian and Triassic periods is still uncertain, two University of Rhode Island researchers collected data that show that terrestrial biodiversity recovered much faster than previously thought, potentially contradicting several theories for the cause of the extinction. David Fastovsky, URI professor of geosciences, and graduate student David Tarailo found that...

2011-10-03 14:16:45

Harsh living conditions caused by major fluctuations in the carbon content and sea levels, overacidification and oxygen deficiency in the seas triggered the largest mass extinction of all time at the end of the Permian era 252 million years ago. Life on Earth was also anything but easy after the obliteration of over 90 percent of all species: Throughout the entire Early Triassic era, metazoan-dominated reefs were replaced by microbial deposits. Researchers had always assumed it took the Earth...

2011-08-19 10:00:00

DALLAS, Aug. 19, 2011 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.117780 per unit, payable on September 15, 2011, to unit holders of record on August 31, 2011. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

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2011-08-08 09:07:48

By Robert Sanders, UC Berkeley The demise of the world's forests some 250 million years ago likely was accelerated by aggressive tree-killing fungi triggered by global climate change, according to a new study by a University of California, Berkeley, scientist and her Dutch and British colleagues. The researchers do not rule out the possibility that today's changing climate could cause a similar increase in pathogenic soil bacteria that could devastate forests already stressed by a warming...

2011-07-19 11:00:00

DALLAS, July 19, 2011 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.148472 per unit, payable on August 12, 2011, to unit holders of record on July 29, 2011. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2011-07-13 08:30:00

SCOTTSDALE, Ariz., July 13, 2011 /PRNewswire/ -- American Standard Energy Corp. ("ASEN" or the "Company") (OTCBB: ASEN), announces that it has commenced a 10 net well drilling program in Andrews County, Texas. ASEN plans to drill the University Andrews 42 #2 well to the Devonian formation and then subsequent wells will be drilled to the Strawn formation and completed in the Strawn, Wolfcamp, Spraberry and Lower Clearfork formations. The Company will own 100% working interests in all 10...

2011-06-28 07:30:00

DENVER, June 28, 2011 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that it has entered into an agreement to sell for $191 million its 57.5% operated working interest in the Riley Ridge Federal Unit and gas plant located in southwestern Wyoming. The sale is expected to close in July and is subject to satisfactory completion of customary due diligence. The sale does not impact Cimarex's expected 2011 production estimates, as the plant was not expected to come online until...

2011-05-05 22:04:01

The end-Permian extinction, by far the most dramatic biological crisis to affect life on Earth, may not have been as catastrophic for some creatures as previously thought, according to a new study led by the University of Bristol. An international team of researchers studied the parareptiles, a diverse group of bizarre-looking terrestrial vertebrates which varied in shape and size.  Some were small, slender, agile and lizard-like creatures, while others attained the size of rhinos; many...


Word of the Day
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.