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Latest Western New Guinea Stories

2008-10-21 09:00:37

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): HIGHLIGHTS -- Net income applicable to common stock for third-quarter 2008 totaled $523 million, $1.31 per share, compared with $775 million, $1.87 per share, for third-quarter 2007. Net income applicable to common stock for the first nine months of 2008 totaled $2.6 billion, $6.20 per share, compared with $2.4 billion, $6.58 per share, for the first nine months of 2007. -- Consolidated sales from mines for third-quarter...

2008-10-20 09:00:34

McMoRan Exploration Co. (NYSE: MMR): HIGHLIGHTS -- Third-quarter 2008 earnings of $61.9 million, $0.96 per share, before hurricane charges and unrealized mark-to-market gains on derivative contracts. After these items, McMoRan reported a net loss for third-quarter 2008 of $6.1 million, $0.10 per share, compared with a net loss of $52.2 million, $1.50 per share, in the third quarter of 2007. Third quarter 2008 results included $152.6 million, $2.37 per share, of charges associated...

2008-10-15 15:00:21

McMoRan Exploration Co. today declares, for the period from August 15, 2008 through November 15, 2008, a cash dividend of $1.6875 per share payable on November 15, 2008 to holders of record as of November 1, 2008 for its 6.75% mandatory convertible preferred stock (NYSE: MMRPrM). McMoRan Exploration Co. is an independent public company engaged in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area. McMoRan...

2008-10-12 12:00:16

Text of report by Papua New Guinea Post-Courier website on 10 October The multi-billion kina mining company accused of causing a security scare in Papua New Guinea has denied outright it was doing so. It warned further negative speculation and claims against the Chinese-run mine would jeopardize the operation of the mine and possibly see PNG losing an expected 8 per cent increase in gross domestic product (GDP). The Ramu nickel-cobalt mine, based in Madang Province, yesterday brushed...

2008-10-10 09:00:46

Union Drilling, a provider of contract land drilling services and equipment to natural gas producers, has appointed Robert Wohleber to its board of directors. Mr Wohleber has also been appointed to serve on the company's audit committee. He served as senior vice president and CFO of Kerr-McGee, a global oil and gas company, from 1999 until 2006. He previously served on the boards of Freeport McMoRan Sulphur and Tronox. Thomas O'Neill Jr, chairman of the board of Union Drilling, said: "We...

2008-10-10 09:00:46

TORONTO, ONTARIO--(Marketwire - Oct. 10, 2008) - InterOil Corporation (TSX:IOL) (AMEX:IOC) (POMSoX:IOC), a Canadian company with operations in Papua New Guinea confirmed today that it is on track to meet its projected earnings for the third quarter of 2008. The midstream refining and downstream distribution operations have continued to operate profitably and are in line with the Company's profit expectations. "We will be filing our third quarter financials on November 10, and we are extremely...

2008-10-09 06:00:35

Eni and the government of Papua New Guinea have signed a long-term partnership agreement to pursue the sustainable development of Papua New Guinea's hydrocarbon resources. Under the agreement, Eni will open a local office in Papua New Guinea to perform a detailed exploration study and outline a data acquisition program for the unlicensed or unexplored areas within the country, in order to better determine the remaining hydrocarbon potential. The data and the outcome will be the property...

2008-10-08 18:00:30

FORT WORTH, Texas, Oct. 8 /PRNewswire-FirstCall/ -- Union Drilling, Inc. today announced the appointment of Robert M. Wohleber to the Company's Board of Directors. Mr. Wohleber also has been appointed to serve on the Company's Audit Committee. Mr. Wohleber, age 57, served as Senior Vice President and Chief Financial Officer of Kerr-McGee Corporation, a global oil and gas company, from 1999 until 2006. From 1986 until 1999, he held various positions at Freeport-McMoRan, Inc., including...

2008-10-07 09:00:48

McMoRan Exploration Co. (NYSE: MMR) today reported on the status of its operations following Hurricanes Gustav and Ike, which impacted Gulf of Mexico operations prior to making landfall on the coasts of Louisiana and Texas on September 1, 2008 and September 13, 2008, respectively. Following these events, McMoRan completed initial assessments of the McMoRan-operated structures and received reports from third-party operators on certain properties, including Flatrock at South Marsh Island Block...

2008-10-06 15:00:28

THE CHAIR of the Super Fund Board, David May, boasts that the fund invests responsibly and upholds New Zealand's reputation as a good global citizen. It is impossible to reconcile this claim with the Super Fund investments in the US Corporation, Freeport McMoran Copper and Gold and its joint venture partner, Rio Tinto Inc. The four-decade operation of the Freeport McMoran open pit copper and gold mine in Indonesian-controlled West Papua has caused untold suffering to the local people...


Latest Western New Guinea Reference Libraries

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2007-12-27 10:11:13

Southern Tailed Birdwing (Ornithoptera meridionalis), is the smallest species of butterfly in its genus. It is found in southern Papua New Guinea and in several areas along the south coast of Irian Jaya. It is strictly a lowland species, favouring primary rainforest. A very few specimens have also been collected at altitude in Irian Jaya, however these specimens were reared from immature stages and emerged crippled, suggesting that high altitude forests are not favoured habitats. Males...

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