|
|
Home: Mining News & Resources
|
|
|
(EMAILWIRE.COM, February 20, 2010 ) New York, NY - Worldwide per-capita oil consumption is closely correlated with man’s standard of living. Developing nations with newly supercharged economies, such as China and India, are now demanding increased per-capita oil consumption. However, oil is a finite resource whose global production is about to begin its irreversible decline.
As oil and natural gas pricing continues to hover at near historic highs, it may make sense to consider energy assets as part of a diversified portfolio. Earth Energy Exploration (EEI), provides access to energy sector opportunities that cater to specific portfolio needs and diverse preferences.
EEI tells us that formation & location are very important when debating oil and gas. Millions of years ago, dead plants and microscopic animals (organic material) were deposited in sedimentary basins with mud, sand and other sediments. Over time, the sediments were compacted and transformed into layers of sedimentary rock, also called "traps."
According to National Geographic and Discovery, the sediments are transformed into oil and gas through the thermal conversion of organic matter trapped in source rocks. This happens when source rocks are buried deeper and the temperature rises and pressure increases. The liquid or gas that forms is known as 'hydrocarbons.'
For an oil or gas field to form, the liquid or gas must leave the source rocks and move through the pores and spaces of permeable rock or along minor fractures and fault lines. If oil and gas are not trapped in a reservoir formation they will escape to the earth's surface as a seepage.
Location, therefore, seems to make the most sense when it becomes a decision one makes in regards to potentially investing or simply deciding to build on land that might be rich in this highly desired material.
Earth Energy Exploration team with scientists and make use of geology and geophysics to 'see' what is happening beneath the earth in a process called seismic surveying. As an important feature of locating oil and gas for potential exploration, seismic surveying can be performed on land and sea by using different recording equipment.
Scientists can create a 'picture' of the rock layer structure by measuring the time it takes energy waves to reach the surface.
Once the seismic data is collected, it must be processed and carefully interpreted to decide whether further testing is needed or if exploration can begin.
ENERGY EXPLORATION & EXPLOITATION (Earth Energy Exploration) provides up-to-date informative reviews and original articles on important issues in the exploration, exploitation, use and economics of the world’s energy resources. Readers are able to keep abreast of
advances and activities in many disciplines covering the full range of the energy industries. Contributions cover:
• crude and heavy oils, oil sands, shale oils and natural gas.
• coal and coal conversion to liquid and gas products.
• nuclear fuels, electricity and renewable energies.
• exploration and exploitation of fossil fuels and uranium.
• resource development, case histories of new fields, opportunities and prospects.
• reviews of energy company activities.
• environmental impact of exploration, development and use, together with waste management.
• periodical reviews of major energy topics.
• short communications, conference reports and literature reviews.
Earth Energy Exploration is an industry leading developer of domestic oil and natural gas producing properties, to learn more about EEI visit their website at www.eartheei.com and don't forget to put in the password "success."
Sandra Renolds, Staff Journalist
International Journalism Review
InternationaljournalismReview@gmail.com New York, NY 10100
###
Press release service and press release distribution by EmailWire.Com -
http://www.emailwire.com/press_release_distribution_lists.php
International Journalism Review
Sandra Renolds, Staff Journalist
347 882 5542
InternationaljournalismReview@gmail.com 
Source: EmailWire.Com
|
|
|
|
|
Mining Headline News
|
Yahoo! News Search Results for Mining
Yahoo! News Search Results for Mining
Mining activists demand WVU, Nike pull new uniform ad
3 Sep 2010 at 5:58pm
Activists trying to stop mountaintop removal coal mining in Appalachia are furious over a Nike Inc. promotional ad for a new West Virginia football uniform designed in tribute to the 29 victims of the Upper Big Branch mine explosion. West Virginia - Nike - Mountaintop removal mining - Coal mining - Mining
Mining company to clean polluted beach in Wash.
3 Sep 2010 at 11:36am
A Canadian mining company will begin cleaning up a beach on Lake Roosevelt later this month in a show of good faith over efforts to deal with pollution that flowed for a century from a British Columbia smelter into the U.S.
Mining execs expect to rake in bonuses in 2010
4 Sep 2010 at 3:01am
Canadian mining company executives are looking forward to a bonanza year in 2010, with cash bonuses surging thanks to higher commodity prices, a survey found. Payouts will go from 61% of salary in 2009 to 88% in 2010, according to Coopers Consulting and PricewaterhouseCoopers.[...]
Mining resumes at Mt Lyell
2 Sep 2010 at 7:14pm
Mining operations have resumed at Mt Lyell copper mine, Queenstown.
Mining Services Company Looking at Virginia
3 Sep 2010 at 5:58am
Another mining services company is considering Virginia as a place to build. Virginia city officials said that the company is based in Milwaukee, and that they're looking at the land north of town near the Minorca Mine haul road.
Mining policy hampers Aquino?s efforts to tread the ?right path?
4 Sep 2010 at 2:57am
A group of environmental organizations is urging President Aquino to revoke the government?s mining policy because it weighs down on administration?s efforts to tread on tuwid na daan (right path).
Mining investors assured
4 Sep 2010 at 3:52am
The government assured investors it will continue to protect investments in the Philippines, including those in the mining industry.
Mining activists demand WVU, Nike pull uniform ad
2 Sep 2010 at 10:49am
Activists trying to stop mountaintop removal coal mining in Appalachia are furious over a Nike Inc. promotional ad for a new West Virginia football uniform designed in tribute to the 29 victims of the Upper Big Branch mine explosion.
39 mining firms lose stockyard licence
4 Sep 2010 at 6:16pm
The special team set up to curb illegal mining in Bellary has cancelled stockyard licences of 39 mining firms.
Philex Mining interested in Tampakan mine project
3 Sep 2010 at 8:51am
Philex Mining Corp., controlled by Manuel Pangilinan, is studying an investment into the $5-billion Tampakan project in the Philippines two months after a Chinese proposal was pulled. Philex is ?constantly looking at all investment opportunities and projects that it may be able to enter into,? Philex President Jose Ernesto Villaluna said in a regulatory filing. ?Tampakan is one such possibility ...
|
|
|
