--(www.USEquityNews.com)-- 08/14/2008 - Oil and Gas Exploration industry alert provided by U.S. Equity News. Bronco Drilling Company, Inc. (NASDAQ: BRNC) Individuals interested in participating in the call should call at least five minutes prior to the call. The conference call will also be available via the Internet at http://phx.corporate-ir.net/phoenix.zhtml?c=191804&p=irol-IRHome. Please go to the website at least fifteen minutes prior to the call to register, download and install any necessary software. For those who cannot listen to the live call, a replay will be available through September 18, 2008 at 888.286.8010 or internationally at 617.801.6888 using the passcode 61042766. Also, an archive of the webcast will be available at the following link http://phx.corporate-ir.net/phoenix.zhtml?c=191804&p=irol-IRHome.
Petro Resources Corporation (AMEX: PRC) ("the Company") announced that it filed a Form 10-Q for the quarter ended June 30, 2008 on August 13, 2008. The Form 10-Q may be found in its entirety on the Securities Exchange Commission website www.sec.gov or on the Company's website www.petroresourcescorp.com. Financial highlights for the second quarter of 2008 and updated current operations are included herein. The Company is currently conducting completion operations on the E-M Emmel #10-3 well in the Deadwood Sandstone formation. The well encountered apparent logged and cored pay in both the Deadwood Sandstone which was the primary target and in the Winnipeg Sandstone. The Company has a 25% working interest it the Newporte Prospect.
NiSource Inc. (NYSE: NI) unit Columbia Gas Transmission Corp. and MarkWest Energy Partners, L.P. recently announced their intention to jointly develop several natural gas gathering and processing projects to support increased production volumes in the Appalachian Basin. Columbia Gas and MarkWest are in discussions with several interested natural gas producers regarding plans to provide new gathering and gas processing services in association with Columbia Gas' existing Majorsville, W.Va., compressor station, which serves the northern panhandle area of West Virginia and western Pennsylvania. Several existing Columbia Gas pipelines in Washington and Greene counties in Pennsylvania and Marshall and Wetzel counties in West Virginia would serve as the backbone of the gathering system connecting with a proposed MarkWest processing plant at Majorsville.
Diamond I, Inc. (OTCBB: DMOI), a reporting company trading on the OTCBB that is to change its name to "US BioFuels Exchange, Inc.," announced recently that it has obtained the first round of funding for its online biofuels exchange, USBiofuelsExhange.com (the "US-BX"). This first funding was obtained from a group of investors, including petroleum and biofuels marketing veterans and petroleum and biofuels marketing companies. This funding assures the launch of the US-BX. "This type of industry support certainly bolsters our belief that the time for the US-BX is now," said Tom Gray, DMOI's newest director. "We are excited with the building momentum and look forward to announcing more developments in this important project."
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