World Forex News

Karim Chrobog on Foreign Exchange with Daljit Dhaliwal

For more information: www.pulitzercenter.org Karim Chrobog talks about "War Foetus," his documentary on Emmanuel Ja, the former Sudanese ...

BNK Petroleum Inc. adds a sixth European shale gas concession

To 1.4 million acres, and provides further diversification by now having projects in 3 distinct basins.

In accordance with the granting of this latest concession, certain minimum requirements must be fulfilled by BNK to retain its interest. Some of the more significant minimum requirements consist of conducting geological work in the first year, acquiring seismic in the second year, drilling one vertical well in both years three and four, and the drilling of one horizontal well in year five within each concession area.

Caution Regarding Forward-looking Information

This document may contain certain forward looking statements including statements with respect to, the concession awarded and the more significant minimum requirements required to hold the concession. The forward-looking information is based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry and BNK's ability to identify suitable drilling locations (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), risk associated with equipment procurement and equipment failure, risks related to international operations and doing business in foreign jurisdictions, the risk of commodity price and foreign exchange rate fluctuations, risks related to future royalty rate changes and risks and uncertainties associated with securing and maintaining necessary regulatory approvals.

Japan's Industrial Production Rises 2.6% on Exports...

Japanese manufacturers increased yield at the fastest measure in six months in November, supporting the realm’s retrieval from its deepest postwar set-back. Plant play rose 2.6 % last month after climbing 0.5 percent in October 2009.

Japanese Employment Religion said today in Tokyo. “We’re seeing continued pertinacity in productivity,” said Hiroaki Muto, a superior economist at Sumitomo Mitsui Asset Superintendence Co. in Tokyo. “Manufacturers will keenness the deliverance next year and mitigate the control dodge a folded-dip set-back.”

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