| May 14, 2008 Update on SRK Resource Study and Santa Rosa Prospect Oromin Explorations Ltd. ("Oromin") has been informed by SRK Consulting (Canada) ("SRK") that due to continuing industry-wide delays and data backlog, the resource study results for the Sabodala Gold Project in Senegal, West Africa, previously scheduled for the end of May will now be completed by the end of June. For example, in excess of 100 drill holes have been drilled at the Masato deposit and publicly released since the original cut-off for the Masato mineral resource estimation, and this M... (5 KB) |
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| May 05, 2008 Excellent Drilling Results Continue At Sabodala Six Drills Increase Pace Of 140,000 Metre 2008 Resources Drilling Program HIGHLIGHTS ... (14 KB) |
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| May 02, 2008 Official Decree Authorizes Santa Rosa Oil Project Oromin Explorations Ltd. is pleased to report that the exploration rights for its Santa Rosa oil and gas project in the Province of Mendoza, Argentina have now been formally authorized. The Government of Mendoza has issued Decree # 1018/2008. This decree grants Oromin's Argentina subsidiary the Permit to Explore and eventually a Concession to Exploit hydrocarbons in the CC y B-9 (Cuenca Cuyana & Bolsones 9) Santa Rosa Block. Receipt of this formal decree now clears the way for the Company com... (4 KB) |
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| March 25, 2008 Oromin Repurchases 17.52% Interest In The Santa Rosa Exploration Concession Oromin Explorations Ltd. is pleased to report that it has repurchased from Surge Global Energy Inc. ("Surge") the 17.52% interest in the Santa Rosa Property that it sold to Surge in 2004. The purchase price for this interest is equal to that originally paid by Surge - USD$600,000 and one million shares of Surge. This purchase results in Oromin once again owning, through its wholly-owned subsidiary Irie Isle Ltd. ("Irie"), a 100% interest in Santa Rosa, subject to the right of Otto Energy Ltd. ("... (3 KB) |
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| March 20, 2008 Excellent Drilling Results Continue. Two Additional Drills Expected By Month End To Increase Pace Of 140,000 Metre 2008 Resource Drilling Program HIGHLIGHTS ... (12 KB) |
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| February 29, 2008 Oromin Engages Otis And Mandy Partners LLC Oromin Explorations Ltd. announces that it has retained Otis and Mandy Partners LLC ("O&M") based in New York City as an institutional markets investor relations consultant to the Company. O&M is a buy side consulting firm specializing in the resource sector. They have been introducing small cap equities to the institutional investment community across the United States and in select European and U.K. markets since 1995. For the past several years, O&M has been a leading agent in introducing... (4 KB) |
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| February 04, 2008 SABODALA 2008 Program and Objectives Established and Expanded, Continuing Excellent Assays from Latest 2007 Drill Program SABODALA 2008 PROGRAM AND OBJECTIVES ESTABLISHED AND EXPANDED TO INCLUDE 140,000 METERS DRILLING INITIAL RESOURCE CALCULATION IN END OF APRIL START OF PREFEASIBILITY STUDY CONTINUING EXCELLENT ASSAYS FROM LATEST 2007 DRILL PROGRAM HIGHLIGHTS ... (14 KB) |
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| December 18, 2007 Excellent Drill Results at GOLOUMA WEST, GOLOUMA SOUTH and MASATO GOLD DEPOSITS add to Lateral and Depth Expansion HIGHLIGHTS ... (7 KB) |
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| November 26, 2007 OROMIN Closes $4.5 Million Non-Brokered Portion of $18.0 Million Private Placement, Full $18.0 Million Private Placement Now Closed Further to its news releases dated November 15, 2007, Oromin Explorations Ltd. is pleased to report that it has closed the non-brokered portion of the private placement of 1,800,000 units at a price of $2.50 per unit to generate gross proceeds of $4,500,000. Each unit consists of one share and one half share purchase warrant, with every whole warrant entitling the purchase of one additional share of Oromin at $3.30 per share until November 26, 2009. If for a period of 20 consecutive trading days... (2 KB) |
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| November 15, 2007 OROMIN Closes $13.5 Million Brokered Private Placement Further to its news releases dated October 22, 2007 and October 24, 2007, Oromin Explorations Ltd. is pleased to report that it has closed the brokered private placement of 5,400,000 units at a price of $2.50 per unit to generate gross proceeds of $13,500,000. The funds will be used primarily to fund work on its Sabodala Property in eastern Sénégal. Each unit consists of one share and one half share purchase warrant, with every whole warrant entitling the purchase of one additional share of Orom... (2 KB) |
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