Bald Eagle Energy Inc. (BEEI.OB), based out of Houston, is an oil and gas exploration company specifically formed to address America’s independence on foreign resources. While domestic energy companies produce 5.1 million barrels of oil per day (MMBOPD), US consumers use 20.7 MMBOPD. The current 15.6 million barrel shortfall is the gap that Bald Eagle is committed to reducing by tapping into the energy resources found in Alaska.

The North Slope Basin is known for its abundance of hydrocarbon with an estimated 27 billion barrels of discovered recoverable oil (BBO) and 52 trillion cubic feet of recoverable natural gas (TCFG). Compared to other parts of the US, the region has a low exploration-drilling density and is under-explored.

Bald Eagle entered into an agreement on April 18, 2008 to acquire a 100% working interest in six separate leases located on the Alaska North Slope.

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Bald Eagle Energy announced today that Andrew S. Harper has been named the company’s Chief Executive Officer (CEO). Mr. Harper replaced acting CEO Alvaro Vollmers who remains as the company’s Chief Financial Officer (CFO). Andrew Harper brings extensive experience to Bald Eagle Energy as he brings nearly three decades of international oil and gas exploration and development expertise.

Alvaro Vollmers, Bald Eagle’s CFO, stated, “We are pleased to have Mr. Harper come on board Bald Eagle. His recent experience allowed him to seek and evaluate new US and international venture opportunities, while applying the knowledge he acquired over his broad geological and managerial career. We believe that his leadership will benefit the growth and development of Bald Eagle.”

Mr. Harper has had numerous high-level responsibilities including supervision of new ventures evaluations; technical geological and geophysical studies; economic evaluations and political risk assessments; seismic surveys and

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Bald Eagle Energy is a relatively new company with one simple goal: To decrease America’s dependency on foreign oil through the development of domestic sources. Based out of Houston Texas, and with its primary operations in oil-rich Alaska, Bald Eagle is poised to become a significant player in the American oil and gas industry.

In the spring of 2008, the company entered into an agreement to purchase a 100 percent interest in six leases in Alaska’s North Slope Basin, a region famed for the vast stores of oil contained therein. The exploration areas that Bald Eagle have acquired, totaling more than 18,000 acres, are in close proximity to the largest oil field in North America; The Prudhoe Bay Field.

Alaska’s North Slope is excellent evidence of the untapped resources at America’s disposal. In fact, the region accounts for approximately twenty percent of all domestic oil

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The much anticipated presidential rally failed to materialize as profit taking was the story of the day during Wednesday trading on the Canadian markets. For the tale of the tape, the TSX Exchange gave back 2.27%, while the TSX Gold Index fell back 1.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 2.44% with the declining issuers outpacing the advancers by a 484 to 322 margin on volume of 130 million shares traded.

Venezuela has finally come out and stated that it is taking over (TSE:CRY) Crystallex’s Las Cristinas gold project. The Venezuelan government aims to have it up and running next year. Crystallex fell C$0.13 to close at C$0.38.

Shares of Pure Nickel (TSE:NIC) added C$0.03 to close at C$0.10 after the company granted a Japanese firm the right to earn up to 75% of the Man property in Alaska by spending $40 million.

Atac Resources (CVE:

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Bald Eagle Energy Inc. is an oil and gas exploration company headquartered in Dallas, Texas. Their corporate mission is to be a partner in helping America work toward energy independence. The company is focusing their efforts on Alaska’s vast energy resources.

The company’s strategy for profitability is to reduce capital expenditures through a minimized team of experienced management, and to retain the consulting services of industry experts only when needed. They also utilize third-party drilling companies to limit investment in equipment and limit operating expenses.

Bald Eagle holds a 100% percent working interest in six separate leases in Alaska. The six leases total 18,418 acres. They are east of the Arctic Fortitude Unit and south of the Prudhoe Bay Unit, which has produced in excess of 10 billion barrels of oil from The Prudhoe Bay Field. This field is the largest oil field in North America. The company’s land position with

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Quote of the Week 1: “He was born to be a senator. He never said anything important, and he always said it sonorously.” - Sinclair Lewis, Elmer Gantry

Quote of the Week 2: “Why reasonable people go stark raving mad when anything involving a Negro comes up, is something I don’t pretend to understand.” - Harper Lee, To Kill a Mockingbird

Nine thoughts on week 44.

1) It’s weird, you can go to Harvard, spend hundreds of hours in pursuit of clearer thinking, then run across something that ties it all together. It’s what you’ve been hearing for years. But it comes out of left field, in a different contextual setting and wham…

So what follows here is thanks to Bob Sutton, author of The No Asshole Rule and a brilliant blog called Work Counts.

I’ve been pretty obsessed about the

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Byron King finds himself inspired by a recent Patton-style ‘motivational’ speech for gold. This from Whiskey & Gunpowder:

Do you remember the 1970 Academy Award-winning movie Patton, starring George C. Scott? In the beginning of the movie, Scott — playing the iconic American Gen. George S. Patton — stands in full dress uniform, backed up by a gigantic American flag. Scott then rouses the troops (and the audience) with a stirring speech that follows the lines of the address the real Patton gave the Third Army on June 5, 1944, the eve of the invasion of France in World War II.

Patton’s original speech is considered by many to be one of the great motivational talks in all of military history. And actor Scott’s portrayal of Patton delivering the speech is one of the most memorable scenes in all cinema.

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Crashing Stocks Are Creating Fortunes

If you think

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History of Zinc (from International Zinc Association, (http://www.iza.com/uses.html) Centuries before zinc was discovered in the metallic form, its ores were used for making brass and zinc compounds, its ores were used for healing wounds and sore eyes. It is believed that the Romans first made brass in the time of Augustus (20 B.C. - 14 A.D.). In the 13th century Marco Polo described the manufacture of zinc oxide in Persia. At Zawar, India, both zinc metal and zinc oxide were produced from the 12th to the 16th century. From India, zinc manufacturing moved to China in the 17th century where it developed as an industry to supply the needs of the brass industry. In 1743, the first European zinc smelter was established in Bristol in the United Kingdom. A major technological improvement was achieved in Germany which led to the erection of ...

The hemorrhaging continued during Thursday trading on the Canadian Markets as falling commodity prices had investors running for the exits yet again. For the tale of the tape, the TSX Exchange lost 0.58%, while the TSX Gold Index plunged 9.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 5.39% with the declining issuers swamping the advancers by a 668 to 247 margin on volume of 153 million shares traded.

Junior explorers that have liquidity faced the brunt of the selloff with Full Metal Minerals dropping C$0.075 to close at C$0.315, Hathor Exploration (HAT) lost C$0.23 to close at C$1.50 and VMS Ventures (VMS) dropped C$0.01 to close at C$0.28. Full Metals is in the midst of the bulk sample at its Lucky Shot project in Alaska, Hathor has a nice looking uranium discovery at its MidWest NorthEast project in Saskatchewan and VMS has a high-grade base

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Rosneft, LUKoil, TNK-BP, Gazprom Neft and Surgutneftegaz are all under pressure from the Federal Anti-Monopoly Service to reduce domestic prices. TNK-BP is being hung out to dry by Gazprom, which has reneged on its agreement to buy 63% of the Kovykta gas field, which is a reflection of the enormous financial pressure on the company as they shift focus to short-term projects. Russia's Central Bank has decided to place a long-term $500m deposit in Gazenergoprombank, a bank affiliated with Gazprom. The company's surprise decision to send a high-ranking 12 person delegation to Alaska to discuss projects with ConocoPhillips is seen as an embarrassment for vice presidential candidate Sarah Palin.