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MGX Minerals Receives Wellbore Engineering Report for Oil, Gas, and Lithium Brine Optimization; Engages Ryder Scott Company to Complete Project Evaluation for Utah Petrolithium™ Project

MGX Minerals

May 30, 2017 | MGX Minerals (CSE:XMG) is pleased to report the Company has received an independent engineering report from SigmaCubed Engineering detailing projected production rates for barrels of water per day (“BWPD”) for its Lisbon Valley, Utah Petrolithium(™) project. The proprietary engineering report examines various wellbore configurations designed to optimize oil, gas and  … Read More

MGX Acquires Additional 4,718 Claims at Paradox Basin

MGX Minerals

April 10, 2017 | MGX Minerals (CSE:XMG) has provided a project development update for its Paradox basin petrolithium project.

The company has begun unitization of designated oil and gas leases and the staking of overlying mineral claims located contiguous to its Lisbon Valley mineral claims. The purpose of the unitization is to eliminate property boundaries,  … Read More