Highbank Resources Announces Agreement for Grassy Point

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Highbank Resources Ltd. (TSXV:HBK) announced that Woodside Petroleum Ltd. obtained the rights to sign an agreement for a planned LNG facility and terminal at the southern site of Grassy Point.

 Highbank Resources Ltd. (TSXV:HBK) announced that Woodside Petroleum Ltd. obtained the rights to sign an agreement for a planned LNG facility and terminal at the southern site of Grassy Point.
As quoted in the press release:

On Thursday, Woodside Petroleum Ltd. of Australia emerged as the victor for exclusive rights to sign a long-term tenure for a planned LNG facility and terminal at the southern site of Grassy Point, north of the Port of Prince Rupert; beating out South Korea’s SK E&S Co. and a proposal from Irving, Texas-based Exxon Mobil Corp. and its Canadian unit, Imperial Oil Ltd.

Click here to read the Highbank Resources Ltd. (TSXV:HBK) press release
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