Could Guyana Become a Top Oil Producer?
Some believe the tiny South American country could become the next oil hotspot.
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Some believe the tiny South American country could become the next oil hotspot.
Otis Gold Corp. (TSXV:OOO) is pleased to present an update and interpretation of extensive exploration activities conducted on the Kilgore Deposit and the emerging “Gold Ridge” exploration target at the Kilgore Gold Project, Clark County, Idaho. Specifically, a 34-line-kilometer ground magnetometer survey (see Ground Traverse map) was completed along with
Some investors believe that today’s low oil prices mean the time is ripe for investing in oil. Here’s where to start.
A new report says the underexplored basin may mirror America’s massive Permian Basin.
Otis Gold Corp. (“Otis” or “the Company”) is pleased to announce that it has reached an agreement to (1) increase its interest in the Blue Hill Creek and Matrix Creek Gold-Silver Properties located in Cassia County, Idaho from 80% to 100% and (2) reduce the existing net smelter royalty on
Agnico Eagle Mines Ltd. has agreed to acquire, by way of private placement, 14.42 million common shares of Otis Gold Corp. (TSXV:OOO) at a price of 35 cents per common share for proceeds of $5,047,000. On closing of the transaction, Agnico will own approximately 9.95 per cent of the issued
Scientific Metals Corp. (TSX VENTURE:STM)(FRANKFURT:26X)(OTCQB:SCTFF) is pleased to announce it has entered into an arm’s length Earn-In Agreement (the “Agreement”) with MGX Minerals (CSE:XMG) pursuant to which MGX has been granted the option to acquire a 50% interest in STM’s Paradox Basin Lithium Brine property (the “Paradox Property”) located in
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 16, 2016) – Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) (“Saturn” or the “Company”) is pleased to announce the successful acquisition of 158 sections (41,000 hectares / 410 sq.km) of Oil & Gas Special Exploration Permits (the “Permits”). The acquisition of these additional permit areas are the
BHP intends to spend US$900 million on exploration in the next financial year, with much of that to be focused on copper and oil.
SANTA CLARA, Calif., April 22, 2016 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the fiscal year 2015-16.PERFORMANCE
Prima Diamond Corp. (TSXV:PMD) announced that it’s entered into an agreement to acquire the Utah-based Green Energy lithium property. The vendors of the property are Zimtu Capital Corp. (TSXV:ZC) and Mesa Exploration Corp. (TSXV:MSA).
Reuters reported that Nigeria’s Oando is planning to build a $350 million gas plant that focuses on integrating gas production with its supply business.
As quoted in the market news:
Bolaji Osunsanya, Managing Director of Oando Gas and Power said the plant, with a capacity to process 300 million standard cubit feet
ExxonMobil’s recent oil discovery off the coast of Guyana has reignited the country’s 200-year border conflict with Venezuela.
By Vivien Diniz
Pinetree Capital and CEO Sheldon Inwentash are household names when it comes to the junior resource sector. But what does it mean when one of the market’s biggest players decides he wants out?
By Pia Rivera
Otis Gold Corp. (TSXV:OOO,OTC:OGLDF) announced the appointment of Dr. Roger Norwich as Director. Dr. Norwich was previously a Director of Otis from 2012 to 2014, and was a founding Director of Mexican Silver Mines Ltd, which completed a merger with Rio Alto Mining Limited in 2009.
As quoted in the press
Mining Weekly reported that Challenger Energy Ltd. (ASX:CEL) announced that its subsidiary Bundu Gas and Oil Exploration is aiming to explore for shale gas in Karoo, South Africa.
Business Insider reported that exploration licences at the Horse Hill oil field are set to run out this year, meaning if they aren’t extended companies cannot continue to explore the area which is believed to contain up to 100 billion barrels of oil.
Saturn Minerals (TSXV:SMI) has been granted a permit to drill an oil well at its Bannock Creek property in Saskatchewan. The company has contracted West Rock Energy Consultants for logistical support and for its drilling program.
USA Today reported that the planned layoffs for oil industry workers in the US are approaching 100,000 in the last four months with more layoffs likely to come.
Saturn Minerals Inc. (TSXV:SMI) announced that the interpretation of the latest seismic data from the Bannock Creek property in Eastern Saskatchewan is now complete.
