Oil well

Thesis Gold Contextualizes Historical IP Survey and Produces Targets for 2021 Drill Program

Thursday, April 8, 2021 - 2:00pm

Thesis has identified eight untested target zones within the 6.65km2 IP survey area (50 m line spacing) based on geophysical responses associated with gold endowment that merit follow-up work during the upcoming field program.

Key Points: 
  • Thesis has identified eight untested target zones within the 6.65km2 IP survey area (50 m line spacing) based on geophysical responses associated with gold endowment that merit follow-up work during the upcoming field program.
  • Ewan Webster, President and CEO, commented, "The historical IP data was evaluated over existing drilling to establish a geophysical matrix specific to gold mineralization.
  • The IP survey was acquired in 2007, after the historical drilling on the project, and therefore was never utilized for drill targeting.
  • To evaluate these new targets a field-based exploration program will focus on soil and rock sampling in addition to detailed geological mapping to delineate drill targets for the Company's 2021 program.

$ 134.54 Million growth Expected in High-pressure Oil &Gas Separator Market | Key Drivers, Trends, COVID-19 Analysis & Major Vendor Offerings| Technavio

Thursday, April 8, 2021 - 2:00am

Based on our research, the oil & gas equipment & services sector witnessed a negative impact due to the widespread growth of the COVID-19 pandemic.

Key Points: 
  • Based on our research, the oil & gas equipment & services sector witnessed a negative impact due to the widespread growth of the COVID-19 pandemic.
  • The horizontal vessel segment will generate maximum revenue in the high-pressure oil and gas separator market, owing to the increase in offshore and deepwater E&P activities.
  • High-pressure Oil and Gas Separator Market: Major Growth Drivers
    The following factors are expected to drive the growth of the market during the forecast period:
    In addition, the report identifies the growth in unconventional oil and gas resources as a major trend in the high-pressure oil and gas separator market.
  • High-pressure Oil and Gas Separator Market: Key Vendor Offerings
    Alfa Laval AB:The company offers LYNX decanter centrifuge, which is a key component in solids-liquid separation for oil, gas and drilling industry processes such as barite recovery and slop oil.

Ambyint and Microsoft Partner to Deliver Production Optimization at Scale

Wednesday, April 7, 2021 - 5:00pm

Ambyint, the leader in well lifecycle production optimization and artificial lift optimization, today announced a co-sell qualified partnership with Microsoft Corporation to provide oil & gas exploration and production (E&P) companies with solutions that optimize rod lift and plunger lift wells.

Key Points: 
  • Ambyint, the leader in well lifecycle production optimization and artificial lift optimization, today announced a co-sell qualified partnership with Microsoft Corporation to provide oil & gas exploration and production (E&P) companies with solutions that optimize rod lift and plunger lift wells.
  • Ambyint solutions leverage Microsoft Azure within its platform to increase production, lower operating expenses, and reduce GHG emissions by delivering production optimization at scale.
  • View the full release here: https://www.businesswire.com/news/home/20210407005704/en/
    Ambyint solutions optimize oil & gas wells by automating anomaly detection, controller setpoint recommendations, setpoint changes, and production versus plan analytics to enable real-time production optimization.
  • At Ambyint, we are focused on developing and deploying best-in-class solutions designed to deliver better production outcomes for our customers, says Chris Robart, chief commercial officer at Ambyint.

Will the Scarcity of Gold Lead to Positive Gains Over Next 10 Years

Wednesday, April 7, 2021 - 1:45pm

This has seen investors look to move their money into more secure investments, and gold is one of the best such investments.

Key Points: 
  • This has seen investors look to move their money into more secure investments, and gold is one of the best such investments.
  • It continued: "Now is probably one of the best times to buy gold.
  • The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.
  • The drill will be tasked with completing several holes designed to infill historic drilling and test the GAP Zone at depth.

Will the Scarcity of Gold Lead to Positive Gains Over Next 10 Years

Wednesday, April 7, 2021 - 1:45pm

This has seen investors look to move their money into more secure investments, and gold is one of the best such investments.

Key Points: 
  • This has seen investors look to move their money into more secure investments, and gold is one of the best such investments.
  • It continued: "Now is probably one of the best times to buy gold.
  • The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.
  • The drill will be tasked with completing several holes designed to infill historic drilling and test the GAP Zone at depth.

Alpha Lithium Completes Second of Three Phase Drilling Program

Wednesday, April 7, 2021 - 2:00pm

The Company is now working on completion operations for these wells and based on the success in Phase 2, is preparing the road and drilling pad for the start of Phase 3.

Key Points: 
  • The Company is now working on completion operations for these wells and based on the success in Phase 2, is preparing the road and drilling pad for the start of Phase 3.
  • Phase 2 consisted of two production wellbores, the first drilled to 100 meters and the second to 350 meters.
  • Alpha is currently planning to provide a NI 43-101 Resource Estimate after Phase 3 drilling is completed.
  • Brad Nichol, President and CEO, commented, "I am very excited that we have completed the second phase of drilling and to be so quickly moving onto the final stage.

Great Bear Adds Sixth Drill at Dixie

Wednesday, April 7, 2021 - 12:30pm

Great Bear is pleased to announce the arrival of a sixth drill rig at the Dixie Project.

Key Points: 
  • Great Bear is pleased to announce the arrival of a sixth drill rig at the Dixie Project.
  • The intervening 400 metre gap requires follow up drilling for this and the other two recent deep drill holes.
  • All LP Fault drill hole highlighted assays, plus drill collar locations and orientations can also be downloaded at the Company's web site.
  • Great Bear Resources Ltd.is a well-financed gold exploration company managed by a team with a track record of success in mineral exploration.

Clarity Gold Mobilizes Second Rig for Ongoing Drill Program in Quebec

Wednesday, April 7, 2021 - 8:01am

The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.

Key Points: 
  • The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.
  • Salient results from previous drilling in the GAP Zone include 16.1 g/t Au over 6 m from 85.5 m including 90.3 g/t Au over 1 m.
    We are very excited to bring a second drill rig into our ongoing program, said James Rogers, CEO of Clarity.
  • As exploration progresses, the addition of the second drill rig will increase efficiency allowing the company to more rapidly complete the planned program.
  • Clarity Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Canada.

Ready Set Gold Reports First Six Holes from Phase 1 Program at Northshore Confirming New Geological Model

Tuesday, April 6, 2021 - 8:00am

As previous reported by Ready Set Gold, historical holes at Northshore were mainly drilled in a northwest-southeast direction based on a geological model used by previous operators of the project.

Key Points: 
  • As previous reported by Ready Set Gold, historical holes at Northshore were mainly drilled in a northwest-southeast direction based on a geological model used by previous operators of the project.
  • Ready Set Gold's exploration team has drilled most holes in a near south to north direction to test the new interpretation of the gold zones generally east-west strike direction.
  • The drilling was focused on key areas with low, or no, historic drilling, with the aim of defining higher-grade gold mineralization and validating our model.
  • Certified standards and blanks are inserted routinely as part of Ready Set Gold's quality assurance/quality control (QA/QC) program.

Bonanza Creek Energy Announces 2021 Guidance

Monday, April 5, 2021 - 9:05pm

The Companys 2021 capital plan includes completing 45 gross (39.9 net) drilled, uncompleted (DUC) wells, and picking up a drilling rig in 4Q 2021, with completions of those newly drilled wells to begin in 2022.

Key Points: 
  • The Companys 2021 capital plan includes completing 45 gross (39.9 net) drilled, uncompleted (DUC) wells, and picking up a drilling rig in 4Q 2021, with completions of those newly drilled wells to begin in 2022.
  • The Company started completion activities in early January on Bonanza Creek DUCs, and we expect to begin completing DUCs from HighPoints inventory during the third quarter of 2021.
  • Bonanza Creek Energy, Inc. is an independent oil and natural gas company engaged in the acquisition, exploration, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region of the United States.
  • As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.