Oil well

Pasofino Gold Provides Further Results for the Dugbe F Infill Drilling Program

Retrieved on: 
Monday, May 31, 2021

Cross section through the southern part of Dugbe F as shown in Figure 1 (Line of Section 1).

Key Points: 
  • Cross section through the southern part of Dugbe F as shown in Figure 1 (Line of Section 1).
  • Cross section through the central part of Dugbe F as shown in Figure 1 (Line of Section 1).
  • Since 21 January 2021 approximately 6,850 meters have been drilled at Dugbe F for the completion of 80 drillholes.
  • The results of the infill drilling to date are encouraging supporting both grade and continuity.

Colibri Option Partner Tocvan Reports First Three Holes of Phase 2 Drilling at the Pilar Gold-Silver Project Sonora, Mexico

Retrieved on: 
Thursday, May 27, 2021

Colibri is well positioned to continue delivering significant growth in value on many fronts for its shareholders this year!"

Key Points: 
  • Colibri is well positioned to continue delivering significant growth in value on many fronts for its shareholders this year!"
  • Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project.
  • Tocvan Ventures Corp. (CSE: TOC) ("Tocvan" or the "Corporation") is pleased to announce results for the first three holes from its Phase II drill program (the "Program") at the Pilar Gold-Silver Project in Sonora, Mexico.
  • A Phase II drill program is currently in progress with 2,900 meters of reverse circulation (RC) drilling in seventeen (17) drill holes completed to date.

American Creek: JV Partner Tudor Gold Initiates Diamond Drilling on the Goldstorm Deposit at Treaty Creek in the Golden Triangle, Northwestern B.C.

Retrieved on: 
Wednesday, May 26, 2021

Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project located five kilometers to the southwest.

Key Points: 
  • Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project located five kilometers to the southwest.
  • In addition to drilling at Goldstorm (GS), we will also continue our drilling at Perfect Storm (PSZ) and other targets, including the Eureka Zone (EZ).
  • Darren Blaney, American Creek Resources CEO, states: "We are very excited to see drilling resume at Treaty Creek and look forward to a busy summer for Tudor Gold and their team.
  • American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek.

Tudor Gold Initiates Diamond Drilling on the Goldstorm Deposit at Treaty Creek, Northwestern B.C.

Retrieved on: 
Tuesday, May 25, 2021

Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project located five kilometers to the southwest.

Key Points: 
  • Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project located five kilometers to the southwest.
  • The first two drills have arrived and have begun drilling the 30,000 meter, fully funded, Phase l exploration program.
  • In addition to drilling at Goldstorm (GS), we will also continue our drilling at Perfect Storm (PSZ) and other targets, including the Eureka Zone (EZ).
  • Our goal this year is to complete the drilling of the Goldstorm Deposit to hopefully expand and finalize the Mineral Resource Estimate.

Chakana Advances Resource Definition Drilling with Multiple High-Grade Intercepts

Retrieved on: 
Tuesday, May 25, 2021

Two resource definition holes were drilled at Paloma West from a platform on the northeast side of the exposed breccia pipe and drilled to the southwest.

Key Points: 
  • Two resource definition holes were drilled at Paloma West from a platform on the northeast side of the exposed breccia pipe and drilled to the southwest.
  • Within the 26,000m of drilling planned in 2021, the Company will complete approximately 16,000m of resource definition in-fill drilling.
  • The results of this drill program are important to increase confidence in the resource estimate, anticipated later in 2021.
  • A total of 47,736 metres of exploration and resource definition drilling has been completed to date, testing 15 of 110 total exploration targets, confirming that Soledad is a large, well-endowed mineral system with strong exploration upside.

Ikon Science Launches Curate, Enabling Enterprise-Wide Data Access and Collaboration for Efficient, Smarter Decision Making for the Energy Industry Reducing Risk and Optimizing Human Resources

Retrieved on: 
Monday, May 24, 2021

Curate enables energy companies to collaborate within a single workspace to access all subsurface data with streamlined workflows, allowing for data democratization and business learnings that drive action.

Key Points: 
  • Curate enables energy companies to collaborate within a single workspace to access all subsurface data with streamlined workflows, allowing for data democratization and business learnings that drive action.
  • Curate helps companies accelerate exploration, minimize portfolio risk, and optimize well planning and drilling activities, achieving greater results while preserving capital and human resources to create a stronger bottom line.
  • Energy companies are challenged to navigate the large amounts of complex data they possess as it is often siloed within different departments and software programs.
  • Its imperative for energy companies to identify new ways to increase efficiencies and minimize risk, stated Dr. Denis Saussus, Chief Executive Officer of Ikon Science.

Geologist Report Confirms Presence of Oil in Flowtex Energy's Latest Drilling Project

Retrieved on: 
Friday, May 21, 2021

So even though the geologist reports from that time clearly show the presence of hydrocarbons in two large reservoirs, those reservoirs were left untapped.

Key Points: 
  • So even though the geologist reports from that time clearly show the presence of hydrocarbons in two large reservoirs, those reservoirs were left untapped.
  • In fact, that\'s precisely where Flowtex Energy focuses, with a large collection of successful wells attesting to our expertise in this area.
  • "\nFlowtex Energy LLC is a privately-held boutique oil and gas drilling firm that serves individual and institutional investors seeking to diversify into direct ownership of risk-mitigated oil and gas properties.
  • Despite the COVID-19 pandemic and incredibly oil price volatility in 2020, 2020 was Flowtex\' finest year and 2021 looks to be even stronger.\n'

Viscount Mining Reports Reconfirming Geophysical and Geochemical Results at Silver Cliff

Retrieved on: 
Tuesday, May 18, 2021

Five surface rock samples were collected in the survey area and the silver concentrations ranged from 31.1 to 280 g/t.

Key Points: 
  • Five surface rock samples were collected in the survey area and the silver concentrations ranged from 31.1 to 280 g/t.
  • Viscount drilled one hole in the survey area during the 2020 campaign.
  • Three core holes from the 2021 spring drilling campaign, completed in April, are located within the area of geophysical analysis.
  • Based on the accumulated data and a feasibility study, Tenneco Minerals made the decision to construct a $35,000,000 milling operation for the extraction of the silver reserves at Silver Cliff.

Allied Energy Corporation Leases Five Additional Texas Oil Wells at the 300 Acre Annie Gilmer Lease

Retrieved on: 
Monday, May 17, 2021

There a total of five wells drilled on the lease, that is approximately 300 acres.

Key Points: 
  • There a total of five wells drilled on the lease, that is approximately 300 acres.
  • There were six wells drilled on the lease starting in the mid 70\'s with the last being drilled in 1989.
  • One of the injection wells will be re-converted to an active oil and gas producer.\nAllied CEO George Montieth elaborated on the acquisition: "We are thrilled to add the Annie Gilmer Lease wells to our ever-expanding portfolio of Texas oil wells.
  • The Caddo formation has never been produced on the lease, however, there have been many Caddo wells completed immediately surrounding the Annie Gilmer lease.

SFL - Options awarded to employees and board members

Retrieved on: 
Friday, May 14, 2021

The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.

Key Points: 
  • The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.
  • SFL\xe2\x80\x99s long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time.
  • More information can be found on the Company's website: www.sflcorp.com\nThis press release may contain forward looking statements.
  • These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management\xe2\x80\x99s examination of historical operating trends, data contained in the Company\xe2\x80\x99s records and other data available from third parties.