Diamond – The Edmonton Sun reported that the University of Alberta has now officially opened the Arctic Resources Geochemistry Laboratory, a new world-class diamond lab whose purpose is to help scientists determine which diamond deposits are worth digging up.
Articles Tagged "Alberta"
Oil – The Vancouver Sun reports that British Columbia and Alberta have agreed to a framework Tuesday that they say opens the possibility of heavy oil pipelines being built to the B.C. coast.
Oil – Standard Exploration Ltd. (TSXV:SDE) has completed its acquisition of all of the issued and outstanding shares of Penco Oil and Gas Ltd. in exchange for 6,153,947 common shares in the capital of the Corporation. Penco, an Alberta-based privately held company, is actively exploring and producing oil and gas in Alberta.
Coal – Altitude Resources Inc. (TSXV:ALI) announced, on behalf of Elan Coal Ltd., an initial NI 43-101 coal resource estimate for Elan's Alberta coking coal project. It consists of 62.14 million metric tons (MT) in the indicated mineral resource category and 84.72 million MT in the inferred mineral resource category.
Oil – Western Canadian oil companies have seen the price of their crude drop on the back of a lack of pipeline outlets, growing North American production and unplanned refinery shutdowns. Is this decline likely to continue?
Oil – CaiTerra International Energy Corporation (TSXV:CTI) announced that it has already commenced drilling on its Faust Property which comprises of 18,600 net acres of land that won’t expire for the next 3 years, and 3,840 net acres of land that won’t expire until April 2013.
Lithium – Nemaska Lithium Inc. (TSXV:NMX) announced the filing of preliminary shelf base prospectus with the securities regulatory agencies in the provinces of Ontario, British Columbia, Alberta, and Quebec. When the filings are made final, the company will be able to making offerings of securities to a maximum of CAD$100,000,000 within the 25-month period that the prospectus remains effective.
Nickel – Victory Nickel Inc. (TSX:NI) announced that it has finalized a loan agreement for $1 million with an interest of 12% per annum, payable quarterly in arrears until January 31, 2015.
Oil – The premiers of Alberta and Quebec have agreed to consider shipping oil to Eastern Canada following strained relations over a similar proposal to transport oil across British Columbia to the West Coast.
Oil – Apache Corporation (NYSE, Nasdaq: APA) has announced promising drilling results in the Dunvegan oil reservoir in the Kaybob development area in Alberta, Canada.