Rohstoff-Explorer: Research oder Neuvorstellung (Seite 2507)

[DIE_GERECHTIGKEIT]

Bei Globe Metals hat es nach dem volume spike von Freitag signifikante News gegeben!

Der TPG-Axon Hedge-Fund, der die letzten Monate massiv abverkauft hat, ist jetzt definitiv raus aus der Nummer. Hier steht ne Neubewertung an IMO.

Nähers hier:

http://www.wallstreet-online.de/diskussion/1155635-1-10/glob…

Gruß
Julia

[tommy-hl]

Feb 01, 2010
Northland Resources S.A.: Co-Financing Makes a New Railroad Possible in Pajala

Northland Resources S.A. and the Swedish Rail Administration are pleased to announce that an additional step has been taken to realize an entirely new railroad to new mines in Pajala. The goal is that the mining company and the Swedish Rail Administration jointly finance the railroad. The mining company Northland Resources S.A. and the Swedish Rail Administration have now signed a Memorandum of Understanding regarding the co-financing of the rail line.

"This is an important project which contributes to increased growth and new job opportunities in Sweden and Finland and therefore has great significance for the development of Sweden in general, and for northern Sweden, in particular," stated Minoo Akhtarzand, Director-General of the Swedish Rail Administration.

"We are pleased and proud of the results that we have seen from earlier joint efforts with the Swedish Rail Administration. Now we are formalizing our long-standing cooperation with a Memorandum of Understanding," stated Karl-Axel Waplan, President and CEO of Northland Resources S.A.

The mining company will be responsible for an amount corresponding to the cost of alternative transport solutions. The commitments will be defined later in an implementation agreement. A condition precedent is that the project is part of the national plan for the transport system 2010-2021, which the Swedish Government will finalise this spring.

It is thought that the rail line would extend from the planned new iron ore mines at Kaunisvaara in the municipality of Pajala, to the Finnish rail line east of the Muonio River. Construction is estimated to cost between MSEK 750 and 1,250. In addition, there is a need for an upgrade of the connecting railroad on the east side of the Mournio River; this is being planned by the Finnish Transport Agency.

The goal is to have the new railroad ready by 2013. This will be unique for Sweden as the railroad will be built with Finnish-gauge track, which is wider than Swedish track.

[tommy-hl]

Antwort auf Beitrag Nr.: 38.850.121 von XIO am 31.01.10 10:36:45

haste das evtl. bitte mal als email for me?

Habe Dir das Altona Research als pdf zugeschickt.

Gruß
Tommy

[XIO]

bzgl: Hyperdynamics:

Dana plans four wells off Egypt
http://www.offshore-mag.com/index/article-display/2396268397…

ABERDEEN, UK -- Dana Petroleum has started drilling two wells offshore Egypt, and plans at least two further wells in its offshore concessions this year.

The current wells target the Papyrus prospect in the offshore Nile Delta, and RAD-3x well, offshore Gulf of Suez. Later, the company will turn its attention to the Bamboo prospect in the Nile Delta and another target in the Gulf of Suez
Last year, Dana says, production was lower than expected from its East Zeit offshore field, where the C2 well started cutting water in late 2008. However, the decline was stemmed following workover.

Offshore Morocco, Dana discovered gas last year in the Anchois structure, where results were in line with pre-drill expectations. This year, 3D seismic will be acquired over the block to refine a large number of other prospects, with drilling set to resume in 2011.

Farther down the African coast, Dana is lining up a well in the Cormorant prospect in Mauritania’s offshore block 7. The aim is to prove sufficient volumes of gas to reach the commercial threshold for a development, in combination with the Pelican discovery.

Earlier this week, Dana and Hyperdynamics executed a joint operating agreement concerning a production sharing contract offshore Guinea. The companies are currently acquiring a large 2D seismic survey over the area, to be followed by a 3D survey later this year over the main prospects, with a view to drilling towards the end of 2011.

..................


Hyperdynamics Finalizes Sale of Minority Interest in Guinea Project to Dana Petroleum
http://money.cnn.com/news/newsfeeds/articles/prnewswire/DA46…
Hyperdynamics Corporation (NYSE Amex: HDY) today announced that it has finalized the sale of a minority interest in its oil and gas concession offshore the Republic of Guinea (Northwest Africa) to Dana Petroleum plc (LSE: DNX).

Da kommt Kohle rein

[XIO]

Antwort auf Beitrag Nr.: 38.847.660 von tommy-hl am 30.01.10 10:35:59

haste das evtl. bitte mal als email for me?

[tommy-hl]

Antwort auf Beitrag Nr.: 38.847.622 von tommy-hl am 30.01.10 10:17:47

Edison Research macht zu Altona Energy verschiedene Bewertungen je Aktie. Beispiel:

Unter der Annahme, dass Altona 500 Mio. neue Aktien herauslegen muss, um ca. 100 Mio. GBP an Kapital zu bekommen, errechnet Edison eine Wert pro Aktie von 45 GBp (aktuell 7,7 GBp), also ein Kurspotenzial von rund 500 %.

[tommy-hl]

oilbarrel zu Altona Energy:

January 29, 2010

Little Altona Energy Makes Real Progress With Its Joint Venture With China’s 3rd Largest Oil Company In Its Coal-to-Liquids Project in Australia

"We no longer have a putative project, we have a business". So says Chris Lambert, Chairman of Alton Energy, a London listed, Australia-based company involved in a coal-to-liquids scheme in South Australia.

Five years ago Altona just had a dream and a seemingly impossible dream at that. The company had secured what it said was one of the world’s largest untapped energy sources. The group had, at modest entry price, bought 100 per cent of three exploration licences at the Arckaringa Basin in South Australia (EL3360, 3361, 3362). The licences contained huge coal deposits estimated at 7.8 billion tonnes (non-Jorc); and this really is huge.

Using the latest BP Statistical Review, the North Sea oil and gas fields have remaining proven reserves of 10,900 million barrels of oil and 114,800 bcf of natural gas. The Arckaringa leases, according to Jacob’s Engineering, contain an estimated energy equivalent of 18,800 million barrels of oil equivalent or 109,000 bcf of gas equivalent.

Chris Lambert and his colleagues believed that the coal could be converted into petroleum products equivalent to 10 million barrels per year as well as a 560 MW project of co-generation power for sale.

But until a year ago it seemed as if Arckaringa it would remain just it had been described as – “untapped”. Australia with a small domestic market always was bedevilled by the tyranny of distance in delivering oil and gas products both internally and for export. Prices were poor and markets ill-defined.

In any event, even if market conditions were more favourable how would a small company with a market cap of less than £20 million bring a scheme estimated to cost between US$ 3 to US$ 4 billion to fruition. The resource seemed well and truly stranded.

But sceptics had reckoned without the economic awakening of China, the effect its voracious appetite for energy would have on prices and demand as well the brisk march of innovative technologies in developing new fuels and transporting them.

Before Christmas the company announced that after a year of protracted negotiation and lots of due diligence Altona had signed a Joint Venture (JV) with CNOOC New Energy Investment.

CNOOC is one of the three largest oil and gas companies in the Peoples Republic of China. Altona appears to have found a big partner with the reputation and funding to get some real impetus behind the CTL idea. More than that CNOOC has proven expertise in Coal-to Liquid technology.

Under the agreement the first stage of involvement will be for CNOOC NEI to fund a Bankable Feasibility Study (BFS) – at a cost of US$45-US$50 million – for a 10 Mtpa coal mine providing the raw material for a 10 million barrels per year plant with a 560 MW co-generation power facility. CNOOC- NEI will in return get a 51 per cent interest in the project (potentially rising to 70 per cent.)

Chris Lambert this week has confirmed that the BFS is underway. The basic process involves two major stages, gasification to produce synthetic gas rich in hydrogen and carbon. There is then a liquefaction stage whereby the Syngas is reacted over a catalyst based on the Fisher-Tropsch synthesis process first used by Germany during World War Two, and later adopted by South Africa’s Gasol to produce ultraclean products such as diesel, naphtha and other fuels.

The CTL is a good example of clean coal technology as there is a clean up process -- the associated combined cycle units produce negligible sulphur oxides, significantly less nitrogen oxides and a 10-20 per cent less CO2 per unit of power generated than a conventional coal fired plant, whilst carbon capture and storage offers the potential to reduce the overall greenhouse emissions to below the “well-to- wheel” level of fuels derived from crude oil.

This is plan “A” but the BFS will also look at variants of this model including, it seems, a biofuels dimension. It will be interesting to see what actually materialises as CNOOC-NEI has obviously been given a free hand in this study and could have other ideas to contribute.

The Unincorporated Evaluation Joint Venture, to give its full title will be managed by three representatives from Altona and four from CNOOC-NEI. Day–to-day decisions will be taken by the majority, but any key decisions on expenditure or contracts will have to be unanimous.

A good relationship has been forged between the two companies and this is borne out by the further terms of the deal which stipulate that if a decision is taken to go ahead with development the Chinese interest in the projects would rise to 70 per cent. The two groups will work together in raising funding for development. But if CNOOC gets impatient with this process it will procure the provision of debt funding for both parties.

Altona, whose market cap is currently £33 million, will have to contribute to an equity slice, but this is the best part of two years away and it is quite possible that the equity will account for a small part of the funding and Altona’s rating should be higher by then. In other words the actual funding is not seen as a make or break factor for Arckaringa providing the BFS proves positive.

Any revenue figures are tentative at this stage, but Edison Investment Research has worked out that if Plan “A” is adopted, namely if 10 million barrels of fuel products are produced and 540 MW of power is achieved by in three or four years say then assuming a distillate price of US$100 a barrel and a wholesale electricity price of US$ 30 a MWh and gross unit cash costs of production of US$35 barrel the Arckaringa CTL operation has the potential to produce free cash flow of US$593 million per annum.

This produces a project NPV of US$1.6 billion (discounting at 10 per cent over 20 years and after netting off capital expenditure of US$3.4 billion). Altona’s likely 30 per cent interest would then equate to US$1.32, A$1.45 or £0.80 at current prices (against an 8.15p high and 0.82p low in the past 52 weeks.)

Of course things can change in the next few years. Further value could be added by developing ancillary and additional products derived from large scale production of Syngas. There is also a lot of work to be done developing a relationship with the State Government and the Foreign Investment Review Board of Australia. But by any standards it is an exciting project.

[tommy-hl]

Antwort auf Beitrag Nr.: 38.677.997 von XIO am 06.01.10 19:32:22

oilbarrel zu Afren:

January 28, 2010
Afren Adds Another Piece To Its Planned Production Hub In Nigeria With Farm-In To OML115

Afren plc, the ambitious E&P stitching together a patchwork of development projects in Nigeria, has added to its footprint in the West African energy powerhouse by agreeing joint venture terms with Oriental Energy and Energy Equity Resources. Afren has paid US$6 million upfront to buy into OML115 in the south east of Nigeria, which lies adjacent to its existing Ebok and Okwok fields.
Afren’s strategy is to develop a series of marginal or fallow oilfields to build a sizeable production business in Nigeria – its business model is Addax Petroleum, which built a production base of more than 130,000 barrels per day and was acquired by Sinopec for over US$7 billion last year.

With this strategy, there are two factors critical to success: picking the right indigenous partners and picking projects in close proximity to help understand the geological setting and deliver cost-savings during the development phase.

The latest acquisition meets both criteria: OML115 is adjacent to the company’s Ebok/Okowk complex and Oriental Energy Resources has proved to be an effective partner in the company’s Ebok and Okwok projects. The latter point is not to be underestimated: partner problems are notorious for derailing development projects in Nigeria as smarting investors in Tuskar Energy and more recently Equator Exploration can testify.

Under the terms of the farm-in agreement, Afren will act as technical adviser to London-based Energy Equity Resources and acquire a 32.5 per cent legal interest in the project. Afren will fund the drilling of one exploration well on the block, at an estimated cost of US$30 million, after which Afren and EER will jointly fund costs on a pro-rata basis (81.25 per cent and 18.75 per cent).

During the cost recovery phase, Afren will have an effective economic interest of between 81.25 and 65 per cent. Following cost recovery by both Afren and EER, Afren’s effective economic interest will revert to between 32.5 and 40.625 per cent of field revenues.

OML 115 lies in the prolific offshore eastern Niger Delta, surrounding the Afren/ Oriental-operated Ebok and Okwok development area and close to the giant Zafiro complex. The southern portion of the Okwok structure (Okwok South) extends into OML 115 and there is also additional prospectivity in the channelized Qua Iboe system. Afren reckons there is a gross unrisked resource potential of 270 million barrels based on work done to date.

Afren will be keen to chase down this potential: it has never knowingly hung around and has a track record of meeting or beating its own production goals, most recently exceeding its 2009 production expectations with average net working interest production of 21,000 bpd. In the near term, it plans to undertake a detailed study of the subsurface to finetune a location for an exploration well, which it intends to spud in the second half of this year.

Success here would mark a significant step forward in the company’s ambitions to build a production hub in this part of the Niger Delta, where it recently had appraisal success with the Ebok field, confirming a 116 million barrel development project with upside of 182 million barrels. Okwok would take that upside to 304 million barrels and investors will have to wait until later in the year to get a feel for the potential in OML 115.

At this point, the company can start to plan for joint storage and export operations not to mention shared drilling and other services, enhancing project economics. “The close proximity of OML 115 to the Ebok - Okwok complex will provide a pre-existing export solution for any development on the block,” said Afren CEO Osman Shahenshah.

The company is already making solid progress towards bringing Ebok onstream this year. It recently scored another reserves triumph on the Ebok field after the Ebok-6 appraisal well exceeded pre-drill expectations, finding 107 feet of gross oil pay and boosting the oil-in-place number for the D2 reservoir sands in the southern lobe of the field by a whopping 400 per cent.

The success of Ebok-6 has lifted the total 2P recoverable reserve estimate to 116 million barrels, which means the three appraisal wells drilled by Afren since joining Oriental in the project in 2008 have added an incremental 91 million barrels of recoverable oil.

Ebok, which lies in shallow waters some 50 km offshore, was discovered in the late 1960s by Mobil and appraised in the 1970s. Afren’s appraisal work has moved it from being a marginal discovery to a project in development, with the first phase development plan now underway.

Production guidance points to year-end production of 15,000 bpd from the first phase development with another 20,000 bpd coming from an accelerated phase 2 development. With Okwok and any finds in OML115 still to be added to this tally, this could shape up to be a significant first production hub for the London-listed company.

[tommy-hl]

Interessant erscheint Millennium Minerals Limited:

1. Gold-Produktion soll bis Q2-2011 starten

2. Zurzeit wird eine KE durchgeführt. Dabei ist der Ausgabekurs höher als der aktuelle Handelskurs:

"Millennium Minerals Limited ("Company”), is currently undertaking a pro rata non-renounceable rights issue pursuant to a prospectus dated 23 December 2009 ("Prospectus"). The Company expects that the rights Issue will close on 11 February 2010. The rights Issue Is open to existing shareholders In Australia and New Zealand on the basis of two (2) New Shares and one (1) Option for every eight (8) Shares held at an issue price of AU$0.045 per New Share, to raise up to a maximum of AU$5,242,067."

3. Knackpunkt und Risiko ist die fehlende Finanzierung für den Bau der Mine!
Sollte aber die o. g. KE tatsächlich zu dem höheren Kurs gelingen, wäre das zumindest ein Indiz dafür, dass die Finanzierung gelingen könnte.


Website: http://www.millenniumminerals.com.au

Bis 11.02.10 soll die KE abgeschlossen werden. Das Ergebnis würde ich noch abwarten. Dann (bei positivem Ausgang) evtl. mit einer erste Tranche einsteigen.

Hat sich schon jemand etwas intensiver mit Millennium Minerals beschäftigt?

Meinungen?

[XIO]

bzgl. MPV:

26th January 2010

Mountain Province, De Beers mull 4,5m ct/y operation at Gahcho Kué



TORONTO (miningweekly.com) – A definitive feasibility will be completed by mid-year on the Gahcho Kué diamond project, in Canada's Northwest Territories, junior miner Mountain Province Diamonds confirmed on Monday.

Mountain Province owns 49% of the asset and De Beers Canada holds the balance.

Key elements of the feasibility study, including the mine schedule, pit design, waste dump design, process plant design, and waste and water management are “advancing satisfactorily”, Mountain Province said in a statement.

A final draft of the Gahcho Kué project description has been presented to the partners and, once completed, the project description will be incorporated into the environmental impact statement (EIS), which will be submitted to the Mackenzie Valley Environmental Impact Review Board.

The draft project description includes an average yearly production rate of about three-million tons of ore, and a yearly production rate of around 4,5-million carats.

The life of mine from the openpit resource is estimated at some 12 years.

However, Mountain Province emphasised that these parameters remain subject to final review, confirmation and approval by De Beers and itself.

The finalisation of the EIS is running in parallel with the feasibility study, so that permitting for the project can be completed as soon as possible.

The Gahcho Kué project consists of a cluster of kimberlites, three of which have an indicated resource of about 30,2-million tons grading at 1,67 ct/t, or about 50,5-million carats.

There is also an inferred resource of about six-million tons grading at 1,73 ct/t, for around 10,3-million carats.

In July 2009, De Beers Canada and Mountain Province agreed to revise their joint venture on the project.

De Beers had been sole funding work as part of an earn-in agreement, but the companies decided that the ownership split would stay at current levels, and the partners would fund their respective share of spending.

http://www.miningweekly.com/article/mountain-province-de-bee…