Friday, March 22, 2013
|In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for a world record-setting $21.5 million.|
Thursday, March 21, 2013
| Bellatrix Exploration Ltd. - BXE.t assets comprise a high-quality portfolio of properties concentrated in key areas of Alberta and Saskatchewan, with some British Columbian assets in the Peace River Arch region.|
The company has a multi-year drilling inventory of locations in Alberta, Saskatchewan and British Columbia.
Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce the well test results of its most recent long reach Fahler horizontal liquids rich natural gas well.
At Ferrier, the Company drilled its first long reach Fahler horizontal liquids rich natural gas well (100% working interest) to a total depth of 5,205 meters with a horizontal length of 2,845 meters. The well was fracture stimulated in 36 stages and tested at varying rates over a 6 day period from 10 mmcf/d to 30 mmcf/d of natural gas with an estimated 35 bbls of liquids per mmcf of natural gas. The final test rates were 30 mmcf/d of natural gas with an estimated 1,050 bbls/d of liquids at 2,250 psi flowing pressure. Bellatrix tied the well in and it was placed on production in early March at an initial restricted rate of 20.4 mmcf/d of natural gas with an estimated 714 bbls/d of liquids at a flowing pressure of 2,380 ps.
Labels: Bellatrix Exploration
Tuesday, March 19, 2013
| ATAC Resources Ltd. - ATC.v is advancing the flagship Rackla Gold Project in the Yukon.|
The Rackla Gold Project is located 55 km northeast of Keno City covering an area over 1,600 sq km.
ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or "the Company") announces that Agnico-Eagle Mines Limited ("Agnico-Eagle") today entered into a Subscription Agreement with the Company to make an investment of approximately C$13 million in ATAC by way of a non-brokered private placement consisting of Units. Both Boards of Directors have approved the transaction. Upon completion of this transaction, ATAC's cash position will be approximately C$27 million.
Under the terms of the Subscription Agreement Agnico-Eagle will purchase a total of 9,600,000 Units at a price of C$1.35 per Unit. Each Unit will consist of one common share and one-half of one share purchase warrant (each whole share purchase warrant a "Warrant").
Labels: ATAC Resources Ltd.