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EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 quantities of oil and gas that are estimated to be recoverable with a high degree of confidence), but also probablereserves (i.e.,
Two of the biggest are juniors who bought their mines when gold was higher–but interest in gold stocks was definitely not. The lack of capital has had a direct impact on reserves.Proven and probablereserves at major gold miners have been in decline for years.
Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. The proven economically recoverable reserves of the mine is 69 Mt of KCl at a grade of 28.9% There is another 122 Mt of probablereserves grading 27.5%.
The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .’s
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