The Energy Report

Access Road Construction Underway at Indonesia Well

Source: Streetwise Reports 11/06/2018 This joint venture-owned asset moves one step closer to drilling. Pan Orient Energy Corp. (POE:TSX.V) announced the joint venture owners received the requisite permit to construct an access road to the Anggun-1X exploration well and that work has started. Pan Orient owns 49% and is a nonoperator of the Indonesia East […]

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Cobalt Company Reports Progress with U.S. Mine Development Work

Source: Streetwise Reports 11/03/2018 The firm continues its infrastructure, feasibility study and staffing efforts for its Idaho Cobalt Project. eCobalt Solutions Inc. (ECS:TSX; ECSIF:OTCQX; ECO:FSE) provided an update on its Idaho Cobalt Project, specifying development tasks that have been recently completed and tasks that remain in progress. “I am very impressed with not only the

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Oil & Gas Company Initiates Spudding of Next Set of Wells in Texas

Source: Streetwise Reports 11/03/2018 A ROTH Capital Partners report relayed this latest news. In an Oct. 31, 2018, research note, analyst John White with ROTH Capital Partners reported that Torchlight Energy Resources Inc. (TRCH:NASDAQ) spudded the first well of the next three planned for its acreage in the Orogrande Basin: University Rich A11 #2. This

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California-Based Oil & Gas Company Reports Progress of Wells

Source: Streetwise Reports 11/01/2018 Two wells in the Oklahoma SCOOP region continue to advance. BNK Petroleum Inc. (BKX:TSX; BNKPF:OTCQX) reported the Anderson 1-15H10X3 well was successfully drilled and cased. This well, in which the company has a 33% working interest, is in Oklahoma’s SCOOP region, in Tishomingo field. Next for the well is fracture stimulation,

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Diversified Miner Must Accelerate Q4/18 Production to Achieve Guidance

Source: Streetwise Reports 10/31/2018 A BMO Capital Markets report reviewed this multinational company’s Q3/18 numbers and Q4/18 outlook. In an Oct. 26, 2018, research note, BMO Capital Markets analyst Edward Sterck reported that due to a “slightly light” Q3/18 for Glencore International Plc (GLEN:LSE), for it to meet the lower end of 2018 guidance will

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Mining Firm Expands Options with Second Form of Lithium

Source: Streetwise Reports 10/31/2018 A Canaccord Genuity report relayed and discussed the results of this company’s recent pilot plant testing. In an Oct. 29, 2018 research note, Eric Zaunscherb, a Canaccord Genuity analyst, reported that Critical Elements Corp. (CRE:TSX.V) successfully produced battery-quality lithium hydroxide in pilot plant testing. The company’s ability to now produce lithium

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Miner Finds High-Grade Vanadium Mineralization at Utah Complex

Source: Streetwise Reports 10/27/2018 This company provided an update on its own test mining and on federal governmental actions. Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American) reported that initial encouraging results from test mining of ore at its La Sal mines complex Utah have prompted it to conduct further study of the extent of the mineralization there

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Fertilizer Maker Maxes out Production Capacity, Plans Expansion

Source: Streetwise Reports 10/25/2018 Sales of this firm’s fertilizer product increased tenfold year over year. Having already sold all of the soil and plant fertilizer it can produce in 2018, Verde AgriTech Plc (NPK:TSX; AMHPF:OTCQB) announced it will add another processing plant in 2019 to meet demand. “Though it pains us to turn away buyers

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