Petromin Resources Ltd. is a progressive international Petroleum and Natural Gas Exploration
and Production company listed Tier 1 on the Toronto Venture Stock Exchange. The Company
is currently focused on developing 655 sq km of coalbed methane (CBM) land in Western China
along the Southern Junggar Basin (in China). Alongside significant international resource
development initiatives in China and Kuwait, the Company’s core operations include five oil
and gas producing properties in Alberta Canada along the Western Canada Sedimentary Basin.
Petromin is leading the way in technologically innovative methods designed to significantly improve reserves of existing oil pools (EOR) and to enhance the recovery of coalbed methane (ECBM) while significantly minimizing greenhouse gas (GHG) emissions.
"This should be a 4 or 5-bagger by end of the year. If I had the money, I would just buy those
... shares and watch the stock rise."
Minera IRL Ltd. together with its subsidiaries develops and explores precious metals in Latin America. Its projects include Ollachea gold project, Don Nicolas project and Corihuarmi gold mine among others. Minera IRL Limited is a AIM, TSX and BVL listed precious metals mining and exploration company with operations in Latin America. Minera IRL is led by a management team with extensive operating experience in South America . In Peru, the Company operates the Corihuarmi Gold Mine and the advanced Ollachea Gold Project. . The Company also has a 51% interest in the Don Nicolás joint venture in Argentina with CIMINAS. For more information, please visit www.minera-irl.com
Zodiac’s Alberta acreage is located in the Snipe Lake strike area. The Company currently has access to 90.5 net semi-contiguous sections with 100% working interest in the Snipe Lake area, just North of the active Kaybob area.
The Company is pursuing multi-zone stacked resource opportunities in the Duvernay, Montney, Nordegg and Beaverhill Lake formations. In October 2012, the Alberta Geological Survey and the Energy Resources Conservation Board published a report estimating that the Duvernay in Alberta held 443 tcf of natural gas, 11.3 billion bbls of natural-gas liquids and 61.7 billion barrels of oil in place (P50 estimate). The Duvernay is one of the most active emerging new shale plays in North America with many majors and large independents, such as Chevron, Shell, Conoco, and Exxon pushing the technical frontiers of the play in order to unlock the immense resource potential.
A multi-billion barrel light oil resource has been identified on Zodiac’s lands by independent external reserve evaluators and through internal evaluations. The company is exposed to 88.5 sections in the Duvernay, 47.25 sections in the Nordegg, 88.5 sections in the Beaverhill Lake and 81 sections in the Montney. Zodiac continues to derisk the opportunities through technical work.
And, valuable lands in California and Montana:
The San Joaquin Basin of Southern California is a world-class geologic system with over 13 Billion BOE produced to date. We have identified an array of light oil opportunities to which we can apply our unique set of skills. We currently control approximately 72,000 net acres in Kings and Kern Counties which is optimally located in an area where the oil source rock is actively generating light oil. Zodiac has identified both low permeability and conventional light oil prospects on its acreage. The primary prospect is characterized as naturally fractured, low permeability sandstone, siltstone and shale contained in the Vaqueros and Whepley formations referred to as the Jaguar prospect. Sproule Associates, Ltd., Calgary, has prepared an NI 51-101 Resource Report that estimates a mean petroleum initially in place of over 4 Billion Barrels of light oil to a portion of the Zodiac lands. Other resources identified on our acreage include the Monterey and Kreyenhagen light oil plays as well as higher porosity/permeability targets.
Zodiac has farmed in on approximately 12,000 gross acres (all rights, freehold) in south central Montana in pursuit of a Grey Bull Channel light oil exploration opportunity. The play is analogous to a Glauconite channel in the Western Canadian Sedimentary Basin. To date, Zodiac and predecessors have completed 2-D and 3-D seismic programs under the terms of the farm in agreement. Zodiac has to drill two vertical exploration wells before June 30, 2014 to complete earning a 75% working interest in the land under the terms of the farm-in agreement. Zodiac estimates that the two exploration wells will cost $1.2 million in aggregate to drill, test, complete and equip. Zodiac is the operator under the terms of the farm-in agreement.
Bengal Energy director Wheeler buys 1.53 million shares
William (Bill) Wheeler, a director of Bengal Energy Ltd., in February, 2014, directly and indirectly acquired ownership or control over an additional 1,534,500 common shares of the company. The purchases were made throughout February, 2014, in the open market under the facilities of the Toronto Stock Exchange at an average price of 41 cents per share.
Following this acquisition, Mr. Wheeler beneficially owns or controls, directly and indirectly, 10,315,884 common shares, representing approximately 16.0 per cent of the currently outstanding common shares. A copy of the early warning report will be filed on SEDAR with respect to the acquisition of the common shares by Mr. Wheeler's spouse and will be available upon request from the offices of the company at Suite 1810, 801 -- 6th Ave. SW, Calgary, Alta., T2P 3W2.
With the inevitable inflation that is to arise in this 21st century, one should hold a diversity of assets. Listed here are a number of "beaten down" PM (precious metals) and O/G stocks that can be owned with only a small outlay of cash. These are risky "venture"stocks to be held only in the very speculative part of a portfolio: