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Letter: Power plant sale risks Medicine Hat advantage - Medicine Hat NewsMedicine Hat News - Vimarsana News

Letter: Power plant sale risks Medicine Hat advantage - Medicine Hat NewsMedicine Hat News

Letter: Power plant sale risks Medicine Hat advantage Poll Yes Dear editor, Before discussing the proposed power plant sale, and related price, let’s review the current Medicine Hat electricity price advantage that we have over other Alberta cities. We save roughly $24 per month on our electricity bills. In the 2016 consensus there were around 28,000 private dwellings in Medicine Hat. So what we could also be risking with a possible sale, is some or all of our citizens $8 million-plus annual advantage. As far as estimating a potential power plant selling price, just to clarify what we might...

Northisle Announces Positive PEA for the North Island Project Which Confirms it is One of the Most Attractive Cu-Au Projects in Canada - Vimarsana News

Northisle Announces Positive PEA for the North Island Project Which Confirms it is One of the Most Attractive Cu-Au Projects in Canada

Northisle Announces Positive PEA for the North Island Project Which Confirms it is One of the Most Attractive Cu-Au Projects in Canada February 4, 2021 - All figures in C$ unless otherwise noted TSX Venture Exchange Symbol: NCX Highlights The 2021 PEA confirms that the North Island Project is one of the most attractive copper-gold porphyry projects in Canada: Long mine life of 22 years with average annual production of 177 mm lbs Cu Eq. over the first 6 years, including 112 mm lbs of copper, 112 koz of gold and 2.7mm lbs of molybdenum Average annual after tax free cash flow of $321 million ...

Gran Tierra Energy Inc. Announces 2020 Year-End Reserves and Operational Update - Vimarsana News

Gran Tierra Energy Inc. Announces 2020 Year-End Reserves and Operational Update

Added 8.3 MMBOE of 1P Reserves Realized 1P Finding and Development Costs of $2.65/boe 1P and 2P Net Asset Value per Share Before Tax of $1.15 and $3.25 1P Reserves Equal 59% of 2P Reserves, Demonstrating Strength of Company’s Proved Reserves Base Achieved Company’s Best Safety Year in 2020: Zero Lost Time Incident Frequency CALGARY, Alberta, Jan. 26, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“ Gran Tierra” or the “ Company“) (NYSE American:GTE) (TSX:GTE) (LSE: GTE), a company focused on oil exploration and production in Colombia and Ecuador, today announced the Companyâ...

Covid-19: Govt spending drops by Shs2.3 trillion - Vimarsana News

Covid-19: Govt spending drops by Shs2.3 trillion

Covid-19: Govt spending drops by Shs2.3 trillion Wednesday December 30 2020 Finance minister Matia Kasaija arrives at Parliament to present the 2020/2021 National Budget on June 11. PHOTO/ALEX ESAGALA Summary The implementation of the Budget in the first four months thus far has been affected by severe shortfalls in domestic revenue collections. Advertisement The government expenditure in the first four months of the Financial Year 2020/21 has dropped from Shs5.8 trillion to about Shs3.5 trillion on account of dwindling revenue collections.  Government spending has nose-dived mainly because ...

Acquisition of Atomic Oil & Gas LLC, 16 Dec 2020 01:00 - Vimarsana News

Acquisition of Atomic Oil & Gas LLC, 16 Dec 2020 01:00

·    Two operated oil fields in Wyoming, USA at start of their 40+ year life ·    ROI over 50% with $2.18/bbl acquisition cost vs a value of $7.52/bbl at NPV (10%)   Calgary, Canada; London, United Kingdom; December 16, 2020 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that it has agreed to acquire Atomic Oil & Gas LLC ("Atomic") for a consideration of US$54 million consisting of assumed debt, cash and shares. This strategic acquisition would represent a step...