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Sama Resources Inc V.SME

Alternate Symbol(s):  SAMMF

Sama Resources Inc. is a Canada-based resource company. The Company is focused on exploring the Samapleu nickel-copper project in Cote d’Ivoire, West Africa. The Company is engaged in developing and exploiting the Samapleu Nickel-Copper and Platinum Group Element Resources. Its projects are located approximately 600 kilometers (km) northwest of Abidjan in Cote d’Ivoire and are flanked to the west by the Ivorian and Guinean borders. Its projects are located adjacent to the nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km-long new Base Metal Camp in West Africa. Its property includes Zeregouine property, Grata property, Zoupleu property, Nuon River property, Zwedru South property and others. Its Grata Property is located adjacent to the north-eastern boundary of the Samapleu Property. Its Grata Property covers 92 square kilometers of property in Ivory Coast. Its Zwedru South property covers 312.85 square kilometers of property in the county of Bong, Liberia.


TSXV:SME - Post by User

Bullboard Posts
Post by jerridon Apr 11, 2005 4:52pm
392 Views
Post# 8889259

Coal-bed methane

Coal-bed methaneCoal-bed methane will avert a natural gas crisis Don't bet on it. In the United States, the practice of removing methane from ancient coal seams has proven to be a controversial and emotion-laden issue, given aquifer depletion, contamination and other problems. To date, Canada's coal-bed methane industry has drilled nearly 3,000 wells, but its political and economic future remains uncertain amid heavy public and government consultation. Despite 20 years of conflict-laden pumping, the United States has yet to coax more than 8.5% of its natural gas from coal seams. Yet the National Energy Board predicts the industry could somehow milk between 13% and 23% of Canada's supply from coal-bed methane by 2025. Right now, about 0.5% of our gas comes from coal- bed methane seams in farm country northeast of Calgary. According to a recent paper by the National Energy Board, coal-bed methane production can grow only with mind-boggling feats of intensive drilling. Projects in central Alberta between Calgary and Edmonton could further industrialize the landscape with up to 50,000 wells, and turn rolling prairie into "a manufacturing process," says the report. Coal-bed methane production is already proceeding at a rapid pace in the West, but few analysts expect it to make up for conventional declines. "If we are going to meet the NEB prediction," says Hughes, "we have a lot of work to do."
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