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Ashanti Gold Corp. GULSF

"Ashanti Gold Corp is a Canada-based mining company. It operates in one business segment that is Mineral Exploration and Development in Western Africa. Its project consists of Kossanto East project, Ashanti Belt project, and Anumso gold project."


GREY:GULSF - Post by User

Bullboard Posts
Comment by snafuron Jan 14, 2008 3:13pm
205 Views
Post# 14200417

Spud next sunday or earlier

Spud next sunday or earlier

Indeed, that is good news. Last information from IFR was that it may not be sure that Maria gets drilled in a short time.
This update gives a planned spud for next sunday or earlier.

Britcana Energy Ltd, a wholly owned UK subsidiary of IFR, will participate in the drilling of a well in UKCS Licence P.233, Block 15/18a to test the "Maria" prospect. The well, to be operated by Petro-Canada UK, will be drilled with the GSF Artic 111 semi-submersible with operations due to commence on or before January 20, 2008. Britcana will pay 11.11% of the cost to drill and, if required, conduct DST operations to earn an 8.33% interest in Licence P. 233, Block 15/18a. The Company has identified three additional prospects/leads in the block that require new 3D seismic to mature to drill ready status.

Bullboard Posts