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Euromax Resources Ltd V.EOX

Alternate Symbol(s):  EOXFF

Euromax Resources Ltd is a Canada-based company that operates in mining industry. The Company is engaged in identifying, acquiring and developing mineral resources in Southeastern Europe. The Company has a development project in Northern Macedonia. The Company is focused on building and operating the gold-copper development asset in Ilovica-Shtuka in South East Macedonia. Ilovica-Shtuka copper/gold project's deposit type is copper gold porphyry. Its average annual production is 83 kilo ounces (Koz) of gold (Au) and 16 kilo tons (Kt) of copper (Cu). It is engaged in the bulk tonnage open pit mining.


TSXV:EOX - Post by User

Bullboard Posts
Post by goose94on Feb 26, 2008 8:50am
320 Views
Post# 14545130

Good Flows

Good Flows

EYREMORE GAS WELL REPORTS GOOD FLOWS

Euromax Resources Ltd. has entered and completed the Belly River E pool in the 5-10-17-18W4. The well flowed 700,000 cubic feet per day from the co-mingled Belly River E, I and J pools, with a flowing tubing pressure of 675 psig constant for a 24-hour period with no water production.

The well is already tied into the gathering system and is on production. The wellhead is equipped with a manual choke which holds the drawdown on each zone to those from the tests in order to minimize the risk of coning water and thereby minimize operating costs and optimize recovery.

Bullboard Posts