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Homeland Nickel Inc V.SHL

Alternate Symbol(s):  SRCGF

Homeland Nickel Inc. is a mineral exploration company. It is focused on critical metal resources with nickel projects in Oregon, United States and copper projects in Newfoundland, Canada. Its projects include Cleopatra, Red Flat Nickel Property, Shamrock Property, and Eight Dollar Mountain. The Cleopatra property is located in southwest Oregon and consists of 139 lode mining claims covering a total area of 1,162 hectares (2,872 acres). The Red Flat Nickel property is located in southwest Oregon 15 kilometers (km) east of Gold Beach and 480 km south of the City of Portland. The Eight Dollar Mountain property is located in Josephine County, Oregon. The Eight Dollar Mountain property consists of 115 claims totaling 962 hectares (2,376 acres). The Shamrock Property consists of 40 unpatented load claims, accessible by paved road, covering 758 acres and located 20 miles northwest of Medford, Oregon. It also owns a 70% interest in the Great Burnt and South Pond copper and gold properties.


TSXV:SHL - Post by User

Post by DrNo1962on Jul 03, 2021 7:43pm
260 Views
Post# 33490115

O&G Assets...

O&G Assets...SHL.v acquired Repsol heavy O&G assets near Unity, SK. Desperately trying to find some more info on - what sounds like - a very positive acquisition especially in light of current oil prices. These assets were shut-in when WTI was approx $25/bbl. Believe these 'Unity, SK' Repsol assets are deacribed as 'Chauvin, AB' Repsol assets on their website as this is neighbouring AB community to Unity, SK. These heavy assets described very favorably by Repsol "low-risk wells to keep a stable activity going in this region for many more years". Hopefully SHL shareholders get some more info once this deal closes. Share price certainly not reflecting much positive... Yet. That will change IMO. From Repsol website: Chauvin With more than 50 years of development, Chauvin is considered one of the Companys foundational heavy oil assets. Repsol has a land base of approximately 129,000 net acres with approximately 1,800 km of pipelines and 21 operated facilities in the area. By applying horizontal technologies to reservoirs that were historically developed with vertical drilling, we now have a drilling inventory of hundreds of low-risk wells to keep a stable activity going in this region for many more years.
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