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NewsBreak Category: ESG Wire
Thursday Mar 14, 2024 - 10:50 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces 508% Increase in 2023 PDP Reserve Valuation

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) today announced a 508% increase to its proven developed producing (“PDP”) reserve value of 27MM$, reflecting the success of the company’s 2023 development program. In addition, Prospera’s proven plus probable (“2P”) reserve value increased by over 60MM$ to a total of 133MM$ – largely driven by the undeveloped reserve value increase from 58MM$ to $98MM$. InSite Petroleum Consultants…

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Wednesday Mar 13, 2024 - 3:43 pm

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Announces Option to Epworth Property in Nunavut, Canada

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) recently announced that on Feb. 29, 2024, it entered into a binding letter agreement with Emerald Geological Services (“EGS”) under which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada. “We are very excited to option the Epworth Property,” said Thomas Ullrich, CEO of Aston Bay.…

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Monday Mar 11, 2024 - 1:31 pm

InvestorNewsBreaks – SEC Adopts Landmark Climate Rule Detailing New Reporting Mandates for Public Companies

The Securities and Exchange Commission (SEC) has adopted a landmark climate rule requiring public companies to disclose their climate risks, adaptation strategies, board oversight of climate strategy, and the impact of climate targets on their business. This rule also mandates large non-exempt companies to report their Scope 1 and Scope 2 emissions, which are related to direct and indirect emissions from purchased energy. The rule…

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Monday Mar 11, 2024 - 12:49 pm

InvestorNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Enters Credit Agreement, Releases Other Key Announcements

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF), a battery minerals company providing shareholders exposure to the global megatrend of electrification, and its wholly owned subsidiary, ESI Energy Services Inc. (“ESI”) has entered into a C$8 million credit agreement. The agreement is with Fiera Enhanced Private Debt Fund. According to the announcement, ESI has drawn the first advance of C$5 million under the credit agreement with…

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Friday Mar 08, 2024 - 1:42 pm

InvestorNewsBreaks – Why Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Is ‘One to Watch’

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) is a Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America. “The company owns the Storm Copper Project and the Seal Zinc Deposit in Nunavut, Canada, and is currently exploring the Buckingham Gold Vein and critical metals prospects in central Virginia. Aston Bay is also in the advanced stages of negotiation on other…

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Tuesday Feb 13, 2024 - 10:55 am

InvestorNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Partners with Javelin Global Commodities with Critical Agreements

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF), a battery minerals company providing shareholders exposure to the global megatrend of electrification, and its Chilean subsidiary, Minera BMR SpA, have announced key agreements with Javelin Global Commodities. According to the announcement, the company entered into a marketing agreement, a master purchase and sale agreement, and a copper concentrate prepayment and advance payment terms arrangement with Javelin. The…

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Friday Feb 02, 2024 - 3:32 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) on Track to Supply OEMs with Rare Earth Oxides by 2025

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S. The company is positioning for ultimate commercialization its RapidSX(TM) technology for the separation and purification of critical metals, a move that would slash reliance on Chinese rare earth technologies and its byproducts. “Ucore has gained incredible headway over the years,…

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Friday Jan 26, 2024 - 12:36 pm

InvestorNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Planned Louisiana SMC Fulfills Efforts to Establish Western-Nation REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals enterprise, is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies. “Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology,” reads a…

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Friday Jan 12, 2024 - 10:26 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Participation at National Defense Industry Association Event

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, will be presenting at this month’s Mine to Magnet Workshop presented by the National Defense Industry Association (“NDIA”). Hosted by Lockheed Martin, the two-day event is scheduled for Jan. 16–17, 2024; Ucore’s presentation, which will be part of the “Disruptions and Substitutes” session, is slated for Jan. 17.…

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Tuesday Jan 09, 2024 - 10:11 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Executes MOU with Defense Metals

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, announced the execution of a nonbinding Memorandum of Understanding (“MOU”) with Defense Metals Corp. According to the announcement, the MOU defines an enhanced working relationship between the two companies as they collaborate to  explore opportunities as they move toward commercialization efforts for a North American rare earth element…

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Tuesday Jan 09, 2024 - 9:55 am

InvestorNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Sale of Ontario-Based ZigZag Property

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has sold 100% interest in its ZigZag Lake Lithium property to Metals Corp. The property is located near Crescent Lake, Ontario. The purchase agreement was dated Jan. 8, 2024. According to the announcement, Metals Corp. paid $400,000 to Reflex and issued one million common shares for the property. The announcement noted that,…

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Friday Jan 05, 2024 - 10:54 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Recaps Successful Year, Eyes Robust 2024 Development Plans

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) has announced that 2023 was a highly successful year for the restructured company. Among the highlights, PEI reportedly drilled, completed and tied-in nine horizontal wells in heavy oil reservoir with initial production rates exceeding expectations at 100+bpd per well. The ninth well was rig released on Dec. 24 and was brought online on Dec. 28. Prospera also drilled…

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Thursday Jan 04, 2024 - 10:58 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Acquisition of Louisiana Facility for Future REE Processing Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has acquired an 80,800-square-foot brownfield facility in Alexandria, Louisiana. The company plans to use the structure, which is located on a 10-plus acre industrial parcel, for the development of its first commercial rare earth element (“REE”) processing facility. According to the announcement, Ucore has entered into a multidecade…

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Thursday Dec 21, 2023 - 11:43 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Completes Final Stage of Demo Plant Commissioning, Begins DOD Demonstration Program

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has completed the third and final stage of planned commissioning procedures at the company's RapidSX(TM) Commercial Demonstration Plant; the company has also begun the U.S. Department of Defense (“DoD") demonstration program. The demo plant is situated at Ucore's 5,000-square-foot RapidSX Commercialization and Demonstration Facility in Kingston, Ontario; the…

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Tuesday Dec 19, 2023 - 3:03 pm

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Looking to Triple Daily Crude Output with Launch of Second Phase of Drilling Program

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada, announced that its sixth horizontal well had successfully commenced production as of early November, only weeks after the resumption of its horizontal infill drilling program. “Prospera has recently launched the second phase of its drilling program, centered around drilling…

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Friday Dec 08, 2023 - 3:33 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly…

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Friday Dec 01, 2023 - 1:17 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that…

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Friday Nov 17, 2023 - 2:03 pm

InvestorNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Proprietary RapidSX(TM) Expected to Improve Standard CSX Solvent Refining Process

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning its proprietary RapidSX(TM) solvent extraction solution to overcome the obstacles in refining metals vital to modern, greener technology. “RapidSX(TM) is expected to match and improve on the standard CSX solvent refining process used by China in its market-dominating extraction of rare earth elements (‘REEs’) from mined product to prepare them for use in high-grade magnets that…

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Tuesday Nov 14, 2023 - 12:09 pm

InvestorNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Releases Status Update to Ruby Graphite Project Initial Drill Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, announced the completion of its 2023 phase one drill program at its Montana-based Ruby Graphite Project. Highlights of the drill program include a total of 24 diamond drill holes being completed, totaling 3391 meters for the inaugural HQ-size drill program on the property with average drilling depth of only 141 meters because…

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Monday Nov 13, 2023 - 2:59 pm

InvestorNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Catering to Global EV Industry Supply Chain

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2), a strategic minerals company, has centered its corporate mission around locating and developing economic properties within the advanced materials space to cater to the rapidly growing needs of the global electric vehicle industry supply chain. “In mid-August, Reflex Advanced Materials announced that it would be issuing 100,000 new common shares of its capital, the penultimate step needed to…

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Tuesday Nov 07, 2023 - 3:19 pm

InvestorNewsBreaks – American Resources Corporation (NASDAQ: AREC), Royalty Management Holding Co. (NASDAQ: RMCO) Complete Merger, Announce Commencement of Nasdaq Trading

American Resources (NASDAQ: AREC) is a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace. The company announced that the special purpose acquisition vehicle it had sponsored, American Acquisition Opportunity Inc., has successfully closed its acquisition of Royalty Management Co (“RMC”). Royalty Management Holding Co. (NASDAQ: RMCO, RMCOW), a royalty…

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Friday Nov 03, 2023 - 2:32 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Introducing a More America-Centric Structure for REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, is dedicated to securing the supply of rare earth elements (“REEs”) vital to modern computer technologies in North America. “The production and refining of REEs are largely controlled by The People’s Republic of China on the global market, and international tensions have served as a reminder that China’s supply of REEs could…

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Wednesday Nov 01, 2023 - 12:02 pm

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reports on Q3 2023 Performance, Debt Financing

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on its third-quarter production and financial results. According to the announcement, the company is steadily recovering production rates that had been impacted by adverse weather in earlier quarters, with PEI reaching gross peak rates of…

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Wednesday Oct 25, 2023 - 3:30 pm

InvestorNewsBreaks – IMARC 2023 to Showcase the Latest AI Applications and Strategies

IBN’s MiningNewsWire delves into trends in artificial intelligence (“AI”) in a recent article titled, “From Changing a Tire to Uncovering the Next Lode: How AI Is Revolutionizing the Mining Industry.” The piece discusses the mining industry’s positioning at the forefront of technological progress, with the adoption of AI in recent years emerging as a game changer, allowing for more efficient exploration, taking automation to new…

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Wednesday Oct 25, 2023 - 12:41 pm

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Bell2Bell Podcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company working to advance the next generation of high quality nickel sulphide projects to feed the high growth electric vehicle and stainless steel markets, was featured in the latest episode of the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Selby, CEO and director of Canada Nickel, joined…

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Wednesday Oct 25, 2023 - 10:17 am

InvestorNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Notes Increase of Nonbrokered Offering

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has upsized its nonbrokered private placement financing, which had been announced initially in August. The first two tranches of the offering closed earlier this month, and the offering now consists of up to 7,500,000 units of the company offered at $0.20 per unit, resulting in an anticipated $1.5 million gross proceeds; the…

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Tuesday Oct 24, 2023 - 12:29 pm

InvestorNewsBreaks – International Mining and Resources Conference 2023 Agenda Has ‘Something for Everyone’

The International Mining and Resources Conference (“IMARC”) is forecast to be the largest ever, with mining and resource leaders coming from around the world. The three-day event is slated for Oct. 31–Nov. 2, 2023, and will be held in Sydney. This year’s agenda features more than 520 speakers and 120-plus exhibitors. Expert presenters come from global giants such as BHP, Fortescue, MMG, Gold Fields, Wesfarmers,…

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Tuesday Oct 24, 2023 - 10:02 am

InvestorNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Executes Initial Drill Program at Ruby Graphite Project

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced completion of its 2023 phase one drill program at its Ruby Graphite Project near Dillon, Montana. The program’s impressive efficiencies allowed the company to complete 22 holes, surpassing the originally planned 16 holes, with all reaching an average depth of 150 meters. The company’s geological team is now focused on data compilation, with assay results expected…

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Friday Oct 20, 2023 - 2:20 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Executing Louisiana Project with Potential to Significantly Enhance North America’s Manufacturing Landscape

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, has entered a multi-decade lease agreement with the administrators of the England Airpark in Alexandria, Louisiana. Under the agreement, Ucore will build and operate a Strategic Metals Complex (“SMC”) where it will separate and produce REEs and oxides that are deemed critical to computer technology-based industries. “Currently, REE mining and refining are…

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Monday Oct 16, 2023 - 10:00 am

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds Smallest Machine Yet to Crime-Fighting Portfolio

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has announced that its crime-fighting tech portfolio is expanding with the addition of the K1 Hemisphere. According to the announcement, the K1 is the company’s smallest machine to date. The new ASR carries the slogan: Half a World of Information at Your Fingertips.  The announcement noted that the…

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Friday Oct 13, 2023 - 10:43 am

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds Two K5 ASR Contracts to Growing List of Clients

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, is continuing to add to its list of valued clients. The company has secured two more contracts for its K5 ASR, including a hotel in Athens, Georgia, and a Pre-K school in Vancouver, Washington. According to the announcement, the hospitality market is recognizing the many advantages that Knightscope ASRs offer.…

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Friday Oct 13, 2023 - 9:37 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Latest Release from The Watchlist by The Market Herald

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, was in the spotlight during a recent interview released by The Watchlist by The Market Herald. During the interview, The Watchlist’s Ryan Dhillon talked with Mark Selby, Canada Nickel’s president and CEO. The two discussed the company’s recent positive bankable feasibility study for its Crawford Nickel Sulphide Project.…

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Thursday Oct 12, 2023 - 12:24 pm

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) K5 ASRs and K1B Emergency Communications Systems Deployed for New and Existing Customers

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced two new sales for its K5 ASRs and an expansion sale from an existing user of its K1B line of emergency communication systems. The announcement reads, “Two Portland, Oregon, hotels each signed contracts for Knightscope ASRs to patrol their parking areas after the word-of-mouth-success of another Portland…

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Thursday Oct 12, 2023 - 10:33 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Positive BFS for Crawford Project

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today released results from the bankable feasibility study (“BFS”) for its innovative and wholly owned Crawford Nickel Sulphide Project (“Crawford”). According to the announcement, the results confirm significantly improved economics from its preliminary economic analysis (“PEA”), with an after-tax NPV 8% of $2.5 billion and IRR of 17.1%. Ausenco Engineering Canada Inc. prepared the BFS in accordance with National…

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Wednesday Oct 11, 2023 - 12:13 pm

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) to Host Feasibility Study Conference Call and Webcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that it will host a webcast and conference call at 11:00 a.m. Eastern Time on Thursday, Oct. 12, 2023, to discuss the definitive feasibility study for its Crawford Nickel Sulphide Project. Interested parties should visit https://ibn.fm/WYNyd to register for the event and access the webcast and join the call as detailed in the announcement. For those unable…

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Monday Oct 09, 2023 - 12:27 pm

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Emergency Communication Systems Deployed for Four Existing Customers

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announced new purchase orders. The orders are from four existing customers – two cities and two universities – seeking to grow and improve their emergency communications systems. The announcement reads, “Advocates, individuals and government officials at all levels must do everything they can to ensure that schools are…

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Thursday Oct 05, 2023 - 12:54 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on RapidSX(TM) REE Demo Plant, Louisiana SMC Engineering Processes

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a technical update on its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is operated by commercialization partner, Kingston Process Metallurgy Inc. (“KPM”). “Over the first two years in Kingston,…

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Wednesday Oct 04, 2023 - 2:36 pm

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Deploys K5 ASR, K1 Hemisphere for New Contracts in Southern California

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced two new contracts from a Los Angeles area shopping center and a medical clinic. The announcement reads, “The Knightscope K5 Autonomous Security Robot (‘ASR’) will be patrolling the interior of a large, cultural mall in the Los Angeles area. Shopping centers are places where people go to…

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Wednesday Oct 04, 2023 - 11:26 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Selection as Autotech CTA Silicon Valley Program Participant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element processing technology, has been selected by Global Affairs Canada to attend the Autotech CTA Fall 2023 Program; the program is slated for Oct. 10–12, 2023, in San Jose, California. Organized by the Government of Canada's Trade Commissioner Service in Palo Alto and the Province of Ontario Trade & Investment Office in…

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Wednesday Oct 04, 2023 - 11:11 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Provides Update Horizontal Development Production

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting that two of its five horizontal wells have begun production over the past week. According to the announcement, each well produced 125 bpd with less than 1% water cut. The company strategically brought these new…

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