TAG Oil Provides Update on Operations and Planned Activities in Egypt's Western Desert

-- TAG Oil (TAO.V) on Monday provided an update on its first quarter operations and planned activities in the Egypt's Western Desert.

The company said it is preparing to drill the T-200 vertical well at the Badr Oil Field concession. To capitalize on current oil prices, the company said it is actively working to secure a drilling rig and plans to start operations once a suitable rig becomes available.

It has also selected an existing well to carry out a Diagnostic Fracture Injectivity Test on the ARF formation at the Southeast Ras Qattara oncession. Planning for the test program is underway, and field operations are expected to start following execution of a petroleum services agreement before the end of the second quarter.

The company added that subject to positive results, it is considering drilling a new vertical well in the fourth quarter to further evaluate the commercial potential of the reservoir.

Shares of the company were last seen unchanged at $0.085 on the TSX Venture Exchange.

Fortuna Mining就圭亞那石英石計畫簽訂收益分成協議

Fortuna Mining（FVI.TO）週一宣布，已與圭亞那私人公司Qstone就位於圭亞那中北部的Quartzstone項目達成一項權益分成協議。根據該協議，Fortuna最多可獲得Quartzstone專案70%的權益。 Fortuna可透過在四年內完成至少6萬公尺的鑽探，並支付所有許可證費用和相關支出，以獲得該項目51%的初始權益。行使第一項選擇權後，Fortuna將與Qstone成立合資企業。 Fortuna可透過在行使第一項選擇權後的三年內，僅出資進行可行性研究，並繼續支付所有許可證費用，獲得該項目額外的19%權益。除需向國家繳納黃金生產特許權使用費外，Quartzstone專案還需向原所有者支付4.5%的淨冶煉收益特許權使用費，該部分權益可回購。歷史鑽探已在該專案中發現了多個近地表高品位金礦化帶。 Fortuna公司的初步勘探計畫預算約為550萬美元，將重點放在Quartzstone專案已確定的優先目標，同時沿著極具前景的26公里長的主剪切帶尋找新的目標。

$FVI.TO

加拿大皇家銀行將黑石集團的目標股價從179美元下調至176美元，維持「跑贏大盤」評級。

根據FactSet調查的分析師報告，黑石集團（BX）的平均評級為“增持”，平均目標價為145.25美元。（報道北美、亞洲和歐洲主要銀行及研究機構的股票、商品和經濟研究。研究機構可透過以下連結聯絡我們：https://www..com/contact-us）

$BX

TAG Oil Provides Update on Operations and Planned Activities in Egypt's Western Desert

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Fortuna Mining就圭亞那石英石計畫簽訂收益分成協議

加拿大皇家銀行將黑石集團的目標股價從179美元下調至176美元，維持「跑贏大盤」評級。