A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte started working for Investing News Network in the spring of 2012 and now specializes in writing about diamonds, precious metals, base metals and graphite. She holds a Certificate in Editing from Simon Fraser University, which she completed in 2013.
Hillcrest Resources Ltd. (TSXV:HRH) announced that it has started developing the Donner #4 well site, which is located about 500 feet southwest of the Donner #1 well. The company plans to provide an update when a drill rig comes on site.
Donald Benson, president of Nordic Oil and Gas Ltd. (TSXV:NOG), announced that his company has entered into a farm-in agreement on a section of petroleum and natural gas leases in Noel, British Columbia.
Adira Energy Ltd. (TSXV:ADL,OTCBB:ADENF) announced that it has published a revised resource report for for the Yam Hadera license, located offshore Israel. Adira has the option to buy a 15-percent participating interest in the license subject to certain conditions.
The BBC reported that the United States has approved CNOOC’s (NYSE:CEO,HKEX:0883) acquisition of Canada’s Nexen (NYSE:NXY,TSX:NXY). The deal has already been okayed by Canadian authorities, so approval from the US means that the path for the sale is now clear.
CBC News reported that increasing costs have not deterred ExxonMobil (NYSE:XOM) and its partners from moving forward with the Newfoundland-based Hebron oil project. They plan to begin construction and fabrication of the Hebron platform and expect first oil to be reached at the end of 2017.
Birch Lake Energy Inc. (TSXV:BLK) and Veraz Petroleum Ltd. (TSXV:VRZ.H) announced that as per an arrangement agreement, Birch Lake will acquire all of Veraz’s issued and outstanding common shares. The transaction must be approved by a variety of entities, including Veraz shareholders, the TSX Venture Exchange and the Court of Queen’s Bench of Alberta, and is expected to close on December 21, 2012.
Bloomberg reported that a director at PT Pertamina, a state-owned Indonesian oil producer, said that Pertamina sent a takeover proposal to Coastal Energy Co.’s (TSX:CEN,LSE:CEO) major shareholders. It is possible that the proposal will cause a bidding war.
Zargon Oil & Gas Ltd. (TSX:ZAR,TSX:ZAR.DB) announced its financial and operating results for the third quarter of 2012, commenting that its oil production fell to 7,634 barrels of oil equivalent from 8,290 during the previous quarter. Its natural gas production declined 12 percent compared to the preceding quarter, averaging 15.33 million cubic feet per day.
Aroway Energy Inc. (TSXV:ARW,OTCQX:ARWJF) announced that it has entered into an agreement to pay $2,769,000 for oil-producing assets from private vendors based in Western Saskatchewan. The acquisition will provide Aroway with an additional 265 barrels of oil per day; it will also wholly own all the surface facilities on 200 acres of land.