Globus Maritime Ltd Announces Reverse Split Effective July 29, 2010

July 29th, 2010  |  by  |  published in Global News | Leave A Comment »

ATHENS, GREECE –07/29/10 — Globus Maritime Ltd (“Globus” or the “Company”) (AIM: GLBS) (LSE: GLBS) announces today that the previously announced 1-for-4 reverse stock split will take effect at the opening of trading in London on Thursday, July 29, 2010, with the Company’s issued share capital being 7,240,852 shares of US$0.004 each. The 1-for-4 reverse [...]

Cairn India revises oil field reserve to 6.5 bn barrels in Barmer, Rajasthan

March 23rd, 2010  |  by  |  published in Oil and Gas | Leave A Comment »

Energy major Cairn India, which operates the biggest on-land oilfield in Rajasthan’s Barmer district, said the oil potential from this field had been revised upwards to 6.5 billion barrels of oil equivalent — from an earlier estimate of 4 billion barrels.

Reserve and resource estimate at its CSH 217 gold mine in Inner Mongolia, China

March 4th, 2010  |  by  |  published in Global News | Leave A Comment »

Jinshan Gold Mines Inc. is pleased to announce results of a new National Instrument 43-101 compliant reserve and resource estimate at its CSH 217 gold mine in Inner Mongolia, China.

Gamma Ray Geophysical Logging in Coal Reserve Evaluation

June 21st, 2008  |  by  |  published in Coal Industry News, Featured | 8 Comments »

Simple representation of Gamma Logs

Gamma ray logging is one of the most commonly used geophysical logging techniques used in coal industry. Gamma ray logging is a method of using natural gamma radiation to characterize the rock or sediment in a borehole.

Coal – left for a reason!

June 20th, 2008  |  by  |  published in Coal Industry News | Leave A Comment »

Coal – left for a reason! I have been working on a reserve study for last few weeks. The coal seam is of great quality, clean, and with about black and white separation. However the geology is extremely difficult and the seam is barely over 2 feet! The seam also splits with vanishings lower bench [...]

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