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Vangold Resources - Armenia

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  • Vangold Resources - Armenia

    Oil & Gas Journal
    June 1 2007


    Armenia

    By OGJ editors

    HOUSTON, May 30 -- Blackstairs Energy PLC, private Dublin concern,
    and Vangold Resources Ltd., Vancouver, BC, plan to explore blocks 4,
    5, and 6 totaling more than 3.4 million acres in central and southern
    Armenia.

    The blocks have a 5-year exploration term and $2.4 million financial
    commitment.

    The companies plan to learn more about the petroleum system,
    highgrade areas, and identify prospects to consider for further
    delineation or drilling (see map, OGJ, Aug. 12, 2002, p. 36).

    http://www.ogj.com/display_article/293951/12 0/ARTCL/none/ExplD/Armenia/
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