News Focus
News Focus
icon url

MCKINLEY MORGANFIELD

04/05/10 8:52 PM

#654 RE: stevo51 #648

looks like DNRR has teamed with some big time players 51,

Southern Energy and associates over the past few months has developed relationships with a team of consultants and professionals in Chile. Denarii will benefit from these efforts along with the money that Southern Energy has invested to date with significant savings in the projects development costs.

As a result of this new agreement, Denarii will have more time and money to focus on the company's pursuit to acquire in production on near production gold mining projects.




LONDON, April 1 (Reuters) - Scottish & Southern Energy (SSE.L) has entered the upstream gas sector by agreeing to buy the North Sea natural gas and infrastructure assets of U.S. energy firm Hess Ltd (HES.N) for $423 million.

Scottish & Southern on Thursday said the gas from the acquired assets would provide around 8 percent of the amount it requires daily to supply its customers and fuel power stations but that more gas could be found through further exploration.