Almost exactly 2 years ago, CEO.CA correspondent Jamie Keech interviewed Liberal natural resources critic Geoff Regan about the party’s ideas on natural resources development, the environment, First Nations and more. The Liberal party won a majority of seats in Monday’s federal election and while Prime Minister-elect Justin Trudeau will not name a cabinet until Nov.… Continue Reading

In a capital intensive business such as mineral exploration and development, the ability for a company president or CEO to find new money is of paramount importance. One such junior mining CEO, John-Mark Staude of Riverside Resources (RRI.TSXV), is an experienced, hard working geologist and deal-marker we trust. Luckily for Riverside they do not need… Continue Reading

LISBON — Tungsten and the properties of mineralized calcium tungstate might reflect the promise of a growing deposit in Portugal. Calcium tungstate, or CaWO4, also goes by the name scheelite. It is luminous and used in paints, fluorescent lamps and as root filling for teeth. I am just learning about scheelite’s properties. The mineral’s fluoresence might move… Continue Reading

My trusted friend Jonathan Roth helped Petromanas Energy make a must watch mini-documentary about oil in Albania, and the company’s exploration activities there in partnership with Royal Dutch Shell, which has just been released today to coincide with the company’s Annual General Meeting. Watch the video: Albania: The World’s Next Big Oil Play? Petromanas Energy… Continue Reading

Petromanas Energy (PMI:TSXV) is a junior oil company exploring for light oil on shore in Albania in a partnership with energy super major Royal Dutch Shell. Earlier today the company’s shares closed at a multi-year high of $0.30, on the back of a slew of bullish analyst and newsletter coverage in recent weeks. After market today… Continue Reading

Petromanas Energy is drilling one of the most highly anticipated oil wells in the world today, the Molisht-1 well in Albania, which has the potential to transform the Calgary-based junior oil company, if good results hit the market in Q3 of 2014. Backed by noted resource financier and philanthropist, Frank Giustra, and partnered with energy… Continue Reading

By Frank Holmes CEO and Chief Investment Officer U.S. Global Investors Texas is oil country. The state I now call home leads the nation in oil production and would be one of the top oil-producing nations if it were its own country. But that doesn’t stop us from exploring other promising oil opportunities further afield.… Continue Reading

The Euro Area continues to face challenging disinflationary headwinds which have vexed ECB policymakers for the past couple of years: Click to enlarge After this morning’s ECB statement and Mario Draghi press conference it is becoming increasingly likely that the ECB is on the cusp of launching some form of large scale asset purchase program… Continue Reading

Elephant hunting for huge international oil plays usually means going into (very) politically risky areas. That’s what makes junior Petromanas (PMI-TSXv) stand out from the crowd. They’re chasing a potential 500-800 million barrel target in Europe—Albania to be exact. Lots of energy investors are familiar with Bankers Petroleum and their heavy oil play there—it’s the… Continue Reading

LUP data by YCharts Lundin Petroleum (LUP:TSX) the 40% operator of the massive Johan Sverdrup oil field and their partners (40% Statoil, 20% Maersk Oil) have announced development plans.  Johan Sverdrup has between 1.8 to 2.9 billion barrels of gross recoverable contingent resources making it one of Norway’s largest oil discoveries.  At full field production, the group… Continue Reading

“Blast you Excel!!” While Kenneth Rogoff took his lumps last year due to an enormously inexcusable excel error, this former Chief Economist for the IMF and co-author of This Time Its Different: Eight Centuries of Financial Folly is still a voice to be reckoned with.  As part of Project Syndicate’s cleverly-titled-no-pun-intended “Submerging Markets” series, Rogoff… Continue Reading

Lundin Petroleum (LUP:TSX) released their fiscal 2013 numbers (although production was pre-released on January 21st) which saw them produce an average of 32,700 boe/d in the year and make $975.6 million operating cash flow on $1.2 billion of revenue.  However, EBITDA fell from $1.14 billion in 2012 to $960.9-million this year.  Q4 EBITDA fell below… Continue Reading

Which way is the beach? If you’re having flashbacks of Elton John singing “Candle in the Wind” or Leo helping Kate fly, don’t be alarmed. It’s not actually 1997. It sure does feel like it though. Concern over China’s inevitable potential crash and Fed tapering have sent emerging markets spinning. In response, Turkey (+5.5%), South… Continue Reading

Bankers Petroleum (BNK:TSX), the Calgary-based heavy oil producer, is Albania’s largest foreign direct investor.  The video focuses on Albania’s oil history as well as Bankers’ massive Patos-Marinza oilfield.  That oilfield is the largest ever discovered in continental Europe.  The company drilled 146 wells into the Patos-Marinza field in 2013 and expects to drill over 175 in… Continue Reading

We appear to be approaching a unique global currency mess. Yesterday evening’s Turkish rate hike reeked of desperation and triggered a powerful pop in thin futures markets: The rally was short lived as we have seen nothing but a deluge of selling in equity futures this morning. Meanwhile, there is a flight to ‘quality’ in… Continue Reading