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February 15, 2008
WINFIELD RECEIVES CONDITIONAL LICENSE TO CONSTRUCT AND OPERATE AN OIL REFINERY IN MAURITANIA
WINFIELD RESOURCES LIMITED (WWF.H:TSXV) announces it has received a license to refine oil from the Islamic Republic of Mauritania – Ministry of Water, Energy, Information Technology and Communications. This license is a result of Winfield’s application for its own account to build, own and operate a new 300,000 bbl/day oil refinery at the Port of Nouakchott, Mauritania; and the Company’s meeting with Mauritanian authorities February 2 - 7, 2008, as previously announced January 25, 2008.
The license is subject to a number of conditions, including: (i) giving priority to acquiring feedstock from sources within Mauritania; (ii) abiding by all applicable environmental laws; (iii) giving priority to selling refined petroleum products to consumers in Mauritania; and (iv) paying royalties in favour of the National Oil Commission.
The Company would like to thank KBC Process Technology Ltd. (www.kbcat.com) of Surrey, UK, for its assistance in procuring this license. KBC is a leading independent consulting and technology group delivering competitive advantage through improvements in business performance and asset value to owners and operators in the oil refining, petrochemical, and other processing industries worldwide.
Based on this license, the Company intends to move forward with its proposal to construct, engineer and operate a new stand alone oil refinery at Nouakchott. Specifically, KBC Process Technology Ltd. will prepare a fully detailed feasibility study to include the design of the facility, (including process flow diagrams); while simultaneously we will commence the process of securing all relevant studies and licences for the proposed site in Nouakchott. Our next major milestone will be to select a contractor to prepare a study as to the nature and source of crude oil feedstock.
The Company wishes to confirm that the grant of the license from the Mauritanian authorities is conditional, and subject to a number of logistical matters including sourcing crude oil feedstock, financing and site location. There is no assurance the Company will be able to construct and operate a refinery at the Port of Nouakchott on terms acceptable to the Company, or at all. There is also no assurance the Company will be able to source crude oil feedstock or financing for such refinery project.
January 10, 2008
RAS LANUF EPMC REFINERY PROPOSAL
WINFIELD RESOURCES LIMITED announces it has made a proposal for its own account; to build, own and operate a new 300,000 bbl/day oil refinery at the Port of Ras Lanuf, in the Great Jamahiriya of Libya. By letter dated September 20, 2007 the Company was invited to put forward a detailed proposal to the Libyan National Oil Company (NOC) for the installation of a new stand alone oil refinery at Ras Lanuf....more.
December 20, 2007
Clarification of Prior Disclosure
The Company announces that trading in the Company’s shares remains suspended pending the TSX Venture Exchange’s (“Exchange”) review of certain of the Company’s past disclosure, as announced on September 11, 2007. This news release is being disseminated to clarify or retract certain statements made by the Company in earlier news releases; and is being disseminated as a result of the Exchange’s review and includes content prescribed by the Exchange...more.July 27 2007 - {mosimage}
WINFIELD ANNOUNCES LETTER OF INTEREST
Winfield Resources Limited (WWF - TSXV)(the “Company”) is pleased to announce that it has received a non-binding Letter of Interest from SK Engineering & Construction, of Seoul, South Korea, to participate in the Company’s proposed new refinery projects in Libya and Tunisia; as previously announced in News Releases dated July 4 & 17, 2007 on an exclusive engineering, procuring and construction basis. ..more.June 27, 2007 {mosimage}
Houston Lake Extends Angel Hill Gold Zone at Surface and Completes Drill Program Sudbury, Ontario - Houston Lake Mining Inc. (TSX.V: HLM, the "Company") is pleased to report that mechanized stripping and washing carried out on one of the four or more gold systems on the Company’s 100% owned and optioned 1673.6 hectare (4134.5 acre) West Cedartree Gold Project located near Sioux Narrows, Ontario, has now extended the Angel Hill Gold Zone (AHGZ) at surface for a total strike length of more than 200m (656ft.). IP surveys in 2006 and recently in 2007, have depicted an extremely prominent chargeability anomaly that can be traced from the AHGZ bulk sample site southward across the McLennan and West Cedartree properties and northward across the Dogpaw and Dogpaw West properties for an overall strike length that spans at least 2.8km (1.7 miles)...more.June 19, 2007 {mosimage}
West Hawk Development Corporation Update
Vancouver, B.C.: West Hawk Development Corp. (the "Company") (TSX.v - WHD, Frankfurt - H5N) is pleased to provide the following shareholder update.
West Hawk Development Corporation - The management of WHD has been transitioning from Vancouver to Denver over the last few months. The management team is based in Denver, Colorado. It is projected that the Company will complete this move in the next 60 days. Mr. Michael Sandidge has resigned from the Board of Directors. We wish to thank Michael Sandidge for his effort as the independent director. The Company expects to announce a new independent director in the immediate future with a strong corporate governance background. Mr. Michael Townsend resigned as Chairman and Director, and from all management positions in the company during November 2006. Mr. Gary Wilson, formerly with BC Hydro's executive team, is managing our day to day Canadian operations.
Financing - Approximately 2 million share purchase warrants have been recently exercised for total proceeds of approximately $300,000. The warrants expire on July 8, 2007.
The company implemented a "Stock Trading Policy" in November, 2006..more.
June 14, 2007 {mosimage}
Trivello receives Alexander Operations Update
Calgary, Alta. Trivello Energy Corp. (“Company or Trivello”) provides the following update.
Alexander Prospect: Further to the news on May 29, 2007, Trivello has been advised from the new operator at Alexander, that the work over of the battery equipment at L.S.D. 3-7-57-1 W5M has been completed. Gas vapors that were meant to flare in the past were vented off via a faulty equipment set-up. The new configuration allows the gas vapor to run the burners inside the tanks to aid in the separation process of oil and water. Thus, the 6-7-57-1 W5M Wabamum oil well was reactivated and is currently pumping to tanks. Prior to shutting this well in, the oil well was producing approx. 25-35 barrels of oil per day with Trivello owning a 60% revenue interest before payout. Trivello believes this project is capable of production from several wells once continuous production can be achieved out of the 6-7 well above...more.
Sat, 10 Mar 2007 22:46:49 +0000
