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Required fields
Falcon Minerals Corporation (“Falcon,” or the “Company,” “we,” “our,”) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announced financial and operating results for the fourth quarter and full year ending December 31, 2020.
Fourth Quarter 2020 Highlights
Net production of 4,196 barrels of oil equivalent per day (“boe/d”) for the fourth quarter 2020
236 gross Eagle Ford line-of-sight wells (3.06 net) permitted and in active development as of February 1, 2021
Line-of-sight is inclusive of multiple high net revenue interest (“NRI”) units
Averaged 2 rigs running on Falcon’s Eagle Ford position during the fourth quarter 2020
34 gross, 0.27 net wells were turned in line (“TIL”) during the fourth quarter 2020
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TORONTO, ON / ACCESSWIRE / March 4, 2021 / Magna Terra Minerals Inc. (the Company or Magna Terra ) (TSXV:MTT) is pleased to announce that it has started a Phase one, 2,000 metre drill program (the Drill Program ) designed to test the highly prospective Emilio Trend at the Cape Spencer Project ( Cape Spencer or Project ), located in southern New Brunswick (
Exhibit A).
The Drill Program will test priority targets on the western half of the 5-kilometre Emilio Trend based on recent and historic exploration results that demonstrate a strong mineralization system, in multiple gold occurrences. The drill program will target surface gold occurrences, including recent sampling with assays up to 21.2 grams per tonne ( g/t ) gold, that are hosted along faulted geological contacts and associated structures as announced in news releases on December 17, 2020 and February 23, 2021 (
| UPDATED: 12:53, Thu, Mar 4, 2021
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