Articles Tagged "drill"

Western Potash Strikes Hydrocarbons

Western Potash (TSX-V: WPX) announced today that drill hole data from their potash exploration program has returned data suggesting the presence of hydrocarbons.  An evaluation by a petroleum geologist suggests two formations are targets for significant natural gas. Patricio Varas, the CEO of WPX is quoted saying: The possibility of having sizable natural gas pools [...]

Western Potash Hits Again, Expands Program

Western Potash (CVE:WPX) reported today that their fourth well has intersected 25 meters of potash, indicating continued mineralization from previous results.  In addition, temperature readings in the wells also continue to indicate solution mining would be economic for the project. The release states: The Company re-iterates that it considers formation temperature a key parameter in [...]

Western Potash Hits Again, Expands Program

Steady potash stockpiles fuel production cuts

According to the latest data form the Fertilizer Institute, potash inventories at North American producers are 42 per cent higher than the previous five-year average. North American potash shipments in the month of February were down 80 per cent from the same month period a year earlier. This data has prompted Potash Corp of Saskatchewan [...]

Western Potash Corp. Reports Results From the Sixth and Seventh Exploration Wells on the Russell-Miniota Property

Western Potash Corp. is pleased to announce that it has received results from its sixth and seventh potash exploration wells drilled in the southern portion of permit QP-168 and in permit QP-172 located to the south and contiguous with QP-168, the “Miniota area”, in south-western Manitoba, as part of the expanded Phase I drill program [...]