AI assistant
SUREFIRE RESOURCES NL — M&A Activity 2015
Jul 7, 2015
65857_rns_2015-07-07_d19975c6-1654-4580-b274-5dfb317d2371.pdf
M&A Activity
Open in viewerOpens in your device viewer
==> picture [595 x 122] intentionally omitted <==
8 July 2015
BLACK RIDGE SIGNS LETTER OF INTENT FOR STRATEGIC ALLIANCE
Black Ridge Mining NL (ASX:BRD) (the Company) is pleased to announce that it has, through its wholly owned subsidiary Oil & Gas SE Pty Ltd, has signed a Letter of Intent (LOI) to establish a strategic alliance with Asto Geophysical Consulting Pty Ltd for the utilization of the Companies oil and gas exploration equipment, using the Seismoelectric PL14 technology.
This cutting edge new generation technology, PetroLocate PL14, is designed specifically for detecting resistive liquids (oil, gas and water) to a depth of up to 3,000 meters.
Asto Geophysical Consulting Pty Ltd is a geophysical consulting company which provides state of the art geophysical services to the Oil and Gas industry. It is actively engaged internationally, with an accent on South East Asia. These services include survey design, acquisition, processing, interpretation and integration of acoustic and borehole seismic data.
Their professional staff have a wealth of experience, many having spent their formative years with major international geophysics companies.
Black Ridge director Vladimir Nikolaenko said, “ The alliance with Asto Geophysical Consulting Pty Ltd, is the commencement of a strategic plan by the Company, to utilize the PL14 technology in Australia, Indonesia, Malaysia, Thailand, Cambodia and Myanmar, countries for which the Company holds Exclusive Rights.
For further information:
Vladimir Nikolaenko
+61 8 9574 6255
ABN 48 083 274 024
t: +61 8 9574 6255