GTE, DM, CNW Stock-PR Stock Report August 18, 2009
stock-pr (August 18th, 2009) Writes:
Gran Tierra Energy Inc. (AMEX: GTE; TSX: GTE), a company focused on oil exploration and production in South America, August 18, 2009 announced that it has resumed regular production operations in the Putumayo Basin of Southern Colombia. Crude oil transportation operations on the Ecopetrol-operated Trans Andean Pipeline resumed on August 10, 2009. Gran Tierra Energy subsequently restored production in Colombia over several days and is currently averaging approximately 21,770 barrels of oil per day (BOPD) gross, or 18,000 BOPD net after royalty.
Duluth Metals Limited (”Duluth Metals”) (TSX: DM) (TSX:DM.U) is announced August 18, 2009 the assay results from MEX-155-W1 which intersected mineralization 900 meters southwest of the currently defined Nokomis Deposit outline. MEX-155-W1 was drilled in an area of four historic drill holes referred to as Nickel Ridge, where the historic hole DU-13 returned 10 feet of 1.03% copper and 1.57% nickel within a 60 foot zone of markedly higher
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