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Shell set to inject new Gas into east Coast Market in Australia

The Queensland Resources Council welcomes the announcement of ‘Project Ruby,’ the Shell Australia/QGC joint venture, that will employ hundreds of people, and inject new gas supply into the east coast gas market.

QRC Chief Executive Ian Macfarlane said the announcement was yet another sign that Queensland was getting on with business.

"The ‘Project Ruby’ development in the Surat Basin underpins 350 new and existing jobs, which is good news for the local community, and good news for Queensland’s gas supply,” Mr Macfarlane said. “The QRC is pleased that Queensland is leading the way when it comes to working to address the problem of the east coast gas shortage.”

Up to 161 new wells will be drilled in 2017 and 2018 in QGC’s existing tenements in south-west Queensland.

“This significant milestone for the QGC project is also a vote of confidence in Queensland’s onshore gas industry,” Mr Macfarlane said. “Importantly, this is an investment into regional Queensland, where state and local governments and farmers support the gas industry, resulting in massive economic benefits for local and state governments as well as farmers and rural and regional communities.”

QRC’s current data shows that in 2015-16, our state’s gas industry contributed $12.8 billion in economic contribution and supports 65,000 jobs and the advancement of this project will only mean more revenue and jobs for Queenslanders.

Shell’s QGC business is a net contributor to the domestic gas market and will sell more than 75 petajoules (PJs), net of domestic gas purchases, to customers in Australia this year. This represents more than 10% of east coast gas demand and 40% of Queensland’s demand.

Source: QRC

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Bauer Renewables Ltd. involved in Foundation of Offshore Wind Farm off Scotland

 

In the long term, wind energy is the most important and economic renewable energy source in the field of electricity. Many offshore wind farms that are planned or currently under construction are located in the North and Baltic Seas, such as the Beatrice Offshore Windfarm Ltd (BOWL) project off the northeastern coast of Scotland. From 2019, 84 turbines will generate 588 megawatts of electricity over an area of around 130 square kilometers – enough electricity to supply 450,000 homes. Bauer Renewables Ltd., a subsidiary of Bauer Spezialtiefbau GmbH, will be involved in the foundation work with an underwater drilling rig specially designed for use on the high seas in order to relief drill the foundation piles.

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Bauer Spezialtiefbau GmbH improves Ground for a new German Highway Section

Germany has one of the longest highway networks in the world, coming in after China, the USA and Spain. According to the German Federal Statistical Office, it comprises almost 13,000 kilometers, and continues to be extended. The expansion and new construction of the German highway network is particularly important in view of eliminating traffic bottlenecks and opening up, or rather connecting, structurally weak regions – eventually, economic growth also means traffic and mobility growth. Several new road sections are currently under construction, including section 5.1 of the federal highway A 72 in the district of Leipzig, where Bauer Spezialtiefbau GmbH is also involved in a joint venture.

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Alacer Gold announces further Exploration Results for the Çöpler District in Turkey

Alacer Gold Corp. ("Alacer" or the "Company") [TSX: ASR and ASX: AQG] is pleased to announce drilling results through May 31, 2016 from the Company's 2016 Çöpler District exploration program in Turkey. Drilling results are from an additional 17,361 meters of drilling at the Çakmaktepe North prospect (formerly known as Yakuplu North) approximately 5 km east of the Çöpler Mine. These results are in addition to drill results released on December 9, 2015 and March 31, 2016.

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Herrenknecht: Speedy Pipeline Connection in Australia

In just three months Australian drilling contractor Dunstans Construction Group installed a 700-meter-long pipeline in Anglesea (Victoria). A 250 tonne HDD Rig from Herrenknecht played a key role in the achievement. Within a very short time the construction crew built a sea outfall with the machine, as well as pulling in the pipeline all the way back to the local water treatment plant.

With the help of an HDD Rig from Herrenknecht, in Anglesea in Victoria (Australia), a 700-meter-long pipeline was installed under the sea using the sea outfall method. The existing pipeline had previously been destroyed by the collapse of a cliff.

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Silver Standard signs Option Agreement to explore Perdito Project in California

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announced it has signed an option agreement (the "Agreement") to acquire a 100% interest in the Perdito project, located in Inyo County, California.

Highlights:

  • Geology permissive for high grade, Carlin-type sediment hosted gold deposits, gold grades of up to 10.9 g/t confirmed by duplicate surface sampling
  • Multiple, ready-to-drill targets based on previous exploration, mapping and drilling
  • Airborne geophysical surveys completed by Silver Standard in December 2015 to aid in drill targeting
  • Budgeted $1.5 million for drilling and field work this year with permits anticipated later in 2016
  • Large land package of 5,780 hectares near major infrastructure
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Alacer Gold announces further Exploration results for the Çöpler District in Turkey

Alacer Gold Corp. (“Alacer” or the “Company”) [TSX: ASR and ASX: AQG] announces further drilling results from the Company’s fourth quarter 2015 Çöpler District exploration program in Turkey. Drilling results are from an additional 5,063 meters of drilling at the Yakuplu North prospect approximately 5 km east of the Çöpler Mine. This is in addition to the drill results released on December 9, 20151 for Yakuplu Southeast, Yakuplu East, Yakuplu North and Bayramdere.

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