Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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"Our focus on cost containment has extended to the deferment of several well workovers, and other non-critical interventions, as I see little point in chasing short term production volume into a profoundly weak crude oil market. In addition, these activities could only have been achieved, if at all, by spending significant additional dollars to deliver the necessary equipment, spares and manpower, in a world constrained by COVID-19 related restrictions. As a result, we are revising 2020 production guidance downwards to 11,000-12,500 bbls/d,
Hello. New here. Checked the website but couldn't really find the current production per day of oil/gas. Would appreciate the numbers please, if some one could provide... Thanks very much...M
https://www.methanex.com/?fbclid=IwAR31cXn-zJQCnCRddpdS0Mzz3JdHxXxvHYUKkIhKmMdYHvEIWHLRcCFspZo Old but Relevant...
METHANEX UPDATE ON TRINIDAD NATURAL GAS SUPPLY DISCUSSIONS
VANCOUVER, British Columbia, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into an interim agreement with the National Gas Company of Trinidad and Tobago Limited (“NGC”) for the supply of natural gas to its Titan methanol facility (“Titan”) for the period from January 1, 2020 to January 31, 2020. The existing natural gas supply agreement for Titan expires on December 31, 2019 and the interim agreement will enable Methanex to continue operations at Titan while continuing negotiations with NGC for a longer-term natural gas supply agreement.
Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Market in the United States under the trading symbol "MEOH”. Methanex can be visited online at www.methanex.com.
FORWARD-LOOKING INFORMATION WARNING
This news release contains forward-looking statements with respect to us and our industry. These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. Statements that include the word "will" or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements.
More particularly and without limitation, any statements regarding anticipated operating rates of Methanex’s Titan plant are forward-looking statements.
We believe that we have a reasonable basis for making such forward-looking statements. The forward-looking statements in this document are based on our experience, our perception of trends, current conditions and expected future developments as well as other factors. Certain material factors or assumptions were applied in drawing the conclusions or making the forecasts or projections that are included in these forward-looking statements, including, without limitation, future expectations and assumptions concerning our ability to procure natural gas feedstock on commercially acceptable terms and the operating rate of Titan. However, forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. The risks and uncertainties primarily include those attendant with producing and marketing methanol and successfully carrying out major capital expenditure projects in various jurisdictions, including, without limitation:
our ability to obtain natural gas feedstock on commercially acceptable terms; and
other risks described in our 2018 Annual Managem
I am not sure but my margin account seems to be indicating that TXP is now MARGIANABLE at Half Price as a Toronto Listing=== anyone Know???..... https://www.facebook.com/photo.php?fbid=435470510967703&set=p.435470510967703&type=3
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