Uranerz is nearing completion of the commissioning phase of mine operations at Nichols Ranch and thus far flow rates from the production wells have outperformed initial estimates. Since the Company made its first uranium-loaded resin delivery to Cameco Resources' Smith Ranch uranium processing facilities in mid-June, the head grade, or concentration of uranium in the recovery solution, is continuing to increase on the expected profile. Further deliveries of uranium-loaded resin are now being sent to Cameco for toll processing on a routine basis. Accordingly, the Company expects to reach commercial production in the third quarter of 2014 and start making deliveries to its nuclear utilities customers.
"We are very pleased that operations are meeting or beating our expectations and no significant startup issues have been observed" stated Paul Goranson, Uranerz' President and COO. "We have a great operations team that has been responsible for the successes achieved to date.
I read urz news on my schwab account and copy pasted
thought I was keeping board informed with all reported urz news
apology for what?
H. Baird Whitehead, President and Chief Executive Officer stated, "This acquisition is an optimal fit with our current acreage position in Lavaca County, and we believe is primarily prospective in the Upper Eagle Ford Shale, but could also have potential in the Lower Eagle Ford Shale and Austin Chalk. With the recently announced results of the Welhausen #A-2H, which was completed in the Upper Eagle Ford Shale, and its performance of approximately 730 barrels of oil per day and 1,390 barrels of oil equivalent per day after almost two months of production, we are increasingly confident about the Upper Eagle Ford potential across a large portion of our acreage position, including this acquired acreage. We will also hit our minimum corporate target of 100,000 net acres in the Eagle Ford Shale, and will continue to expand our position primarily through an ongoing leasing effort."
stewart I researched on internet and could not find a good answer why discovering a marl is good for production.
I decided to call investor relations
They were very informative and professional
simply put the marl discovery is a second zone of oil/gas, this marl is probably a larger zone than the shale they are currently drilling. the next few months will determine the size of zone
this is good for me to stay invested this year or longer
CVR Partners Names Bill White As Executive Vice President of Marketing and Operations
9:00 AM ET, 06/23/2014 - PR Newswire
SUGAR LAND, Texas, June 23, 2014 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced that Bill White will become executive vice president of marketing and operations for the partnership's general partner, CVR GP, LLC, effective immediately.
Based in Kansas City, Kan., White will lead the partnership's national marketing, operations and transportation strategies. He reports to Mark Pytosh, president and chief executive officer of CVR GP.
White has more than 37 years of experience in the chemical industry. He first joined Coffeyville Resources Nitrogen Fertilizers, LLC, a wholly owned subsidiary of CVR Partners, in 2005 as the director of business development and logistics. He later served as CVR Partners' vice president of marketing. In 2012, White was promoted to his most recent position of vice president of marketing, development and logistics.
"Bill's leadership at CVR Partners has played a critical role in the company's success during the past several years," said Pytosh. "Given his diverse background in operations, marketing and distribution, he will continue to focus on delivering strong operating performance at our Coffeyville plant and excellence in the marketing and distribution of nitrogen fertilizer and diesel exhaust fluid."
White spent the majority of his career serving in various management positions related to predecessor companies of CVR Partners, such as manager of Farmland's product distribution system and plant manager at Farmland's Pollock, La., and Enid, Okla., fertilizer plants. Prior to joining Coffeyville Resources Nitrogen Fertilizers, he served as the general manager for EPCO Carbon Dioxide Products, Inc.
White holds a bachelor's degree in business from the University of Louisiana at Monroe. He currently serves on the board of directors for The Fertilizer Institute.
Corn rose 0.5 percent to $4.415 a bushel, rebounding from the lowest level in more than four months as investors weigh the development of the U.S. crop. Prices fell to $4.3625 yesterday, the lowest for a most-active contract since Feb. 4.
Output in the U.S., the biggest grower and shipper, is set to total 13.935 billion bushels from 13.925 billion a year earlier, the Department of Agriculture said on June 11. Midwest corn still needs to pollinate, the most critical stage of crop development and decisive for kernel count.
“The corn crop is not yet made and will be going through the pollination period in two to three weeks,” Michael Pitts, commodity sales director at National Australia Bank Ltd., said by phone from Sydney. “You wouldn’t expect corn to be dramatically sold off prior to that uncertainty being resolved. It’s probably providing a bit of support.”