(Energy Analytics Institute, 8.Dec.2021) — Energy briefs including Argentina aspiring to produce 1 MMb/d in five yrs; Trinidad and Tobago looking to reveal details of a new Ryder Scott gas reserve report; rumors circulating about the health of Venezuela’s oil minister Tareck El Aissami; and more.
LATIN AMERICA AND THE CARIBBEAN
Argentina
— “Argentina as a whole could reach an oil plateau of around 1 MMb/d in the next five years w/ 70% coming from Vaca Muerta, being able to export about half of that,” YPF’s CEO Sergio Affronti said 8 Dec. 2021 during the 23rd World Petroleum Congress (WPC) in Houston.
Trinidad and Tobago
— Heard on the Street: The twin-island Caribbean country is next week expected to report results of a new Ryder Scott reserve report, which would detail the state of play of its proved gas reserves plus any additional potential.
Venezuela
— Heard on the Street: Rumors continue to circulate around the health of Venezuela’s oil minister Tareck El Aissami and a potential replacement at the ministry should he not be able to continue performing his duties, various sources tell Energy Analytics Institute (EAI). VP Delcy Rodriguez has been mentioned as a potential replacement while the name of PDVSA head Asdrubal Chavez has also been floated.
NORTH AMERICA
US
— SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) announced results from 288 drillholes (275 reverse circulation and 13 core drillholes) completed at the Marigold mine in Nevada. The co.’s strategy to advance brownfields targets proximal to existing infrastructure has yielded exceptional results in Nevada, as evidenced by the extensive track record of mineral inventory growth throughout Marigold’s 32 yrs of consecutive production. The Marigold mine currently has a mine life of 10+ yrs, and these results support the extension and enhancement of future life of mine plans.
— LP Building Solutions (LP) released its 2021 Sustainability Report. Serving as LP’s inaugural environmental, social, and governance (ESG) rpt, the document outlines LP’s five sustainability pillars—governance, people, environment, products, and community, LP said 7 Dec. 2021 in an official stmt.
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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
