Elk Petroleum Ltd (ASX:ELK) (OTCMKTS:EKPTF) is pleased to advise that its acquisition of a ~14% working interest in the Madden Gas Field, the Madden Deep Unit Gas Field and the Lost Cabin Gas Plant in Wyoming, USA from subsidiaries of Freeport-McMoRan Inc. (NYSE:FCX) has closed.
Freeport-McMoRan Inc. (NYSE:FCX) is a natural resources company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, molybdenum, cobalt, oil and natural gas. FCX is the world's largest publicly traded copper producer, the world's largest producer of molybdenum, and a significant gold, oil and natural gas producer.
Elk Petroleum Limited (ASX:ELK) (OTCMKTS:EKPTF) is pleased to advise that it has executed a closing agreement with subsidiaries of Freeport-McMoRan Inc. in relation to the acquisition of FCX's ~14% interest in the Madden Gas Field, the Madden Deep Unit Gas Field and the Lost Cabin Gas Plant in Wyoming, USA, previously announced by Elk on 4 January 2017.
Aconex Limited (ASX:ACX), provider of a leading cloud and mobile collaboration platform for the global construction industry, today announced the winners of its inaugural Connect Awards, recognizing construction industry innovators across vertical sectors in the Americas. The 2016 awards honor 13 organizations for achieving remarkable results by connecting teams and streamlining processes.