Vulcan Minerals Inc. VUL-TSX V

RGOIL · Wed, 07-04-2007, 09:05 AM

This is an oil exploration company focused on Western Newfoundland, a frontier area, which is very prospective for a commercial oil discovery. Below are the main exploration properties that you should know about.

1. Oil exploration off shore Western Newfoundland. NWest Energy a private company holds approximately 1.5 million acres in four offshore licenses adjacent to an oil discovery in Parsons Pond and south of an exhumed reservoir in the Port Au Choix area. (Great Northern Peninsula of Newfoundland) The potential for discovery within these licenses as noted by Sproule and Associates is 3.8 billion barrels of oil in place! Vulcan Minerals Inc. holds 30% of NWest. (See news release of May 7th, 2007.) The next step here is to take NWest public, raise capital, do some more 3 D seismic work and then bring in partners to drill these targets. There are at least 11 high priority targets.

2. As well, there is the oil exploration program in the Bay St. George basin onshore in Western Newfoundland. There are deep targets to be drilled. Plans are developing to test this target area in early 2008. (See news release June 5th, 2007) Vulcan Minerals owns 100%. Size of some targets are in excess of 20 square kilometers. Seismic work is being permitted now and should be done this summer.

3. The Medicine Hat gas property, which is being explored right now has multiple wells being tested for gas deliverability! Vulcan's interest is approximately 75%. It is hoped that cash flow will be generated by the end of the summer or early fall 2007.

There are two mineral properties in which Vulcan has a carried interest:

4. The TL Nickel property, 50 km northwest of Voisey's Bay which is optioned to Nortec Ventures Corp (NVT). It is expected that NVT will explore the property this summer to complete the earn-in of 51% as per the option agreement. Very good nickel grades and widths in previous holes. (See Vulcan Minerals for details) These grades are 2nd highest to the grades of the large nickel mine discovered at Voicey's Bay.

5. The Bay St. George Uranium property, Western Newfoundland optioned to Commander Resources Ltd. They have agreed to spend $3.5 Million in exploration of these claims over five years to earn in 80% of some minerals rights. Work is expected to begin this summer with a possible expansion into a drill program later this Fall depending on field results.

There is much more to add but you may want to check out the website for further details. Vulcan Minerals

RGOIL · Thu, 07-12-2007, 10:14 AM

Oil exploration in a frontier area is only for the brave! It's a high-risk activity so one has to do something to help mitigate the risk. One method is to share the cost of exploration by allowing partners to earn in to the project. They spend say 20% of the cost of drilling to earn say 15% of the project. Another way to mitigate risk is to gather as much science and information as possible before spending the "big" money. Most exploration companies do that.

Vulcan Minerals Inc. VUL.TSX V is no different. Management have taken their offshore licenses and combined them with the people who held the adjacent interests and formed a new company called NWest Energy Corp. (A private company of which Vulcan Minerals holds 30%) Then they took all the available data on the total offshore package and gave it to Sproule and Associates from Calgary to do a 51-101 compliant study on the license area. By doing so the company would be able to use the report to attract larger investors to subsequently mitigate the exploration risk.

When Sproule took the data, including 5000 km of seismic data and looked at the geological data as well, such as the exhumed reservoir at Port Aux Choix, north of the license, the oil leaking on the beach adjacent to the license and the fact that there is an oil discovery south of the license on the Port au Port peninsula, their senior P.Geoph. said that he would do the resource assessment himself. What he saw was very intriguing.

It took several months longer than anticipated. The net result is that Sproule determined that the area was prospect in a major way. There are multiple zones (11 high priority targets) that have potential oil traps. There are multiple statographic layers within the zones. (drilling one well can test several layers) When doing the math, they reported that there is potentially 3.8 Billion barrels of oil in place!

Now some people just don't get it yet. Pat Laracy the president of the company does get it. Quite a few big investors from Toronto got it. See the chart after the news release of May 7th, 2007. When NWest Energy pulls together the drill program to test these structures, there will be a lot of interest in how it goes. Newfoundland again could be the site of a world-class discovery not unlike that of Hibernia, which was discovered, in the early 80s.

What is the current share price of Vulcan Minerals??? It is 60 cents! How many shares outstanding are there??? Approximately 40 million. What is the market cap? About $20 Million. I am in! But you must do your own DD. It's not for everyone. It is risky but the rewards are very worthwhile.

RGOIL · Mon, 08-06-2007, 01:12 PM

NEWS RELEASE
August 3, 2007
Stock Symbol: TSX: VUL
Shares issued: 41,169,634
VULCAN MINERALS INC.- Exploration Update
St. John's - Newfoundland - Vulcan Minerals Inc. ("the Company" TSX-V: VUL) announces that its 2007 Seismic Program in Western Newfoundland is underway. Approximately 60 kilometres of off-road lines are being prepared for conventional 2 D data acquisition. Line cutting is nearing completion, to be followed by shot hole drilling and data acquisition. The program should be completed by October subject to any logistical challenges associated with operating in a frontier area. The purpose of the program is to delineate specific drill targets in the Hurricane Deeps play in the Bay St. George Basin. The Hurricane Deeps is a seismically mapped prospect, which will require drill testing to at least a 3000-metre depth. It is the Company’s intention subject to financing and rig availability to drill the prospect in early 2008.
Medicine Hat Update:
The Medicine Hat shallow gas prospect is held pursuant to a petroleum and natural gas lease continuation and extension which expires on August 9, 2007, subject to possible further extension. Since acquiring the project in 2006 the company has participated in the drilling of three new wells and the re-entry of one well, all of which were frac stimulated. Initial results were inconclusive for potential production from the wells, which necessitated further downhole flow rate tests. Two representative wells have been tested with one well testing dry gas at approximately 50,000 cubic feet per day while the other well tested fluid and minor amounts of gas throughout the test period which did not allow for any sustainable gas rate to be measured. Surface tests of the remaining four wells, including two shut-in suspended wells, show rapid pressure declines suggesting the frac stimulations were ineffective in enhancing gas flow into the well-bore. Geophysical logs and offsetting well data suggest that the lease is gas bearing but that a new stimulation program will be required to enhance any gas recovery. The company is re-evaluating the technical and economic merits of the program in the context of the natural gas market conditions. As an industry, the exploration and development of shallow gas in southern Alberta has suffered a significant downturn in the last year due to rising service costs, subdued gas prices and currency appreciation all of which have negatively affected development economics.
Vulcan is a diversified junior exploration company focussed on petroleum exploration in the under-explored onshore and offshore area of Western Newfoundland. The company also has carried interests in nickel and uranium exploration properties in Newfoundland and Labrador.
For information please contact Mr. Patrick Laracy, President of Vulcan Minerals Inc. at
Phone: (709) 754-3186, Fax: (709) 754-3946 or Email: info@vulcanminerals.ca, Website: Vulcan Minerals

RGOIL · Wed, 08-15-2007, 10:17 AM

In spite of the general market sell off, Vulcan Minerals shares are holding up quite well. Most shareholders do not wish to sell here as they are waiting to participate in the drill program slated for early 2008. The target choosen for drilling is in excess of 100 Sq Km in size. The target is being further refined by seismic data which is being collected this fall. Strong bids are establishing a good base for this company here.

fred333 · Tue, 01-29-2008, 11:14 AM

Sounds like they have some projects coming up that would help the stocks out.

Wed, 07-04-2007, 09:05 AM	#1 (permalink)
RGOIL Join Date: Jul 2007 Posts: 4	Vulcan Minerals Inc. VUL-TSX V This is an oil exploration company focused on Western Newfoundland, a frontier area, which is very prospective for a commercial oil discovery. Below are the main exploration properties that you should know about. 1. Oil exploration off shore Western Newfoundland. NWest Energy a private company holds approximately 1.5 million acres in four offshore licenses adjacent to an oil discovery in Parsons Pond and south of an exhumed reservoir in the Port Au Choix area. (Great Northern Peninsula of Newfoundland) The potential for discovery within these licenses as noted by Sproule and Associates is 3.8 billion barrels of oil in place! Vulcan Minerals Inc. holds 30% of NWest. (See news release of May 7th, 2007.) The next step here is to take NWest public, raise capital, do some more 3 D seismic work and then bring in partners to drill these targets. There are at least 11 high priority targets. 2. As well, there is the oil exploration program in the Bay St. George basin onshore in Western Newfoundland. There are deep targets to be drilled. Plans are developing to test this target area in early 2008. (See news release June 5th, 2007) Vulcan Minerals owns 100%. Size of some targets are in excess of 20 square kilometers. Seismic work is being permitted now and should be done this summer. 3. The Medicine Hat gas property, which is being explored right now has multiple wells being tested for gas deliverability! Vulcan's interest is approximately 75%. It is hoped that cash flow will be generated by the end of the summer or early fall 2007. There are two mineral properties in which Vulcan has a carried interest: 4. The TL Nickel property, 50 km northwest of Voisey's Bay which is optioned to Nortec Ventures Corp (NVT). It is expected that NVT will explore the property this summer to complete the earn-in of 51% as per the option agreement. Very good nickel grades and widths in previous holes. (See Vulcan Minerals for details) These grades are 2nd highest to the grades of the large nickel mine discovered at Voicey's Bay. 5. The Bay St. George Uranium property, Western Newfoundland optioned to Commander Resources Ltd. They have agreed to spend $3.5 Million in exploration of these claims over five years to earn in 80% of some minerals rights. Work is expected to begin this summer with a possible expansion into a drill program later this Fall depending on field results. There is much more to add but you may want to check out the website for further details. Vulcan Minerals

Thu, 07-12-2007, 10:14 AM	#2 (permalink)
RGOIL Join Date: Jul 2007 Posts: 4	Vulcan Minerals off shore interests Oil exploration in a frontier area is only for the brave! It's a high-risk activity so one has to do something to help mitigate the risk. One method is to share the cost of exploration by allowing partners to earn in to the project. They spend say 20% of the cost of drilling to earn say 15% of the project. Another way to mitigate risk is to gather as much science and information as possible before spending the "big" money. Most exploration companies do that. Vulcan Minerals Inc. VUL.TSX V is no different. Management have taken their offshore licenses and combined them with the people who held the adjacent interests and formed a new company called NWest Energy Corp. (A private company of which Vulcan Minerals holds 30%) Then they took all the available data on the total offshore package and gave it to Sproule and Associates from Calgary to do a 51-101 compliant study on the license area. By doing so the company would be able to use the report to attract larger investors to subsequently mitigate the exploration risk. When Sproule took the data, including 5000 km of seismic data and looked at the geological data as well, such as the exhumed reservoir at Port Aux Choix, north of the license, the oil leaking on the beach adjacent to the license and the fact that there is an oil discovery south of the license on the Port au Port peninsula, their senior P.Geoph. said that he would do the resource assessment himself. What he saw was very intriguing. It took several months longer than anticipated. The net result is that Sproule determined that the area was prospect in a major way. There are multiple zones (11 high priority targets) that have potential oil traps. There are multiple statographic layers within the zones. (drilling one well can test several layers) When doing the math, they reported that there is potentially 3.8 Billion barrels of oil in place! Now some people just don't get it yet. Pat Laracy the president of the company does get it. Quite a few big investors from Toronto got it. See the chart after the news release of May 7th, 2007. When NWest Energy pulls together the drill program to test these structures, there will be a lot of interest in how it goes. Newfoundland again could be the site of a world-class discovery not unlike that of Hibernia, which was discovered, in the early 80s. What is the current share price of Vulcan Minerals??? It is 60 cents! How many shares outstanding are there??? Approximately 40 million. What is the market cap? About $20 Million. I am in! But you must do your own DD. It's not for everyone. It is risky but the rewards are very worthwhile. Last edited by RGOIL : Thu, 07-12-2007 at 10:20 AM. Reason: Clarification

Tue, 01-29-2008, 11:14 AM	#5 (permalink)
fred333 Member Join Date: Jan 2008 Location: Littleton, CO Posts: 18	Sounds like they have some projects coming up that would help the stocks out. __________________ Always looking for fast business funds!

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Mon, 08-06-2007, 01:12 PM	#3 (permalink)
RGOIL Join Date: Jul 2007 Posts: 4	NEWS RELEASE August 3, 2007 Stock Symbol: TSX: VUL Shares issued: 41,169,634 VULCAN MINERALS INC.- Exploration Update St. John's - Newfoundland - Vulcan Minerals Inc. ("the Company" TSX-V: VUL) announces that its 2007 Seismic Program in Western Newfoundland is underway. Approximately 60 kilometres of off-road lines are being prepared for conventional 2 D data acquisition. Line cutting is nearing completion, to be followed by shot hole drilling and data acquisition. The program should be completed by October subject to any logistical challenges associated with operating in a frontier area. The purpose of the program is to delineate specific drill targets in the Hurricane Deeps play in the Bay St. George Basin. The Hurricane Deeps is a seismically mapped prospect, which will require drill testing to at least a 3000-metre depth. It is the Company’s intention subject to financing and rig availability to drill the prospect in early 2008. Medicine Hat Update: The Medicine Hat shallow gas prospect is held pursuant to a petroleum and natural gas lease continuation and extension which expires on August 9, 2007, subject to possible further extension. Since acquiring the project in 2006 the company has participated in the drilling of three new wells and the re-entry of one well, all of which were frac stimulated. Initial results were inconclusive for potential production from the wells, which necessitated further downhole flow rate tests. Two representative wells have been tested with one well testing dry gas at approximately 50,000 cubic feet per day while the other well tested fluid and minor amounts of gas throughout the test period which did not allow for any sustainable gas rate to be measured. Surface tests of the remaining four wells, including two shut-in suspended wells, show rapid pressure declines suggesting the frac stimulations were ineffective in enhancing gas flow into the well-bore. Geophysical logs and offsetting well data suggest that the lease is gas bearing but that a new stimulation program will be required to enhance any gas recovery. The company is re-evaluating the technical and economic merits of the program in the context of the natural gas market conditions. As an industry, the exploration and development of shallow gas in southern Alberta has suffered a significant downturn in the last year due to rising service costs, subdued gas prices and currency appreciation all of which have negatively affected development economics. Vulcan is a diversified junior exploration company focussed on petroleum exploration in the under-explored onshore and offshore area of Western Newfoundland. The company also has carried interests in nickel and uranium exploration properties in Newfoundland and Labrador. For information please contact Mr. Patrick Laracy, President of Vulcan Minerals Inc. at Phone: (709) 754-3186, Fax: (709) 754-3946 or Email: info@vulcanminerals.ca, Website: Vulcan Minerals

Wed, 08-15-2007, 10:17 AM	#4 (permalink)
RGOIL Join Date: Jul 2007 Posts: 4	In spite of the general market sell off, Vulcan Minerals shares are holding up quite well. Most shareholders do not wish to sell here as they are waiting to participate in the drill program slated for early 2008. The target choosen for drilling is in excess of 100 Sq Km in size. The target is being further refined by seismic data which is being collected this fall. Strong bids are establishing a good base for this company here.