Companies presenting at next week’s Proactive’s CEO Sessions are Minotaur Exploration Ltd (ASX:MEP), Brookside Energy Ltd (ASX:BRK), Eon NRG Ltd (ASX:E2E), Kingston Resources Ltd (ASX:KSN), and Shekel Brainweigh Ltd (ASX:SBW).
Minotaur’s managing director Andrew Woskett is focused on its projects located near the town of Cloncurry in Queensland.
There it has three joint ventures with resources heavyweight Oz Minerals Limited (ASX:OZL) being the Jericho JV, Eloise JV, and the Cloncurry Alliance.
At the most advanced Jericho copper-gold deposit, Minotaur and Oz have drilled 96 holes for 29,740 metres in five drill programs since September 2017 with nearly half of that drilled in the April-June 2019 program.
Notably, under the Jericho JV, Oz Minerals will fund all exploration activities with Minotaur being loan carried until production.
Brookside’s managing director David Prentice will be discussing the company's Real Estate Development approach regarding its oil and gas assets in the world-class Anadarko Basin in Oklahoma.
The objective is to acquire prospective acreage in the Anadarko Basin and add value to it by consolidating leases and proving up oil and gas reserves through exploration.
The company does this with its experienced US partner and manager of operations Black Mesa Energy, LLC.
Eon’s chief financial officer and company secretary Simon Adams will be discussing a major upcoming catalyst for the company in the drilling of the Govt Kaehne #9-29 well.
The well is the first to be drilled by Eon on the 15,000 acres of leases it acquired in the Powder River Basin in Wyoming during September 2018.
The #9-29 well is expected to spud in November with first oil sales expected by the end of calendar 2019.
Notably, Eon’s exploration activities are supported by cash flow generated by its other owned and operated producing fields in Wyoming and California.
Kingston’s managing director Andrew Corbett will be discussing ongoing exploration programs at its flagship Misima Gold Project in Papua New Guinea.
The project was a previously operating open-pit gold mine that was closed during periods when the gold price was trading below US$300 per ounce.
Misima hosts a 2.8 million ounces JORC resource grading 1.1 g/t gold across two deposits Umuna and Ewatinona.
Regional field programs and drilling programs continue at a number of key targets including Quartz Mountain, Misima North, Umuna East and Umuna Extensions.
Shekel’s country manager for Australia Danny Nadri will be discussing the growth opportunities for its two business segments, Shekel Scales, and the newly created Retail Innovation segment.
Shekel Scales’ weighing technology is used in the retail industry in commercial point-of-sales (POS) equipment such as retail self-checkouts.
While Shekel Scales generated nearly all of the company’s US$8.4 million in revenue for the most recent June half 2019, the company is upbeat on the potential of its Retail Innovation division.
Shekel has placed a strong emphasis on the Retail Innovation segment to capitalise on the global demand for retail store automation, such as “grab and go” technology.