Potash company raises funds for Arizona exploration program
Summary:
Passport Potash reports they raised $7.5 million from the private sale of warrants, that will be used for general operations and further exploration of their lands overlying the Holbrook potash deposit in eastern Arizona. [Right, Passport's land holdings]The Arizona Oil & Gas Conservation Commission expects more exploration drilling in the region during 2012.
Content analysis:
Geographic context:
Location | Country | Latitude | Longitude |
Arizona | US | 34.1679 | -111.931 |
Eastern Arizona | US | 33.9491 | -110.367 |
Holbrook | US | 34.9017 | -110.16 |
Keywords:
Arizona Oil, eastern arizona, exploration, exploration drilling, Gas Conservation Commission, general operations, Holbrook potash deposit, Passport, Potash company, private sale, program passport potash