January 24, 2017 9:35 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Terra Energy LLC

Company Overview

Terra Energy LLC engages in coal exploration and operates in the South Gobi and Middle Gobi coal bearing basins in Mongolia. The company is based in Ulan Bator, Mongolia. As of July 20, 2011, Terra Energy LLC operates as a subsidiary of Guildford Coal Limited.

Ulan Bator,  

Mongolia

Key Executives for Terra Energy LLC

Terra Energy LLC does not have any Key Executives recorded.

Terra Energy LLC Key Developments

Terra Energy LLC Secures New Coking Coal Exploration License in Mongolia

Terra Energy LLC received a new exploration license in Mongolia, which complements the subsidiary's current coking coal assets portfolio in the region. The exploration license will be part of the company's South Gobi project, which comprises seven exploration and two mining licenses. The 21.05 square kilometer license has been granted for a three-year term, extendable by up to a further 12 years in three-year stages. The licensed area is located in the South Gobi coal basin, in close proximity to SouthGobi Resources Ltd.'s Zag Suuj deposit, and 60 kilometers east of Guildford's producing Baruun Noyon Uul coking coal mine. Guildford is required to provide an exploration plan to the Mongolian government within 30 days. The company will conduct scaled mapping and ground geophysical survey to define priority targets, followed by trenching and initial non-cored drill holes to determine resource structure and potential size.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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