Delivering News That Matters

Iraq woos investment in refineries as port systems crumble

The following article is from the Oil & Gas Journal Oil Diplomact Editor Eric Watkins. (link to the story here)
This serves to substantiate Winfield Resources’ plan to build, own, and operate an oil refinery in Libya. With the lack of refining capacity growing around the world as oil consumption increases daily, Libya looks to be [...]

Winfield Resources – Libyan Status Update

Winfield Resources Limited (“Winfield”) (WWF.H:TSXV) announces today that it has received re-confirmation from the Libyan General People’s Committee for Industry, Commerce and Trade that Winfield’s License to build, own and operate a 300,000 barrel per day oil refinery remains both valid and in good standing.
(Reference here being made to the original grant of license [...]

WINFIELD MCTO STILL IN EFFECT

Winfield Resources Limited (“Winfield”) (WWF.H:TSXV) has been advised by the BCSC that the Management Cease Trade Order Dated April 30, 2009 (“MCTO”) is still in effect.
Winfield is unable to file its annual audited financial statements, annual MD&A and annual certificates for the fifteen months ended March 31, 2009 by the filing deadline of July 29, [...]

WINFIELD CLOSES FIRST TRANCHE OF FINANCING

Winfield Resources Ltd. has closed the first tranche of its non-brokered private placement of up to 10 million units at a price of five cents per unit. The first tranche consists of the issuance of 7.69 million units for proceeds of $384,500. Each unit consists of one common share and a warrant to purchase an [...]