Download now: Oil Price Outlook 2024

Ivanhoe Energy (NASDAQ: IVAN) Gets Final Payout from Shell

Brian Hicks

Written By Brian Hicks

Posted December 31, 2013

Canada’s Ivanhoe Energy announced it has received the final payment from Royal Dutch Shell for its stake in a Chinese block of natural gas in the Sichuan Basin. The transaction was first announced at the beginning of 2012, and was valued at $85 million. The final payment is $3.7 million, and will be applied to Ivanhoe’s working capital reserves.

The Autonomous Data Collector

Even people with no interest at all in Star Wars can identify the robot R2-D2. It’s a little blue and white trash can that bleeps and whizzes its way around the galaxy, getting into trouble along the way. A Silicon Valley startup has created our own modern R2-D2 for fighting crime, and we take a look at it here. 

Angel Pub Investor Club Discord - Chat Now

Brian Hicks Premium


Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.