What is the projected resource potential (e.g., reserves, production rates) of the Dufferin North and Dufferin West Property, and how does it compare to Refined Energy's current asset base?
Short answer:
The GlobeâŻNewswire release about the amendment to the EagleâŻPlains option does not contain any quantitative information on the projected resource potential of the DufferinâŻNorth or DufferinâŻWest properties (such as inferred/measured resources, reserve estimates, or expected production rates). Likewise, the announcement does not provide any figures that describe RefinedâŻEnergy Corp.âs existing asset base (e.g., proved reserves, production volumes, or the monetary value of its current portfolio).
Because the news item is limited to the contractual amendment and the percentage interest the Company may acquire, any comparison between the Dufferin properties and RefinedâŻEnergyâs current assets cannot be made from this source alone.
What the announcement tells us
| Item | Details from the release |
|---|---|
| Parties | Refined Energy Corp. (CSE:âŻRUU) and EagleâŻPlains Resources Ltd. |
| Date of amendment | JulyâŻ29âŻ2025 (the âAmended Agreementâ) |
| Underlying agreement | Option agreement dated FebâŻ26âŻ2024, previously amended JanâŻ30âŻ2025 |
| Interest to be earned | Up to 75âŻ% undivided interest in the Dufferin North and Dufferin West properties (Athabasca Basin, Saskatchewan) |
| Purpose of amendment | Adjust terms/conditions for exercising the option (e.g., deadlines, workâprograms, financing); no technical or economic data are disclosed. |
| Location of the property | Dufferin Project lies in the worldârenowned Athabasca Basin, a region known for highâgrade uranium deposits. |
What is not disclosed
| Information category | Not provided in the news release |
|---|---|
| Resource estimates (inâŻMt UâOâ, lbs UâOâ, inferred/measured & indicated resources, reserves) | â |
| Projected production (e.g.,âŻkt UâOâ per year, mine life) | â |
| Economic metrics (NPV, IRR, capex, operating cost) | â |
| Current Refined Energy asset base (existing reserves, production rates, pipeline capacity, cash position) | â |
| Comparison metrics (e.g., Dufferinâs resources vs. Refinedâs total resources) | â |
How you can obtain the missing data
Technical reports / NI 43â101 filings â EagleâŻPlains (or a jointâventure partner) may have filed resource estimates for the Dufferin project with Canadian securities regulators. Those documents typically contain inferred, indicated, and measured resources, as well as preliminary production scenarios.
Refined Energyâs quarterly/annual reports â The Companyâs SEDAR filings (CSE:âŻRUU) will list its existing oilâandâgas reserves, production volumes, and the value of its infrastructure (e.g., pipelines, processing facilities). Those figures are needed for a meaningful âassetâbaseâ comparison.
Press releases or investor presentations â Both parties sometimes issue supplemental updates that include âresource potentialâ slides, especially when a material option is about to be exercised.
Thirdâparty databases â Platforms such as S&P Global Market Intelligence, Bloomberg, or UraniumâŻ2020 may aggregate publicly available resource data for the Dufferin project.
How a comparison would typically be framed (once data are available)
| Metric | Dufferin North & West (projected) | Refined Energyâs current portfolio |
|---|---|---|
| Uranium resources (e.g.,âŻMt UâOâ) | X (inferred/indicated/measured) | Y (total uranium assets, if any) |
| Annual production potential (kt UâOâ/yr) | AâŻktâŻUâOâ per year (based on a Zâyear mine plan) | BâŻktâŻUâOâ per year (or 0 if the Company currently has no uranium production) |
| Net present value (NPV) (US$âŻM) | NâŻM (discounted at industryâstandard 8âŻ%) | MâŻM (value of existing oil/gas assets) |
| Capital requirement (US$âŻM) | CâŻM to bring to production | DâŻM (existing capitalâintensive infrastructure) |
| Strategic fit | Diversifies into highâgrade uranium; adds a longâlife, highâvalue asset in the Athabasca Basin. | Primarily an oilâandâgas producer; the Dufferin acquisition would be its first substantial uranium exposure, potentially broadening its commodity mix and providing a hedge against oil price volatility. |
Note: The rows above are illustrative; the actual numbers must be sourced from the technical and financial disclosures mentioned earlier.
Bottom line
- From the AugustâŻ7âŻ2025 GlobeâŻNewswire release alone, we cannot quantify the resource potential of the Dufferin North or Dufferin West properties, nor can we benchmark those prospects against Refined Energyâs existing assets.
- To answer the question fully, you will need to locate the most recent NIâŻ43â101 resource estimate for the Dufferin project (likely filed by EagleâŻPlains or a jointâventure partner) and review Refined Energyâs latest SEDAR filings for its current oilâandâgas reserve and production data. Once those figures are in hand, a direct comparative analysisâcovering size, grade, production profile, and economic valueâcan be prepared.