Sentence examples for fund exploration from inspiring English sources

Some traders suggestes that the success could allow the company to sell part of its 40% share of three blocks in Senegal to fund exploration work in Europe and Morocco.

Thomas then convinced London-based Rio Tinto to fund exploration of the Diavik property.

The company plans an average of $20 billion a year in total capital investment through 2011, most of which will fund exploration and production.

They testified to the substantial damage they believed the regulation would do to their industries, including lost profits, the inability to fund exploration and development, and difficulties in providing affordable gasoline to the public.

Yet between them, these two foundations also have over $70bn£47bnbn) worth of endowments, millions of which is funding exploration for new fossil fuel reserves.

The organization, which is based in Washington, D.C., has funded exploration since the late nineteenth century, and had backed Berger for decades.

Gerald Harper, a consultant in Toronto who tracks mine financings, said that while mining companies raised about the same amount of money last year as in 2002, "the use of proceeds has changed dramatically," from paying down debt to funding exploration and new projects.

"The government may argue that if it funds exploration now, it will be paid back later," ODI director Kevin Watkins told the BBC.

Because the new plan creates infrastructure and a new partnership between public funded exploration and private enterprise.

Taxpayers will also now fund seismic exploration to help companies find more oil and gas and will pay £31m for shale gas research drilling plus another £5m to "ensure the public is better engaged" with fracking.

DES's had $43m in cash before funding the recent seismic and its share of the Ocean Guardian mob/demob, so its ability to fund further exploration (wells are $20-25m20-25m) is limited without an equity raise or farm out.