Uranium Energy Corp. (UEC) Continues Progress on Initial Wellfield
Uranium Energy Corp., a U.S.-based uranium exploration and development company focused on acquiring and working uranium properties in the western U.S., continues to develop its initial wellfield located at the Palangana ISR (“in-situ” recovery) uranium project (PAA-1) in South Texas. A total of 110 injection and production wells are to be drilled, cased, and developed within the project. The initial wellfield should be completed within three months, at which time construction of wellfield piping and electrical distribution will begin. This will tie the PAA-1 wellfield to Palangana’s ion-exchange satellite facility that will be constructed during the same period. UEC is…