Drilling carried out to determine whether hydrocarbons are present in a particular area or structure. Also known as a ‘wildcat well’.

Extrusion is the method of producing lengths of steel to a particular shape by forcing the metal through a die cut to the cross-sectional shape required. The method is used to produce a wide range of shapes, from rounds, squares, “L” shapes, “T” shapes and tube, through to complex sections that can be difficult to make by any other method. The method is also widely used for non-ferrous metals, particularly aluminium, as well as plastics.

When a company acquires an interest in a block by taking over all or part of the financial commitment for drilling an exploration well. 

Fuel cell electric vehicles (FCEVs) are zero emissions vehicles that convert hydrogen stored on-board using a fuel cell to power an electric motor.

Raw materials.

Ferritic is the second-largest class of stainless steel, constituting approximately 25% of stainless production. Ferritic stainless steels are plain chromium steels with no significant nickel content; the lack of nickel results in lower corrosion resistance than the austenitics (chromium-nickel stainless steels). Ferritics are best suited for general and high-temperature corrosion applications rather than services requiring high strength. They are used in automotive trim and exhaust systems, interior architectural trim, and hot water tanks.

A metal product commonly used as a raw material feed in steelmaking, to aid various stages of the steelmaking process such as deoxidation, desulfurization, and adding strength. 

Ferrous is the term used to indicate the presence of iron in a metal and will also be used to distinguish iron and steel from non-ferrous metals.

An accumulation, pool, or group of pools of hydrocarbons or other mineral resources in the subsurface. A hydrocarbon field consists of a reservoir in a shape that will trap hydrocarbons and that is covered by an impermeable, sealing rock.

The application of tools, equipment and techniques for the removal of junk, debris or fish from a wellbore.

There are three main types of graphite: Flake, Vein, and Amorphous. Flake graphite is formed when carbon material is subjected to high pressure and high temperature. The carbon source material can be either organic or inorganic, although most commercially sourced flake graphite comes from organic deposits. The graphite is a key component in the lithium-ion batteries that electric and hybrid cars use, and it's also found in fuel cells. In fact, fuel cells require more flake graphite than lithium-ion batteries. Flake graphite is also used in vanadium-redox batteries and nuclear reactors.

Term used to describe a vapour or gas that is burned through a pipe or burners.

Steel mills that produce a type of finished rolled steel product like steel strip and plate.

The depth, or distance from surface, that the fluid in a well incapable of natural flow will reach under static conditions.

An iron cleaning agent. Limestone and lime react with impurities within the metallic pool to form a slag that floats to the top of the relatively heavier (and now more pure) liquid iron.