Cold, landlocked, and boasting as its largest metropolis the city of Saskatoon, Saskatchewan may not be top of mind for most Americans. But the Canadian province is one of the richest spots in the world when it comes to natural resources. It’s the world’s largest producer of uranium.

Cold, landlocked, and boasting as its largest metropolis the city of Saskatoon, Saskatchewan may not be top of mind for most Americans. But the Canadian province is one of the richest spots in the world when it comes to natural resources. It’s the world’s largest producer of uranium.

In April 2006, Vanco International, a subsidiary company of Vanco Energy (US), won the tender invited by the Ukrainian Cabinet for the development of the Black Sea shelf oil-and-gas deposits.
The product sharing agreement was signed on October 19, 2007.
The Environmental Protection Ministry decided on April 25 2008, to cancel Vanco Prykerchenska Ltd’s license to develop the shelf. Vanco Prykerchenska Ltd was given the right to explore the license from Vanco International.