The company raised £10mln through the issue of new shares, priced at 15p.
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The Trinidad firm has been ramping up production and the first quarter showed a major improvement from the comparative period in 2017
Average production was up in the first quarter, grew further through April and three more new wells are due online in the coming weeks
Chief executive Arthur Millholland highlighted that the group’s economics are “very attractive” especially as crude oil prices remain above US$75 per barrel
Falcon saw a major breakthrough last month, as Australian authorities green-lighted its shale project in the Northern Territory.
The firm posted a net loss in the quarter of C$11.7mln compared to net profit of C$7.3 million in the first quarter..
Sundance made a large-scale acquisition in the March quarter.
The Utah-based solar energy provider issued a bleak outlook for the second quarter
TransCanada is exporting much of its heavy crude oil to the U.S.
Eco said it is “very encouraged” by the new data which is enhancing understanding of existing targets and identifying new ones
The company's earnings per share exceeded estimates
The Egypt and Canada focussed oil and gas producer expects to find “a significant pool of specialist investors” in London
Sentiments were significantly lifted late March as a scientific report concluded that fracking risks could be managed in Australia's Northern Territory but the regional government has yet to decide on the future of fracking
In Toronto, shares are up over 33% to C$0.02 on the day and around 5.3mln shares have changed hands
The firm, based in California, has been hired for an initial term of 12 months
The infrastructure giant said at the weekend it had suspended most work on the C$5.8bn Trans Mountain Expansion.
"We are very pleased to have reported a strong flow test result from our SAH-2 well in Morocco,” said Paul Welch, SDX chief executive
The oil and gas firm is deep into a drilling campaign, and the next well could quickly deliver additional production
Cantor Fitzgerald sees SDX Energy’s valuation as “unchallenging” and believes there is potential for a rerating to the share price
"Whilst the KSS-2 well was not a commercial success, we are viewing this one result in the context of what is already a very successful drilling campaign with four out of six discoveries to date”
“This is another good result from the Sebou permit which is proving to be an outstanding investment by SDX"
"Today's positive update on ONZ-7 reaffirms our view that the Sebou permit has the potential to be highly cash generative for SDX."
The growing oil and gas company continues to advance its drill programme onshore Morocco
"We are very excited to be able to announce another discovery, the fourth from five wells drilled to date in our nine well Moroccan campaign,” said Paul Welch, SDX chief executive.