"Permex intends to use the financing to acquire-and-exploit continued opportunities throughout the Permian basin
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Multiple potential catalysts are on the horizon, according to a Gran Tierra statement released as its share began trading in London
Pulse said the well had "clear economic support" for a reactivation
After the firm completed modelling work, it decided that water injection would have a significant positive affect.
Mineworx Technologies offers a cost-effective, environmentally friendly alternative in extracting precious metals for the mining and E-waste sectors
The LNG will be exported to energy-hungry markets in Asia, led by China
West Hazel field generated over 200 barrels of oil per day (bopd) before being shut in three years ago
The governor has signed an agreement about the regulation of the uranium recovery operations in the state
The firm said the acquisition would constitute a reverse takeover under AIM rules, and as a result, its shares have been suspended from trading with immediate effect
Permex has assets across West Texas and southeast New Mexico..
On the Enhanced Oil Recovery (EOR) project at Bigoray, it is making good progress - it now having completed the 3-D seismic reprocessing portion
The company said it will boost the previously announced bought deal short form prospectus financing to a total amount of C$4,000,350, representing 6,411,000 subscription receipts of the company and 3,261,000 common shares on a flow-through basis.
The combined land base will comprise 715,000 net undeveloped acres, with over 114 proved drilling locations
In the longer term exploration drilling will tell, nonetheless, a near 3bn barrel 'pre-drill' resource is certainly attractive for speculative investors
The payment from Total is expected to fund Eco's participation offshore Guyana for a number of years, including well costs once exploration drilling gets underway
The newly published resource estimate underlines the potential for a big future at Orinduik
Major nearby successes have been a factor in the level of interest in Orinduik, which lies adjacent to ExxonMobil’s large oil discoveries
In an operational update, where the firm has seen successful recent drilling and completions, it reported average daily production of around 5,750 boe/d
From Tesla to copper to the impact of technology on emerging markets: Proactive Investors sat down with energy expert Gianni Kovacevic to learn more about his passions, his zero-emissions book tour and why millennials don't want (or need) to buy a car.
Permex holds a 100% working interest in the lease and a 78% net revenue interest...
Anfield Energy's project lies in the Pumpkin Buttes district in Johnson County, Wyoming
Cheal-A11 and B6 wells are now back on production, said the firm
As renewable energy generation increases, CellCube aims to clear up misconceptions about its viability
Hammerhead, Exxon's ninth discovery, is located within the vicinity of Eco's Orinduik licence
Production since the half year has risen to 4,400 barrels per day