Oil gas

Savannah Energy Reports 36% Rise in Income in FY24, What Lies Ahead?
January 22, 2025 06:54 PM AEDT| By Team Kalkine MediaHighlights,Solid Revenue Growth:,Total income increased by 36% YoY to US$393.6 million, driven by a significant rise in other operating income.,Cash Flow and Debt Management:,Cash collections rose to US$248.5 million, while net debt increased to US$6...

EnQuest to Acquire Harbour Energy's Business in Vietnam for $84 Million
January 22, 2025 06:32 PM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,EnQuest has signed a Sale and Purchase Agreement to acquire Harbour Energy's 53.125% stake in the Chim Sáo and Dua production fields in Vietnam, expanding its footprint in South East Asia.,Transaction Details:,The he...

VH Global Energy Infrastructure Expands Brazilian Solar Portfolio with New Projects
January 17, 2025 06:20 PM AEDT| By Team Kalkine MediaHighlights,Portfolio Growth:,Energisation of two additional solar distributed generation (DG) sites in Brazil increases the Company's operational projects to 12, with a total capacity of 34.3MWdc.,Upcoming Capacity:,A third site (6.25MWdc) is set to...

Helium One Global Provides Update on Galactica-Pegasus Project in Colorado
January 15, 2025 06:46 PM AEDT| By Team Kalkine MediaHighlights:,Site Work Completed at Jackson-31 and Jackson-04 Wells,Rig Mobilization for Jackson-31 Expected Early Next Week,Further Drilling Plans for Additional Wells After Jackson-04,Helium One Global (LSE:HE1) has issued an update following Blue S...

Falcon Oil & Gas Sees Strong Stock Surge Amid Growing Market Interest
January 15, 2025 06:23 AM AEDT| By Team Kalkine MediaHeadlines,Falcon Oil & Gas Ltd. sees significant increase in stock value,Substantial trading activity boosts overall stock momentum,Company remains a notable player with continued market interest,Falcon Oil & Gas Ltd. Stock Update,Falcon Oil & Gas Lt...

Zenith Energy Raises £2.31 Million Through Private Placements in UK and Norway
January 13, 2025 07:21 PM AEDT| By Team Kalkine MediaHighlights,Successful Fundraising,: Zenith Energy secured approximately £2.31 million via private placements in the UK and Norway, issuing 48.5 million new shares.,Director Participation,: CEO Andrea Cattaneo received shares to settle director loans,...

Challenges Ahead for Mosman Oil and Gas Amid Share Price Decline
January 13, 2025 06:39 AM AEDT| By Team Kalkine MediaHeadlines,Mosman Oil and Gas,(LON:MSMN),faces a decline in share value.,The stock has experienced decreased trading volume.,What could be ahead for Mosman Oil and Gas?,Mosman Oil and Gas has recently encountered a notable decline in its share price....

Coro Energy Announces Retail Offer to Raise Funds via Winterflood Retail Access Platform
January 10, 2025 07:13 PM AEDT| By Team Kalkine MediaHighlights:,Retail Offer Details,: Coro is offering,6,666,667 new ordinary shares,at,1.5 pence per share,, with a total potential raise of,£100,000,through the WRAP platform.,Subscription Fundraising,: In addition to the WRAP Retail Offer, Coro is se...

PetroTal Reports Record Q4 Production and Strategic Developments in Peru
January 09, 2025 09:05 PM AEDT| By Team Kalkine MediaHighlights,Record Q4 Production:,Achieved an average of 19,150 barrels of oil per day (bopd), a company record, driven by the Bretana field and newly acquired Block 131.,Strategic Acquisitions:,Secured two Technical Evaluation Agreements (TEAs) near...

Kistos FY24 production aligns with guidance, FY25 production guidance set at 8,000–9,000 boepd
January 08, 2025 06:47 PM AEDT| By Team Kalkine MediaHighlights,FY 2024 production averaged 8,050 boepd, in line with guidance; FY 2025 production guidance set at 8,000–9,000 boepd.,Strong cash position with $144 million in total cash, including $84 million in tax rebates.,Advancements in Jotun FPSO up...

Shell's Steady Growth and Strategic Focus in the Energy Sector
January 07, 2025 10:03 PM AEDT| By Team Kalkine MediaHeadlines,Shell plc's recent trading activity shows a minor increase, with positive sentiment surrounding the stock.,Analysts maintain optimistic projections for Shell, highlighting its robust operational strategy.,Dividend distribution and growth in...

Global Petroleum Secures £1.5 Million to Advance Key Projects in Australia and Namibia
January 07, 2025 07:58 PM AEDT| By Team Kalkine MediaHighlights,Capital Raise Success:,Global Petroleum raises £1.5 million through a share placing to fund the Juno Project, PEL 94 farm-out discussions, and general working capital.,Juno Project Development:,Fully funded for 2025 work program, including...

Global Petroleum Launches Retail Offer for Shareholders
January 07, 2025 07:54 PM AEDT| By Team Kalkine MediaHighlights,Retail Offer Details:,Global Petroleum offers existing retail shareholders the chance to purchase new shares at 0.225p via CMC CapX.,Placing Announcement:,The Retail Offer is separate from the Placing but both are part of a broader fundrai...

Diversified Energy Acquires $45M Natural Gas Assets Across Virginia, West Virginia, and Alabama
January 06, 2025 07:05 PM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,Diversified Energy to acquire natural gas properties and facilities from Summit Natural Resources for ~$45 million, leveraging cash on hand and existing liquidity.,Operational Synergies:,The 300 Appalachian wells and...

Kosmos Energy Notes Milestone Achievement at Greater Tortue Ahmeyim LNG Project
January 02, 2025 06:27 PM AEDT| By Team Kalkine MediaHighlights,First Gas Production Achieved,: Gas from the first phase of the GTA project began flowing on December 31, 2024, to the floating production storage and offloading (FPSO) vessel, marking a critical step towards full LNG production.,Phase 1 L...

Quadrise Joins SEASTARS Consortium to Drive Greenhouse Gas Reduction in Shipping Industry
January 02, 2025 06:21 PM AEDT| By Team Kalkine MediaHighlights:,Quadrise Joins SEASTARS Consortium,: Quadrise Plc partners with 17 companies under the SEASTARS initiative, which is focused on reducing maritime greenhouse gas emissions by 30% and improving energy efficiency by 20%.,Quadrise Technology...

88 Energy Advances Project Phoenix with Strategic Updates and Regional Developments
December 31, 2024 07:45 PM AEDT| By Team Kalkine MediaHighlights,Joint venture partner Burgundy Xploration commits $1 million towards outstanding cash calls, with a $3 million payment deadline extended to February 2025.,Planning progresses for a horizontal test well at the SMD-B reservoir, with potentia...

How did ADM Energy perform in recent half?
December 31, 2024 07:42 PM AEDT| By Team Kalkine MediaHighlights,ADM secured a 30.6% net interest in JKT Reclamation, generating revenue of $480,050 in H1 2024, and received $35,000 in distributions.,Acquired Vega Oil and Gas, LLC, achieving net revenue of $26,827 in June 2024 from the Sneed 415 well.,O...

Kistos Welcomes James Thomson as New Chief Financial Officer
December 31, 2024 07:30 PM AEDT| By Team Kalkine MediaHighlights,James Thomson assumes the role of CFO and Board member on January 1, 2025, succeeding Richard Slape.,Thomson joined Kistos as Deputy CFO in October 2024, ensuring a seamless leadership transition.,He brings extensive experience as an ACA-q...

Helix Exploration Advances Helium Production Plans with Strategic Acquisition of PSA Processing Plant
December 30, 2024 10:13 PM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,Helix Exploration secures a helium PSA processing plant with a proven track record for $0.5 million.,Accelerated Production:,The acquisition will fast-track helium production at the Rudyard Project while minimizing c...
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