Oil gas


 Savannah Energy Reports 36% Rise in Income in FY24, What Lies Ahead?

Savannah Energy Reports 36% Rise in Income in FY24, What Lies Ahead?

January 22, 2025 06:54 PM AEDT| By Team Kalkine Media

Highlights,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

EnQuest to Acquire Harbour Energy's Business in Vietnam for $84 Million

January 22, 2025 06:32 PM AEDT| By Team Kalkine Media

Highlights,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

VH Global Energy Infrastructure Expands Brazilian Solar Portfolio with New Projects

January 17, 2025 06:20 PM AEDT| By Team Kalkine Media

Highlights,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

Helium One Global Provides Update on Galactica-Pegasus Project in Colorado

January 15, 2025 06:46 PM AEDT| By Team Kalkine Media

Highlights:,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

Falcon Oil & Gas Sees Strong Stock Surge Amid Growing Market Interest

January 15, 2025 06:23 AM AEDT| By Team Kalkine Media

Headlines,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

Zenith Energy Raises £2.31 Million Through Private Placements in UK and Norway

January 13, 2025 07:21 PM AEDT| By Team Kalkine Media

Highlights,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

Challenges Ahead for Mosman Oil and Gas Amid Share Price Decline

January 13, 2025 06:39 AM AEDT| By Team Kalkine Media

Headlines,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

Coro Energy Announces Retail Offer to Raise Funds via Winterflood Retail Access Platform

January 10, 2025 07:13 PM AEDT| By Team Kalkine Media

Highlights:,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

PetroTal Reports Record Q4 Production and Strategic Developments in Peru

January 09, 2025 09:05 PM AEDT| By Team Kalkine Media

Highlights,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

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 Media

Highlights,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

Shell's Steady Growth and Strategic Focus in the Energy Sector

January 07, 2025 10:03 PM AEDT| By Team Kalkine Media

Headlines,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

Global Petroleum Secures £1.5 Million to Advance Key Projects in Australia and Namibia

January 07, 2025 07:58 PM AEDT| By Team Kalkine Media

Highlights,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

Global Petroleum Launches Retail Offer for Shareholders

January 07, 2025 07:54 PM AEDT| By Team Kalkine Media

Highlights,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

Diversified Energy Acquires $45M Natural Gas Assets Across Virginia, West Virginia, and Alabama

January 06, 2025 07:05 PM AEDT| By Team Kalkine Media

Highlights,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

Kosmos Energy Notes Milestone Achievement at Greater Tortue Ahmeyim LNG Project

January 02, 2025 06:27 PM AEDT| By Team Kalkine Media

Highlights,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

Quadrise Joins SEASTARS Consortium to Drive Greenhouse Gas Reduction in Shipping Industry

January 02, 2025 06:21 PM AEDT| By Team Kalkine Media

Highlights:,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

88 Energy Advances Project Phoenix with Strategic Updates and Regional Developments

December 31, 2024 07:45 PM AEDT| By Team Kalkine Media

Highlights,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?

How did ADM Energy perform in recent half?

December 31, 2024 07:42 PM AEDT| By Team Kalkine Media

Highlights,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

Kistos Welcomes James Thomson as New Chief Financial Officer

December 31, 2024 07:30 PM AEDT| By Team Kalkine Media

Highlights,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

Helix Exploration Advances Helium Production Plans with Strategic Acquisition of PSA Processing Plant

December 30, 2024 10:13 PM AEDT| By Team Kalkine Media

Highlights,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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