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Energy
88 Energy Details 50% Resource Upgrade for Project Phoenix
September 18, 2024 08:34 AM BST| By Team Kalkine Media88 Energy Ltd,(LSE:88E),has announced a substantial update regarding the contingent resources at Project Phoenix in Alaska, which is now estimated to contain approximately 378 million barrels of gross 2C contingent resources. This revised estimate, p...
Zephyr Energy Denies Plans for Equity Raise
September 17, 2024 07:42 AM BST| By Team Kalkine MediaZephyr Energy PLC,(LSE:ZPHR),has addressed recent market speculation by clarifying that it is not in the process of raising new capital through an equity offering. In a formal statement, Zephyr Energy affirmed that there are no current plans for an e...
Europa Oil & Gas Applauds Wressle Planning Approval
September 16, 2024 09:20 AM BST| By Team Kalkine MediaEuropa Oil & Gas (Holdings) Plc,(LSE:EOG),has received approval for the next phase of development at its part-owned Wressle project in Lincolnshire. The planning permission allows for the drilling of two additional wells, the construction of gas proc...
Pantheon Resources Announces New CFO Based in the US
September 16, 2024 09:04 AM BST| By Team Kalkine MediaPantheon Resources PLC (LSE: PANR) has announced the appointment of Philip Patman as its new Chief Financial Officer (CFO). This significant leadership change includes relocating the CFO role to Houston, reflecting the company's ongoing strategic ini...
Union Jack's Wressle Field Receives Approval to Expand Well Site
September 16, 2024 08:53 AM BST| By Team Kalkine MediaUnion Jack Oil PLC,(LSE:UJO),has received planning permission for the next phase of development at the Wressle field in Lincolnshire. This approval enables the drilling of two additional wells, the construction of gas processing facilities, and the i...
Mosman Oil and Gas Increases Production at Stanley Project, Texas
September 16, 2024 08:48 AM BST| By Team Kalkine MediaMosman Oil and Gas Ltd is an oil exploration, development, and production company with operations in the US and Australia. The company focuses on identifying opportunities that provide operating cash flow and development potential, while also advanci...
Chariot Finalizes Anchois-3 Drilling
September 16, 2024 08:44 AM BST| By Team Kalkine MediaChariot Ltd,(LSE:CHAR),has concluded its drilling campaign at the Anchois-3 well, situated within the Lixus Offshore license off the coast of Morocco. The well, drilled using the Stena Forth drillship, achieved a total depth of 3,045 meters in 349 me...
i3 Energy Expands Production Base
September 16, 2024 08:31 AM BST| By Team Kalkine Mediai3 Energy PLC,(LSE:I3E),operates as an oil and gas company with a low-cost, diversified production base in Canada's Western Sedimentary Basin and appraisal assets in the North Sea. The company focuses on optimizing its fully owned asset base and acqu...
Echo Energy Falls Short After Disappointing Gold Project Update
September 13, 2024 09:49 AM BST| By Team Kalkine MediaEcho Energy PLC,(LSE:ECHO),saw a notable drop of over 14% in its share price on Friday morning, following an update on its joint-owned Tesoro gold project in Peru. This decline came after the company provided new information regarding the development...
Mast Energy Shares Rise as Revenue Tally Increases
September 12, 2024 12:23 PM BST| By Team Kalkine MediaMast Energy Developments,(LSE:MAST),experienced a 6% rise in its shares following an update on the revenue performance of its Pyebridge 8.1MW flexible power generation asset. The company reported a 16% increase in the final revenue figure for July, b...
Chariot Continues Drilling Key Anchois Appraisal Well
September 11, 2024 12:36 PM BST| By Team Kalkine MediaChariot Ltd,(LSE:CHAR),has reported that the Anchois-3 pilot hole, which was drilled to test the potential extension of the field’s resources, did not achieve the anticipated results. The pilot hole has now been sealed, and operations have transition...
Aura Energy Extends Tiris Uranium Project Mine Life to 25 Years
September 11, 2024 07:02 AM BST| By Team Kalkine MediaAura Energy Ltd,(LSE:AURA),has significantly enhanced the Tiris Uranium Project's production outlook in Mauritania, leading to a notable boost in the project’s economic metrics and extending its operational lifespan from 17 to 25 years.,The project's...
Zephyr Energy CEO on Successful State 36-2R Well Test Results
September 06, 2024 07:43 AM BST| By Team Kalkine MediaZephyr Energy PLC (,LSE:ZPHR,) CEO Colin Harrington recently provided an update on the State 36-2R LNW-CC well at the company’s flagship project in the Paradox Basin, Utah. The completion of the second phase of the production test marks a significant...
88 Energy Drops Major Update on Global Projects
September 02, 2024 12:05 PM BST| By Team Kalkine Media88 Energy Ltd, a player in the,oil and gas sector,, provided an update on its projects in Alaska, Texas, and Namibia in its half-year financial report. The company emphasized that Project Phoenix in Alaska remains a primary focus.,Alaska: Progress on...
Sunda Energy Applies for Two Offshore Licenses in the Philippines
August 28, 2024 05:48 AM BST| By Team Kalkine MediaOn Wednesday, Sunda Energy announced that it has applied for two offshore licence areas in the Philippines as part of its strategic expansion into gas exploration across Southeast Asia.,The AIM-traded company revealed that the applications were submi...
Prospex Acquires 7.5% Stake in Viura Gas Field
August 27, 2024 04:06 PM BST| By Team Kalkine MediaProspex Energy,(LSE:PXEN),, a company specializing in European gas and power projects, announced the completion of a 7.5% acquisition in Heyco Energy Iberia (HEI) on Tuesday. HEI, which owns the majority stake in the Viura gas field in northern Spain...
Trinity Hits Pause on Takeover Scheme Document Release
August 23, 2024 04:14 PM BST| By Team Kalkine MediaTrinity Exploration & Production,(LSE:TRIN),has announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators. This acquisition, initially unveiled on August 2, will see Lease Operators acq...
Sound Energy Secures Bridge Financing Ahead of SEME Sale Completion
August 23, 2024 03:11 PM BST| By Team Kalkine MediaSound Energy,(LSE:SOU),has secured a bridge financing facility agreement for up to £1.5 million, as announced on Friday. This short-term financial arrangement, facilitated by Lyndisfarne Partners and provided by a high-net-worth individual operating...
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UK Household Energy Bills Set to Increase by 10% in October
August 23, 2024 12:00 AM BST| By Team Kalkine MediaUK household energy bills are set to increase by £149 starting in October, according to the latest price cap set by industry regulator Ofgem. For households consuming an average amount of gas and electricity, the annual bill will rise to £1,717. This...
Energy Prices Expected to Rise by 9% Ahead of Winter
August 22, 2024 12:00 AM BST| By Team Kalkine MediaEnergy prices in the UK are poised to rise by 9% starting in October, as the country braces for the colder winter months. Ofgem is set to announce the updated energy price cap on Friday.,Cornwall Insight analysts predict that the cap will increase fr...
