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A snapshot of Reabold’s (LON:RBD) UK offshore asset portfolio after latest acquisition
May 26, 2022 11:04 AM AEST| By Nitish KumarUpstream oil and gas investment firm Reabold Resources PLC (LON:RBD) recently announced that it would acquire all assets of its investee company (Corallian Energy) except for the Victory Gas Discovery. This investment strategy augurs well for the C.....

Invictus Energy raises AU$12m for Mukuyu Target drilling
May 23, 2022 04:21 PM AEST| By Toshiva JainHighlights Invictus Energy Limited (ASX:IVZ) has raised AU$12 million through the private placement of shares at AU$0.20 per share. Funding will be dedicated to the progress of drilling of the Mukuyu prospect, planned in July – August CY2.....

Reabold (LON: RBD) bolsters its management by appointing a new Chief Financial Officer
May 16, 2022 03:19 PM AEST| By Nitish KumarHighlights Reabold Resources appoints Mr Chris Connolly as the new CFO for the Company. Mr Connolly is an experienced resource industry professional with an extensive experience of over 15 years. Recently, Reabold announced its intention to ac.....

Reabold’s (LON:RBD) subsidiary Corallian receives acquisition offer
May 11, 2022 10:43 AM AEST| By Nitish KumarUpstream oil & gas investment company Reabold Resources PLC (LON:RBD) has shared an exciting update regarding its 49.99%-owned subsidiary Corallian Energy Ltd. Corallian Energy has received a non-binding, conditional offer from a credible part.....
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Here’s how Jindalee Resources (ASX:JRL) performed in March 2022 quarter
May 05, 2022 11:41 AM AEST| By DaminiHighlights Jindalee Resources Limited (ASX:JRL) achieved a range of milestones in the March quarter. The Company primarily progressed with the development of its McDermitt Project during the quarter. The mineral exploration company remains wel.....

Invictus Energy (ASX:IVZ) extends Cabora Bassa’s farm-in option expiry
March 31, 2022 12:29 PM AEDT| By SukritiHighlights Invictus Energy Limited (ASX:IVZ) has granted Cluff Energy Africa’s (CEA) request to extend its farm-in option expiry for the Cabora Bassa Project. The latest agreed expiry for CEA to exercise its option has been extended.....

Fiducian India Fund operates in burgeoning Indian Mutual Fund space
March 21, 2022 03:18 PM AEDT| By Mohammad ZaidHighlights The Indian mutual funds market has witnessed a significant growth with ~AU$2.07 billion collected through SIP in February 2022. Fiducian India Fund has outpaced several global indices as it has delivered significant returns over the .....

Jindalee Resources to enter 2022 on a strong footing
December 21, 2021 07:32 PM AEDT| By DaminiHighlights The shares of Jindalee Resources Limited (ASX:JRL) have delivered a return of over 160 per cent this year so far (21 December 2021). Promising market trends in the lithium space and Jindalee’s encouraging developments at its hi.....

Sabre to earn a stake in Jindalee’s Sherlock Pool exploration licence
December 13, 2021 07:31 PM AEDT| By DaminiAustralia-based Jindalee Resources Limited (ASX:JRL) has entered into a binding farm-in JV agreement with Sabre Resources Ltd (ASX:SBR) over the Sherlock Pool exploration licence. The Sherlock Pool E47/4345 is situated immediately along strike to t.....

i3 Energy’s (LON: I3E) Wapiti acquisition delivers better than expected production
September 10, 2021 12:33 AM AEST| By Team Kalkine MediaHighlights I3 Energy’s Wapiti acquisition production improved to 471 boepd in August, up from 230 boepd at the time of acquisition. The Martin Hills Clearwater wells produced an aggregate average of 238 bopd in the last week of Augu.....
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I3 Energy completes Central Alberta strategic asset acquisition
August 24, 2021 12:45 AM AEST| By Team Kalkine MediaHighlights Independent energy firm I3 Energy has completed its strategic asset sale from Canadian energy firm Cenovus Energy. This strategic asset sale is expected to add up to 8,400 boepd to I3 Energy’s production, boost free cash .....

Market cheers I3 Energy’s move to increase net operating income guidance
August 16, 2021 11:19 PM AEST| By Team Kalkine MediaHighlights Independent oil and gas company I3 Energy shares rose by over 7 per cent as it increased net operating income guidance Its July Q2 2021 net field sales estimates stood at 9,598 boepd, including its Wapiti and South Simonette acquisit.....

I3 Energy: Two wells at Martin Hills now in production; Wapiti acquisition completed
July 30, 2021 12:38 AM AEST| By Team Kalkine MediaSummary I3 Energy’s two wells at Martin Hills are now in production, and the clean-up process is currently underway. The company has also completed the Wapiti production acquisition, effective 1 April 2021. The company reported 09-.....
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I3 Energy continues to march ahead with a robust strategy
July 23, 2021 11:38 PM AEST| By Team Kalkine MediaSummary Energy firm I3 Energy has emerged as a strong player in the oil and gas industry. The firm’s Martin Hills’ second well operational updates and Cenovus Energy asset acquisition highlight the continuing execution of its .....
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I3 Energy announces completion of drilling at second Martin Hills well
July 16, 2021 12:35 AM AEST| By Team Kalkine MediaSummary I3 Energy has completed the drilling of its second well at Marten Hills, 02-12-075-26W4. With this, the first phase of drilling at this acreage in Alberta, Canada, is complete. Production at this and another well, whose drilling w.....
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I3 Energy: What is transpiring a continuous surge in stock prices?
July 15, 2021 10:00 PM AEST| By Team Kalkine MediaAIM/TSX-listed independent oil and gas company I3 Energy PLC’s (LON: I3E) (TSX: ITE) shares have risen sharply by around 34 per cent in the last one month, from GBX 8.70 on 14 June to GBX 11.63 on 12 July. The shares have risen by a huge 107......
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D-Day: I3 Energy announces maiden dividend and successful corporate strategy execution
July 08, 2021 10:44 PM AEST| By Team Kalkine MediaSummary AIM-listed energy company I3 Energy (LON: I3E) announced its maiden special dividend after court cancelled its share premium account. The dividend payout of 0.16 pence per share is scheduled for 6 August, while its ex-dividend date is 1.....
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I3 Energy’s Canadian acquisition to enhance production, strengthen financials
July 08, 2021 12:42 AM AEST| By Team Kalkine MediaSummary Independent energy company I3 Energy announced the asset acquisition of Canadian energy company Cenovus Energy Inc to expand its production in central Alberta core are for CA$ 65 million. I3 Energy raised at least £40 million via .....

I3 Energy improves Q2 production, finishes drilling in first Marten Hills well
July 05, 2021 08:37 PM AEST| By Team Kalkine MediaSummary I3 Energy, an AIM-listed energy company, announced in an operational update that its Q2 production has improved over Q1, and it has completed drilling at its first well site in Marten Hills. The company reported its production in Q2 202.....
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After court clearance, i3 Energy plc all set to announce its maiden dividend
July 01, 2021 09:58 PM AEST| By Team Kalkine MediaSummary The High Court of Justice of England and Wales has approved the cancellation of i3 Energy's share premium account, paving the way for the maiden dividend. After getting confirmation from the Registrar of Companies final Ex-d.....