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Valeura Energy Inc. Announces Record Reserves and Resources at Year-End 2024
Oil, Gas & EnergyRegulatory

Valeura Energy Inc. Announces Record Reserves and Resources at Year-End 2024

February 13, 2025 2:00 AM

Valeura Energy Inc.(TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce the results of its third-party independent reserves and resources assessment as at year-end 2024.HighlightsRecord high year-end reserves: 32 MMbbl proved (1P), 50 MMbbl proved plus probable (2P) and 60 MMbbl proved plus probable plus possible (3P) reserves;2P reserves replacement ratio of 245% even after annual production increase of 12%;2P reserves and...

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Made in America, Built for the World: QS Energy Moves Closer to Global Commercialization with AOT Technology
Oil, Gas & EnergyCompany Update

Made in America, Built for the World: QS Energy Moves Closer to Global Commercialization with AOT Technology

February 12, 2025 9:00 AM

Breakthrough Viscosity-Reduction Technology Positions Company for Large-Scale CommercializationTOMBALL, TX / ACCESS Newswire / February 12, 2025 / QS Energy, Inc. (OTCQB:QSEP) - The global energy sector stands at a crossroads. Nations rich in crude resources are grappling with aging infrastructure, rising transport costs, and increasing regulatory pressure to modernize. At the heart of this transformation is QS Energy, Inc. (OTCQB:QSEP), an...

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ROK Resources Announces Rapid Debt Reduction, Provides Operations Update and 2024 Year-End Reserves
Oil, Gas & EnergyCompany Update

ROK Resources Announces Rapid Debt Reduction, Provides Operations Update and 2024 Year-End Reserves

February 12, 2025 7:30 AM

REGINA, SK / ACCESS Newswire / February 12, 2025 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce expedited debt reduction through 2024 and provide an operations update and results of its 2024 year end reserves.In 2024, the Company delivered on disciplined capital allocation with the primary goals of further enhancing its already stable balance sheet and strengthening the Company's base production. The...

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Ascendant Resources Announces Closing of First Tranche of Private Placement
Oil, Gas & EnergyCompany Update

Ascendant Resources Announces Closing of First Tranche of Private Placement

February 11, 2025 5:00 PM

TORONTO, ON / ACCESS Newswire / February 11, 2025 / Ascendant Resources Inc. (TSX:ASND) ("Ascendant" or the "Company") is pleased to announce closing of the first tranche ("First Tranche(TSX:ASND) ("Ascendant" or the "Company") is pleased to announce closing of the first tranche ("First Tranche") of the private placement (the "Placement") previously announced on February 3, 2025 in connection with the arrangement agreement (the "Arrangement...

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AFVi Strengthens CNG Safety by Certifying 441 New Fuel System Inspectors
Oil, Gas & EnergyCompany Update

AFVi Strengthens CNG Safety by Certifying 441 New Fuel System Inspectors

February 11, 2025 10:00 AM

AFVi is proud to spotlight its continued leadership in promoting compressed natural gas (CNG) safety through workforce development and certification. With the successful launch of the Cummins CNG Master Tech Qualification Program and the certification of 441 new CNG fuel system inspectors in 2024, AFVi is setting new standards for safety and operational excellence in the alternative fuels industry.A Legacy of CNG SafetySince the program's...

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Patterson-UTI Reports Drilling Activity for January 2025
Oil, Gas & EnergyCompany Update

Patterson-UTI Reports Drilling Activity for January 2025

February 11, 2025 9:10 AM

PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to...

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Linear Minerals Intersects Three Spodumene Pegmatites With Over 1% Lithium Oxide
Oil, Gas & EnergyCompany Update

Linear Minerals Intersects Three Spodumene Pegmatites With Over 1% Lithium Oxide

February 11, 2025 8:30 AM

Linear Minerals Corp. ("formerly FE Battery Metals Corp") (CSE:LINE)(OTCQB:FEMFF)(WKN:A2J C89) ("Linear" or the "Company) is pleased to announce results of Drill Holes LC24-90 from 2024 exploratory drill program at its Augustus Lithium Property in Quebec, Canada. The drill hole LC24-90 intersected three spodumene bearing lithium pegmatites of variable widths with grade over 1 percent (%) lithium oxide (Li2O). There are anomalous values of other...

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EON Resources Inc. Announces Agreement With Seller Will: Restructure Balance Sheet; Eliminate Approximately $40MM in Debt and Obligations; Purchase the 10% Overriding Royalty Interest in the Property
Oil, Gas & EnergyFinancing

EON Resources Inc. Announces Agreement With Seller Will: Restructure Balance Sheet; Eliminate Approximately $40MM in Debt and Obligations; Purchase the 10% Overriding Royalty Interest in the Property

February 11, 2025 7:45 AM

EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") announced it has entered into an agreement with Pogo Royalty, LLC ("Pogo" or "Seller") that would result in a restructure of EON's balance sheet through (a) the retirement of a promissory note to Seller having an original principal amount of $15,000,000, (b) the purchase of a 10% Overriding Royalty Interest ("ORRI") in the Company's oil field property from Seller and (c) the...

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Ur-Energy Provides Production and Construction Updates Including its Leadership Position as a Strategic Producer of US Uranium
Oil, Gas & EnergyCompany Update

Ur-Energy Provides Production and Construction Updates Including its Leadership Position as a Strategic Producer of US Uranium

February 10, 2025 5:05 PM

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") provides the following updates on the growing strategic importance of its leading US production portfolio anchored by its operating Lost Creek ISR uranium project and near-term production growth from the addition of its Shirley Basin ISR project currently under construction.Production at Lost Creek continues to grow as set forth below. In 2025, we look forward to the...

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Xtra Energy Corp. Reveals Positive Petrological Data, Reinforcing Bernice Canyon Antimony Potential with New Mineral Study Results
Oil, Gas & EnergyCompany Update

Xtra Energy Corp. Reveals Positive Petrological Data, Reinforcing Bernice Canyon Antimony Potential with New Mineral Study Results

February 10, 2025 9:00 AM

Xtra Energy Corp. (OTC Pink:XTPT) a leading antimony exploration company, is pleased to share the results of a mineralogical/petrological study of the antimony-bearing rocks from its Bernice Canyon project located in Churchill County, Nevada. The results reveal that 3 styles of antimony mineralization are associated with a felsite dike that has been subjected to multiphase quartz-sericite-pyrite (QSP) alteration. Petrographic and scanning...

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Primary Hydrogen Appoints Peter Lauder as VP Exploration
Oil, Gas & EnergyManagement Changes

Primary Hydrogen Appoints Peter Lauder as VP Exploration

February 10, 2025 6:00 AM

Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the "Company" or "Primary"), a leading junior exploration company focused on unlocking the potential of natural hydrogen resources, is pleased to announce the appointment of Peter Lauder as Vice President of Exploration, effective immediately.Mr. Lauder is a highly experienced mine and exploration geologist with over 25 years of expertise in designing, implementing, and managing...

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RelaDyne Announces Chief Executive Officer, Eric Royse
Oil, Gas & EnergyCompany Update

RelaDyne Announces Chief Executive Officer, Eric Royse

February 6, 2025 4:45 PM

Eric has a demonstrated history of performance in all facets of sales and operations, with a passion for leading, developing, and winning with great people. As a leader in change management, he has driven cultural transformations and high-powered teams while scaling operations. With a decade of private equity executive experience delivering significant value generation, and extensive experience in acquisition strategy and execution, we are...

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First Two Modular Data Centres Online At Pathfinder Lease in Colorado
Oil, Gas & EnergyCompany Update

First Two Modular Data Centres Online At Pathfinder Lease in Colorado

February 6, 2025 9:00 AM

AXP Energy Limited (ASX:AXP)(OTC PINK:AUNXF), (‘AXP', ‘Company') is pleased to confirm that following the receipt of permits from the State of Colorado, the first two modular data centres at the Pathfinder #2 well site are online with bitcoin mining operations underway under the Joint Development Agreement (‘JDA') with US-based Blackhart Technologies Limited (‘Blackhart'). The two MDCs are powered by AXP's natural gas from the Pathfinder #2 well...

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South Plains Petroleum, Inc. Accepts Metawells Oil and Gas, Inc. Merger Offer
Oil, Gas & EnergyMergers and Acquisitions

South Plains Petroleum, Inc. Accepts Metawells Oil and Gas, Inc. Merger Offer

February 6, 2025 9:00 AM

Ron Minsky, Chairman and CEO of Metawells Oil and Gas Inc. (OTC PINK:KOSK), announced today that South Plains Petroleum, Inc's Board of Directors voted unanimously to accept the Corporate Combination Agreement to reorganize and combine the two Companies.Joe D'Amico, Chairman and CEO of South Plains Petroleum, Inc., (www.southplainspetroleuminc.com) who recently joined the Board of Metawells, reported that the committee of independent South...

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Thermon Reports Third Quarter Fiscal 2025 Results
Oil, Gas & EnergyEarnings

Thermon Reports Third Quarter Fiscal 2025 Results

February 6, 2025 7:00 AM

Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the third quarter ("Q3 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025").THIRD QUARTER 2025 HIGHLIGHTS(all comparisons versus the prior year period unless otherwise noted)Revenue of $134.4 million, (1.5)%Gross profit of $62.1 million, +8.2%; Gross Margin of 46.2%Net...

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Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2024
Oil, Gas & EnergyCompany Update

Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2024

February 5, 2025 6:20 PM

PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2024.Fourth Quarter 2024 Financial ResultsTotal revenue of $1.2 billionNet loss attributable to common stockholders of $52 million, or $0.13 per shareIncludes $3 million in merger and integration expensesAdjusted EBITDA of $225 millionExcludes merger and integration expensesOther Key ItemsFull year 2024 Cash from Operations of $1.2...

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Primary Hydrogen Provides Update on Exchange Listings
Oil, Gas & EnergyCompany Update

Primary Hydrogen Provides Update on Exchange Listings

February 5, 2025 6:00 AM

Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the "Company" or "Primary") is pleased to provide an update on the various exchanges for which the Company's shares are quoted. The Company's shares currently trade on the Frankfurt Stock Exchange (the "FSE") under the symbol "83W0" and on the OTCQB Venture Market (the "OTCQB") under the symbol "HNATF", in addition to the TSX Venture Exchange under the symbol "HDRO"."The quotation on...

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Prysmian Announces TransPowr(R) Bare Aluminum Conductors Available with Reduced Carbon Emission Technology, Recognized with Environmental Product Declarations
Oil, Gas & EnergyCompany Update

Prysmian Announces TransPowr(R) Bare Aluminum Conductors Available with Reduced Carbon Emission Technology, Recognized with Environmental Product Declarations

February 4, 2025 9:00 AM

Prysmian, a world leader in the energy transition and digital transformation, is now producing all TransPowr® bare aluminum conductors using green and recycled materials, including low carbon aluminum and recycled steel.Prysmian was recently recognized with Environmental Product Declarations (EPDs), verified and published by ASTM International, which certifies information on a number of environmental impacts over the expected life of the...

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Australian Gold Reagents to Expand Sodium Cyanide Plant
Oil, Gas & EnergyProduct Announcements

Australian Gold Reagents to Expand Sodium Cyanide Plant

February 4, 2025 6:00 AM

Australian Gold Reagents' (AGR) Board has made a final investment decision to proceed with the expansion of its sodium cyanide production facility in Kwinana, Western Australia, positioning AGR as one of the world's largest sodium cyanide producers for the gold mining industry.AGR General Manager Barney Jones said the expansion would enable the business to meet the growing global demand for sodium cyanide for gold mining operations, while...

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Bird River Announces Closing Of Financing For Gross Proceeds Of Approximately $410,000
Oil, Gas & EnergyCompany Update

Bird River Announces Closing Of Financing For Gross Proceeds Of Approximately $410,000

February 3, 2025 4:10 PM

Bird River Resources Inc. (the "Company") (CSE:BDR) announces that it has closed its previously announced non-brokered best efforts private placement financing (the "Offering") of common shares in the capital of the Company (the "Common Shares") for aggregate gross proceeds of approximately $410,955.All currency references in the news release are in Canadian currency unless otherwise noted.The Offering consisted of the issuance of 10,273,881...

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