Oil, Gas, & Energy

Lincoln Gold and Eros Resources Provide Update on Bell Mountain Gold Project Transaction

August 16, 2024 6:40 PM

Lincoln Gold Mining Inc. ("Lincoln") (TSXV:LMG) and Eros Resources Corp. ("Eros") announce that Lincoln and Eros continue to work towards satisfying the remaining conditions to completing Lincoln's proposed acquisition of Eros' Bell Mountain gold project, located in Churchill County, Nevada (the "Transaction"). The Transaction is governed by a purchase agreement dated November 3, 2023, as amended on January 8, 2024, March 15, 2024, May 31, 2024...

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Diversified Energy Completes Crescent Pass Acquisition

August 16, 2024 7:00 AM

Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces the closing of its acquisition of the of high-working interest, operated natural gas properties and related facilities located within eastern Texas (the "Assets") from Crescent Pass Energy (the "Seller") (the "Acquisition"). Acquisition Highlights Purchase price of $106 million before customary purchase price adjustments Acquisition net purchase price...

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Nexera Provides Update#2 on Delayed Filing of Annual Financial Statements and MD&A and Management Cease Trade Order

August 15, 2024 3:30 PM

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / August 15, 2024 / Nexera Energy Inc. (TSX Venture:NGY)(OTC Pink:EMBYF) (the "Corporation", the "Company" or "Nexera") is providing a bi-weekly default status report (the "Default Status Report") in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"). On July 16, 2024, the Company announced (the "Default Announcement") that, for the reasons disclosed in the Default...

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HNR Acquisition Corp Announces Upgrading Satellite Test Stations for Improved Reliability, Operational Efficiencies and Increased Production

August 15, 2024 2:00 PM

HOUSTON, TX / ACCESSWIRE / August 15, 2024 / HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to the well testing capabilities at the satellite stations and the purchase of two portable well testing units. The Company has improved and upgraded satellite test...

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HNR Acquisition Corp Increases Electrical Capacity and Improves Reliability with Electrical Upgrades

August 15, 2024 11:00 AM

HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to the electrical systems that will increase capacity for current needs and future growth, and enhance reliability of overall system which will provide consistency in performance and production. The field has three...

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QS Energy and VIPS Petroleum Forge Strategic Partnership to Enhance Oil Transport Efficiency

August 15, 2024 9:00 AM

QS Energy Inc. (OTCQB:QSEP), a leader in energy efficiency technology, and VIPS Petroleum LLC, a prominent player in the petroleum industry, are excited to announce a strategic collaboration as a result of positive MOU discussions with VIPS country and company clients. This partnership builds on the recent advancements announced by QS Energy in the commercialization of their Applied Oil Technology (AOT) device, which significantly improves the...

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HNR Acquisition Corp Announces Cost Reductions and Return of Wells to Production with Flowline Improvements

August 15, 2024 8:30 AM

HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to (i) flowlines for producing wells which will increase production, and (ii) flowlines for water injection systems which will reduce monthly costs by $30K. Production well flowlines: At acquisition close, we had 20...

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Pelangio Explores Potential for Near-Term Production at Manfo

August 15, 2024 8:30 AM

TORONTO, ON / ACCESSWIRE / August 15, 2024 / Pelangio Exploration Inc. (PX:TSX-V)(OTC PINK:PGXPF) ("Pelangio" or the "Company") is pleased to announce that it is currently evaluating the potential for near-term production at its Manfo gold project in Southwest Ghana. A review of the resource models of the three deposits at Manfo to determine the gold content and tenor of mineralization at shallow depths which could be exploited by open-pit...

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Diversified Energy Reports Solid 2024 Interim Financial Results and Robust Cash Flow from Operations

August 15, 2024 7:01 AM

Diversified Energy Company PLC (LSE:DEC) is pleased to announce it is trading in line with expectations and provides its Interim Results for the six months ended June 30, 2024 and other recent highlights. Delivering Reliable Results Average net daily production: 746 MMcfepd (124 Mboepd); Reflects effectively flat production volumes since 4Q2023, on a normalized basis(a) June 2024 exit rate of 855 MMcfepd (143 Mboepd), including the impact of the...

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Diversified Energy Announces Second Quarter Dividend

August 15, 2024 7:00 AM

Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 2Q24 for the three month period ended June 30, 2024. Key dates related to this dividend include: Record Date: November 29, 2024 Payment Date: December 27, 2024 Default Currency: US Dollar Currency Election Option: Sterling Last Date for Currency Election:...

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Valeura Energy Inc Announces Nong Yao C First Oil

August 15, 2024 2:00 AM

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand. The first three of the seven Nong Yao C development wells were opened up for oil production on August 15, 2024, with additional wells to be brought online successively thereafter. Ramp up of production volumes will...

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Ur-Energy to Present at August 20th Virtual Investor Summit Microcap Event

August 14, 2024 10:35 PM

Ur-Energy (URG) is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation. Event: Q3 Investor Summit Date: August 20th, 2024 Presentation Time: 3:00 pm ET Location: https://www.webcaster4.com/Webcast/Page/3062/51139 The...

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Blue Dolphin Reports Second Quarter 2024 Financial Results

August 14, 2024 7:41 PM

HOUSTON, TX / ACCESSWIRE / August 14, 2024 / Blue Dolphin Energy Company ("Blue Dolphin") (OTCQX:BDCO), an independent refiner and marketer of petroleum products in the Eagle Ford Shale region, announced its financial results for the three and six months ended June 30, 2024. Results of Operations For the three months ended June 30, 2024, Blue Dolphin reported a total gross deficit of $4.1 million, a net loss of $6.4 million, or a loss of $0.43...

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NXT Energy Solutions Announces Second Quarter 2024 Results

August 14, 2024 5:30 PM

CALGARY, AB / ACCESSWIRE / August 14, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) today announced the Company's financial and operating results for the quarter ended June 30, 2024. All dollar amounts herein are in Canadian Dollars unless otherwise identified. Financial and Operating Highlights Key financial and operational highlights during the second quarter of 2024 are summarized below: NXT announced the...

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PEDEVCO Announces Q2 2024 Financial Results and Operations Update

August 14, 2024 4:40 PM

PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and six months ended June 30, 2024, and provided an operations update. Key Financial and Operational Highlights Include: Produced an average of 2,010 barrels of oil equivalent per day ("BOEPD") (87% liquids) in the...

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HNR Acquisition Corp Announces 2nd Quarter 2024 Earnings Release and Conference Call on August 21, 2024

August 14, 2024 11:00 AM

HOUSTON, TX / ACCESSWIRE / August 14, 2024 / HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will hold a conference call on August 21, 2024 regarding its 2nd Quarter 2024 results. The Company's conference call will be held Wednesday, August 21, 2024, at 3:00 p.m. eastern time to review HNRA's financial results, discuss recent events and conduct a short...

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Atlantic Power & Infrastructure's Next Generation Agriculture Awarded EU Endorsement

August 14, 2024 7:00 AM

Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) is pleased to announce a major accomplishment of its wholly owned subsidiary, Next Generation Agriculture (NGAG). After many years of research and development, NGAG has just received the full European Union CE mark endorsement of its unique soil moisture regulating gel and crop yield boosting product ASCOGEL via its wholly owned Indian subsidiary company, NGAG Biotech Pvt Ltd. A pioneer in...

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Commerce Resources Corp. Closes Private Placement of 16,000,000 Units and Raises Gross Proceeds of $2,016,000

August 13, 2024 11:35 AM

Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0) (the "Company" or "Commerce") is pleased to announce that it has closed its previously announced non-brokered private placement offering of 16,000,000 units (each, a "Unit") at a price of $0.126 per Unit for gross proceeds of up to $2,016,000 (the "Offering"). Each Unit consists of one common share of the Company (each, a "Share") and one common share purchase warrant (each, a "Warrant"), with each...

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Sarama Resources Advances Acquisition of Gold Project in Western Australia

August 13, 2024 11:05 AM

Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR)(TSX-V:SWA) is pleased to announce that it has entered into a binding agreement to acquire a majority interest(1) in the Cosmo Newbery Gold Project (the "Project") in Western Australia (refer Figure 1). The 580km² project(2) covers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85km north-east of Laverton in a region known for its prolific gold endowment....

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Vivakor Forms Petroleum Marketing Division

August 13, 2024 8:45 AM

Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, has formed a new business unit, Vivakor Supply & Trading ("VST"), focusing on petroleum marketing operations. Vivakor management intends that VST will bolster operations, diversify revenue streams, and manage market risk at the Company's Delhi, Louisiana and Colorado City, Texas facilities through...

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