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NESR Announces Resignation of Board Member
Oil, Gas & EnergyRegulatory

NESR Announces Resignation of Board Member

June 7, 2024 4:10 PM

HOUSTON, TX / ACCESSWIRE / June 7, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") (OTC PINK:NESR)(OTC PINK:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that on June 5th, 2024, the Board of Directors of NESR accepted the resignation of Board member, Mr. Thomas Wood, effective immediately. Mr. Wood will not be...

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Via Renewables, Inc. Shareholders Vote to Approve Merger and Related Matters at Special Meeting
Oil, Gas & EnergyPartnerships

Via Renewables, Inc. Shareholders Vote to Approve Merger and Related Matters at Special Meeting

June 7, 2024 1:05 PM

HOUSTON, TX / ACCESSWIRE / June 7, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA; VIASP), an independent retail energy services company, announced today that at its special meeting of shareholders held earlier today, the Company's shareholders voted, among other things, in favor of the proposals to: (i) approve the Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the...

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Diversified Energy Announces Completion of Acquisition & Credit Facility Upsize
Oil, Gas & EnergyCompany Update

Diversified Energy Announces Completion of Acquisition & Credit Facility Upsize

June 7, 2024 7:00 AM

BIRMINGHAM, AL / ACCESSWIRE / June 7, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company) announces the closing of its acquisition of the proportionate working interest in certain assets within the Company's Central Region (the "Assets") from Oaktree Capital Management ("Oaktree"), as announced on March 19, 2024 (the "Acquisition"). Concurrently, the Company also completed an acquisition-related...

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Patterson-UTI Reports Drilling Activity for May 2024
Oil, Gas & EnergyCompany Update

Patterson-UTI Reports Drilling Activity for May 2024

June 6, 2024 5:10 PM

HOUSTON, TX / ACCESSWIRE / June 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2024, the Company had an average of 114 drilling rigs operating in the United States. For the two months ended May 31, 2024, the Company had an average of 115 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the...

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Valeura Energy Inc. Announces Upstream Company and Executive of the Year Awards
Oil, Gas & EnergyCompany Update

Valeura Energy Inc. Announces Upstream Company and Executive of the Year Awards

June 6, 2024 5:15 AM

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), is pleased to announce that the Energy Council has awarded Valeura the Upstream Company of the Year award, and has selected Dr. Sean Guest, President and CEO, as Executive of the Year.The awards were announced on June 5, 2024 at the Asia Pacific Energy Capital Assembly and Awards Dinner in Singapore, which assesses regional expertise and awards the top performers amongst...

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Commerce Resources Corp. Announces Private Placement  of Flow-Through Units to Raise Gross Proceeds of up to $5,040,000
Oil, Gas & EnergyCompany Update

Commerce Resources Corp. Announces Private Placement of Flow-Through Units to Raise Gross Proceeds of up to $5,040,000

June 6, 2024 3:05 AM

VANCOUVER, BC / ACCESSWIRE / June 6, 2024 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H0) (the "Company" or "Commerce") is pleased to announce a non-brokered private placement offering of up to 28,000,000 charity flow-through units (each, a "FT Unit") at a price of $0.18 per FT Unit for aggregate gross proceeds of up to $5,040,000 (the "Offering"). Each FT Unit will be comprised of one common share in the capital of the Company (each, a "FT...

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POPLAR CREEK RESOURCES INC. Announces Default Status Report
Oil, Gas & EnergyCompany Update

POPLAR CREEK RESOURCES INC. Announces Default Status Report

June 5, 2024 4:45 PM

Poplar Creek Resources Inc. (the "Corporation") is providing this bi-weekly Default Status Report in accordance with National Policy 12-203 ("NP 12-203"). On May 8, 2024, the Corporation announced (the "Default Notice") that it would be unable to file its annual audited financial statements, management's discussion and analysis and related Chief Executive Officer and Chief Financial Officer certificates (the "Required Filings") before the April...

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Camber Expands Its Retail Investor Reach
Oil, Gas & EnergyCompany Update

Camber Expands Its Retail Investor Reach

June 5, 2024 8:30 AM

Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") announces it has joined Webull's Corporate Communications Service Platform in an effort to expand direct communication lines between the Company and its retail investors.Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission, and a member of FINRA, offers an all-in-one self-directed investment platform geared directly towards the retail...

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Eco Atlantic Farms Into Block 1 Offshore South Africa
Oil, Gas & EnergyRegulatory

Eco Atlantic Farms Into Block 1 Offshore South Africa

June 5, 2024 2:00 AM

Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces the Farm-In into Block 1 Offshore South Africa Orange Basin. Through its 100% owned subsidiary Azinam South Africa Limited ("Azinam"), the Company will farm-in and acquire a 75% Working Interest ("WI") from Tosaco Energy (Proprietary) Limited ("Tosaco") and will become Operator of a new Exploration Right (the...

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MCAPM, LP Acquires Convertible Debenture of NXT Energy Solutions Inc.
Oil, Gas & EnergyRegulatory

MCAPM, LP Acquires Convertible Debenture of NXT Energy Solutions Inc.

June 3, 2024 5:00 PM

MCAPM, LP announced today that on May 31, 2024, it subscribed for and received an aggregate principal amount of US$2,000,000 (approximately CDN$2,680,000) of unsecured convertible debentures (the "Debentures") of NXT Energy Solutions Inc. (TSX:SFD) ("NXT") in a non-brokered private placement. The Debentures bear interest at 10.0% per annum and are due and payable in full on May 31, 2026. The Debentures are convertible into common shares in the...

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ONESTONE HOLDINGS Achieves Breakthrough in Green Hydrogen Production at Sea With Vertical Wind Turbines
Oil, Gas & EnergyCompany Update

ONESTONE HOLDINGS Achieves Breakthrough in Green Hydrogen Production at Sea With Vertical Wind Turbines

June 3, 2024 9:00 AM

ONESTONE Paves the Way for Affordable, Sustainable Green Energy: Revolutionizing Clean Energy Production and Delivery at SeaCOOS BAY, OR / ACCESSWIRE / June 3, 2024 / In a significant development for the clean energy sector, ONESTONE HOLDINGS announced today the successful production of green hydrogen on a ship equipped with innovative vertical wind turbines. This groundbreaking achievement represents a major leap forward in harnessing renewable...

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Camber Energy Receives Notice of Allowance for Additional Patent in Portfolio of Wildfire Mitigation Technologies
Oil, Gas & EnergyCompany Update

Camber Energy Receives Notice of Allowance for Additional Patent in Portfolio of Wildfire Mitigation Technologies

June 3, 2024 8:30 AM

Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company"), today announced receipt of a Notice of Allowance from the United States Patent & Trademark Office ("USPTO") for patent application No. 17/300,485 titled "End of Line Protection with Trip Signal Engaging", which is expected to be issued in the coming weeks and is in addition to the patents previously announced by the Company within its portfolio of wildfire mitigation...

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Diversified Energy Closes Market Leading Securitized Financing
Oil, Gas & EnergyFinancing

Diversified Energy Closes Market Leading Securitized Financing

June 3, 2024 7:00 AM

Solidifies Standing as the First, Largest and Consistent Performing Issuer of PDP Oil & Gas SecuritizationsBIRMINGHAM, AL / ACCESSWIRE / June 3, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that on May 30, 2024, the Company closed on an asset backed securitization ("ABS") refinancing, creating the ABSVIII note (the "Transaction"). Diversified will use the proceeds from the...

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NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture
Oil, Gas & EnergyFinancing

NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture

June 3, 2024 7:00 AM

NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has issued convertible debentures (the "Debentures") to MCAPM LP for the principal amount of US$2,000,000, being approximately CDN$2,742,800, pursuant to the terms of a subscription agreement with NXT. The Toronto Stock Exchange (the "TSX") has provided conditional approval of the private placement. The Debentures bear interest at 10.0% per annum,...

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Texas Steel Conversion, Inc. Announces New Internal Plastic Coating Facility
Oil, Gas & EnergyCompany Update

Texas Steel Conversion, Inc. Announces New Internal Plastic Coating Facility

May 31, 2024 10:10 AM

HOUSTON, TX / ACCESSWIRE / May 31, 2024 / Texas Steel Conversion, Inc. (TSC), a leader in steel tubular processing and drill pipe manufacturing, is proud to announce the installation of a state-of-the-art internal plastic coating (IPC) line at its Miller Road plant in Northeast Houston. This significant investment reinforces TSC's commitment to innovation and customer service excellence in the oil and gas industry. Texas Steel Conversion, Inc....

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CESI: Nicola Melchiotti Appointed as New CEO, Guido Bortoni Confirmed as Chairman
Oil, Gas & EnergyCompany Update

CESI: Nicola Melchiotti Appointed as New CEO, Guido Bortoni Confirmed as Chairman

May 31, 2024 8:15 AM

MILAN / ACCESSWIRE / May 31, 2024 / Today, under the leadership of Guido Bortoni, who has been confirmed as Chairman, the first meeting of the new Board of Directors of CESI S.p.A. took place. The Board was renewed on May 29 by the Ordinary Shareholders' Meeting. New CESI CEO Mr. Nicola Melchiotti, appointed as new CEO of CESI During the meeting, Nicola Melchiotti was appointed as the new Chief Executive Officer (CEO) of the Group for the...

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Loop Energy Announces TSX Continued Listing Review and Provides Update on the Strategic Review Process
Oil, Gas & EnergyCompany Update

Loop Energy Announces TSX Continued Listing Review and Provides Update on the Strategic Review Process

May 31, 2024 6:30 AM

Loop Energy™ Inc. ("Loop" or the "Company") (TSX:LPEN) today provides the following update:The Company has received a letter from the Toronto Stock Exchange (the "TSX") advising the Company that it is reviewing the eligibility for the continued listing on the TSX and that a TSX Listing Committee meeting has been scheduled for September 20, 2024 for that purpose.In order to extend its limited financial resources, the Company has further reduced...

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TEVERRA Receives Grant for Sustainable Development Through Natural Geothermal Energy Project
Oil, Gas & EnergyEnvironmental, Social and Governance

TEVERRA Receives Grant for Sustainable Development Through Natural Geothermal Energy Project

May 30, 2024 12:15 PM

Empowering Rico, Colorado, With Geothermal EnergyATLANTA, GA / ACCESSWIRE / May 30, 2024 / Teverra, LLC, a leading advocate for sustainable energy solutions, has been awarded a grant to spearhead the implementation of a Natural Geothermal Augmented Thermal Energy Network in Rico, Colorado. This groundbreaking initiative aims to revolutionize energy consumption in the region while preserving the unique heritage and values of this small mountain...

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United States Department of Energy, Loan Programs Office has $72 Billion Loan Authority for the Development of Critical Minerals, including Lithium
Oil, Gas & EnergyCompany Update

United States Department of Energy, Loan Programs Office has $72 Billion Loan Authority for the Development of Critical Minerals, including Lithium

May 30, 2024 9:00 AM

PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today the United States Department of Energy, Loan Programs Office has established a $ 72 Billion Loan Authority for the development of critical minerals, including lithium.With this program the Federal Government is encouraging and supporting domestic mining to strengthen energy and supply chains for these critical minerals. The "American Battery Materials Initiative" makes clear the...

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PetroSun Announced today the appointment of Dr R Gerald Bailey, former President of Exxon - Arabian Gulf, as Executive Vice President of the Company
Oil, Gas & EnergyManagement Changes

PetroSun Announced today the appointment of Dr R Gerald Bailey, former President of Exxon - Arabian Gulf, as Executive Vice President of the Company

May 29, 2024 11:30 AM

PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today the appointment of Dr R. Gerald Bailey to the position of Executive Vice President of the company.Dr. Bailey has been actively involved with PetroSun for many years, and currently serves as a member of the Board of Directors. His experience in the Energy industry in executive roles makes him an outstanding addition to the management team of the company as we move into production and...

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