Oil, Gas, & Energy

PetroSun Announces a $2.5 Million Farmout Agreement With Pivot Point Energy, Inc. Including Holbrook Basin Targets of Helium, Oil and Natural Gas

May 14, 2024 9:00 AM

PHOENIX, AZ / ACCESSWIRE / May 14, 2024 / PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today that a new Farmout Agreement has been reached with Pivot Point Energy, Inc covering approximately 207,663 acres located in the Holbrook Basin of Navajo and Coconino counties. A previous agreement with the Company covering this acreage was dated May 18, 2023 with JAYD Ventures LLC and has been in default and was terminated on April 30, 2024....

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Diversified Energy Announces Upcoming Investor Engagement

May 14, 2024 7:00 AM

BIRMINGHAM, AL / ACCESSWIRE / May 14, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces plans for members of its management team to participate in the following upcoming investor meetings and conferences: Stifel Investor Meetings- Wednesday, May 23, Dallas Rusty Hutson (CEO), Brad Gray (CFO) and Douglas Kris (SVP-IR & Corporate Communications) Louisiana Energy Conference- Wednesday, May 29th &...

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Green Energy Park and Eletrobras Sign Agreement to Collaborate in Renewable Hydrogen Production in Brazil

May 14, 2024 6:20 AM

Green Energy Park (GEP) is implementing one of the largest climate impact undertakings in the world. Eletrobras is the leading power utility and transmission company in Latin America, and one of the largest clean energy companies in the world. Together the companies have signed a Memorandum of Understanding (MoU) with the objective of achieving cost and technology leadership in the production of renewable hydrogen and hydrogen derivatives in...

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Touchstone Exploration Announces First Quarter 2024 Financial and Operating Results and Provides an Operational Update

May 14, 2024 2:00 AM

Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) reports its financial and operating results for the three months ended March 31, 2024 and provides an operational update. Selected financial information is outlined below and should be read in conjunction with our March 31, 2024 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which...

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PetroSun Issues Helium Program Update and Announces Estimated Helium Reserves in Holbrook Basin of $4.7 Billion

May 13, 2024 11:50 AM

PHOENIX, AZ / ACCESSWIRE / May 13, 2024 / PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today two separate transactions that provided assignments of Oil, Gas and Helium working interests in the Central Holbrook Basin to Exodus Energy, Inc and Pivot Point Energy, Inc. The working interest covers 11,430.53 acres of ASLD leases, subject to the working interest partners respective participation. The working interest acquired by the parties...

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Central Puerto 1Q24 Earnings Release

May 13, 2024 10:45 AM

BUENOS AIRES, ARGENTINA / ACCESSWIRE / May 13, 2024 / Central Puerto S.A ("Central Puerto" or the "Company") (NYSE:CEPU), the largest private sector power generation companies in Argentina, reports its consolidated financial results for the First Quarter 2024 ("1Q24"), ended on March 31st, 2024. A conference call to discuss the 1Q24 results will be held on May 13th, 2024, at 11 AM Eastern Time (see details below). All information provided is...

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Camber Reports Q1 Revenue of $8.3M & $20.2M of Stockholders' Equity

May 13, 2024 8:30 AM

HOUSTON, TX / ACCESSWIRE / May 13, 2024 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") filed on May 10, 2024 its quarterly report on Form 10-Q for the quarter ended 3/31/2024, and is pleased to share a comparison of revenues reported in Q-1 2024 versus revenues reported by the Company in Q-1 for the preceding few years, demonstrating growth following the closing of CEI's merger with Viking Energy Group, Inc. Q-1 Revenue...

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Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAE

May 13, 2024 1:01 AM

PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi. Subject to the execution of definitive agreements and any necessary regulatory approvals,...

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Saville Announces Increase of Private Placement

May 10, 2024 4:05 PM

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / May 10, 2024 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (the "Company") announce it has increased the proposed size of its previously announced non-brokered private placement (see press release of May 1, 2024 for further details) to a new maximum of up to 20,000,000 units ("Units") at a price of $0.05 per Unit for...

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Valeura Energy Inc Announces Result of AGM

May 10, 2024 2:00 AM

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Corporation"), an upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to provide the voting results from its annual and special meeting of shareholders held on May 9, 2024. Shareholders voted on and approved the following proposals: (1) the appointment of Deloitte & Touche LLP as the auditors of the Corporation, (2) the...

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Poplar Creek Resources Inc. Announces Resignation of Auditor

May 9, 2024 5:45 PM

Poplar Creek Resources Inc. (the "Corporation") announces that Buchannan Barry LLP (the "Predecessor Auditor") has resigned as auditor of the Corporation. The Change of Auditor Notice (the "Notice") delivered by the Corporation to the Predecessor Auditor stated that: the Predecessor Auditor resigned on its own initiative; the resignation of the Predecessor Auditor was considered by the Corporation's board of directors; the Predecessor Auditor's...

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OneH2 Launches 931 Bar High-Pressure Tube Trailers for Hydrogen Delivery

May 9, 2024 12:00 PM

LONGVIEW, NC / ACCESSWIRE / May 9, 2024 / North Carolina-based OneH2, Inc. launches new cylinder technology for 931 bar high-pressure hydrogen tube trailers. The cylinder technology, a culmination of several years of development and investment, operates under a unique special permit issued by the U.S. Department of Transport for use on roads. While OneH2 has been operating fleets of 520 bar hydrogen transport trailers for materials handling...

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Victory Clean Energy’s Subsidiary H2EG to Attend ACT Expo 2024 and Present at the Best Ideas Dinner

May 9, 2024 9:00 AM

Showcasing the Industry's Lowest Cost TrueGreen Hydrogen™ Production Solutions AUSTIN, TX / ACCESSWIRE / May 9, 2024 / Victory Clean Energy (OTC PINK:VYEY) ("Victory" or the "Company"), a leader in the green hydrogen energy sector, is pleased to announce that its wholly owned subsidiary H2 Energy Group ("H2EG") will be attending the Advanced Clean Technology Expo | May 20-23 at the Las Vegas Convention Center - Booth #744. "Our innovative...

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Vivakor Regains Compliance with Nasdaq Minimum Bid Price Requirement

May 9, 2024 8:30 AM

DALLAS, TX / ACCESSWIRE / May 9, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, today announced that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 10 consecutive business days from April 19 to May 2, 2024, the Company has...

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Camber Energy Announces Shipment of Power Generation Systems

May 9, 2024 8:30 AM

Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") is pleased to announce the recent shipment of certain power generation products, including multiple custom generator sets, by its majority owned subsidiary, Simson-Maxwell, Ltd., a leading manufacturer and supplier of power generation products, services and custom energy solutions. Details of certain shipments in Q-2 are as follows: About Simson-Maxwell Ltd. Simson-Maxwell...

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ENGlobal Announces First Quarter 2024 Financial and Operating Results

May 9, 2024 7:00 AM

HOUSTON, TX / ACCESSWIRE / May 9, 2024 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced it has filed its first quarter 2024 report on Form 10-Q with the U.S. Securities and Exchange Commission for the three-months ended March 30, 2024. The report details ENGlobal's financial and operational results. "ENGlobal continued to make progress in repositioning its...

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Diversified Energy Reports Solid First Quarter and Benefits from Expansion of NGL Processing Capabilities

May 9, 2024 6:00 AM

Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce it is trading in line with expectations and provides the following operations and trading update for the quarter ended March 31, 2024. In addition, the Company is providing an update on its Black Bear processing facility. Delivering Reliable Results Recorded average 1Q24 production of 723 MMcfepd (121 Mboepd) Exit rate of 742 MMcfepd (124 Mboepd) Production essentially...

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Poplar Creek Resources Inc. Announces Application for Management Cease Trade Order

May 8, 2024 6:00 PM

CALGARY, AB / ACCESSWIRE / May 8, 2024 / Poplar Creek Resources Inc. (the "Corporation") announces that it has made an application to the Alberta Securities Commission, as principal regulator, to approve a temporary management cease trade order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203"), which, if granted, will prohibit trading in securities of the Corporation, whether direct or indirect, by the Chief...

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Tecogen Announces First Quarter 2024 Results

May 8, 2024 5:00 PM

Revenues of $6.2 million - 15% QoQ increase NORTH BILLERICA, MA / ACCESSWIRE / May 8, 2024 / Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.2 million and net loss of $1.1 million for the quarter ended March 31, 2024 compared to revenues of $5.4 million, and a net loss of $1.5 million in 2023. We generated $0.2 million in cash from operations during the quarter and ended the quarter with a cash...

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Xtra Energy Corp. Engages Avrom Howard, MSc, PGeo, to Conduct a NI 43-101 Technical Report on the American Antimony Project near Eastgate, Nevada

May 8, 2024 9:25 AM

Xtra Energy Corp. (OTC Pink:XTPT) is pleased to announce that it has engaged Avrom E. Howard, MSc, PGeo, to prepare a technical report on XTPT's American Antimony Project in accordance with the guidelines and requirements of National Instrument 43-101. This marks a significant step forward in the exploration and potential development of the American Antimony Project. "American Antimony" is located approximately 31 miles northeast of Eastgate,...

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