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Maha Energy AB announces December 31st, 2022 Reserve Report

Published: February 3, 2023

McDaniel & Associates Consultants Ltd. (“McDaniel”) has completed their first annual reserve and resource determination for Maha Energy AB (publ)...

Source: globenewswire.com

UK: Orcadian Energy announces proposed placing to raise approx. GBP 0.5m

Published: February 1, 2023

AIM-listed Orcadian Energy has announced its intention to raise gross proceeds of approx. £0.5 million by means of a placing of new Ordinary Shares to certain institutional and other investors. Net proceeds will be applied to fund progress towards the Pilot Licence Field Development Plan, Licence fees and or general working capital purposes.

Source: energy-pedia.com

UK: UKOG provides update on PEDL234 Loxley gas discovery

Published: February 1, 2023

UK Oil & Gas (UKOG) has announced that the North Sea Transition Authority ('NSTA') has granted its consent to a modified PEDL234 Retention Area work programme. The revision will permit the Company to focus licence activities entirely upon the acceleration of the planned appraisal campaign of its material 100%-owned Loxley gas discovery.

Source: energy-pedia.com