Despite this progress, the Canadian firm will likely wait for the Henry Hub gas price to rebound before continuing its well work, noted an Auctus Advisors report.
Having just completed a recapitalization, this Alberta-based oil and gas firm is "focused on unlocking significant value," noted a Research Capital Corp. report.
The success of this one well in Colombia has the Canadian operator testing additional nearby locations that may boost production, noted a Research Capital Corp. report.
The total production capacity at Orca Energy Group Inc.'s Songo Songo field was raised to between 150 MMcf/d and 155 MMcf/d, noted a Research Capital Corp. report.
Arrow Exploration Corp.'s Carrizales Norte-1 exploration well encountered a total of 148 feet of net oil pay measured depth (128 feet TVD) across three very high-quality sands, reported an Auctus Advisors research note.
This oil and gas company's consolidation of outstanding shares warrants a price target increase, to the tune of 900%, noted a Research Capital Corp. report.
An oil flow rate for this well in Egypt is expected to be announced this June after 30 days of production testing, noted a Research Capital Corp. report.
A recent research report predicts an increased share value of Panoro Energy ASA due to the company's pending acquisition of minority interest in its joint venture.
This Canadian oil and gas firm is well-positioned financially, such that it could pay off its debt this year and have cash left over to spend on growth or a return of capital program, noted a Research Capital Corp. report.
The oil and gas company working in Egypt is set to spud T100 in mid-2023 with stabilized flow rates in Q4 of this year, according to a Research Capital report.
Plans for this year call for drilling of several prospects, and each one that is successful would add value to the energy producer, noted an Auctus Advisors report.
The oil and gas firm will use these new data, when available, to design a horizontal well in the same Egyptian formation, noted a Research Capital Corp. report.
A revised risked contingent resource report reflects a 20% increase in value for this heavy oil asset in Alberta, Canada, noted a Research Capital Corp. report.