Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF), in a stock market statement, noted it has won an award for its ESG report for 2022.
"From the start, we've made a clear commitment to transparency along our ESG journey, and we continue to abide by and lean into that commitment,” said Teresa Odom, DEC’s vice president-sustainability.
Tanzania-focused Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced a temporary halt in its Tai-3 drilling operation due to technical difficulties.
The company's Epiroc Predator 220 drilling rig encountered a malfunction in its hydraulic system, impacting the performance of the iron roughneck mechanism, both of which are essential for the rig's operation.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has been given some early encouragement post-drilling the Tai-3 well in Tanzania, with helium shows registering up to six times the background levels.
This notable result was made in the Lower Karoo Group and the Basement targets, with the concentration of inert gas increasing progressively with depth, a promising sign that aligns with the company's initial projections.
Plexus Holdings PLC (AIM:POS) was on a rip Monday afternoon following some top news emerging from its wellhead rental business.
The group has secured a £175,000 rental contract award to supply SLB’s range of ‘Exact’ adjustable wellhead systems and ‘Centric’ mudline suspension equipment to Neptune Energy UK.
Cavendish analysts have reacted positively to 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF)’s statement published on Monday unveiling some 250 million barrels of contingent oil equivalent resources in the BFF reservoir at its Hickory-1 project area.
The independently certified contingent resource assessment, prepared by US-based independent consultancy Netherland, Sewell & Associates (NSAI), said it comprises 136 million barrels of recoverable hydrocarbon liquids (oil and natural gas liquids) plus 628 billion cubic feet of recoverable gas.
Mosman Oil and Gas Ltd (AIM:MSMN) reported production for the three months to the end of September 2023, with net output totalling 3,564 barrels oil equivalent.
It marks a reduction from 5,937 barrels in the prior quarter amidst operations to install a pump at the Stanley-5 and lower rates from the Cinnabar-1 well.
Plexus Holdings PLC (AIM:POS) has secured a £175,000 rental contract award to supply SLB’s range of ‘Exact’ adjustable wellhead systems and ‘Centric’ mudline suspension equipment to Neptune Energy UK.
The supply of this equipment will allow for the permanent abandonment of a UK North Sea well, with operations planned for commencement and completion during the second quarter of 2024.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has outlined some 250 million barrels of contingent oil equivalent resources in the BFF reservoir at the Hickory-1 project area.
The company, in a statement, said it comprises 136 million barrels of recoverable hydrocarbon liquids (oil and natural gas liquids) plus 628 billion cubic feet of recoverable gas.