Mosman Oil and Gas Ltd's (AIM:MSMN) partner in the Amadeus Basin, Greenvale Energy Ltd (ASX:GRV, OTC:GVLMF) (ASX: GRV), has been awarded a A$100,000 co-funding grant.
It came via the NTGS Geophysics and Drilling Collaborations program, and, will be used to support the funding of an upcoming 2D seismic programme.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) said it is looking forward to resuming drilling in Morocco at Anchois (offshore) with new partner Energean in August after the recent gas discovery at Loukos (onshore).
Adonis Pouroulis, chief executive, added: "Since our last set of results we have progressed all of the assets that sit within our natural gas, renewables and green hydrogen pillars and, importantly, we have further de-risked each division of the business.
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has today revealed an expert opinion that said the Ahpun ‘topsets’ resource, on the west side of the Dalton highway, can be economically developed.
The Alaska-focused oil and gas company, in a statement, announced the results of an initial resource estimate for the western topset horizons in the Ahpun oil and gas field.
HeLIX Exploration PLC (AIM:HEX) has passed another important milestone on the road to its first helium well, with drilling expected to get underway in the third quarter.
It did so by sharing with the market the results of an independent analysis, or scoping study, of its assets along Montana Helium Fairway.
Tanzania-focused explorer Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said it has raised £8 million through the issue of 1.6 billion new shares at 0.50 pence each.
The fundraising was oversubscribed, demonstrating strong investor interest and comprised a placing and a direct subscription with the former bringing in £7.9 million.
Mosman Oil and Gas Ltd (AIM:MSMN) has agreed the sale of its interest in Nadsoilco LLC, which owns a collection of oil assets in Texas, in a deal worth up to $1.75 million.
The sale is structured with an initial cash payment of $1 million and potential additional payments totalling $750,000, contingent upon future production rates.