i3 Energy plc is pleased to announce that, following the completion of the re-admission as set out in the announcement of 11th August 2020, the Company has now completed the acquisition of all the petroleum and infrastructure assets of Gain Energy Ltd for CAD$80 million (c.US$58.8 million). The Company has also completed the sale of such petroleum and infrastructure assets held by Gain Energy Ltd which are located in Saskatchewan, to Harvard Resources Inc for CAD$45 million (cUS$33 million).
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See AllNerve-wracking news for 88 Energy (88E) who announced on Friday that they are currently seeking clarification on a recently announced 60 day suspension of authority for department bureaus and offices
Pantheon Resources (PANR) announced the spudding of the Talitha #A well on the North Slope of Alaska. PANR estimates the well will target in the region of a billion barrels of recoverable oil potentia
First full week of the New Year and some interesting announcements. 88 Energy (88E) continued its usual pre-spud run, moving up to 0.55p (the placing was at 0.33p) on the back of announcements that sn