Gas Mining News

CanCambria Energy Corp.
CanCambria Energy Corp.
CCEC
Southern Hungary

CanCambria Energy Announces $5.0 Million Brokered LIFE Offering to Accelerate High-Impact Shallow Oil Project, Complementing Deep Gas Strategy in Southern Hungary Amid Soaring European Energy Prices

CanCambria Energy Corp. has announced a CAD$5.0 million brokered private placement to fund a 3D seismic survey and drilling in its STA Fairway in Southern Hungary. The company also highlighted its Kiskunhalas Deep Gas Project, which holds 1.1 Tcf of 2C contingent gas resources with a risked NPV10 of US$2.04 billion.

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ADX Energy
ADX Energy
ADX
Austria

ADX Energy to ramp up Austrian drilling in push to provide much needed new European energy source

ADX Energy is ramping up its Austrian oil and gas operations, targeting an additional 1,000 BOEPD of net production through a near-term drilling program. The company is advancing several prospects including HOCH-1, GOLD-1, and SCHOEN-1, while also progressing larger opportunities at Welchau and the Sicily Channel.

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Monumental Energy Corp.
Monumental Energy Corp.
MNRG
New Zealand

MONUMENTAL ENERGY CORP. PROVIDES UPDATE ON ITS INVESTMENT INTO NEW ZEALAND ENERGY CORP.

Monumental Energy Corp. announced that New Zealand Energy Corp. (NZEC) has commenced drilling on the Tariki-5 conventional gas well in the Taranaki region of New Zealand. The well is expected to reach a target depth of 2846 m and complete drilling by late October 2024.

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