CanCambria Energy Corp.
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.