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 oil prospects in Southern Hungary. The company also disclosed significant contingent gas and condensate resources at its Kiskunhalas Deep Gas Project, which carries an NPV10 of US$2.04 billion.