The oil and gas company has completed the acquisition of Challenger Trinidad's producing assets, securing a revenue-sharing agreement that generates immediate cash flow without operational risks.
The oil and gas company provides an update on its rigless testing operations in Morocco, highlighting successful perforation but ongoing challenges with formation damage that require further optimization.
The oil and gas company has raised £1.0 million through a discounted placing to fund operational activities and acquisitions, but the pricing and potential for future funding needs raise some concerns.
The oil and gas company has commenced rigless testing operations at its MOU-3 well in Morocco, with plans to complete the perforating and testing of the shallow 'A' Sand over the next 10 days.
The oil and gas company provides an update on its acquisition of operations in Trinidad and Tobago, facing delays in regulatory approval. The company is focused on preserving cash and increasing producing assets.
The oil and gas company updates on its operations in Trinidad, Morocco, and Ireland, including progress on well workovers, appraisal drilling, and project development.
The oil and gas explorer reduced losses but faces cash burn as it progresses exploration activities in Morocco and Trinidad. Market challenges and execution risks persist.
The oil and gas company announces the start of oil sales from its Bonasse field and the upcoming acquisition of assets in Trinidad, which will add 272 bopd of production.
The energy company has announced that a major shareholder, Eva Pacific Pty Ltd, has acquired a 2.976% stake in the business.
The oil and gas company's preliminary drilling results in Morocco confirm the presence of a key target, but further evaluation is needed to assess the commercial potential.