MCF Energy Ltd.

Well site construction is complete, the drill rig is expected to become available in the coming week and commencement of drilling is expected during the following week. MCF Energy Ltd. is pleased to announce that our energy investment partner and operator ADX Energy Ltd. has completed the wellsite construction and secured the drilling rig and all long lead items for development of the Welchau natural gas prospect in [...]

MCF Energy Ltd. , an emerging and key player in Europe's energy sector, focused on advancing Europe's energy self-sufficiency, announces that it has increased its economic interest participation in the upcoming Welchau-1 well in Austria to 25% from 20%. In early 2023, MCF Energy entered into an Energy Investment Agreement with ADX Energy Ltd to finance half of the expenses for the Welchau-1 exploration well, initially [...]

MCF Energy Ltd. is pleased to announce that our energy investment partner and operator ADX Energy Ltd. has received Environmental Clearance for development of the prolific Welchau natural gas prospect, in Austria. This significant milestone marks a pivotal step forward in our commitment to responsible and sustainable large-scale natural gas development, within Europe. Key Highlights: An Environmental Clearance has been [...]

MCF Energy Ltd. over the past 12-months, has demonstrated unwavering commitment to establishing a robust portfolio of natural gas weighted exploration prospects. The Company's strategic vision centers on harnessing the vast potential of European energy resources, contributing to regional energy security and sustainable economic growth. Key Highlights and Operational Update: Aggregation Success: MCF Energy has achieved [...]

MCF Energy Ltd. is pleased to provide a further update on its Austrian operations, specifically regarding the final steps in the well permitting and planned timing of drilling at the large Welchau anticline, which remains anticipated in Q4 2023. Highlights: A drilling permit has been received for the Welchau-1 well from the Mining Authority on behalf of the ministry of finance of the Republic of Austria as announced on [...]

MCF Energy Ltd. is pleased to announce the successful acquisition of a substantial multi-zone oil and natural gas exploration concession spanning approximately 87 km² in Western Germany, granted on September 18, 2023, by the Hessen Ministry of Environment, Climate, and Energy, through its mining authority granted for an initial term of three years. Highlights: Erlenwiese, an 87 km² exploration concession in Western [...]

MCF Energy Ltd. is pleased to announce the successful acquisition of a substantial multi-zone oil and natural gas exploration concession spanning approximately 87 km² in Western Germany, granted on September 18, 2023, by the Hessen Ministry of Environment, Climate, and Energy, through its mining authority granted for an initial term of three years. Highlights: Erlenwiese, an 87 km² exploration concession in Western [...]

MCF Energy Ltd. is pleased to provide an update on its Austrian operations, specifically regarding well permitting and planned spudding at the large Welchau anticline, anticipated in Q4 2023. Highlights: Drilling permit for the Welchau-1 well has been granted by the Mining Authority, acting on behalf of Austria's Ministry of Finance , after thorough documentation, expert evaluations, and a smooth public hearing at the [...]

VANCOUVER, BC, Aug. 2, 2023 /CNW/ - MCF Energy Ltd. is pleased to announce the successful acquisition of a substantial natural gas exploration concession spanning approximately 100 km² in Southwest Bavaria, Germany, granted by the Bavarian State Ministry of Economic Affairs, Regional Development and Energy for an initial term of three years. Lech East is adjacent to another 10 km² concession . In a previously drilled well [...]

MCF Energy Ltd. , a leading acquirer and explorer of natural gas projects for Europe's energy security, is pleased to provide an operations update. The Company anticipates drilling high-impact exploration wells in both Austria and Germany in Q3/Q4 2023. Final well locations have been selected and permits are either granted or in process. Additionally, the Company is making progress towards doubling its asset base in [...]