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Comstock Resources Inc. today reported financial and operating results for the quarter ended March 31, 2022. Highlights of 2022's First Quarter Generated free cash flow from operations of $68 million in the quarter. Paid down $85 million of debt in the quarter. Adjusted EBITDAX increased 27% to $333 million. Operating cash flow increased 44% to [...]
Oslo, 3 May 2022 - DNO ASA, the Norwegian oil and gas operator, today announced that the Annual General Meeting scheduled for 25 May 2022 will be held at 10:00 am Norwegian time at Felix konferansesenter, Bryggetorget 3, 0250 Oslo. Remote participation is possible. Shareholders can also vote electronically in advance or submit a proxy. The formal [...]
Standard Lithium Ltd. and South Arkansas Community College hosted Arkansas Governor Asa Hutchinson at a ribbon-cutting ceremony Monday May 2, 2022 to officially unveil six new EV charging stations. Standard Lithium partnered with Entergy, Adopt a Charger, and South Arkansas Community College on the installation of the six Level 2 - 240 volt EVCS [...]
Oslo, 3 May 2022 today announces that it is contemplating a private placement of new ordinary shares for gross proceeds of up to USD 75 million . The Company also intends to subsequently raise approximately USD 50 million in new, senior secured debt under the Term Loan B Credit Agreement . This Super Senior will rank senior to the existing Term [...]
May 3, 2022, Oslo, Norway: PGS is awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start mid-June and acquisition is expected to complete mid-August. "We are very pleased with this contract award, which is an important contribution to our vessel utilization during the summer season. The Eastern [...]
Intrepid Potash Inc. reported its results for the first quarter of 2022. Key Highlights for Q1 2022 Total sales increased to $104.4 million compared to $71.5 million in the first quarter of 2021 as potash and Trio® net realized sales prices increased to $703 and $469 per ton, respectively. Net income of $31.4 million, a $29.0 million improvement [...]
Today, 500 young local students and the Crown Prince of Norway, Haakon Magnus, celebrated the christening of Yara Birkeland, the world's first electric, autonomous container vessel. As a new twist to the maritime tradition, the emission-free ship was christened by not only one, but two God Mothers. To represent the future, young Pernille Gundersrud [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 1,005,206 incentive stock options exercisable at $0.405 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. Atico Mining is a growth-oriented Company, focused on exploring, developing and mining copper [...]
Challenging Q1 - Encouraging Market Outlook Takeaways Q1 2022 Revenues and Other Income of $136.2 million, compared to $165.7 million in Q1 2021 Increased contract and MultiClient late sales revenues compared to Q1 2021 MultiClient pre-funding revenues significantly reduced due to a low volume of MultiClient projects finalized and delivered to [...]
Very good operational performance of mining activities: +17% of manganese ore produced in Gabon, +16% of volumes sold externally +10% of nickel ore produced in New Caledonia, +46% of exported volumes +74% of nickel ore produced in Indonesia +16% of mineral sands produced in Senegal Particularly favourable price environment, in a context of strong [...]
Prospera Energy Inc. is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years. Prospera has now positioned itself to develop three large heavy oil fields with significant OOIP that have had no modern drilling or recovery methods applied. Historical production [...]
April 27, 2022, Oslo, Norway: PGS held its Annual General Meeting today. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice. The minutes from the Annual General Meeting can be downloaded from www.newsweb.no and www.pgs.com. Attachment Genforsprotokoll-AGM 2022 protocol...