MCF

Canacol Energy Ltd. Reports a 22% Increase in Netback and an Adjusted EBITDAX of $61 Million in Q1 2024

Retrieved on: 
木曜日, 5月 9, 2024

Adjusted EBITDAX increased slightly to $61.0 million for the three months ended March 31, 2024, compared to $60.9 million for the same period in 2023.

Key Points: 
  • Adjusted EBITDAX increased slightly to $61.0 million for the three months ended March 31, 2024, compared to $60.9 million for the same period in 2023.
  • The increase is mainly due to an increase of natural gas operating netback, offset by a decrease in realized contractual natural gas and LNG sales volume.
  • Net cash capital expenditures for the three months ended March 31, 2024 was $35.9 million compared to $47.1 million for the same period in 2023.
  • As at March 31, 2024, the Corporation had $25.1 million in cash and cash equivalents and $11.2 million in working capital deficit.

Evolution Petroleum Reports Third Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Fourth Quarter

Retrieved on: 
火曜日, 5月 7, 2024

Evolution reported $23.0 million in total revenue for the current quarter, a 10% increase from the prior quarter.

Key Points: 
  • Evolution reported $23.0 million in total revenue for the current quarter, a 10% increase from the prior quarter.
  • On a per unit basis, total LOE decreased 10% from $21.31 per BOE in the prior quarter to $19.24 in the current quarter.
  • Evolution expects to receive the remaining net cash flows at the final post-closing settlement occurring during the fourth quarter of fiscal 2024.
  • As previously announced, Evolution Petroleum will host a conference call on May 8, 2024, at 10:00 a.m. Central Time to review its third quarter fiscal 2024 financial and operating results.

Texas A&M Hosts Open House Featuring FRITSCH and Horiba Innovations

Retrieved on: 
木曜日, 4月 4, 2024

PITTSBORO, N.C., April 4, 2024 /PRNewswire/ -- FRITSCH Milling & Sizing Inc., in collaboration with Horiba Scientific, is thrilled to announce its partnership with Texas A&M for a dynamic public open house at the cutting-edge Materials Characterization Facility (MCF) and Soft Matter Facility (SOMF) .

Key Points: 
  • PITTSBORO, N.C., April 4, 2024 /PRNewswire/ -- FRITSCH Milling & Sizing Inc., in collaboration with Horiba Scientific, is thrilled to announce its partnership with Texas A&M for a dynamic public open house at the cutting-edge Materials Characterization Facility (MCF) and Soft Matter Facility (SOMF) .
  • Here, groundbreaking research thrives with access to state-of-the-art instrumentation pivotal for studying the surface and interfacial properties of materials.
  • Dive deep into the significance of particle size distribution (PSD) and learn about the transformative capabilities of the FRITSCH ANALYSETTE 28 dynamic image analyzer in material characterization.
  • From lab tours to lunchtime seminars, this open house promises something for everyone eager to explore the frontiers of materials science.

A Major Gas Find Could Upend European Energy Markets

Retrieved on: 
木曜日, 3月 14, 2024

LONDON, March 14, 2024 /PRNewswire/ -- As Europe realizes the full risk of relying on foreign oil and gas, it could soon find relief coming from an unexpected source. That's because, after years of leaning on cheap Russian gas, geopolitical shifts have changed the equation. Both the war in Ukraine and simple economics have forced the EU to pivot from strict green energy policies.  Companies mentioned in this release include: Chevron Corporation (NYSE: CVX), ExxonMobil Corporation (NYSE: XOM), ConocoPhillips (NYSE: COP), Talos Energy Inc. (NYSE: TALO), Cheniere Energy, Inc. (NYSE: LNG).

Key Points: 
  • '  And The Washington Post announced recently, 'Amid energy crisis, EU says gas can sometimes be 'green.''
  • The message is clear: Europe is scrambling to diversify its energy sources and achieve true energy independence.
  • That's why one Canadian energy company, MCF Energy ( MCF .V; MCFNF .QX), is on a mission to help secure Europe's energy independence and explore these long-ignored assets.
  • ConocoPhillips (NYSE: COP) has adeptly balanced its energy portfolio between natural gas and oil, reflecting a nuanced understanding of the world's changing energy consumption trends.

Europe's Secret Weapon In Its Energy War With Russia

Retrieved on: 
火曜日, 3月 12, 2024

While Germany has struggled strategically and politically in its effort to balance its climate change goals with its energy security needs, Austria has not only refrained from turning off the Russian gas taps—opting for a gradual approach--but it's also recently made the country's largest natural gas discovery in 40 years. 

Key Points: 
  • These shallow wells, cheap to drill, from proven, previously drilled holes could translate into quick cash flow for MCF Energy.
  • MCF Energy has adopted a laser focus on Europe's energy security requirements, which is most significantly emphasized by Germany, the largest economy of the European Union.
  • MCF Energy ( MCF.V ; MCFNF.QX ) believes the answer is found in domestic natural gas, the increasingly accepted bridge fuel for a green energy transition.
  • In Europe, where the energy landscape is rapidly evolving, Halliburton's contributions to oil and gas exploration and production are invaluable.

Europe's Secret Weapon In Its Energy War With Russia

Retrieved on: 
火曜日, 3月 12, 2024

While Germany has struggled strategically and politically in its effort to balance its climate change goals with its energy security needs, Austria has not only refrained from turning off the Russian gas taps—opting for a gradual approach--but it's also recently made the country's largest natural gas discovery in 40 years. 

Key Points: 
  • These shallow wells, cheap to drill, from proven, previously drilled holes could translate into quick cash flow for MCF Energy.
  • MCF Energy has adopted a laser focus on Europe's energy security requirements, which is most significantly emphasized by Germany, the largest economy of the European Union.
  • MCF Energy ( MCF.V ; MCFNF.QX ) believes the answer is found in domestic natural gas, the increasingly accepted bridge fuel for a green energy transition.
  • In Europe, where the energy landscape is rapidly evolving, Halliburton's contributions to oil and gas exploration and production are invaluable.

Blackline Safety Announces Channel Partner Program Enhancements to Fuel Growth

Retrieved on: 
水曜日, 2月 28, 2024

Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced a new and improved Marketing Co-op Fund (MCF) for its thriving Channel Partner program.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced a new and improved Marketing Co-op Fund (MCF) for its thriving Channel Partner program.
  • Participation in the Channel Partner program has increased by 41% in the last five years, driven by Blackline’s comprehensive partner education program, after-sales support, and subscription-based renewals.
  • We’re excited about the program updates as it will make it easier for us to partner with Blackline on reaching new health and safety customers.”
    “As Blackline Safety sets the new standard for safety tech, our global Channel Partner network continues to expand.
  • If you’re interested in becoming a Blackline Safety Channel Partner, visit our website .

How Europe Can Win the Energy War With Russia

Retrieved on: 
金曜日, 3月 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

How Europe Can Win the Energy War With Russia

Retrieved on: 
金曜日, 3月 8, 2024

LONDON, March 8, 2024 /PRNewswire/ -- Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer to energy security.  Companies mentioned in this release include:  Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), Ecopetrol S.A. (NYSE:EC), Devon Energy Corporation (NYSE:DVN), Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan, Inc. (NYSE:KMI)

Key Points: 
  • And Austria has recently made its largest natural gas discovery in four decades—enough to increase its domestic production by 50%.
  • Below are two companies well-positioned to take advantage of the new energy security atmosphere in Europe:
    #1 MCF Energy ( MCF .V; MCFNF .QX)
    Small-cap MCF Energy, backed by veteran explorer and producer, Ford Nicholson, is convinced that this is the right atmosphere in which to foster European energy security through domestic natural gas production.
  • MCF Energy is the first new public company consolidating major exploration projects in Europe, and it's the first since Russia invaded Ukraine to offer investors an opportunity to help build domestic natural gas resources in Germany and Austria.
  • Thanks to its 100% acquisition of German Genexco last year, MCF Energy is now ready to drill down for some much-needed domestic energy resources for Germany.

A Natural Gas Boom Is Looming For Europe

Retrieved on: 
木曜日, 3月 7, 2024

LONDON, March 7, 2024 /PRNewswire/ -- Europe is weathering its second winter since it cut itself off from Russian natural gas, but beyond that, without its own sufficient supplies, the continent remains vulnerable to the whims of a volatile global market.  Companies mentioned in this release include: Chevron Corporation (NYSE:CVX), ExxonMobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy Inc. (NYSE:TALO), Cheniere Energy, Inc. (NYSE:LNG).

Key Points: 
  • Also in Germany, MCF Energy now has the Reudnitz Gas field concession, a large-scale natural gas prospect initially discovered in 1964.
  • And the timing is significant: Europe has underinvested in natural gas as it strives to lower carbon emissions, but natural gas is turning out to be the accepted bridge fuel for the world's energy transition.
  • The company's aggressive expansion into natural gas is paired with robust oil operations, suggesting a well-rounded vision for the future.
  • Cheniere Energy, Inc. (NYSE:LNG), pioneers the liquefied natural gas (LNG) sector in the United States, operating the country's first LNG export facilities.