Hydrocarbon

NEXT BRIDGE HYDROCARBONS, INC. ANNOUNCES PRELIMINARY RESULTS OF ITS JOHNSON PROSPECT DRILLING PROGRAM

Retrieved on: 
Friday, January 19, 2024
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MIDLAND, Texas, Jan. 19, 2024 /PRNewswire/ -- Next Bridge Hydrocarbons, Inc. ("Next Bridge," "our," "we," or the "Company"), an oil and natural gas exploration and production company with interests in Texas and Oklahoma announced today the following:

Key Points: 
  • These rates were from an open hole natural completion without the assistance of an acid job or a frac job.
  • Additionally, the Johnson E15 #1, which is approximately 5,000+ feet away from the #4 discovery well, showed comparable gas flares while drilling the Penn Sand.
  • This well is awaiting additional completion work as the Company's technical team and consultants are working to develop a drilling and completion program for best practices in this new field discovery.
  • The entire team continues to work on strategies to effectively test this zone, and others, on the Johnson structure.

TDK Ventures invests in pioneering e-fuel company INERATEC

Retrieved on: 
Wednesday, January 17, 2024
Emerald, CO2, Aviation, Honda Rafaga, Innovation, WIND, Chemical industry, Recycling, UpLink, USD, TDK, Hydrocarbon, Transport, Renewable energy

Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.

Key Points: 
  • Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.
  • "We are grateful for TDK Ventures' participation in our Series B funding," said Tim Boeltken, CEO of INERATEC.
  • TDK Ventures has shown it is fully committed to doing whatever it takes to make it successful and profitable."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

Parex Resources Announces Record Full-Year & Fourth Quarter Production, Arauca Discovery, and Publishes 2024 Guidance

Retrieved on: 
Tuesday, January 16, 2024
Natural gas, Parex Bank, API, MDT, Public expenditure, Acquisition, Water, Gachetá, Hydrocarbon, Light, National instrument, Une, Oil

Arauca (Business Collaboration Agreement with Ecopetrol S.A. (Parex 50% Participating Share)) Update(1)

Key Points: 
  • Arauca (Business Collaboration Agreement with Ecopetrol S.A. (Parex 50% Participating Share)) Update(1)
    “Overall, the initial results that we are seeing from the first two wells at Arauca are promising.
  • Arauca-8 was drilled to a total depth of 21,010 feet as a pacesetting well and encountered the expected Guadalupe, Gacheta, and Une zones.
  • The sidetrack is expected to be completed in late Q1 2024, with the well brought onstream in early Q2 2024.
  • Parex will host a conference call and video webcast to discuss its Q4 2023 results on Friday, March 1, 2024.

TDK Ventures invests in pioneering e-fuel company INERATEC

Retrieved on: 
Tuesday, January 16, 2024
Emerald, CO2, Aviation, Honda Rafaga, Innovation, WIND, Chemical industry, Recycling, UpLink, USD, TDK, Hydrocarbon, Transport, EX, Renewable energy

Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.

Key Points: 
  • Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.
  • "We are grateful for TDK Ventures' participation in our Series B funding," said Tim Boeltken, CEO of INERATEC.
  • TDK Ventures has shown it is fully committed to doing whatever it takes to make it successful and profitable."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

Ekona Power Inc. to Deploy First Clean Hydrogen Production Plant with an Industrial Partner

Retrieved on: 
Wednesday, January 10, 2024
Senior, Gold, Natural gas, ARC, Electricity, Pyrolysis, Methane, Hydrogen, Carbon, Water, Hydrocarbon, ARC Resources, GHG, Growth, Renewable energy

Ekona is partnering with ARC Resources to decarbonize natural gas at ARC Resources' Gold Creek Natural Gas Plant in Alberta

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 10, 2024) - Ekona Power Inc. (Ekona™) is excited to announce the first industrial deployment of its methane pyrolysis solution for clean hydrogen production.
  • Partnering with investor, ARC Resources (ARC), Ekona will deploy a one-tonne-per-day clean hydrogen plant at ARC's Gold Creek Natural Gas Plant in Grande Prairie, Alberta.
  • "Ekona Plant One is a first-of-a-kind clean hydrogen production solution with technology that can reduce the carbon intensity of natural gas operations - not years from now, but today," says Chris Reid, Ekona's Chief Executive Officer.
  • Ekona Plant One will produce clean hydrogen that could offer future opportunities to reduce overall greenhouse gas (GHG) emissions at the Gold Creek facility.

Atwell continues growth in Florida with acquisition of Banks Engineering, expanding engineering, planning, and surveying services

Retrieved on: 
Thursday, January 11, 2024
Environment, Commercial Building & Real Estate, Construction & Property, Consulting, Engineering, Professional Services, Manufacturing, Architecture, Other Construction & Property, Residential Building & Real Estate, Senior, Multimedia, Acquisition, Hydrocarbon, Bank, Private sector, BEI

Atwell has acquired BEI Engineering Group, LLC, doing business as Banks Engineering, a 90-person firm providing civil engineering, planning, and land surveying services.

Key Points: 
  • Atwell has acquired BEI Engineering Group, LLC, doing business as Banks Engineering, a 90-person firm providing civil engineering, planning, and land surveying services.
  • The acquisition of Banks Engineering continues to strengthen Atwell’s resources and capabilities in Florida, specifically in Fort Myers and Port Charlotte.
  • View the full release here: https://www.businesswire.com/news/home/20240110123328/en/
    Banks Engineering has provided Florida with civil engineering, planning, and land surveying for more than 30 years.
  • “Banks is excited to join the Atwell family,” said Tom Lehnert, President of Banks Engineering.

United States Proppant Industry Report 2023: Fracking's Economic Incentive Spurs Mining Activities and Proppants Demand - Forecasts to 2028

Retrieved on: 
Wednesday, January 3, 2024
Carbon footprint, Sand, Attention, Fracture, Research, Compound annual growth rate, Mining, Heat, Hydrocarbon, Electricity, Horizontal, Uncertainty, United, USD, Coal, Growth, Investment, Transport, Carbon, Population growth, Methane, Employment, Delays, Natural gas, Environment

DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "United States Proppant Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "United States Proppant Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
  • As the industry veers toward unconventional reservoirs, the demand for fracking and proppants has witnessed a significant surge.
  • Driven by population growth and industrial expansion, the escalating energy demand has spurred energy companies to explore alternative hydrocarbon sources.
  • The economic incentive of fracking, generating jobs and revenue through amplified energy production, further amplifies mining activities and the corresponding demand for proppants.

EQS-News: Why Pulsar Helium has game-changing potential for the US helium industry

Retrieved on: 
Saturday, December 30, 2023
PLSR, Risk, Helium, Sale, News, Research, WhatsApp, Acquisition, Hydrocarbon, FRA, Anglo-French Wars, USD, Pulsar, Nervous, Natural gas, Advertising, GameChanger, Lithium

With recent sales of liquid helium exceeding USD $1,000 per thousand cubic feet whereas natural gas is ~USD $4.

Key Points: 
  • With recent sales of liquid helium exceeding USD $1,000 per thousand cubic feet whereas natural gas is ~USD $4.
  • (see below)
    Conclusion: Pulsar is one of a handful of helium explorers looking for primary helium sources that are not linked to natural gas production.
  • Most new helium companies have understandably gone where there were already known helium deposits, identified via natural gas exploration and production.
  • In addition, a consulting or other service contract exists between Pulsar Helium and GOLDINVEST Consulting GmbH, with which a further conflict of interest exists, since Pulsar Helium remunerates GOLDINVEST Consulting GmbH for reporting.

Skyharbour Announces Additional Uranium Property Staking in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, December 21, 2023
National instrument, Athabasca Basin, Exercise, Bangladesh Technical Education Board, Sulfide, DDH, Hydrocarbon, Pegmatite, Magnetism, SMDI, Mining, CAD, TEMPEST, CL-4, News, Fertility, Geology, Quartz, Fraser Institute, Bolt, EM, Hearne Craton, Uranium, Soil, Uranium mining

We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.

Key Points: 
  • We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.
  • Skyharbour is fully funded for its drilling and exploration plans in 2024 with over $10 million in the treasury.
  • Skyharbour has also continued to receive cash payments and share issuances from its various option partners as a part of its prospect generator business.
  • *SMDI refers to the Saskatchewan Mineral Deposits Index and “AF” refers to Saskatchewan Mineral Assessment File.

Skyharbour Announces Additional Uranium Property Staking in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, December 21, 2023
National instrument, Athabasca Basin, Exercise, Bangladesh Technical Education Board, Sulfide, DDH, Hydrocarbon, Pegmatite, Magnetism, SMDI, Mining, CAD, TEMPEST, CL-4, News, Fertility, Geology, Quartz, Fraser Institute, Bolt, EM, Hearne Craton, Uranium, Soil, Uranium mining

We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.

Key Points: 
  • We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.
  • Skyharbour is fully funded for its drilling and exploration plans in 2024 with over $10 million in the treasury.
  • Skyharbour has also continued to receive cash payments and share issuances from its various option partners as a part of its prospect generator business.
  • *SMDI refers to the Saskatchewan Mineral Deposits Index and “AF” refers to Saskatchewan Mineral Assessment File.