Dotz has entered into a confidential Letter of Intent with Eneriqs AI Ltd, a technology group, covering a proposed licence of Eneriqs technology and an option for Dotz to acquire Eneriqs assets. The company stated the LOI contains certain immediately binding provisions, although implementation …
Bass Oil Limited (ASX:BAS) has reported further progress from its Bunian 6 development well in Indonesia, identifying oil pay across three reservoir intervals and preparing the well for production. The result adds the M sand to the previously targeted TRM3 and K1 reservoirs, expanding …
This result was achieved despite LF-03 being offline awaiting a pump replacement, as well as an unusual weather event involving a lightning strike to local power infrastructure that caused minor flooding and briefly affected production during the month. Water production across the field during …
Alongside the resource increase, the geological chance of success for the prospect has improved from 18% to 24%. The company has stated that these increases could have a material impact on any future farm-out arrangement and, by extension, the value created by Tetragon and …
The PFS outlines a pre-tax net present value (NPV8) of €2.6 billion and an internal rate of return of 25.0% for Project Ludwig, with a post-tax NPV8 of €1.7 billion and an IRR of 20.2%, based on a 30-year planned operating life. TotalCapital Expenditureis …
The contract's minimum committed value has been put at approximately $5.8 million. Should the client exercise both one-year extension options following the initial two-year term, the arrangement has the potential to generate up to approximately $11.6 million in total, with the ultimate outcome dependent …
88 Energy has been advancing its Alaska and Namibia projects, including work at Project Leonis on the North Slope following earlier drilling and flow-testing, and planning for the next phase of drilling, while progressing its Namibian Orange Basin exploration. The company has framed bothAssetsas …
Elixir Energy has expanded its data-sharing relationship with QGC Pty Limited through a second agreement covering seismic and well information across parts of the Taroom Trough. The new arrangement gives Elixir access to additional high-resolution geological and geophysical information around its ATP2056 permit and …
Atomic Eagle has reached an agreement with the Republic of Niger to re-establish its interest in the Madaouela Uranium Project, creating a two-project uranium development portfolio alongside Muntanga. Under the new Mining Convention, the Madaouela exploitation permit will be held by a newly incorporated …
In the first half of 2026, Karoon (ASX:KAR) reported second-quarterRevenueof US$116.4 million on production of 1.08 million barrels of oil equivalent, with Baúna contributing the bulk. The Baúna field restarted after a maintenance shutdown, with operatorship of its floating production vessel transferring to Karoon …