In a surprising twist, Omega Oil & Gas has recorded strong flows of oil in addition to gas from its Canyon-1H horizontal well ...

Going forward, Plexus Holdings has announced that its near-term strategy will primarily focus on the high-margin wellhead rental market. Wellheads are the components located at the entry of ...

Plexus Holdings swung to pretax loss for the first half of fiscal 2025 following a one-off licensing agreement the previous year, and said it is focusing on the wellhead rental market in the short ...

The well, located in the Taroom Trough, demonstrated strong oil flows following a fracture stimulation programme.

Stable sustained flow rates of 321bpd of oil and 0.472MMscfd of gas were recorded with a wellhead pressure of ~1339 psi. Future development wells will be drilled to lateral lengths of 2000m or ...

INTLEF Group recently launched its newly developed Quick-Connect Flange - a revolutionary product aimed at eliminating industry pain points and optimizing ...

A group of 51 US-based oil and gas producers and refiners had combined net earnings of $22.34 billion in fourth-quarter 2024, ...

OMS Energy Technologies, Inc. (OMSE) plans to raise $50 million in an initial public offering (IPO) on Wednesday, April 2nd, ...

The Banff discovery well has yielded TP and TPP values to the Company using a 10% discount rate of $3.5 million and $5.3 million, respectively. As at March 17, 2025, the well has outperformed the TPP ...

The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Parkmead Group PLC - gas, oil and renewable energy projects focused ...