Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has received binding firm commitments to raise $27.5 million via a strongly supported single-tranche placement of new fully paid ordinary shares to institutional and sophisticated investors at $0.22 per Share.
In this segment of The Ellis Martin Report, we speak with Don Mosher, the President of Desert Mountain Energy Corp. (CVE:DME) (OTCMKTS:DMEHF) providing us with an update on what will be the world's first solar powered helium production facility in Holbrook, Arizona.
BPH Energy Limited (ASX:BPH) advises that investee Advent Energy Limited's 100% subsidiary Asset Energy Pty Ltd has applied to the Federal Court to review the decision to refuse to vary and suspend the conditions of Exploration Permit for Petroleum No.11.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 30 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, was at a depth of 1,947m at 0600 hrs ACST in the P1 unit of the Pacoota Formation.
Developments in International and Australian Energy markets relevant for Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF). Events in Europe this year highlight the critical importance of gas for the functioning of the global economy.
Vintage Energy Ltd (ASX:VEN) announces ministerial approval has been received for the transaction announced 29 March 2022 for acquisition of Beach Energy Ltd.'s 15% interest in the Cooper Basin licence PRL 211.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has established a sponsored American Depository Receipt (ADR) program in the United States that will commence trading on the over the counter (OTC) market on Thursday 26 May 2022.
