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24 Feb 26 |
Colombia: Parex Resources announces proposal to acquire Frontera Energy’s Colombian E&P assets Parex Resources has submitted an acquisition proposal to Frontera Energy Corporation to acquire all of Frontera’s Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are substantially the same as the existing acquisition agreement previously announced. The Proposal represents a US$125 million premium compared to the existing acquisition agreement. |
23 Feb 26 |
Jamaica: United Oil & Gas announces completion of Stage 2 and commencement of Stage 3 Piston Coring - Walton Morant Licence, Jamaica AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, is pleased to announce the completion of Stage 2 of its Surface Geochemical Exploration ("SGE") programme and the commencement of Stage 3 piston coring operations on the Walton-Morant Licence offshore Jamaica. |
23 Feb 26 |
US: Helix Exploration announces successful first helium gas production at flagship Rudyard Project and Inez testing update Helix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', has announced the commencement of gas production at its flagship Rudyard Project making it the first Helium gas producer in the state of Montana. |
