Successful handover of BW Adolo operations to BW Energy Gabon SA BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy’s subsidiary, BW Energy Gabon SA (“BW Energy Gabon”). Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed w ...

Core Viewpoint - VAALCO Energy is actively pursuing oil and gas development projects in Côte d'Ivoire and Gabon, with significant plans for drilling and refurbishment of production facilities aimed at enhancing production efficiency and extending the economic life of its assets [1][5]. Côte d'Ivoire Developments - The company plans to refurbish the FPSO Baobab at the Baobab field in Block CI-40, which ceased production on January 31, 2025, and will undergo dry dock refurbishment in Dubai [2][3]. - The refurbishment is essential for extending the economic life of the Baobab field, allowing for continued oil production until at least 2038 [3]. - VAALCO Energy holds a 27.39% stake in the Baobab field, which is operated by Canadian Natural Resources International with a 57.61% interest [4]. - A significant development drilling campaign is scheduled for 2026, which is expected to increase hydrocarbon production from the Baobab field [5]. Expansion into Block CI-705 - In March 2025, VAALCO Energy entered a farm-in agreement for Block CI-705, acquiring a 70% working interest and a 100% paying interest through a commercial carry agreement [6]. Gabon Drilling Campaign - The company is preparing for a drilling program in Gabon for 2025/2026, expected to commence in the third quarter of 2025 [7]. - The Gabon drilling campaign will include development, appraisal, and exploration wells, as well as workovers for existing wells [8]. - A rig has been contracted from Borr Drilling for the drilling program, which will focus on the Etame and Southeast Etame North Tchibala platforms [8]. - Plans also include re-drilling existing wells and performing workovers at the Ebouri field to restore production and access previously removed reserves [9].

Group 1 - Darling Ingredients is a volatile company that combines three separate businesses into one, presenting unique investment opportunities [1] - The management emphasizes the company's focus on cash flow and growth prospects, particularly in the oil and natural gas sector [1] - Crude Value Insights provides an investing service that includes a stock model account and in-depth cash flow analyses of exploration and production firms [2]

Core Viewpoint - The oil market is experiencing turbulence with prices dropping over 15%, impacting many producers but not ExxonMobil, which is well-prepared for such conditions [1][2]. Group 1: Current Market Conditions - Oil prices have fallen significantly, with Brent crude dropping closer to $60 a barrel from a range of $75 to $85 [1]. - The uncertainty in the oil market is causing volatility and raising concerns about slower economic growth, compounded by potential increased OPEC supply [4]. Group 2: ExxonMobil's Preparedness - ExxonMobil has strategically positioned itself to thrive in volatile markets, boasting a low cost of supply, a strong balance sheet, and a lean cost structure [5]. - The company has achieved a 7% net leverage ratio, the best among international oil companies and large-cap industrial firms [5]. - Since 2019, Exxon has reduced structural costs by $12.7 billion, a level unmatched by other international oil companies [5]. Group 3: Long-term Strategy and Investments - Despite short-term uncertainties, ExxonMobil's long-term fundamentals remain strong, with ongoing investments in low-cost oil and gas projects [8]. - The company plans to invest approximately $140 billion into major projects and its Permian Basin development by 2030, expecting to generate $20 billion more in earnings and $30 billion more in cash under constant prices and margins [9]. - Exxon aims to achieve $18 billion in structural cost savings by 2030, with nearly $13 billion already secured [10]. Group 4: Future Outlook - The company is focused on building lower-carbon energy platforms, which will help reduce earnings volatility and generate predictable revenues from long-term contracts [9]. - ExxonMobil's strategy positions it for meaningful earnings and cash flow growth, making it a strong candidate for long-term investment despite market volatility [11].

Core Viewpoint - Tethys Petroleum Limited reported significant declines in financial performance for the year ended December 31, 2024, primarily due to lower oil and gas sales and production challenges [2][3]. Financial Performance - Oil and gas sales decreased by 58% to $15.2 million in 2024 from $36.5 million in 2023 [2]. - The net loss for 2024 was $19.1 million, compared to a profit of $9.7 million in 2023 [2]. - The results were negatively impacted by non-cash charges, including an impairment of Kul-Bas contract area costs and currency translation differences due to the depreciation of the Kazakhstan tenge against the US dollar [2]. Management Outlook - Management remains confident about Tethys's future despite production license approval delays and declining oil and gas prices [3]. - The company has little to no debt and possesses valuable operating assets, which positions it favorably for future development [3]. - Challenges in developing oil handling, gas utilization, and logistics are acknowledged, but management believes these can be addressed over time [3]. Company Overview - Tethys is focused on oil and gas exploration and production in Central Asia and the Caspian Region, with significant potential in both exploration and discovered deposits [4].

Reference is made to the stock exchange notice published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 24 April 2025, where EMGS published its audited financial statements and annual report for 2024. As noted by the Company in that stock exchange notification, the European Single Electronic Format (ESEF) 2024 annual report would be published on or about 29 April 2025. The ESEF file is attached to this stock exchange notification and will also be available on www.emgs.com. ContactAnders E ...

Group 1 - BW Energy Limited has qualified to trade on the OTCQX Best Market, upgrading from the Pink market, which enhances its visibility and accessibility for U.S. investors [1][2][3] - The company is recognized as a growth-focused oil and gas entity with production and development assets in Gabon, Namibia, and Brazil, aiming to increase engagement with a broader U.S. investor base [4][5] - BW Energy's strategy involves targeting proven offshore oil and gas reservoirs through low-risk phased developments, with significant interests in various fields and a total of 599 million barrels of oil equivalent in net 2P+2C reserves and resources projected for the start of 2025 [5] Group 2 - The OTCQX Market provides a platform for companies to meet high financial standards and best practice corporate governance, facilitating transparent trading for U.S. investors [3][4] - OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities, with a focus on data-driven disclosure standards [6][7]

Company Overview - Mohawk Industries (NYSE: MHK) has been experiencing poor performance recently [1] - The company specializes in flooring, carpets, rugs, ceramic tiles, and similar products for both commercial and residential markets [1] Industry Insights - Crude Value Insights focuses on the oil and natural gas sector, emphasizing cash flow and companies that generate it [1] - The service aims to identify value and growth prospects within the industry [1]

Global Partners LP Common Units (NYSE:GLP) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Sean Geary - CLO & Secretary Eric Slifka - President & CEO Gregory Hanson - CFO Mark Romaine - COO Conference Call Participants Selman Akyol - Stifel Operator Good day, everyone, and welcome to the Global Partners Fourth Quarter and Full Year 2024 Financial Results Conference Call. Today's call is being recorded. With us from Global Partners are President and Chief Executive Officer ...

Kimbell Royalty Partners, LP Common Units (NYSE:KRP) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Rick Black – Investor Relations Bob Ravnaas – Chairman and Chief Executive Officer Davis Ravnaas – President and Chief Financial Officer Blayne Rhynsburger – Controller Conference Call Participants Jack Wilson – Truist Securities Jon Mardini – KeyBanc Capital Markets Noah Hungness – Bank of America Derrick Whitfield – Texas Capital Paul Diamond – Citi Operator Thank you. G ...