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Southern ITS International, Inc., DBA CorpHQ, Announces the Appointment of Josh Chumley as Chief People Officer and Franklin Santagate as Chief Strategy Officer
Prnewswire· 2025-10-07 18:23
, /PRNewswire/ -- Southern ITS International, Inc. (OTC Pink: SITS), a diversified holding company operating as CorpHQ, proudly announces the appointment of Josh Chumley as Chief People Officer (CPO) and Franklin Santagate as Chief Strategy Officer (CSO), effective immediately. Josh Chumley brings decades of organizational leadership experience, and a track record of building high- performing teams rooted in clarity, culture, and execution. As CPO, Chumley will lead people strategy across the CorpHQ portfol ...
LandBridge Announces Agreement to Acquire ~37,500 Total Acres in the Delaware Basin
Businesswire· 2025-10-07 12:15
HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) ("LandBridge†) today announced that it has entered into an agreement to acquire approximately 37,500 total acres, across Loving, Reeves, Winkler and Ward counties, Texas, from 1918 Ranch & Royalty, LLC (the "Acquisition†), with closing anticipated to occur in the fourth quarter of 2025, subject to customary closing conditions. The acreage to be acquired consists of approximately 22,000 fee surface acres, approximately 3,500 surface. ...
QatarEnergy to acquire 27% interest in North Cleopatra block offshore Egypt
Yahoo Finance· 2025-10-06 14:32
Group 1 - QatarEnergy has signed an agreement with Shell to acquire a 27% participating interest in the North Cleopatra exploration block offshore Egypt, pending approval from the Egyptian Government [1] - Shell will retain a 36% participating interest and will operate the block, with Chevron and Tharwa Petroleum Company holding 27% and 10% stakes respectively [1] - The North Cleopatra block covers over 3,400 km² in water depths of up to 2,600 meters and is adjacent to the North El-Dabaa block, where QatarEnergy already has a 23% interest [2] Group 2 - QatarEnergy's president and CEO, Saad Sherida Al-Kaabi, expressed satisfaction in securing additional exploration acreage, enhancing their upstream exploration activities in Egypt [2][3] - QatarEnergy has been expanding its portfolio in various oil and gas basins globally, including regions such as Guyana, Lebanon, Namibia, and South Africa [3] - The collaboration between QatarEnergy and Shell includes various projects, such as LNG ventures and the Pearl GTL plant, indicating a strong partnership [4] Group 3 - In May, QatarEnergy signed a 25-year condensate supply agreement with Shell for the delivery of up to 285 million barrels of condensate [4] - Last year, a long-term agreement was established to supply three million tonnes per annum of liquefied natural gas to China, further solidifying the relationship between the two companies [5]
QatarEnergy Expands Egypt Footprint With Stake in Shell’s North Cleopatra Block
Yahoo Finance· 2025-10-06 09:28
QatarEnergy announced it will acquire a 27% participating interest in the North Cleopatra block offshore Egypt from Shell, which will remain operator with a 36% stake. The remaining interests are held by Chevron (27%) and Tharwa Petroleum Company (10%). The deal, pending Egyptian government approval, strengthens QatarEnergy’s upstream portfolio in the eastern Mediterranean. The North Cleopatra block spans 3,400 square kilometers in the Herodotus Basin, with water depths reaching 2,600 meters. The acreage ...
Future Fuels Mobilizes for Gravity Survey at the Hornby Basin Project
Accessnewswire· 2025-09-30 20:05
VANCOUVER, BC / ACCESS Newswire / September 30, 2025 / Future Fuels Inc. (TSXV:FTUR)(FSE:S0J) ("Future Fuels" or the "Company") is pleased to announce that it has commenced mobilization of crews and equipment for the Phase One exploration program at its wholly owned Hornby Basin Project (the "Hornby Project" or the "Project"), located approximately 95 kilometres southwest of Kugluktuk, Nunavut. "We are excited to officially launch our first-ever field exploration program at the Hornby Basin Project," said R ...
Angkor's Energy Subsidiary Completes 2d Seismic Program On Block VIII Cambodia
Thenewswire· 2025-09-30 12:50
 GRANDE PRAIRIE, AB, (September 30, 2025): - TheNewswire - Angkor Resources Corp. (TSXV: ANK and OTC: ANKOF) (“Angkor” or “the Company”) announces its energy subsidiary, EnerCam Resources Co. Ltd. (Cambodia) (“EnerCam”) has completed the onshore 350-line kilometer 2D seismic program on Block VIII, including the newly added area of Mussel Basin.  The seismic program is the first onshore seismic for the Kingdom of Cambodia since preliminary lines were shot in 2008 and in 2013.   The Company contracted and us ...
Houston American Energy Corp. Announces First Revenue from State Finkle Unit Wells
Globenewswire· 2025-09-25 12:30
Core Insights - Houston American Energy Corp. (HUSA) has commenced production from the State Finkle Unit wells and received its first revenue [1][2] - The company aims to transition from an oil and gas exploration firm to a leader in renewable energy, utilizing revenues from traditional operations to support this shift [3] Production and Revenue - HUSA announced plans to drill six wells in the State Finkle Unit, each with approximately three-mile laterals, in the Wolfcamp formation, Reeves County, Texas [1] - The company received its first royalties from production at the initial wells in September 2025 [2] Strategic Direction - The CEO of HUSA highlighted that the funds invested in the wells are starting to deliver returns for shareholders, which will help fund the company's transformation into renewable energy [3] - HUSA holds approximately 0.0078 working interest in the State Finkle Unit, which is expected to provide ongoing royalty income over the life of the wells [3] Company Overview - HUSA is an independent energy company with a diversified portfolio across conventional and renewable sectors, historically focused on oil and natural gas exploration and production [4] - In July 2025, HUSA acquired Abundia Global Impact Group (AGIG), which specializes in converting waste plastics into low-carbon fuels, reflecting its commitment to meeting global energy demands through a mix of traditional and alternative energy solutions [4]
Houston American Energy Corp. Announces First Revenue from State Finkle Unit Wells
Globenewswire· 2025-09-25 12:30
Core Insights - Houston American Energy Corp. (HUSA) has commenced production from the State Finkle Unit wells and received its first revenue [1][2] - The company plans to transition from an oil and gas exploration firm to a leader in renewable energy, utilizing revenues from traditional operations to support this shift [3] - HUSA holds a 0.0078 working interest in the State Finkle Unit, which is expected to provide ongoing royalty income [3] Company Overview - HUSA is an independent energy company with a diversified portfolio in both conventional and renewable energy sectors [4] - The company has historically focused on oil and natural gas exploration but is actively expanding into high-growth segments, including sustainable fuels [4] - In July 2025, HUSA acquired Abundia Global Impact Group (AGIG), which specializes in converting waste plastics into low-carbon fuels, reflecting its commitment to energy transition technologies [4]
ReconAfrica Announces Filing of Prospectus Supplement for Upsized Underwritten Offering of C$18 Million
Globenewswire· 2025-09-23 19:30
Core Viewpoint - Reconnaissance Energy Africa Ltd. has announced an upsized overnight marketed underwritten public offering of units, filing a prospectus supplement on September 22, 2025, in connection with this offering [1]. Company Overview - ReconAfrica is a Canadian oil and gas company focused on exploring the Damara Fold Belt and Kavango Rift Basin in northeastern Namibia, southeastern Angola, and northwestern Botswana, holding petroleum licenses and access to approximately 13 million contiguous acres [3]. - The company also operates the Ngulu block in shallow waters offshore Gabon and is committed to minimal habitat disturbance and adherence to international environmental and social best practices [3]. Offering Details - The prospectus supplement is part of the company's final short form base shelf prospectus dated February 29, 2024, and is accessible through the securities commissions in Canada [1][2]. - Delivery of the prospectus will comply with the "access equals delivery" provisions of applicable securities legislation [2]. Contact Information - For further inquiries, the company provides contact details for its President and CEO, as well as the Managing Director of Investor Relations and Capital Markets [5].
Innovation Beverage Group Enters into Letter of Intent for Potential Merger with BlockFuel Energy, Inc.
Globenewswire· 2025-09-23 14:57
Core Viewpoint - Innovation Beverage Group Ltd (IBG) has announced a non-binding letter of intent for a merger with BlockFuel Energy Inc (BFE), aiming to combine beverage development with energy solutions for bitcoin mining and data centers [1][2]. Group 1: Merger Details - The merger will be structured as a reverse triangular merger, with a newly formed subsidiary of IBG merging into BFE, making BFE the surviving entity [2]. - BFE's owners will receive IBG common stock equal to 90% of the total issued shares of IBG post-transaction [2]. - Daniel Joseph Lanskey, current President and CEO of BFE, is expected to become Chairman and CEO of IBG, while Sahil Beri will transition to President of a new Australian beverage subsidiary [2]. Group 2: Valuation and Financial Implications - The post-merger equity valuation of the combined company is projected to be between US$220 million and US$343 million [3]. - Shareholders of IBG will own 10% of the combined entity, implying a post-transaction equity value for IBG of US$22 million to US$34.3 million, compared to a pre-transaction valuation of US$2.9 million to US$6.3 million [3]. Group 3: Strategic Partnerships - BFE has engaged Needham & Company as its investment banking partner for the merger [4]. Group 4: Company Backgrounds - IBG is a developer and marketer of a diverse beverage portfolio with 60 formulations across 13 brands, focusing on premium products [7]. - BFE specializes in oil and gas exploration, utilizing natural gas for power generation to support bitcoin mining and data centers, aiming to innovate within the energy sector [9].