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ConocoPhillips' Appraisal Well Confirms Slagugle Oil Discovery
ZACKS· 2025-06-20 15:16
Key Takeaways COP confirmed the Slagugle discovery in PL 891 with its second appraisal well, 6507/5-12S. The well hit multiple oil columns in an interval of 188 meters with strong flow rates. Slagugle may hold up to 61.6M barrels; further data analysis will determine development plans.ConocoPhillips (COP) , a global exploration and production firm, has confirmed the Slagugle oil discovery in the Norwegian Sea. The company had drilled a second appraisal well, 6507/5-12 S, in production license (PL) 891, op ...
Equinor Secures UK Floating Wind Leases in Celtic Sea Push
ZACKS· 2025-06-20 14:51
Core Insights - Equinor ASA (EQNR) and joint venture Gwynt Glas have secured rights to develop floating wind farms in the Celtic Sea, marking a significant advancement in the UK's clean energy initiatives [1][2][4] Group 1: Project Details - EQNR and Gwynt Glas will develop 1.5 GW of floating wind capacity each, with a total of 3 GW, under leases from The Crown Estate [2][9] - The annual lease fee is set at $470 per megawatt, approximately £350 per MW, contributing to a broader initiative for up to 4.5 GW of floating wind generation in the Celtic Sea [2][9] - The projects are expected to power over four million homes, showcasing their potential impact on energy supply [2][9] Group 2: Economic Impact - The floating wind farms are anticipated to attract over £1 billion in investment and create thousands of jobs, particularly benefiting local supply chains and port infrastructure [5][9] - The Crown Estate plans to announce a third project to utilize the remaining 1.5 GW of capacity by September 2025, indicating ongoing development in the sector [3][6] Group 3: Strategic Importance - Equinor views this project as a long-term strategic investment, emphasizing the scalability and flexibility of the seabed lease in deeper waters, which is crucial for meeting the UK's net-zero targets [4][6] - The announcement signifies the start of a long-term industrial buildout, with potential for an additional 4-10 GW of floating wind capacity in the Celtic Sea by the end of the decade [6]
Can Prairie Operating Co.'s Cost Leadership Set It Apart?
ZACKS· 2025-06-20 14:46
Core Insights - Prairie Operating Co. (PROP) is focusing on disciplined cost control and operational efficiencies as a competitive advantage in the DJ Basin [1][3] - The company is self-sourcing critical inputs and utilizing proprietary logistics to minimize costs and project timelines [2][8] - Prairie's strategy allows for scalable growth and margin preservation, providing a buffer against market volatility [3][6] Company Strategy - PROP is implementing a capital-light development program with a focus on short payback wells, allowing for flexibility while expanding production [1][8] - The company has 157 permits and over 586 gross locations in the DJ Basin, positioning itself effectively in a less competitive environment [6][8] - The shift of major players like Chevron and Civitas Resources away from the DJ Basin has created opportunities for Prairie to execute its strategy [4][5] Financial Performance - Shares of Prairie Operating Co. have decreased by 43% year to date [7] - The company trades at a forward price-to-sales ratio of 0.32, significantly below the sector average, indicating potential undervaluation [9] - Recent Zacks Consensus Estimates for 2025 and 2026 EPS have been revised down by 18% and 20%, respectively [11]
Eni and PETRONAS Sign JV Deal to Combine Asia Oil & Gas Assets
ZACKS· 2025-06-20 13:50
Key Takeaways Eni has signed a 50:50 joint venture agreement with PETRONAS to merge upstream assets in Asia. The new entity will hold 3B boe in reserves and aims for 500K boepd output, mainly from natural gas. The venture targets over 50 TCF of low-risk gas and 10B boe in exploration across Indonesia and Malaysia.Italian energy major Eni S.p.A. (E) has signed a major Framework Agreement with Malaysian state energy giant PETRONAS to merge their upstream oil and gas assets in Indonesia and Malaysia, paving ...
CIVI COURT REMINDER: Civitas Resources, Inc. Investors that Lost Money may have been Affected by Fraud -- Contact BFA Law by July 1 Court Deadline (NYSE:CIVI)
GlobeNewswire News Room· 2025-06-20 13:07
NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Civitas Resources, Inc. (NYSE: CIVI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Civitas you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/civitas-resources-inc. Investors have until July 1, 2025, to ask the Court to be appointe ...
Accenture shares slip on drop in quarterly bookings
Proactiveinvestors NA· 2025-06-20 13:01
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive adopts technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
OMS Energy Technologies Inc. 发布首次公开募股后运营最新进展,重点呈现客户增长、扩展举措、研发及安全成果
Globenewswire· 2025-06-20 03:15
Core Viewpoint - OMS Energy Technologies Inc. is a growth-oriented company focused on producing surface wellhead systems and oil country tubular goods for the oil and gas industry, recently preparing for its first earnings call following its successful NASDAQ listing in May 2025 [1][3]. Business Highlights - The CEO emphasized the company's strong operational foundation, supported by solid customer relationships, brand influence, and advanced R&D capabilities, which enable strategic flexibility for growth opportunities [3]. - OMS has established long-term contracts with global and local oil companies across the Asia-Pacific, Middle East, North Africa, and West Africa regions, enhancing business growth [3][4]. - The company has entered the Angolan market, securing a contract to supply surface wellhead systems for Grupo Simples Oil, expanding its brand influence in West Africa [3]. - In Indonesia, OMS attracted new clients through marketing efforts, leading to stable sales growth of surface wellhead systems and Christmas tree products [4]. - A new three-year agreement with long-term client PTTEP in Thailand will further solidify the company's revenue base starting July 1, 2025 [4]. - A 10-year supply agreement with Saudi Aramco is expected to generate annual revenues between $120 million and $200 million [4]. Geographic and Talent Expansion - OMS has strategically established 11 manufacturing facilities across six countries in the Asia-Pacific and Middle East regions, enhancing its competitive advantage [5]. - The company employs local staff and prioritizes local material procurement, which helps meet government tender requirements and enriches its talent pool [5]. Product Development and Manufacturing Progress - OMS invested $1.1 million in additive manufacturing research, advancing the development of high-pressure high-temperature valve metal seals [6]. - The company has completed the first phase of concept validation, ensuring readiness for new orders in Angola and contract renewals in Thailand [6][7]. - OMS maintains a stable production capacity to meet the growing demands of both new and existing clients [7]. Health, Safety, and Environmental Management - OMS's manufacturing facilities are certified under ISO 9001, API Q1, ISO 45001, and ISO 14001, demonstrating its commitment to quality, health, safety, and environmental management [8]. Strategic Development Initiatives - OMS is committed to sustainable long-term growth, collaborating with A*STAR and SIMTech on R&D projects focused on lifecycle analysis, energy efficiency monitoring, and digital transformation [9]. - The company is exploring growth opportunities through acquisitions, joint ventures, and strategic alliances to diversify revenue streams [9].
BCR聚焦国际金融热点: 原油68.25美元技术位成多空分水岭
Sou Hu Cai Jing· 2025-06-20 02:12
风险资产普遍承压:商品货币澳元下跌近1%至0.6465的周内低点,中国5月PPI同比下滑3.3%的数据加剧了抛售 压力。欧元虽短暂触及1.1632的三年高位,但受冲突影响回落。英镑创1.3633的39个月新高后,受英国经济数据疲 软抑制涨幅。 美元遭遇全面抛售:美元指数跌至97.60的三年低位,特朗普威胁"两周内对贸易伙伴加征关税"严重削弱市场信 心。美国通胀数据疲软(CPI同比2.4%)进一步强化美联储降息预期。技术面显示97.00关口成为关键支撑位。 本周核心观察: 原油68.25美元(200日均线)的技术支撑有效性 黄金3375美元的多空分界线 中东冲突进展及伊朗报复行动的实际影响(698字) 2025年6月16日——以色列上周末对伊朗核设施发动空袭,导致中东紧张局势急剧升级,全球金融市场出现剧烈波 动。WTI原油价格单日暴涨9.2%至74.74美元/桶,创2月3日以来新高;布伦特原油同步大涨7.2%至75.50美元。市 场担忧中东冲突可能影响全球原油供应,尤其关注霍尔木兹海峡的通行状况——若该运输通道受阻,全球20%原 油供应将面临中断风险。OPEC+原定7月增产41.1万桶的计划因此出现变数。 避险 ...
伊朗石油大撤退:卫星图像揭示德黑兰的"清仓式"出口策略
Hua Er Jie Jian Wen· 2025-06-20 00:05
伊朗正以史无前例的速度将原油推向全球市场,同时采取精密的物流调度来规避潜在打击,为可能到来的更大规模冲突做最后准备。 6月19日据媒体报道,伊朗正在向最关键的石油出口终端哈尔克岛上持续输送原油,试图在窗口期内将尽可能多的石油推向全球市场。卫星数据显 示: 在6月11日,即以色列发动袭击的前几天,哈尔克岛上巨大储油罐的浮动顶盖因未装满而投下明显的阴影。 但仅仅一周后,6月18日的图像显示,这些阴影消失了——罐顶升至最高点,表明储油罐已接近满负荷。 利用卫星图像追踪伊朗等国秘密石油贸易的公司TankerTrackers的联合创始人Samir Madani证实了这一观察,他指出: 幽灵船队:油轮的快闪与分散策略 岛上的原油库存确实出现了上升。 值得注意的是,库存上涨的同时,出口量也在激增。自6月13日以色列攻击开始后的五天内,伊朗石油出口量平均达到每日233万桶,较今年截至6 月14日的平均水平激增44%。 报道分析称,这种现象极不寻常。按照常理,如果出口量大幅增加,储罐应该在清空而非装满。唯一的解释是:伊朗正在同时向该设施输送更多 原油,试图在窗口期内将尽可能多的石油推向全球市场。 根据标普全球商品洞察2024年 ...
Civitas Resources, Inc. Class Action: Levi & Korsinsky Reminds Civitas Resources Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 1, 2025 – CIVI
GlobeNewswire News Room· 2025-06-19 20:00
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Civitas Resources, Inc. ("Civitas Resources" or the "Company") (NYSE: CIVI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Civitas Resources investors who were adversely affected by alleged securities fraud between February 27, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra- ...