Core Insights - Meren Energy Inc has upgraded its trading status from OTC Pink to OTCQX, enhancing its investor engagement strategy and visibility in capital markets [1][3][4] Company Strategy - The upgrade is part of a broader plan for more active engagement with investors and sell-side analysts, following a strategic consolidation deal that doubled the company's reserves and production [2][3] - The OTCQX listing is expected to improve visibility on market data systems used by brokers and funds, thereby attracting more coverage and supporting investor relations outreach in the U.S. markets [4][5] Cost Efficiency - The upgrade to OTCQX is described as cost-effective, providing many benefits of a full listing at a lower cost and regulatory burden, while maintaining high standards of Canadian disclosure [5] Upcoming Events - The company plans to publish its third quarter results on November 13, with the potential for declaring another quarterly dividend, which could bring total annual distributions to $100 million [6] - Operational catalysts include restarting infill drilling in Nigeria, progressing the Preowei project towards a final investment decision, and potential high-impact exploration in Namibia with the Venus discovery [7]

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Core Insights - U.S. energy firms have increased the number of oil and natural gas rigs for the third time in four weeks, according to Baker Hughes' report [1] Industry Summary - The addition of rigs indicates a potential uptick in energy production activity within the U.S. energy sector [1]

Petrobras will continue expanding production at the world’s biggest oil field this year while avoiding cost inflation as it advances deep-water projects. https://t.co/Aokn0va2LO ...

Brazil's Petrobras expects annual capital expenditures to be between the midpoint and top of its current estimates, as it rolls out investments faster than expected, the state-run oil company's chief financial officer said on Friday. ...

PresentationI would now like to hand the conference over to Ken Gray, Petrus', CEO. You may begin.Hello, and thank you for standing by. Welcome to Petrus Resources Third Quarter 2025 Earnings Conference Call. [Operator Instructions]Ken GrayPresident, CEO & Director Good morning, and thanks for joining the Petrus Resources Q3 Earnings Call. I'm Ken Gray, CEO of Petrus, and I'm joined by our executive team of Matthew Wang, CFO; Matt Skanderup, COO; and Lindsay Hatcher, VP Commercial and Corporate Development. ...

Core Viewpoint - Oil and gas will continue to play a critical role in the energy sector for the foreseeable future, with ongoing discussions about their use as fuel [1] Industry Summary - The energy sector is at a crossroads regarding the future role of oil and gas, as highlighted by Exxon Mobil's CEO Darren Woods [1]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Hungarian oil company MOL Group has announced that it can source most of its crude oil from non-Russian suppliers, signalling a change in its approach to energy procurement. This announcement came just ahead of a meeting today between Hungarian Prime Minister Viktor Orban and US President Donald Trump in Washington, DC, reported Bloomberg. The discussions between the two leaders are expected to focus on sanctions targeting Russian oil. MOL, which operates refineries in both Hungary and Slovakia, stated ...

Performance Webcast 7th of November, 2025 P-78 Arrival at the Búzios Field in September 2025 We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason. Figures for 4Q25 on are estimates or targets. All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward-looking statement contained in this presentation. In ...