CALGARY, AB / ACCESS Newswire / February 25, 2026 / Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) announces 2025 year-end reserves. Touchstone's independent reserves evaluation was prepared by GLJ Ltd. ...

HOUSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) announced that it will be participating in SpareBank 1 Markets Energy Conference to be held in Oslo, Norway where Chief Executive Officer George Maxwell is scheduled to make a presentation on Wednesday, February 25, 2026. In conjunction with this press release, the Company has posted an updated investor presentation to its website. The presentation is available at the following link: (https://www ...

                   GRANDE PRAIRIE, ALBERTA (February 24, 2026) – TheNewswire - ANGKOR RESOURCES CORP. (TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces the completion of a trenching and sampling program at the CZ Gold Prospect in Ratanakiri Province, Cambodia. As previously announced (see ANGKOR RESOURCES ADVANCES EXPLORATION ON CZ GOLD AND WILD BOAR PROSPECTS, ANDONG MEAS LICENSE, CAMBODIA), the Company’s mineral exploration team initiated a large-scale trenching program at the CZ Gold Prospect, located o ...

Core Insights - The article discusses the top ASX companies that have gained attention in Week 8, highlighting market trends and potential investment opportunities. Group 1: Forte Energy - Forte Energy (ASX:FEL) attracted significant interest with a new acquisition of 143,368 acres of "highly prospective" leases in Alaska for oil exploration [3][4] - The acquired land consists of 11 exploration leases located on proven petroleum systems, previously explored by XCD Energy and 88 Energy [4] - The company's current share price is at 0.6 cents per share, indicating it remains a micro-cap stock [4] Group 2: LDR Capital Property - LDR Capital Property (ASX:LED) has rebranded from "ECF I" and "ECF II" following the completion of LDR Asset's takeover of the Elanor Commercial Property Fund [5][6] - The takeover was finalized at 70 cents per share, merging Elanor and LDR into a larger asset management entity [6] - The current share price for LDR is 5.8 cents per share [6] Group 3: Pro Medicus - Pro Medicus (ASX:PME), a $13 billion healthcare imaging company, is experiencing increased interest as it may be entering a 'value' range after a -43.2% year-to-date decline [7][8] - The company reported first-half FY26 revenue of A$128.94 million and net income of A$171.22 million, alongside a dividend announcement of 32 cents per share [8] - The current share price for Pro Medicus is $125.53 per share, significantly lower than its previous peak of $327 [8] Group 4: Other Companies - Other companies mentioned in the HotList include Zip Co, WiseTech, CSL Ltd, LinQ Minerals, Botanix Pharmaceuticals, Xero Limited, and Telix Pharma [8][9]

Core Viewpoint - Eco (Atlantic) Oil & Gas Ltd. is migrating its common shares trading to the London Stock Exchange's SETS trading platform effective February 19, 2026 [1] Company Summary - Eco (Atlantic) Oil & Gas Ltd. is an oil and gas exploration company focused on the offshore Atlantic Margins [1]

Core Viewpoint - TAG Oil Ltd. has successfully closed a brokered offering of units, raising a total of $11,500,000, which will be used for development activities in Egypt and general corporate purposes [1][2]. Group 1: Offering Details - The offering consisted of units priced at $0.10 each, with each unit comprising one common share and one warrant, allowing the purchase of an additional common share at $0.13 until February 18, 2030 [1]. - The offering was led by Research Capital Corporation and included the full exercise of the over-allotment option [1]. - The company issued 5,640,000 units under the "listed issuer financing exemption" and 5,860,000 units under a private placement [12]. Group 2: Use of Proceeds - The net proceeds will be allocated to appraisal and development activities at the Badr Oil Field and Southeast Ras Qattara concessions in Egypt [2]. - Specific activities include drilling a new vertical delineation well at BED-1 and conducting a Diagnostic Fracture Injectivity Test at the SERQ Concession [2]. Group 3: Insider Participation - Insiders of the company acquired a total of 4,500,000 units in the offering, which is classified as a related-party transaction [4]. - The company is relying on exemptions from formal valuation and minority security holder approval requirements due to the offering's value being below 25% of its market capitalization [4]. Group 4: Financial Arrangements - TAG Oil paid a cash commission of $704,320 to the agents and issued 7,043,200 broker warrants, each exercisable at $0.10 until February 18, 2030 [7]. - An advisory fee of $98,500 plus tax was also paid, along with the issuance of 985,000 advisory warrants on the same terms as the broker warrants [7].

Core Insights - Chevron Corporation, through its Dutch subsidiaries, has signed lease agreements with the Hellenic Republic for the exploration of four offshore blocks in Greece [1] - The blocks are located south of Crete (South Crete 1, South Crete 2) and within the Peloponnese (South of Peloponnese, and Block A2) [1] - Chevron holds a 70% operating interest in the awarded consortium, while HELLENiQ ENERGY holds a 30% interest [1]

Core Insights - Azule Energy, a joint venture between bp and Eni, has made a significant oil discovery at the Algaita-01 exploratory well in Block 15/06, offshore Angola, estimated to contain around 500 million barrels of oil [1][2] Company Overview - Azule Energy operates Block 15/06 with a 36.84% interest, alongside partners SSI Fifteen (26.32%) and Sonangol E&P (36.84%) [1] - The Algaita-01 well is located approximately 18km from the Olombendo floating production, storage, and offloading (FPSO) vessel operated by Azule Energy [2] Exploration and Drilling Details - Drilling for the Algaita-01 well commenced on January 10, 2026, and concluded on January 26, 2026, at a water depth of 667m [3][4] - Preliminary analysis from wireline logging and fluid sampling indicates multiple reservoir intervals with excellent petrophysical qualities and fluid mobility, particularly in oil-bearing sandstones across several Upper Miocene intervals [4][5] Industry Impact - The discovery reaffirms the high potential of the Lower Congo Basin and supports the ongoing exploration strategy, which is expected to positively impact national production and state revenues [6] - The Angolan National Agency of Petroleum, Gas and Biofuels (ANPG) encourages the identification of new opportunities under existing incentive mechanisms, which could facilitate swift monetization of the discovery [7]

Core Insights - The company reported a strong cash position of almost $30 million at the end of December, resulting from careful capital management, reduced liabilities, and improved portfolio pricing [3] - A strategic move into oil and gas exploration acreage in the onshore Otway and Cooper Basins has been completed, with rigorous assessments conducted by technical and commercial teams to identify attractive acquisition opportunities [4] Financial Performance - The December quarter results indicate a solid financial standing, allowing the company to explore various attractive capital deployment options [3] Strategic Initiatives - The recent acquisition of exploration permits in the Otway and Cooper Basins is highlighted as a significant strategic move, with further details to be discussed by the COO [4]

Core Insights - MOL Group is expanding its international presence by entering Libya's upstream sector through a joint offshore exploration venture with Repsol and Türkiye Petrolleri A.O. [1] - The consortium has secured the right to explore the O7 offshore block, part of Libya's first licensing round in 17 years, which was reopened by the National Oil Corporation in March 2025 [1][3]. Group 1: Exploration and Investment - The O7 block covers over 10,300 square kilometers in deepwater areas exceeding 1,500 meters, located approximately 140 kilometers northwest of Benghazi [2]. - Libya is Africa's second-largest oil producer and holds the continent's largest proven crude reserves, but political instability has limited investment and production since 2011 [3]. Group 2: MOL's Strategy and Operations - MOL's entry into Libya aligns with its upstream diversification strategy, as the company currently produces oil and gas in eight countries and aims to maintain production above 90,000 barrels of oil equivalent per day over the next five years under its SHAPE TOMORROW strategy [4]. - The CEO of MOL stated that this move not only represents geographic expansion but also enhances supply security for Central Europe [5]. Group 3: Regional Dynamics - The deal strengthens energy ties between Libya and Türkiye, which has been increasing its economic influence in North Africa, particularly in offshore development and infrastructure [5].