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India's Petroleum Minister: I'm optimistic on EU-India trade deal
Youtube· 2026-01-27 23:10
The mother of all deals has been signed between the Indian contingent and of course the EU contingent. The negotiations done. The prime minister announcing it and guess what he announced it right here in the presence of Adep Singh Puri before the deal was actually supposed to be announced in his virtual address inaugurating energy week.What are the implications sir for uh the energy sector. You've been a diplomat now for 50 years or so. >> You you're placing me in a very interesting uh position.Um I love to ...
Jura Announces Dismissal in Full of PEL’s Appeal against certain reliefs granted in the Settlement Agreement Arbitral Award
Globenewswire· 2026-01-27 00:18
Core Viewpoint - Jura Energy Corporation has successfully dismissed an appeal by Petroleum Exploration (Private) Limited regarding the jurisdiction of an arbitrator, which positively impacts the enforcement of reliefs granted to its subsidiaries [1][2]. Group 1: Legal Developments - The UK Court dismissed PEL's appeal in full, which challenges the arbitrator's jurisdiction over certain reliefs granted to Jura's subsidiaries [1][2]. - The dismissal of the appeal removes legal uncertainty regarding the implementation and enforcement of the arbitral award [2]. - The UK Court awarded approximately GBP 384,000 in costs to the Claimants and granted an anti-suit injunction against PEL [3]. Group 2: Company Operations - Following the dismissal of the appeal, the Claimants have resumed steps to enforce the arbitral award, although the legal process is expected to take time [4]. - Jura Energy Corporation is engaged in the exploration, development, and production of petroleum and natural gas properties in Pakistan through its subsidiaries [5].
Sintana Energy Inc. Provides Rule 2.9 Announcement
Globenewswire· 2025-12-09 07:00
Core Points - Sintana Energy Inc. announced the issuance of 936,666 new common shares on December 8, 2025, due to the exercise of options [1] - As of the announcement date, Sintana has a total of 381,112,211 common shares listed on TSXV [1] Company Overview - Sintana Energy is engaged in petroleum and natural gas exploration and development activities across five large, highly prospective onshore and offshore petroleum exploration licenses in Namibia and Colombia's Magdalena Basin [3] - The company's exploration strategy focuses on acquiring, exploring, developing, and producing high-quality assets with significant value-added potential [3]
Jura Announces Release of Interim Filings
Globenewswire· 2025-12-01 22:10
Core Points - Jura Energy Corporation has filed its condensed consolidated interim financial statements for the three and nine months ended September 30, 2025 and 2024 [1] - The company is engaged in the exploration, development, and production of petroleum and natural gas properties in Pakistan [2] Company Overview - Jura Energy Corporation is based in Calgary, Alberta, and is listed on the TSX-V under the symbol JEC [2] - The company operates in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited [2]
Challenger Energy Group PLC Acquisition Update
Globenewswire· 2025-10-21 20:56
Core Viewpoint - Sintana Energy Inc. is progressing with its acquisition of Challenger Energy Group PLC through an all-share transaction, with significant shareholder support and upcoming court meetings to facilitate the process [1][6][8]. Acquisition Details - Sintana intends to acquire all issued and to be issued ordinary shares of Challenger Energy Group PLC [1]. - The Board of Challenger has filed a Claim Form in the Isle of Man High Court to convene a Court Meeting on November 26, 2025, for shareholders to consider the proposed acquisition [2][3]. - A hearing for the Claim is scheduled for October 29, 2025, with a subsequent hearing for sanctioning the Scheme expected on December 9, 2025 [4]. Shareholder Support - Independent directors of Challenger recommend that shareholders vote in favor of the acquisition, with irrevocable commitments from certain shareholders representing approximately 34.2% of Challenger's issued ordinary share capital as of October 8, 2025 [6]. Regulatory and Approval Process - The completion of the acquisition is contingent upon customary regulatory, stock exchange, and shareholder approvals, anticipated to close by the end of Q4 2025 [8]. Company Background - Sintana Energy is engaged in petroleum and natural gas exploration and development in Namibia and Colombia, focusing on acquiring and developing high-potential assets [9].
Jura Announces New Interim Chief Executive Officer
Globenewswire· 2025-04-28 22:31
Core Points - Jura Energy Corporation has appointed Dr. Shakeel Ahmed as Interim Chief Executive Officer following the resignation of Mr. Nadeem Farooq [1][2] - Dr. Ahmed has over 30 years of experience in the petroleum and natural gas industry and has been with the company since 2020 [1] - Mr. Farooq will continue to serve as an advisor to the board of directors [2] Company Overview - Jura Energy Corporation is an international energy company focused on the exploration, development, and production of petroleum and natural gas properties in Pakistan [3] - The company is based in Calgary, Alberta, and is listed on the TSX-V under the symbol JEC [3] - Jura operates in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited [3]