Mendell Helium finds five new drill targets at Fort Dodge, Kansas
Mendell Helium finds five new Fort Dodge drill targets in Kansas as it weighs expanding its fully funded 2026 campaign.
Section
Energy
RSSOil, gas, mining and energy small-caps - exploration, permits, drilling and production news.
Kistos shares fall 6% despite Oman deal and $280m earnings boost
Kistos shares fell 6% despite $280m pro forma earnings as Oman deal completion pushed net debt up to $101m.
European Green Transition up 2% as wind orderbook grows and Drax deal renewed
European Green Transition shares rise 2% after Drax contract renewal and growth in its wind turbine repowering pipeline.
BP guides to $8bn debt cut as refining margins surge, flags up to $4.5bn writedowns
BP flags an $8bn debt cut and stronger refining margins, but warns of up to $4.5bn in impairments on its low-carbon business.
Borders & Southern raises £2m at 11.5p to advance Falklands gas find
Borders & Southern raises £2m at 11.5p from a single investor to fund its Falklands Darwin gas condensate discovery.
Pulsar Helium details financing plan for US$85.5m Minnesota helium plant
Pulsar Helium outlines a debt- and public-sector-led funding strategy for its US$85.5m Minnesota helium and CO2 plant.
Petro Matad shares crash 29% as PetroChina delay forces well shut-in
Petro Matad shares fall 29% after PetroChina again delays crude payments, forcing a shut-in of Mongolian wells.
Helix Exploration moves from Rudyard helium tests to first commercial sales
Helix Exploration ships first commercial helium from Rudyard and tolls gas through its new Keyes plant, despite a Montana production pause.
Mendell Helium’s Fort Dodge Wells Show Rising Concentrations as Kansas Push Continues
Mendell Helium’s Kansas well Rost 2 shows helium readings above 10%, more than double Rost 1, as Hormuz supply risk lingers.
North Sea gas now 50% pricier than US LNG imports, analysts warn
Windfall tax has pushed UK North Sea gas break-even costs to $13.50/MCF, above the $8-9/MCF cost of importing US LNG, analysts say.