Malaysian independent Hibiscus Petroleum has achieved first oil from its SF30 waterflood phase two project at its South Furious 30 (SF30) field on the North Sabah production sharing contract ...
HOUSTON, TX / ACCESSWIRE / November 18, 2024 / (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the ...
There is a reliance on waterflood initiatives to sustain production levels, which may pose risks if expected outcomes are not achieved. The company's strategic focus on share buybacks and ...
The strong growth reflects de-bottlenecking efforts, base optimization, better than forecast new well performance, and West Nipisi waterflood response. Investment in gas conservation has seen total ...
Management, with support from our independent engineers Cobb & Associates, has developed a plan to expand the waterflood in the Seven Rivers formation. To date, 95 patterns have been developed and ...