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CALGARY, Alberta, March 15, 2021 (GLOBE NEWSWIRE)
Leucrotta Exploration Inc. ( Leucrotta or the Company
) (TSXV - LXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a $20.0 million bought deal financing (the
Financing ) by way of a short form prospectus offering. The Company will be conducting a concurrent non-brokered private placement of $2.0 million flow-through units of the Company. The Company has also entered into a definitive agreement with an Alberta based publicly traded oil and gas company in connection with disposition of its non-strategic lands (the
Leucrotta Exploration Announces Asset Disposition, Financing and Phase 1 Mica Pad Development globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Australia: Triangle Energy provides update on the resources, well planning and farmout of its Cliff Head project
15 Mar 2021
Farmout campaign and well planning for Cliff Head satellite drilling ongoing
Triangle Energy has provided an update regarding its
Cliff Head project, located in
Production License WA-31-L in the Perth Basin.
Cliff Head Contingent and Prospective Resources
On 3 November 2020, Triangle announced that in light of BP s intention to cease fuel production at its Kwinana Refinery and convert the Refinery into an import terminal, the Company withdrew its Resources and Reserves estimates on the basis that the economic parameters underpinning these were now unknown.
Investegate |Independent Oil &Gas Announcements | Independent Oil &Gas: Goddard and Abbeydale Area Technical Update investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.