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Active Energy Group PLC (LSE:AEG) | RNS | Active Energy Group - Award of Canadian Notice of Allowance for Patent


 
Active Energy Group plc is a
London listed (AIM: AEG) renewable energy company focused on the production and development of next generation biomass products that have the potential to transform the traditional coal fired-power industry and existing renewable biomass industry.
The Company has developed a proprietary technology which transforms waste biomass material into high-value renewable fuels.  Its patented product CoalSwitch™ is a leading drop-in renewable fuel that can be co-fired with coal, completely replace coal as an alternative feedstock without requiring significant plant modifications or replace existing biomass feedstock resources. Active Energy Group s immediate strategic focus is the production and commercialisation of CoalSwitch™ and further CoalSwitch™ fuel blends that utilise other waste wood and residual materials. ....

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Proactive Oil & Gas weekly highlights: Diversified Energy Company Plc, Union Jack Oil Plc, Tower Resources Plc, ADM Energy Plc, Scirocco Energy Plc, Hurricane Energy Plc, Kistos Plc, Challenger Energy Group Plc


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Proactive Oil & Gas weekly highlights: Diversified Energy Company, Union Jack Oil, Tower Resources, ADM, Scirocco, Hurricane, Kistos, Challenger Energy
It was another active week in the small-cap oil and gas sector.
Diversified Energy Company PLC (LON:DEC) confirmed it has raised US$225mln in a placing and retail offer as it advances its latest acquisition. It will issue 141.5mln new shares at 112p per share.
Proceeds will cover the cost of the newly announced Blackbeard acquisition which sees the company pick up another 820 wells producing 16,000 barrels oil equivalent per day (boepd) in its recently established Central regional focus area (RFA). The deal consideration is US$166mln. ....

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