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UNX Energy Corp. , has signed a 3D seismic contract with Polarcus Limited for offshore Namibia
UNX Energy Corp. (TSX-V: UNX) ("UNX" or "the Company"), an emerging oil and gas company with interests offshore Namibia, has signed a 3D seismic contract with Polarcus Limited (OAX: PLCS). UNX plans to acquire 1,460 km2 of 3D seismic in the 90%-owned 2713 blocks in offshore Namibia.

date.png26 Jan 2011 06:31 | comments.png 0 Comments | tags.png africa namibia offshore services tse unx [ More ]

UNX ENERGY SIGNS 3D SEISMIC CONTRACT WITH PETROLEUM GEO-SERVICES
UNX Energy Corp. (TSX-V: UNX) ("UNX"), an emerging oil and gas company with offshore interests in the Republic of Namibia, has signed a 3D seismic contract with Petroleum Geo-Services (OAX: PGS). UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration Licence 2815, consisting of Blocks 2815, 2816 and 2916, offshore Namibia. The program will target various features on the blocks, and is expected to commence in mid-February, 2011. The seismic program will be funded from proceeds raised in July and November of 2010.

date.png19 Jan 2011 12:17 | comments.png 0 Comments | tags.png namibia tsx unx-energy upstream [ More ]

Tower Resources Issue of Equity
Tower Resources, (AIM: TRP), the oil and gas exploration company with interests in sub-Saharan Africa, principally in Uganda and Namibia, announces today that Astaire Securities and Westhouse Securities have raised £660,000 before expenses through a placing with institutional and other investors including certain Directors of the Company(the 'Placing') of 22,000,000 new ordinary shares of 0.1p each in the Company (the 'Placing Shares') at a price of 3 pence per Placing Share.

date.png01 Nov 2010 14:19 | comments.png 0 Comments | tags.png aim investing namibia tower-resources [ More ]

CPR confirms Chariot’s estimate of gross mean prospective resource volumes
Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused oil and gas exploration company, is pleased to announce the results from its independent Competent Person’s Report (“CPR”) from Netherland Sewell & Associates Inc. (“NSAI”) which reports a gross P50 unrisked prospective resource volumes of 9.03 billion barrels with a gross mean unrisked prospective resource volumes of 10.08 billion barrels for its 4 licences
offshore Namibia.

date.png01 Nov 2010 06:39 | comments.png 0 Comments | tags.png chariot namibia upstream [ More ]

UNX Energy Announces $30,030,000 Bought Deal Financing
UNX Energy Corp. (TSXV: UNX) (“UNX” or the “Company”), a junior oil and gas company with interests offshore Namibia, is pleased to announce that it has entered into an agreement with Macquarie Capital Markets Canada Ltd. (“Macquarie”), on behalf of a syndicate of underwriters led by Macquarie that includes Cormark Securities Inc., Clarus Securities Inc., FirstEnergy Capital Corp., Raymond James Ltd. and Octagon Capital Corp. (collectively the “Underwriters”) pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, 9,100,000 common shares of the Company (“Common Shares”) (the “Offered Shares”) at CAD$3.30 per Common Share (the “Issue Price”) for gross proceeds of CAD$30,030,000 (the “Offering”). The Company has also granted to the Underwriters an over-allotment option entitling the Underwriters to acquire, at the Issue Price, up to an additional 1,365,000 Common Shares or such lesser number of Common Shares equal to the over-allocation position determined at the closing of the Offering. The over-allotment option is exercisable by the Underwriters, in whole or in part, at any time for 30 days following closing of the Offering.

date.png26 Oct 2010 12:11 | comments.png 0 Comments | tags.png canada investing namibia tsx unx upstream [ More ]

Tower Resources Interim Results for the six months ended 30 June 2010
Tower Resources plc, the oil and gas exploration company with interests in sub-Saharan Africa, principally in Namibia and Uganda, has today announced interim results for the six months ended 30 June 2010.

date.png14 Oct 2010 13:58 | comments.png 0 Comments | tags.png namibia results tower uganda upstream [ More ]

UNX Energy Appoints Mr. Brad Holub As Chief Operating Officer
UNX Energy Corp. (TSX-V: UNX) (“UNX”), an emerging oil and gas company with interests offshore Namibia, announced today that Mr. Brad Holub has been appointed as the Company’s Chief Operating Officer. His primary responsibilities will be to oversee the operations of the Company as well as to evaluate, develop and promote new business opportunities.

date.png06 Oct 2010 12:08 | comments.png 0 Comments | tags.png canada namibia unx upstream [ More ]
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