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Mayan Energy focusses on strategic development post portfolio review

Thu, 29th Nov 2018 09:34

(Sharecast News) - Oil and gas company Mayan Energy intends to sift through the findings of its recent asset portfolio review in order to determine a strategy for its development.Mayan wrapped up a report on its total asset portfolio, covering licence, fixed asset and geological reports, along with proposals for initial development and operatorship, at its Zink Ranch, Austin Chalk, Stockdale and the Forest Hill Fields assets in November.The AIM-listed firm will focus its review on "optimal opportunities for value generation in the near-to-medium term".Chairman Paolo Amoroso, said: "Having received the independent full operational review report, I am looking forward to undertaking an assessment of the findings with the board and members of the technical team as we work to devise a strategy that enables Mayan to become value generative to its shareholders."Separately, Mayan revealed it had appointed Cantor Fitzgerald oil and gas head Sarah Cope as a non-executive director as part of its efforts to build a team with "a complementary skillset and expertise".As of 0930 GMT, Mayan shares had dipped just 0.0054% to 0.18p.

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26 Apr 2018 12:59

Mayan Energy Discovers New Gas At Stockdale Field In Texas

LONDON (Alliance News) - Mayan Energy Ltd on Thursday reported a new gas discovery in Texas while also noting positive progress on a Utah project in which it has an interest.Mayan said it 1

20 Apr 2018 13:07

Mayan Energy Complete Planned Works Stockdale Field Oil Well

LONDON (Alliance News) - Mayan Energy Ltd said Friday that it has completed its plan to acidise and commingle its Morris #1 well in south Texas.The previously announced plans are part of to

4 Apr 2018 09:37

Mayan Energy Completes Production Facilities At Projects In Texas

LONDON (Alliance News) - Mayan Energy Ltd said Wednesday that it completed production facilities in four wells at Forest Hill Field and inserted a workover rig at the Kelly at

23 Mar 2018 12:39

Mayan Energy Issues 3.3 Million Shares Following Warrants Exercise (ALLISS)

LONDON (Alliance News) - Mayan Energy Ltd said on Friday it has netted GBP10,000 from the issue of 3.3 million shares at a price of 0.3 pence of

8 Mar 2018 15:01

Mayan Energy Notes Asphalt Ridge Oil Sands Ideal For Making Diesel

LONDON (Alliance News) - Oil & gas company Mayan Energy Ltd said on Thursday that Toronto-listed Petroleq Energy Inc reported that oil from the Ridge

28 Oct 2016 14:19

Mayan Energy raises £1.25m in placing

(ShareCast News) - Oil and gas company Mayan Energy announced on Friday that it has completed a placing of 7,246,376,812 new ordinary shares of no par value each, at a placing price of 0.01725p to raise gross proceeds of £1.25m. The AIM-traded firm said the funds raised will be used to start oil and

30 Sep 2016 14:21

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Mayan Energy focusses on strategic development post portfolio review

Mayan Energy Discovers New Gas At Stockdale Field In Texas

Mayan Energy Complete Planned Works Stockdale Field Oil Well

Mayan Energy Completes Production Facilities At Projects In Texas

Mayan Energy Issues 3.3 Million Shares Following Warrants Exercise (ALLISS)

Mayan Energy Notes Asphalt Ridge Oil Sands Ideal For Making Diesel

Mayan Energy raises £1.25m in placing

Mayan Energy To See Better Second Half As Interim Loss Narrows

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