Prominence Energy Ltd
Prominence Energy Limited is an Australia-based energy company.
The business
Prominence Energy Limited is an Australia-based energy company. The Company is engaged in oil and gas exploration and investment activities. Its geographical segments include Australia and the United States of America. Its projects include Big Apple Gas Prospect, Bowsprit Project and WA-519-P. The Big Apple Gas Prospect straddles the boundary of two adjacent lease blocks A87 and A90 in the Brazos South Addition Area, with 100% working interest and leases covering an area of approximately 11,520 acres. It owns a 100% working interest in Bowsprit Project, which is located in Louisiana, United States. The WA-519-P Project is located offshore Western Australia. It has 100% Working Interest in the Big Apple Prospect in the Gulf of Mexico, targeting a potential and sizeable gas prospect, a 20% interest in Umine and a 10% interest in ECOSSAUS Ltd. It also considers potential Helium, Green Energy and particularly Green Hydrogen investment opportunities.
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Latest news
Prominence Energy Kicks Off Field Work in PEL 803 with Geochemical Survey for Natural Hydrogen
Prominence Energy (ASX: PRM) has initiated its first field exploration for natural hydrogen and helium with a geochemical survey in South Australia's PEL 803.
Prominence Energy targets natural hydrogen-helium space with nine-licence Gawler deal in SA
Prominence Energy (ASX: PRM) has entered into an agreement that will see it join the rush to explore for high-value natural hydrogen and helium in South Australia. The company has entered into a binding agreement to acquire Gawler Group Holdings, including its 100% interest in a total of nine petroleum exploration licence applications (PELAs) that contain […]
Prominence Energy attracts Hartshead Resources as strategic investor
Prominence Energy (ASX: PRM) has received a strategic $389,000 investment from North Sea oil and gas explorer Hartshead Resources (ASX: HHR) via a private placement. After the acquisition of 77.8 million shares at $0.005 per share, Hartshead will hold a 19.99% stake in Prominence. The company has also reported a number of board and management […]
Prominence Energy enters renewables market with 20% acquisition of Patriot Hydrogen
Prominence Energy (ASX: PRM) will secure its place at the renewables table following a $3.2 million capital raising to acquire 20% equity in private Australian explorer Patriot Hydrogen. The company received firm commitments from lead manager GTT Ventures to raise the money via a placement of 320 million shares at $0.01 each before costs. Around […]
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