Shares in Pura Vida Energy surged more than 80 per cent higher today, to 3.1 cents, after it secured a binding farm-in agreement with UK-based Gemini Resources to earn a 35 per cent interest in two onshore oil and gas projects in Poland.
Birimian has appointed Michael Langford and James McKay as non-executive directors, following the retirement of Winton Willesee and Hugh Bresser from the board.
Local oil explorer Pura Vida Energy has slashed director salaries and accepted the resignation of chairman Jeff Dowling as it seeks to further cut costs to preserve cash holdings.
Shares in Perth-based African oil explorer Pura Vida Energy took a hit today, dropping more than 50 per cent after it advised that a key exploration well in Morocco had produced disappointing results.
Last month's huge oil discovery off the Pilbara coast, which could be the largest local find in 30 years, has already provided West Perth junior Carnarvon Petroleum with a significant boost to its share price.
Pura Vida Energy has named Jeff Dowling as its new chairman and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign from the board but remain in an executive role
Junior oil and gas company Pura Vida Energy has named Jeff Dowling as its new chairman and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign from the board.
Pura Vida Energy says it is set to pay off its $4 million in debt after receiving in-principle government approval for its farm-out of its Mazagan oil and gas exploration permit off the coast of Mo
Oil and gas exploration play Pura Vida Energy will tap investors and financiers for up to $12 million, to fund the ramp-up of drilling activities at its newly-acquired Nkembe block, off the coast o
Oil and gas junior Pura Vida Energy has completed a $5.95 million placement, to fund drilling programs at its Mazagan acreage off the coast of Morocco.
Shares in Perth-based oil and gas junior Pura Vida Energy jumped on the Australian Securities Exchange today, in response to stockbrokers' backing of a resources upgrade at its 75 per cent-owned Ma
Pura Vida Energy shares have jumped on the ASX today, after the Perth-based company unveiled an upgraded resource at its Mazagan exploration permit, off the coast of Morocco.
PERTH-BASED oil junior Pura Vida is sparring with a Chinese media play to become the last listing in 2011, a lean year for initial public offerings after the heady years that led up to the GFC and
Perth-based oil junior Pura Vida has announced plans to raise $4 million and list on the Australian Securities Exchange to fund exploration off the coast of Morocco.