Executive leadership at PRIMEENERGY RESOURCES.
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Recent press releases and 8-K filings for PNRG.
PRIMEENERGY-led Consortium Discovers Natural Gas at Malampaya East-1
PNRG
New Projects/Investments
- A major natural gas discovery, estimated at approximately 98 billion cubic feet, was announced at Malampaya East-1, marking the Philippines' first significant gas find in over a decade.
- The Malampaya Phase 4 drilling campaign, which led to this discovery, is being undertaken by the SC3A consortium, led by Prime Energy.
- This discovery could strengthen domestic gas supply and reduce reliance on coal, potentially extending the Malampaya field's contribution to the country's energy security.
- Despite the find, officials caution that the new reserve is small compared to regional assets, and the Philippines will still need to import liquefied natural gas to meet rising demand.
Jan 19, 2026, 12:08 AM
Pan American Energy Corp. Closes Private Placements
PNRG
New Projects/Investments
- Pan American Energy Corp. (PNRG) closed its non-brokered LIFE Offering, raising C$2,000,000 through the sale of 1,333,333 Charity FT Units at C$0.75 each and 2,000,000 non-flow-through units (NFT Units) at C$0.50 each.
- Concurrently, the company completed a non-brokered private placement, raising an additional C$1,000,000 from the sale of 2,000,000 units at C$0.50 per unit.
- The combined gross proceeds from both offerings total C$3,000,000, which will be primarily used for exploration expenses related to the company's existing projects and for general working capital purposes.
- In connection with the closings, $15,260 in cash and 30,520 finder's warrants were paid as finder's fees.
Oct 14, 2025, 10:01 PM
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