Previous Close | 0.2650 |
Open | 0.3300 |
Bid | 0.3100 x N/A |
Ask | 0.3200 x N/A |
Day's Range | 0.2850 - 0.3350 |
52 Week Range | 0.1650 - 0.6300 |
Volume | |
Avg. Volume | 519,001 |
Market Cap | 76.895M |
Beta (5Y Monthly) | 1.85 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.0400 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) (OTCQX: MCFNF) ("MCF", "MCF Energy" or the "Company") is pleased to announce a potentially significant gas and condensate discovery at the Welchau-1 well in Austria. The well encountered 115 metres of rich gas shows between 1,452 metres and 1,567 metres with strong evidence of natural fracturing, essential for gas production performance. A hydrocarbon seal was confirmed above the primary target, mitigating a major risk with the project. The Welchau prospect
MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) (OTCQX: MCFNF) ("MCF", "MCF Energy" or the "Company") is pleased to announce a progress update on the drilling of the Welchau-1 gas exploration well in Austria. The well successfully reached a depth of 1155 metres on March 10, advancing approximately 4 days ahead of its scheduled timeline. Minor hydrocarbon shows and fracturing patterns suggest the presence of hydrocarbons in deeper formations, and are evidence of an active petroleum system at the Welchau-1
MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) (OTCQX: MCFNF) ("MCF", "MCF Energy" or the "Company") is pleased to announce that the Welchau-1 gas exploration well was spudded on the 24th of February using the RED Drilling & Services GmbH (RED) E200 drill rig in the ADX-AT-II exploration licence in Upper Austria.