MCF Energy Ltd. is pleased to report initial results from the resumption of testing of the Reifling Formation at the Welchau-1 well in Austria. MCF holds a 25% economic interest in the Welchau project, with ADX Energy as the operator with the remaining 75% interest. The 128-meter thick Reifling Formation is the shallowest of four carbonate reservoirs intersected at Welchau-1. Injection test performed and a small [...]
MCF Energy Ltd. is pleased to report initial results from the resumption of testing of the Reifling Formation at the Welchau-1 well in Austria. MCF holds a 25% economic interest in the Welchau project, with ADX Energy as the operator with the remaining 75% interest. The 128-meter thick Reifling Formation is the shallowest of four carbonate reservoirs intersected at Welchau-1. The well was stimulated by pumping six cubic [...]
MCF Energy Ltd. is pleased to announce an update for the testing of the Welchau-1 well in Austria. MCF holds a 25% interest in the Welchau project, with ADX Energy as the operator with the remaining 75% interest. The Reifling Formation testing was interrupted after perforation in January 2025 due to legal objections by environmental non-governmental organizations in relation to Environmental Clearances provided to ADX for [...]
MCF Energy Ltd. is pleased to announce an operational update for the Kinsau-1A well in Lech, Germany, and licence extension information for the Reudnitz gas field and Erlenwiese licence. Kinsau 1-A Drilling Update, Lech, Germany The Kinsau-1A well has drilled to a total depth of 3310 meters Measured Depth and bottomed in the Jurassic Malm Reef Carbonate interval. The bottom hole of the new well is within 65 meters of the [...]
MCF Energy is pleased to announce an operational update for the Kinsau-1A well in Lech, Germany. Background The Kinsau-1A drilling project is a re-entry and redrill of the Kinsau-1 discovery well, originally drilled in 1983 by Mobil, which produced impressive test results of over 24 million cubic feet of gas and condensate per day. Mobil drilled the Kinsau-1 well to a depth of 3940 metres, where it encountered basement [...]
MCF Energy is pleased to announce that it has closed a second and final tranche to its previously announced non-brokered financing of Units. The Company issued 2,000,000 Units at a price of $0.05 per Unit for gross proceeds of $100,000. Each Unit consists of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.06 [...]
MCF Energy is pleased to announce that it has closed its previously announced non-brokered financing of Units. The Company issued 21,990,000 Units at a price of $0.05 per Unit for gross proceeds of $1,099,500. Each Unit will consist of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.06 until Sept 5, 2027. In [...]
MCF Energy is pleased to announce that it has increased its previously announced non-brokered financing from $500,000 to $1,200,000. The Offering will consist of 24,000,000 Units at a price of $0.05 per Unit. Each Unit will consist of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.06 for a period of 24 [...]
MCF Energy is pleased to announce a non-brokered private placement for aggregate minimum gross proceeds of $500,000. The Offering will consist of a minimum of 10,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional common share at an exercise price of $0.06 for a period of 24 months [...]
MCF Energy is pleased to announce an operational update for the Kinsau-1A well in Lech, Germany. The RED Drilling Rig 202 has completed drilling out the abandonment mud and cement plugs in the 13 3/8-inch casing from the original Kinsau-1 well drilled by Mobil in 1983. The inspection of the casing and bonding cement was done with both mechanical and remote sensing tools and found to be in good condition. The seal capacity [...]
MCF Energy is pleased to announce an operational update for the Kinsau-1A well in Lech, Germany. Lech, Germany The RED Drilling Rig 202 has completed rigging up at the Kinsau-1A drill site and testing the safety equipment. Drilling operations commenced on August 8th with the entry into the original 13 3/8-inch steel surface casing installed when Mobil drilled the Kinsau-1 discovery well in 1983. Despite testing at over 24 [...]
MCF Energy is pleased to announce an operational update for the Kinsau-1A well in Lech, Germany, and an update on the Phase 2 testing program for the Reudnitz Z2a well. Lech, Germany The RED Drilling Rig 202 has arrived at the Kinsau-1A drill site and is rigging up, with the Kinsau-1A well anticipated to begin drilling operations in the coming days. It is projected that the Kinsau-1A well will reach total depth in [...]
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