MCF Energy Ltd.

MCF Energy Ltd. is pleased to provide an update on its Austrian operations, specifically regarding its well permitting and planned spudding at the Giant Welchau anticline. Permitting is progressing ahead of schedule with Spudding anticipated during the first half of September 2023. James Hill, CEO of MCF Energy, stated, "The Welchau prospect could potentially hold an 644.6 BCFE equivalent best mid-case prospective [...]

MCF Energy Ltd. is pleased to announce that it has closed its previously announced non-brokered financing of subscription receipts. Pursuant to the Financing, the Company's subsidiary, 1401771 B.C. Ltd. has issued an aggregate of 24,799,000 Subscription Receipts at $0.50 for gross proceeds of $12,399,500. The Financing was up-sized from $8,000,000 and $12,000,000 due to significant demand. Each subscription receipt will [...]

MCF Energy Ltd. is pleased to announce that it has increased its previously announced non-brokered financing of subscription receipts from $8,000,000 to an aggregate of 24,000,000 subscription receipts at $0.50 for gross proceeds of $12,000,000. Each subscription receipt will convert into one common share of the Company concurrently with the closing of the previously announced acquisition of all of the outstanding shares [...]

MCF Energy Ltd. is pleased to announce that it has expanded its acquisition of German oil and gas interests through its purchase of all of the outstanding shares of Genexco GmbH, a private German oil and gas company. In addition to the previously announced purchase on January 23, 2023, the Company has also included additional interests held by a German company affiliated with Genexco. This acquisition now grants MCF [...]

MCF Energy Ltd. ; ; MCF Energy is pleased to announce that it has received approval from the TSX Venture Exchange to acquire a 50% interest in the Reudnitz natural gas prospect in Germany , allowing the Company to start work programs in the region. This acquisition is part of MCF Energy's efforts to strengthen Europe's energy security through its joint venture with Genexco GmbH , as announced on January 3, 2023 and [...]

MCF Energy Ltd. the Company announces that Mr. Frank Giustra directly acquired an aggregate of 1,200,000 common shares in a series of transactions through the facilities of the TSX Venture Exchange. Prior to the acquisition of common shares, Mr. Giustra and his related entities directly and indirectly owned 17,700,000 common shares of MCF Energy, representing approximately 9.61% of the outstanding common shares of the [...]

MCF Energy Ltd. has entered into a non-binding Letter of Intent to acquire all of the shares of Genexco GmbH , a privately owned German corporation. The acquisition of Genexco will position MCF Energy as a future leader in natural gas exploration in Germany with 100% interests and operatorship of its projects. It provides a significant portfolio and expert team with deep German operating experience. The Acquisition values [...]

MCF Energy Ltd. is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange under the trading symbol "DC6" . The Company's shares are now cross listed on the TSX Venture Exchange and the FSE. "Frankfurt Stock Exchange is one of the world's leading exchanges and Germany's most active. This listing is a natural fit for MCF Energy given our focus on large-scale natural gas exploration for Europe's [...]

MCF Energy has completed its previously announced acquisition of Austrian and German hydrocarbon interests, as described in the Company's news release dated Nov 29, 2022. The Company has also appointed an experienced board of directors, management team and advisors, and has completed a $8.5 million private placement financing, which collectively positions MCF Energy as a leading new explorer of large-scale natural gas [...]

Pinedale Energy is pleased to announce that on Nov 29, 2022, it has entered into an assignment agreement and exclusive partnership with Kepis & Pobe Financial Group to establish MCF as an active explorer and developer of new natural gas discoveries in Western Europe. Today's announcement provides MCF with significant hydrocarbon exploration assets in constrained markets, an accomplished leadership team with deep expertise [...]