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Prominence Energy Limited ( (AU:PRM) ) has shared an announcement.
Prominence Energy Limited has commenced the abandonment and site remediation of the Bowsprit-1 Project Lease, following the decision to relinquish the lease. The company has appointed Petroleum Coordinators Inc. to manage the project, with Select Oilfield Services LLC and Gulf Inland Inc. assisting in the plug and abandonment operations, ensuring an efficient and safe process.
More about Prominence Energy Limited
Prominence Energy Limited is an Australian Securities Exchange listed company based in Perth, focusing on high ROI opportunities in conventional oil and gas, as well as emerging sectors like Helium, Green Energy, and Green Hydrogen. The company holds interests in the Gulf of Mexico and has investments in uranium and solution-mined salt caverns for energy reserves and carbon capture.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €943.2K
For detailed information about PRM stock, go to TipRanks’ Stock Analysis page.