SAN ANDRÉS | Jotup

Empire Petroleum Provides Encouraging North Dakota Drilling Program Update and Reports Q1 2024 Results

Retrieved on:

Wednesday, May 15, 2024

Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Economics, Growth, AGU, SWD

Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today provided an update on its North Dakota development drilling program and reported results for the first quarter of 2024.

Key Points:

Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today provided an update on its North Dakota development drilling program and reported results for the first quarter of 2024.
We continue to see excellent well economics within our North Dakota operations and are pleased to have achieved significant per-well cost reductions as compared to our initial expectations, following the drilling of our most recent wells.
Our principal focus for the balance of 2024 is to complete our North Dakota development program.
Moving into 2025, the Permian in New Mexico’s Lea County represents a significant production growth opportunity.

Evolution Petroleum to Participate in Water Tower Research Fireside Chat and Provides Update on SCOOP/STACK and Chaveroo Operations

Retrieved on:

Thursday, March 7, 2024

Permian, Policy, Acquisition, Senior, Evolution, EPM

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") announced today that the Company is scheduled to participate in a fireside chat with Water Tower Research on March 20, 2024, at 1:00 PM Central Time.

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HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") announced today that the Company is scheduled to participate in a fireside chat with Water Tower Research on March 20, 2024, at 1:00 PM Central Time.
Additionally, Evolution plans to participate for its full 50% working interest in the second development block, which consists of 6 horizontal well locations.
The Company fully expects to systematically participate in future development blocks, holding in aggregate over 70 additional horizontal well locations.
Future acreage costs are fixed at $36,000 per additional net horizontal well, spaced at approximately 160 gross acres per well.

Evolution Petroleum Reports First Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Second Quarter

Retrieved on:

Tuesday, November 7, 2023

Evolution reported $20.6 million of total revenue for the current quarter, a 13% increase from the prior quarter.

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Evolution reported $20.6 million of total revenue for the current quarter, a 13% increase from the prior quarter.
Lease operating costs (“LOE”) remained relatively flat at $11.9 million in the current quarter compared to $11.8 million in the prior quarter.
During the first quarter of fiscal 2024, the Company fully funded operations, development capital expenditures, and cash dividends through cash generated from operations and working capital.
As previously announced, Evolution Petroleum will host a conference call on Wednesday, November 8, 2023, at 10:00 a.m. Central Time to review its first quarter fiscal 2024 financial and operating results.

Aura Announces Q3 2023 Financial and Operational Results and Guidance Update

Retrieved on:

Tuesday, November 7, 2023

ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).

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ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).
The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
These efforts have solidified our strategy to reach an annualized production rate of 450,000 GEO by 2025.”
Q3 2023 Financial and Operational Highlights:
Production reached 64,875 GEO in Q3 2023, an increase of 34% compared to Q2 2023 and 12% compared to Q3 2022.
Adjusted EBITDA was $30,020 in Q3 2023, an improvement of 13% compared to $26,596 in Q2 2023, as a result of higher production and sales volumes.

Aura Announces Third Quarter 2023 Production Results with 34% Increase

Retrieved on:

Tuesday, October 10, 2023

Total production in GEO increased by 34% in Q3 2023 compared to Q2 2023, due to the commencement of commercial production in Almas mine, higher production at the Aranzazu, San Andres and EPP mines.

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Total production in GEO increased by 34% in Q3 2023 compared to Q2 2023, due to the commencement of commercial production in Almas mine, higher production at the Aranzazu, San Andres and EPP mines.
At EPP, production was 11,185 GEO, 62% higher in Q3 2023 than in Q2 2023.
At San Andres, production was 17,543 GEO for the quarter, representing a 7% increase compared to the previous quarter.
Almas commenced commercial production this quarter, and the results have exceeded market benchmarks.

Aura Announces Q2 2023 Financial and Operational Results and Guidance Update

Retrieved on:

Tuesday, August 8, 2023

ROAD TOWN, British Virgin Islands, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended June 30, 2023 (“Q2 2023”), which also contains the Annual Guidance Update (“2023 New Guidance”) and maintenance of the 2025 production target (“2025 Production Target”).

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ROAD TOWN, British Virgin Islands, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended June 30, 2023 (“Q2 2023”), which also contains the Annual Guidance Update (“2023 New Guidance”) and maintenance of the 2025 production target (“2025 Production Target”).
The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
Q2 2023 Financial and Operational Highlights:
Total production in GEO decreased by 13% in Q2 2023 compared to Q2 2022, mainly due to mine sequencing at EPP Mines.
When calculated based on constant prices, production in GEO increased by 7% in Q2 2023 compared to Q2 2022.

Aura Announces Second Quarter 2023 Production Results

Retrieved on:

Monday, July 10, 2023

EPP, ROAD, ORA, Gold, GEO, Arantzazu, OTCQX, TSX, Almas, Rare-earth element, Satellite navigation device

Total production in GEO decreased by 13% in Q2 2023 compared to Q2 2022, mainly due to mine sequencing at EPP Mines.

Key Points:

Total production in GEO decreased by 13% in Q2 2023 compared to Q2 2022, mainly due to mine sequencing at EPP Mines.
When calculated based on constant prices, production in GEO increased by 7% in Q2 2023 compared to Q2 2022.
Aura remains on track to meet its production guidance of between 56,000 and 64,000 GEO for EPP in 2023.
Production in GEO increased by 16% when compared to Q1 2023, confirming the Company’s expectation of gradual improvement quarter after quarter.

Aura Announces First Quarter 2023 Production Results

Retrieved on:

Monday, April 10, 2023

Metal, EPP, Silver, ROAD, ORA, Gold, GEO, Borborema, Arantzazu, Mining, OTCQX, TSX, Copper, Culture, Almas, Palladium, Mobile phone

ROAD TOWN, British Virgin Islands, April 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines: the San Andres Mine, Ernesto/Pau-a-Pique Mine (“EPP”) and Aranzazu Mine, for the first quarter of 2023.

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ROAD TOWN, British Virgin Islands, April 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines: the San Andres Mine, Ernesto/Pau-a-Pique Mine (“EPP”) and Aranzazu Mine, for the first quarter of 2023.
Total production reached 53,265 gold equivalent ounces (“GEO”)1 during Q1 2023.
The Company expects production from EPP to increase during the second half of the year, on track to meet production guidance for the year.
Preliminary GEO production volume for the three months ended March 31, 2023, when compared to the previous quarter and the same period of 2022 is shown below:

Aura Announces 2022 Annual Financial and Operational Results and 2023 Guidance

Retrieved on:

Tuesday, February 28, 2023

ROAD TOWN, British Virgin Islands, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its audited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the year ended December 31, 2022, which also contains the Annual Guidance (“2023 Guidance”).

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ROAD TOWN, British Virgin Islands, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its audited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the year ended December 31, 2022, which also contains the Annual Guidance (“2023 Guidance”).
The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
Adjusted EBITDA recovered in Q4 2022 and reached $ 36,584, an increase of 120% compared to Q3 2022.
Aura continued to expand its investments in exploration, with $22 million invested across all operations and projects in 2022.

Aura Announces Fourth Quarter 2022 Production Results

Retrieved on:

Tuesday, January 10, 2023

GEO, EPP, Arantzazu, Ernesto, Metal, ROAD, Copper, TSX, American Discovery Trail, Silver, History, Growth, OTCQX, Aura, US, ORA, Gold, Mining

ROAD TOWN, British Virgin Islands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines for the fourth quarter of 2022.

Key Points:

ROAD TOWN, British Virgin Islands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines for the fourth quarter of 2022.
Excluding Gold Road, it was the second highest production achieved in a single quarter, behind its Q4 2021 production.
Based on constant prices, production in Q4 2022 was 5% lower than in Q4 2021, when Aura recorded its highest quarterly production in its history.
Lower production in Q4 2022 was due to longer than expected leaching cycle during the quarter; however, ore mined increased 44% compared to the previous quarter.