MCF Energy Ltd.

NEWS: MCF Energy Ltd. provides operational update for projects in Austria and Germany: https://lnkd.in/gZiQ8Zzh $MCF.V $MCFNF #energy #Europe

NEWS: MCF Energy Provides Update on Welchau Exploration Well Testing Program in Austria https://lnkd.in/ghp3Z2B4

The State of European energy this week: In Ukraine, whose pipes transit Russian gas to central Europe, threats to energy infrastructure persist. Following last week’s dip, “markets have returned to their ‘as they were’ levels as attacks on the Ukraine-Russia border continue.” In Norway, Europe’s largest supplier, several unplanned outages are compounding the impact of seasonal works at gas facilities. And in the US, flows to the Cove Point liquefied natural gas export terminal slumped over the weekend, coinciding with scheduled maintenance. EUROPE GAS OUTAGES: Gullfaks, Sleipner, Asgard, Skarv See Cuts On the demand side, temperatures in parts of Europe are set to drop below seasonal norms through the start of October, potentially boosting gas use for heating. Reported by Financial Post

PRESS RELEASE: MCF Energy Ltd. provides an Operational Update for Austria, Germany and Czech Republic: https://lnkd.in/gCRuU5pp $MCF.V $MCFNF #naturalgas #Europe

Press Release: MCF Energy Announces Farmout Option for Reudnitz Licence, Germany

Ahead of the long weekend MCF Energy CEO James Hill joins Nasdaq Trade Talks host Jill Malandrino to discuss how to meet global energy demand, the European energy landscape and MCF Energy's role in the transition. Watch here: https://lnkd.in/gpUApidd

Thanks to the European Business Review for including our tireless efforts to revive domestic natural gas production in Germany and other parts of Europe since the start of Russia's invasion of Ukraine in 2022, in their latest piece. Now, with the Gazprom contract coming to an end and Germany's new Growth Initiative underway - which has been approved by the cabinet and acknowledges the domestic production of natural gas as an important source of supply - real change is beginning to take place throughout Europe's energy landscape. Read more about these changes and our involvement in them, here: https://lnkd.in/ghZ7MDcv

Press Release: MCF Energy Closes Fully Subscribed Non-brokered Private Placement https://lnkd.in/gkSFFW_P

"The [upcoming] end of the contract between Ukraine and Russia raises the potential for gas shortages in countries on the bloc’s eastern flank, including Slovakia, Hungary and Austria, EU diplomats have said." https://lnkd.in/g6VktMuP

NEWS: MCF Energy Announces Increase in Nonbrokered Private Placement https://lnkd.in/et2nYh8u