Significant energy. diversifying into the energy future – March 21, 2024 at 11:33 am EDT

(via NewsDirect)

Significant energy (ASX:PRM) CEO and Managing Director Alex Parks joins Proactive’s Stephen Gunnion and details how the company is expanding its position in the global energy market.

It Perth, Australiabased company has a diversified portfolio that includes oil and gas projects primarily in the US as well as underground salt cavern storage ventures. Australiaand a uranium recovery program Kazakhstan Through investment in startup company Umine.

The company is actively seeking cooperation to develop its major Big Apple gas prospect in Armenia Gulf of Mexico and a small oil project Louisianaaiming to transition to a low-carbon future.

It invested in Ecossaus, a pre-IPO company focused on developing salt caverns for hydrocarbon or hydrogen storage, and took a 20% stake in Umine, which aims to recover uranium reserves left over from Soviet times. Kazakhstan.

recent capital increase $1.55 million will further support these initiatives, particularly the development of the Big Apple gas prospect in Armenia Gulf of Mexico.

Prominence Energy’s: the strategy reflects the fusion of developing traditional energy resources while positioning for the future energy transition.

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