(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.