Day: December 18, 2024

TORTOLA, British Virgin Islands, Dec. 18, 2024 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates, including PanAfrican Energy Tanzania Limited (“PAET“) and Pan African Energy Corporation (Mauritius) (“PAEM“) (TSX-V: ORC.A, ORC.B) announces an operational update. Unless otherwise stated, all amounts referred to herein are expressed in United States dollars (“$”). SS-7 Update Further to previous announcements, the well intervention operations on SS-7 have now concluded. The work program, following a complex mobilization to Songo Songo Island, sought to restore the mechanical integrity of the well to shutoff water production in order to restart production from the southern compartment of the gas field. Following...

Itron’s Temetra Solution Supports Diverse Communication Networks, Enables Utility to Efficiently Store and Collect Water Data from Newly Installed Smart Meters LIBERTY LAKE, Wash., Dec. 18, 2024 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that it’s working together with Water Corporation (WA) to modernize the utility’s water distribution system. WA will use Itron’s Temetra® solution, a globally adopted cloud-based, multi-vendor meter data management solution, to address persistent drought by collecting data from 16,000 smart water meters being installed in Perth. The meters will provide analytics which improve water conservation management. The deployment is a part of the Perth Smart Water Meter Pilot. The goal of WA’s Perth Smart Water...

WHITE SULPHUR SPRINGS, Mont., Dec. 18, 2024 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) is pleased to announce additional drill results from its 2024 exploration drilling program since the Company’s news release dated July 24, 2024. The ongoing drilling program aims to upgrade and expand the Johnny Lee Lower Copper Zone resource of 1.2Mt at 6.8% Cu (Measured and Indicated) and 0.5Mt at 5.9% Cu (Inferred). HIGHLIGHTSContinued exploration success at the Johnny Lee Copper deposit at the Black Butte Copper Project in Montana, USA. Sandfire America has completed thirty-two drill holes in the current drill program. This update highlights results from eleven holes, with the significant results from the Johnny Lee Lower Copper Zone including:Drillhole SC24-296 3.19m at 19.46% Cu from 471.86m Drillhole...

SAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) — To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced it will award more than $175,000 in grants to seven California fire departments as part of the utility’s sixth annual Firefighter Grant Program. “As a water provider, we partner closely with fire departments in our service areas, so they have access to a reliable supply of water and pressure to keep our communities safe,” said Martin A. Kropelnicki, Cal Water Chairman and CEO. “Beyond that, we proudly support our local first responders, because when lives are at stake and minutes matter, we want to help these heroes putting their lives on the line to protect others to have the equipment and supplies they need.”From refurbishing a regional...

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to provide an update on its first two Basal Quartz wells in the Michichi area of Central Alberta. Prairie Provident spud the first Basal Quartz horizontal well, 102/03-19-030-18W4, on October 15, 2024. Following the nine-day drilling operation, the well was fracture stimulated and brought on-stream through production test facilities, with produced natural gas being conserved, on November 9, 2024. This represents an on-stream cycle time of 25 days. The well is currently being produced on cleanup with an initial 30-day average production rate (“IP30”) of approximately 275 bbl/d of medium crude oil and 850 Mcf/d of natural gas (415 boe/d). The well is equipped with...

The Marie by LGI HomesThis spacious four-bedroom, two-bath Marie plan features an open-concept floor plan and a two-car garage.MIDDLESEX, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Nash County, Choplin Farms, offering modern homes on half-acre to 1+ acre lots. A new plan lineup is available at Choplin Farms with new, never-before-seen floor plans. “Choplin Farms is located only 35 minutes from Downtown Raleigh, nestled in the quiet town of Middlesex. Large half-acre or more homesites provide a beautiful backdrop for these new floor plans,” said Dayne Luck, Vice President of Sales for LGI Homes. With three to four bedrooms, two to two-and-a-half baths and 1,531 to 2,373 square feet, homes at Choplin Farms are designed for comfort and style. Three...

SUGAR LAND, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI,” “we,” “us” or “our”) expects to enter into transactions with holders of its 5.25% Convertible Senior Notes due 2026 (the “2026 Notes”) to exchange approximately $80 million principal amount of the 2026 Notes for aggregate consideration consisting of a combination of (i) Convertible Senior Notes due 2030 (the “2030 Notes”), (ii) shares of our common stock (the “Exchange Shares”) and (iii) cash representing accrued interest on the 2026 Notes and the value of fractional shares, if any (such transactions, collectively, the “Exchanges”). Final terms for the Exchanges will be determined at the time of pricing. The 2030 Notes will be our senior, unsecured obligations and will be equal in right of payment with our existing and future...

TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) — Odyssey Resources Limited (the “Company”) (TSXV: ODX.H) announces that, effective immediately, James Crombie has resigned as President and Chief Executive Officer and as a member of the board of directors of the Company. The Company also announces the resignations of Alain Krushnisky as Chief Financial Officer and Carole Plante as Corporate Secretary. Concurrent with these changes, the Company announced the appointments of Matthew Goodman as President and Chief Executive Officer and a member of the board of directors, Darcy Donelle as Chief Financial Officer and Mark Pereira as Corporate Secretary. The board of directors of the Company is now composed of David Charles, Gérald Riverin and Matthew Goodman. Both Mr. Charles and Mr. Riverin are independent members of the board. Matthew Goodman...