EnerCom Denver - The Energy Investment Conference August 7-10, 2022 puts Spotlight on Oil and Gas Companies from US, Canada, South America and Africa

Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners

Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook

EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout Q&A and One-on-One meetings with oil and gas companies from the US, Canada South America and Africa .

Lunch keynote presentations will feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners. Conference panels will feature participants from Xcel Energy, Tallgrass Energy, Summit Carbon, NGVAmerica, Civitas, Denbury, Carbonvert, Chevron, Milestone Carbon and more.

"Oil and gas companies have posted record profits over the past few weeks which marks an impressive turnaround from the spring of 2020. The EnerCom Denver conference is an invaluable opportunity for investors to meet with leading E&P, oilfield service and midstream companies to hear their plans for drilling and production and discuss financial and ESG guidance for the balance of 2022 and into 2023," said Blanca Andrus , Chairwoman and CFO of EnerCom, Inc.

Institutional investors, private equity, hedge funds, family offices, portfolio managers, financial analysts, CIOs, high net worth investors and other investment industry professionals can still register to attend the EnerCom Denver conference and request One-on-One meetings with the senior management teams of participating companies on the conference website .

Panel topics will include discussions on key industry topics of Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook.

Preliminary presentation times for presenting companies and a complete list of events can be found on the conference website at www.enercomdenver.com .

2022 is EnerCom 's 27 ^th annual Denver investment conference and will be an in-person event hosted at the Westin Denver Downtown. EnerCom Denver is the largest independent energy-focused investor conferences and will take place August 7-10 , 2022. The conference provides extensive networking opportunities for all attendees at several sponsored events the week of the conference.

EnerCom encourages attendees to check the website for the most current information. A sample of the companies that are scheduled to participate at EnerCom Denver on August 7-10, 2022 include:

AEGIS Hedging Solutions - aegis-hedging.com
APA Corporation (Nasdaq: APA) - apacorp.com
Aureus Energy Services - aureusenergy.com
B3 Insight - b3insight.com
Battalion Oil (NYSE American: BATL) - battalionoil.com
Bayswater Exploration & Production - bayswater.us
Baytex Energy Corporation (TSX: BTE) - baytexenergy.com
BDO - bdo.com
BPX Energy (NYSE: BP) (LON: BP) - bp.com
CAC Specialty - cacspecialty.com
Caerus Oil & Gas - caerusoilandgas.com
Camino Natural Resources - caminoresources.com
Canacol Energy - canacolenergy.com
Carbonvert - carbonvert.com
Civitas Resources (NYSE: CIVI) - civitasresources.com
Comstock Resources (NYSE: CRK) – comstockresources.com
Cowboy Clean Fuels - cowboycleanfuels.com
Cureton Midstream - curetonmidstream.com
Denbury (NYSE: DEN) - denbury.com
Donovan Ventures - dv-llc.com
Earthstone Energy (NYSE: ESTE) - earthstoneenergy.com
Eckard Enterprises - eckardenterprises.com
Empire Petroleum Corporation (NYSE American: EP) - empirepetroleumcorp.com
EnerCom, Inc.- enercominc.com
Engage - engagemobilize.com
ESG Dynamics- esg-dynamics.com
Evolution Petroleum (NYSE American: EPM) - evolutionpetroleum.com
FactSet (NYSE: FDS,NASDAQ: FDS) - factset.com
Fitch Ratings - fitchratings.com
Five States Energy - fivestates.com
Fundare Resources - fundareresources.co
FutEra Power - futerapower.com
Greenfield Environmental Solutions Group - greenfieldesg.com
Haynes Boone - haynesboone.com
Independence Contract Drilling (NYSE: ICD ) - icdrilling.com
Kolibri Global Energy (TSX: KEI,OTCQB: KGEIF) - kolibrienergy.com
Landgate- landgate.com
Liberty Energy (NYSE: LBRT) - libertyfrac.com
Milestone Carbon , LLC - milestonecarbon.com
Mobius Risk Group - mobiusriskgroup.com
Netherland, Sewell & Associates, Inc. - netherlandsewell.com
NCS Multistage (NASDAQ: NCSM) - ncsmultistage.com
Newpark Resources (NYSE: NR) - newpark.com
NGV America - ngvamerica.org
Northern Oil and Gas (NYSE: NOG) - northernoil.com
Now, Inc. (NYSE: DNOW) - distributionnow.com
NuVista Energy (TSX: NVA) - nuvistaenergy.com
Parex Resources (TSE: PXT ) - parexresources.com
PDC Energy (Nasdaq: PDCE) - pdce.com
Petrie Partners - petrie.com
PetroTal Corp. (TSX-V: TAL, AIM: PTAL andOTCQX: PTALF) - petrotal-corp.com
Prairie Provident Resources (TSX: PPR) - ppr.ca
Project Canary - projectcanary.com
PureWest Energy - purewest.com
ReconAfrica (TSX-V: RECO) (OTCQX: RECAF) ( Frankfurt : 0XD) - reconafrica.com
ResFrac - resfrac.com
Ring Energy - (NYSE American: REI) - ringenergy.com
ROK Resources – (TSX-V: ROK) - rokresources.ca
SandRidge Energy (NYSE: SD) - sandridgeenergy.com
Select Energy Services (NYSE: WTTR) - selectenergy.com
SilverBow Resources (NYSE: SBOW) - sbow.com
SM Energy (NYSE: SM) - sm-energy.com
Steel Reef Infrastructure - steelreef.ca
Strive Asset Management - striveassetmanagement.com
Summit Carbon Solutions - summitcarbonsolutions.com
Surge Energy (TSX: SGY) - surgeenergy.ca
Tallgrass Energy (NYSE: TGE) – tallgrass.com
Talos Energy (NYSE: TALO) - talosenergy.com
Tamarack Valley Energy (TSX: TVE) - tamarackvalley.ca
Three Crown Petroleum - threecrownpetroleum.com
Total Helium (TSXV: TOH) - totalhelium.com
Trido Solutions - tridosolutions.com
W&T Offshore (NYSE: WTI) - wtoffshore.com
Wasatch Energy Management - wemenergy.com
Xcel Energy (NASDAQ: XEL) – xcelenergy.com

Investor presentations begin daily at 8:00 a.m. and run through 5:00 p.m. Mountain Time . The complete schedule of presenters can be found on the website (presenters, days, times are subject to change).

How to Register: Investment professionals and oil and gas companies may register for the event through the conference website .

Conference Details: EnerCom Denver - The Energy Investment Conference in Denver offers investment professionals a unique opportunity to listen to company senior management teams across the energy value chain update investors on their operational and financial strategies and learn how the leading energy companies are building value in 2022. The event features public and private oil and gas companies with operations around the world including the U.S. shale basins, the Gulf of Mexico and Canada .

Conference Dates: August 7 - 10 , 2022. EnerCom will host its annual charity golf outing on August 7 and host formal presentations and meetings on August 8 – 10.

Venue: The Westin Denver Downtown. Click here to book your hotel room under the discounted conference rate.

Who Attends the Conference: More than 2,000 institutional, private equity and hedge fund investors, family offices, research analysts, retail brokers, trust officers, high net worth investors, investment bankers and energy industry professionals gather in Denver for the conference.

One-on-One Meetings: EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue.

About EnerCom

Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor relations, corporate strategy/board advisory, marketing, analysis and valuation, media, branding and visual communications design. Headquartered in Denver , EnerCom and its team of experts are passionate about the energy industry and its work to provide clients with a wide range of services to build brand recognition that drives valuation and returns.

For more information about EnerCom and its services, please visit https://www.enercominc.com/ or call +1 303-296-8834.

EnerCom Denver Sponsors Include:

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston , NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit https://netherlandsewell.com/ .

About Moss Adams

Moss Adams is a fully integrated professional services firm dedicated to assisting clients with growing, managing, and protecting prosperity.

With more than 3,400 professionals and staff across more than 25 locations in the West and beyond, we work with many of the world's most innovative companies and leaders. Our strength in the middle market enables us to advise clients at all intervals of development—from start-up, to rapid growth and expansion, to transition. For more information, please visit www.MossAdams.com

About Haynes Boone

Haynes Boone , LLP is an energy focused corporate law firm, providing a full spectrum of legal services and solutions to clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. Lawyers from our Denver office and 15 other offices work as a team to meet the legal needs of our domestic and international clients involved in oil and gas. We represent private and public oil and gas companies, financial institutions, investment funds and other investors. Our team of more than 100 energy lawyers and landmen understands the physical and financial energy markets, and the firm has been helping both operators and lenders complete some of the largest financings and M&A transactions in recent years. The BTI Industry Power Rankings, published by BTI Consulting Group, Inc., named Haynes and Boone a "Leading Recommended" firm for the energy industry in 2017, ranking our firm among the top three percent of all law firms. For more information, please visit www.haynesboone.com/ .

About BDO

BDO delivers assurance, tax, and financial advisory services to clients throughout the country and around the globe. We offer numerous industry-specific practices, world-class resources, and an unparalleled commitment to meeting our clients' needs. We currently serve more than 400 publicly traded domestic and international clients. For more information, please visit: www.bdo.com .

About Mobius Risk Group

Mobius Risk Group is an independent commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and commodity risk management and valuation, carbon strategy development, and regulated energy oversight for producers, consumers, distributors and capital providers backed by its proprietary C/ETRM, RiskNet. For more information, please visit: www.mobiusriskgroup.com .

About Project Canary

Project Canary is a climate tech company that provides trusted, independent, and verified environmental data to track, measure, and score the "E" in ESG across an enterprise's operational value chain. They are the leaders in providing dynamic environmental ratings using real-time monitoring data at the facility level to assess and improve operating practices and provide a science-based and technology-enabled measurement of emission profiles, including methane. Formed as a Public Benefit Corporation, Project Canary's team of scientists, engineers, and seasoned industry operators have earned recognition for their uncompromising standards, including being named "Best for the World" B Corp. For more information, please visit: www.projectcanary.com .

About Fitch Ratings

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York , Fitch Group is owned by Hearst . For additional information, please visit www.fitchratings.com .

About CAC Specialty

CAC Specialty is an employee-owned risk solutions company of seasoned and proactive industry leaders, operating as a nimble and collaborative partner who puts you and your business first. With a knowledge-driven approach informed by industry data and decades of honed instinct, CAC brings an innovative vision to insurance broking and merchant banking by providing solutions to solve your risk challenges – from the simple to the previously unsolvable. Backed by a $40B AUM asset manager and not constrained by traditional risk transfer thinking, CAC can expand the range of risk transfer through access to private debt and alternative pools of risk capital. For additional information, please visit www.cacspecialty.com .

About Preng & Associates

Preng & Associates is the world's leading executive search firm totally dedicated to the energy industry. Over our 40 years, we have assisted more than 750 management teams and boards in 75 countries and conducted over 3,700 engagements. Our mission continues to be helping companies and boards identify and attract talent around the world that will impact shareholder value. For additional information, please visit www.preng.com .

About MUFG

We have been a leading provider of banking services to the oil and gas industry in the Americas for more than 30 years, consistently ranking in the Top 10 Lead Arrangers and Top 10 Bond Arrangers in the Thomson Reuters Oil and Gas League Tables. We support clients across the industry—from regional exploration and production to global diversified services companies—that benefit from our focused approach, strong execution, and customized services. Whether you are looking to expand existing reserves, make an acquisition, or streamline operations, we can support your growth2 with services, including: underwriting and syndications; U.S./Canadian cross-border funding; securities underwriting and placements; leasing and tax equity financing; and commodities, interest rate, and foreign exchange risk management.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.97 trillion in assets. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco , Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,300 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States . Wells Fargo & Company was ranked No. 30 on Fortune's 2020 rankings of America's largest corporations.

About FactSet

FactSet (NYSE:FDS,NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 170,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and on Twitter: www.twitter.com/factset .

About AEGIS Hedging Solutions

AEGIS Hedging Solutions enables companies to manage their commodity price and interest rate risk through leading software and advisory capabilities. AEGIS develops and executes cash flow protection strategies and manages all hedge program activities through an award-winning SaaS platform. AEGIS was recently named the Hedge Advisor of the Year for an unprecedented fourth consecutive year.

About Petrie Partners

Petrie Partners, LLC is a boutique investment banking firm offering financial advisory services to the oil and gas industry. We provide specialized advice on mergers, divestitures and acquisitions and private placements.

View original content: https://www.prnewswire.com/news-releases/enercom-denver---the-energy-investment-conference-august-7-10-2022-puts-spotlight-on-oil-and-gas-companies-from-us-canada-south-america-and-africa-301598420.html

SOURCE EnerCom, Inc.

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Parex Resources PXT:CA PARXF Oil and Gas Investing

PXT:CA,PARXF

BPH Energy Limited Quarterly Activities Report

Perth, Australia (ABN Newswire) - On 2 August 2022 BPH Energy Limited (ASX:BPH) announced that, following its shareholders' meeting on 21 June 2022 at which shareholders voted unanimously to approve an investment in hydrogen technology company Clean Hydrogen Technologies Corporation ("Clean Hydrogen" or "Vendor" or "Borrower"), BPH and its investee Advent Energy Ltd ("Advent" or "Lender"), together the "Purchasers", settled for the acquisition of a 10% interest in Clean Hydrogen for US$1,000,000 ("Cash Consideration") (8% BPH and 2 % Advent).

The Purchasers had a first right of refusal to invest further in Clean Hydrogen to a maximum of a further US$1,000,000 for an additional 10% interest. The Purchasers loaned a further US$950,000 ("Additional Cash Consideration") under this agreement and the Purchasers and Clean Hydrogen have executed a Loan Conversion Agreement, which once implemented, will enable the conversion of the US$950,000 loan into the relevant Subscription Shares Tranche 2, representing the Purchasers further 9.5% interest in Clean Hydrogen. BPH now has an interest of 15.6% and Advent has an interest of 3.9% interest in Clean Hydrogen.

As at the date of this Quarterly Report, the contemplated securities under the Loan Conversion Agreement have not been issued to the Purchasers, however, the Purchasers have an entitlement to these securities under the relevant Loan Conversion Agreement. For the reasons set out below, BPH will seek approval from its shareholders for the proposed issue of shares in Clean Hydrogen to BPH, in satisfaction of a debt owing from Advent energy Limited to BPH (Debt Forgiveness).

The ASX Listings Committee ('LC') considered the application of Listing Rule 10.1 to the proposed Debt Forgiveness. . The LC resolved that ASX would exercise its discretion such that Listing Rule 10.1 applies to the Debt Forgiveness.

In forming this decision, ASX had regard to the following:

1. In March 2022 ASX advised BPH that, should it seek to increase its shareholding in Advent, whether it be by way of maintaining its current percentage interest in the event Advent undertook a capital raising, increasing its percentage interest, or by way of a debt for equity conversion, BPH must approach ASX regarding the potential application of Listing Rule 10.1.5.

2. In December 2023, Advent lodged a disclosure document with ASIC in the form of an Offer Information Statement for its Entitlement Issue which contained disclosure regarding the discharge of funds loaned to it by BPH in exchange for the issue of equity shares in CHT to BPH. BPH did not approach ASX for determination on the application of Listing Rule 10.1.5 to this transaction.

3. In view of ASX having previously advised BPH to approach ASX in relation to any transactions between itself and Advent including any debt to equity conversion, and BPH having failed to do so in this instance, ASX has exercised its discretion to apply Listing Rule 10.1.5 to the issue of CHT shares to BPH in satisfaction of the debt owing to BPH by Advent. The forgiveness of debt may be a transfer in value from BPH to Advent.

ASX has not been provided with sufficient information to conclude there is no possible transfer in value therefore ASX considers that Listing Rule 10.1.5 applies to the debt conversion/forgiveness.

As a result of ASX's decision to exercise its discretion under Listing Rule 10.1, BPH must seek shareholder approval for the Loan Conversion Agreement dated 10 October 2023 that has been executed between itself, Advent and Clean Hydrogen. The Company is in the process of preparing a Notice of Meeting which will be released as soon as possible. The Company anticipates that the shareholder meeting to approve the Loan Conversion will be held in August 2024.

For clarity, BPH will not and has not increased its shareholding in Advent as a result of the Debt Forgiveness.

Clean Hydrogen have issued 760 share options to BPH and 190 share options to Advent, with an exercise price of USD$3,000 each, exercisable immediately, with the option to convert into shares in Clean Hydrogen expiring ten years from the date of issue. During the Quarter BPH exercised 24 of these options by paying Clean Hydrogen a total exercise price of US$72,000.

The parties acknowledge and agree that the Cash Consideration and Additional Cash Consideration shall be used by Clean Hydrogen to design, build, produce and test a reactor that can produce a minimum of 3.2kgs and as high as 15kgs of hydrogen per hour and to submit at least 2 new patents in an agreed geography, relevant to the production of hydrogen from proprietary technology.

Capital

On 13 May 2024 the Company announced a Placement ("Placement") to raise $1 million by the issue of 50,000,000 fully paid ordinary shares at an issue price of $0.02 per share together with a 1 for 2 free listed option, being 25,000,000 listed options with an exercise price of $0.03 each and expiry 30 September 2024. The Placement offer price of $0.02 per share represents a 16.7% discount to BPH's closing price of $0.024 per share on Thursday, 9 May 2024, and a 16.7 % discount to the 10-day VWAP of $0.024 per share.

The Placement proceeds are proposed to be used as follows: (i) $0.75 million - funding for exploration and development of oil and gas investments. (ii) $0.1 million - for working capital, including costs of the offer; and (iii) $0.15 million - funding for Cortical Dynamics. In addition, a total of 12,000,000 listed options with an exercise price of $0.03 each and expiry 30 September 2024 (BHPOB) were issued to the joint Lead Managers (Oakley Capital Partners Pty Limited and Sixty-Two Capital) for the Placement.

Significant activities by the Company's investees' during the June 2024 quarter were as follows:

Advent Energy Limited ("Advent") (BPH 35.8% direct interest)

PEP 11 Permit

Advent Energy Limited's (BPH 35.8% direct interest) 100% subsidiary Asset Energy Pty Ltd is a participant in the PEP11 Joint Venture with partner Bounty Oil and Gas NL (ASX:BUY). PEP 11 interests are:

Advent Energy 85 % / Bounty Oil and Gas 15%

Asset continues to progress the joint venture's applications for the variation and suspension of work program conditions and related extension of PEP-11. This application follows from the fact that in February 2023 a decision by the previous Commonwealth-NSW Joint Authority to refuse the application was quashed by the Federal Court of Australia. Asset has provided additional updated information to the Commonwealth-NSW Joint Authority and the National Offshore Petroleum Titles Administrator ("NOPTA") in relation to its applications.

On 9 October 2023 NOPTA updated their website whereby the NEATS Public Portal Application Tracking has been updated to show Asset Energy's applications' status is now 'Under Assessment'.

The Company understands that the next step in the application process is for the Joint Authority to make its decision on Asset Energy's applications.

While the applications for the variation and suspension of work program conditions and related extension of PEP-11 are being considered by NOPTA, Asset is investigating the availability of a mobile offshore drilling unit to drill the proposed Seablue-1 well on the Baleen prospect which would take approximately thirty-five days to complete. Asset is in communication with drilling contractors and other operators who have recently contracted rigs for work in the Australian offshore.

The Joint Authority decision is a routine administrative decision. Any future authorisation related to drilling will require environmental approvals. Any issues around community or environmental impacts should be transparently managed by the designated independent expert regulator.

Asset have engaged Klarite Pty Ltd (Klarite) to initiate environmental management of the Seablue1 exploration well, due to be drilled in PEP 11, pending the current application for licence variation, suspension and extension (Application), regulatory approvals and rig availability. Klarite are a Perth based turnkey environmental consultancy specialising in offshore development in Australia, who recently prepared a detailed Environmental Approvals Strategy for the Seablue-1 exploration drilling activity for Asset. Due to the critical need for new domestic supplies of gas as stated in the Federal Government's Future Gas Strategy (see below), Asset have decided to commence work necessary for environmental approvals in advance of the PEP 11 licence Application approval, in order to be prepared to drill the Seablue-1 well as soon as possible thereafter. Klarite will develop an Environmental Management process which will define Asset's consultation and negotiation basis with relevant persons and assess environmental impacts.

The Federal Government Future Gas Strategy (FGS) and supporting documents were released by Minister for Resources Madeleine King on 9 May 2024. The FGS confirms that that gas will have a role to play in the transition to net zero by 2050 and beyond. The FGS states that exploration and development should focus on optimising discoveries and infrastructure in producing basins where gas will be proximal to where it is needed and will be lower cost than relying on LNG imports.

Offshore gas exploration in Australia has been undertaken safely and environmentally responsibly for more than 50 years.

The fact remains that NSW and Australia more broadly face a gas supply shortfall within the next three years, and gas will play a vital role in the clean energy transition.

PEP-11 continues in force and the Joint Venture is in compliance with the contractual terms of PEP11 with respect to such matters as reporting, payment of rents and the various provisions of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth).

RL1 (Norther Territory)

On 3 May 2024 the Company announced that Advent has been offered a renewal of Retention Licence 1 (RL1) by the Northern Territory Government for a five-year term which it has accepted.

Advent, through its wholly owned subsidiary Onshore Energy Pty Ltd, holds a 100 % interest in RL1 and is operator of the Retention Licence in the onshore Bonaparte Basin in northern Australia. The Bonaparte Basin is a highly prospective, petroliferous basin, with significant prospective potential for reserves of oil and gas. Most of the basin is located offshore, covering 250,000 square kilometres, compared to just over 20,000 square kilometres onshore and is recognized as one of Australia's most prolific offshore hydrocarbon producing basin (after the Northern Carnarvon and Gippsland basins). Retention Licence RL1 in the Northern Territory is 166 square kilometres in area and covers the Weaber Gas Field, originally discovered in 1985.

Cortical Dynamics Limited ("Cortical") (BPH 16.4% direct interest)

Investee Cortical Dynamics Limited is an Australian based medical device neurotechnology company that is developing BARM(TM), an industry leading EEG (electrical activity) brain function monitor. BARM(TM) is being developed to better detect the effect of anaesthetic agents on brain activity under a general operation, aiding anaesthetists in keeping patients optimally anaesthetised, and complemented by CORDYAN(TM) (Cortical Dynamics Analytics), a proprietary deep learning system/App focusing on anaesthesiology.

The Australian manufactured and designed, electroencephalographically based (EEG-based), BARM(TM) system is configured to efficiently image and display complex information related to the clinically relevant state of the brain. When commercialized the BARM(TM) system will be offered on a stand-alone basis or integrated into leading brand operating room monitors as "plug and play" option.

There were no significant activities in Cortical to report during the Quarter.

Item 1 and 2 details of payments to / receipts from related parties (Appendix 4C)

Line 6.1 outflow of $59,000: $29,470 paid to directors as remuneration and net $29,958 fees paid to Grandbridge Limited.

Line 6.2 outflow of $801,000: Loans to the following companies:
Advent Energy Limited $405,000 paid
Cortical Dynamics Limited: $400,000 paid
Grandbridge Limited: $4,000 received

*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/KQ75D046

About BPH Energy Limited:

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).

Source:
BPH Energy Limited

News Provided by ABN Newswire via QuoteMedia

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EnerCom Denver - The Energy Investment Conference August 7-10, 2022 puts Spotlight on Oil and Gas Companies from US, Canada, South America and Africa

1. Pulsar Helium (TSXV:PLSR)

2. Solis Minerals (TSXV:SLMN)

3. Hannan Metals (TSXV:HAN)

4. Usha Resources (TSXV:USHA)

5. Lode Gold Resources (TSXV:LOD)

FAQs for TSXV stocks

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Overview

Company Highlights

Royalty Assets

1. SE Saskatchewan Light Oil Gross Overriding Royalties

2. Clearwater Heavy Oil Gross Overriding Royalty

3. Hamilton Lake Unit Viking Light Oil Royalty

4. Central Alberta and Saskatchewan Gross Overriding Royalties

Management Team

Brad Docherty – President, Chairman and Chief Executive Officer

Cheryne Lowe – Chief Financial Officer

John Bell – Director

Dean Potter – Director

Gary McMurren – Director

Shaun Thiessen – Director

Scott Rideout – Director

June-Marie Innes – Director

Jordan Kevol – Director

Anatomy of a crisis

Government interventions

Renewable limits

Gas gets cleaner

Government supports for hydrogen

Hydrogen investment opportunities

Investor takeaway

Latest News

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