Mcf Energy Ltd V.MCF

MCF Energy Acquires Accretive Czech Gas Projects

[Betteryear2]

VANCOUVER, BC, Feb. 26, 2024 /CNW/ - MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) (OTCQX: MCFNF) ("MCF", "MCF Energy" or the "Company") is pleased to announce its agreement to acquire ("Acquisition") oil and gas production and exploration licences in the Czech Republic, which hold valuable reserves, offer immediate production opportunities, and have potential for further exploration to strengthen Europe's energy security. Located in the Vienna Basin of Czechia within the Carpathian Mountains, the Acquisition consists of three production licences covering 6,880 acres (27.8 sq km), and three exploration licences covering 42,551.5 acres (172.2 sq km).

MCF Energy Acquires Accretive Czech Gas Projects with Immediate Production and Growth Potential (newswire.ca)

[Canadaturk]

If they find what we are looking for in this well , man I'm thinking min back to high .70s .. that's pretty much 3x .. I really really like the odds 

[westshore]

Lets hope the climb continues.Needs to break .32 -for the next leg up- Chart technicals-we could not break it last run- Maybe next week...I like this play-but taking far too long. Waiting game.Need commodities to run as well-then maybe wings. GLTA

[Singoa58]

Looks weak to me . I think a pull pack to 22-23 is next order of business where it will consolidate