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Hydrocarbon Dynamics Revives North Sea Trial, Secures $718K Rights Issue
7:02pm on Tuesday 28th of October, 2025 AEDT
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Energy
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Hydrocarbon Dynamics Revives North Sea Trial, Secures $718K Rights Issue
7:02pm on Tuesday 28th of October, 2025 AEDT
Key Points
North Sea trial of HCD Multi-Flow product back online with early positive production signals
Small-scale sales and expanding trials in USA, Canada, Malaysia, Indonesia, and Pakistan
New joint venture formed to explore Montney oil and gas opportunities in Alberta, Canada
Completed fully underwritten rights issue raising $718,741, ending quarter with $987,000 cash
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