Petroleum Briefs

IN today's briefs: Panax receives first geothermal grant money; European Gas to look into electricity generation projects for Gazonor; Marion to convert contractual payments to shares; Texon cashed-up for Leighton field

Panax Geothermal

Panax Geothermal says it has received the first of two payments from its geothermal drilling program grant for the drilling of Salamander-1 in the Limestone Coast area of South