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EXPLORATION

Pura Vida moves to Poland

PURA Vida Energy is moving to Poland, taking a 35% interest in the Nowa Sol and Gora onshore projects in the nation’s Permian basin for a total of A$6.15 million , chasing what it calls lower risk, lower cost near term European assets with two wells ready to be fracced and stimulated.

Helen Clark
Image obtained: Pura Vida

Image obtained: Pura Vida

  The share price moved nearly 60% as a result of the news. To fund the move it's now planning a $3.7 million capital raise for 55.5 million shares to sophisticated investors at a price of 1.8 cents...

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