SPB is an Early Bird Hunting for the PNG Shale Worm

Oct 4, 2016

There is a bit of a “worm-catching early bird” story for our reader’s perusal in this edition of The Next Oil Rush; a story about a company whose assets could potentially mature into a significantly proportioned resource. South Pacific Resources (ASX:SPB) is a small ASX explorer looking for a ‘big kahuna’ result in one of most underexplored hydrocarbon-bearing areas in the world: Papua New Guinea.

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Could EEG be Sitting on 2 Billion Barrels of Oil Equivalent?

Aug 25, 2016

Empire Energy Group (ASX:EEG) has beefed up the economic value of its reserves and tipped its prospective resources in the NT beyond the 2 billion barrel of oil equivalent mark on a P50 basis. It’s a positive step forward for this junior oiler with big ambitions in the Northern Territory and a steady patch in the US, particularly after it was all set to execute a big-name farm-out, until a sad twist of fate meant that the deal fell through.

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Oil Flowing as Tiny AKK Plots Path to $400M Revenue

Aug 23, 2016

How do you find acreage which hasn’t been drilled before in the US? More to the point, how do you find undrilled ground that is right next door to a productive oil field? Furthermore, how do you do that as a micro-cap upstart from Australia? Well, it helps if you’re Austin Exploration (ASX:AKK).

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AOW Strengthens JV: Looks to Acquire More Producing Assets

Aug 16, 2016

The first thing you should know about American Patriot (ASX:AOW) is that it recently knocked back its second takeover bid in the space of less than one year. One takeover bid in a time of chronic low oil prices is one thing, but attracting two suitors is a massive achievement and a validation of its business model.

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ASX Junior Receives First Licences in Highly Sought After Oil and Gas Region

Jul 4, 2016

For the last five years, one junior ASX listed oil and gas explorer has been working side-by-side with the Papua New Guinea government, who has just passed new game-changing legislation in oil and gas exploration. As a result, the PNG government has granted the company first access to unconventional exploration licenses in one of the most hotly sought after oil and gas areas of the world.

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Is this 3.6 Billion Barrel Project Profitable at Less Than $40/Barrel?

Jun 20, 2016

When it comes to investing in unconventional oil exploration companies, there are a couple of key questions that every investor needs to consider when evaluating a new resource. Will the oil actually flow to the surface at decent rates? And; Will that flow rate support economic development at the expected oil prices?

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