Next Oil Rush

EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia

Jun 26, 2020

Fresh off the back of a high demand capital raise, Elixir Energy (ASX: EXR) is set to put those funds to work in the form of a drilling and seismic campaign to kick off in the coming days. Elixir is exploring for coalbed methane (CBM) — or coal seam gas (CSG) as it is known in Australia — at its 100% owned CBM Production Sharing Contract (PSC), the Nomgon IX CBM PSC.

RLE Pursues Hydrogen Opportunities, Adding to its East Coast Gas Assets

May 27, 2020

Australian east coast focused Gas company, Real Energy (ASX: RLE), is entering the hydrogen fuel industry with plans to build a large-scale hydrogen fuel plant in Queensland.

We Have Doubled our Holding in EXR – Mongolian Gas Exploration to Accelerate

May 26, 2020

Elixir Energy (ASX: EXR) has just completed a massively oversubscribed capital raising ahead of an expanded drilling campaign at its coal bed methane (CBM) exploration project on the Mongolian-Chinese border.

$5M RLE Given Green Light to Unlock Value Across Prime East Coast Gas Acreage

Apr 07, 2020

Real Energy (ASX: RLE) is currently capped a fraction of the value of its neighbours, at just $5M, making it much more leveraged to success at its JV Venus Project in the Surat Basin, a prolific CSG producing region where over 4000 wells have been drilled, & over 1200 PJ of 2P reserves sit in nearby CSG fields.

Mongolia’s First Gas Discovery, The First of Many for Elixir Energy?

Feb 26, 2020

Elixir Energy (ASX:EXR) has capped off its first exploration season in Mongolia, delivering the country its first coal seam gas (CSG) discovery at the Nomgon-1 well.

88 Energy’s Drill Rig is Now on its Way to Drill One of the Biggest Wells of 2020

Feb 24, 2020

The Nordic Calista Rig-3 has been mobilised and is now barrelling down Alaska’s Dalton Highway from Deadhorse to Mile 386 en route to its final destination at 88E’s Project Icewine.

Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole

Feb 05, 2020

Starting off from such a low base in 2020 provides a fresh start for investors as Elixir Energy completes drilling at its second location within its massive acreage in Mongolia’s Gobi Desert.

Alaskan North Slope Micro Cap Confirms 1.6BN Barrel Prospective Resource

Jan 21, 2020

XCD Energy (ASX:XCD) has rapidly increased its acreage in the region, delivered a prospective resource, and is seeking a farm-in partner and progressing to exploration.

RLE Aims to Provide East Coast with Gas Shortage Solution

Nov 25, 2019

Junior oil and gas explorer and developer Real Energy Corporation (ASX: RLE) has struck a crucial deal in its quest to attain producer status, having been awarded a prime chunk of Surat Basin coal seam gas (CSG) acreage.

88 Energy Edge Closer to Spud Date on One of the Biggest Oil Wells of 2020

Nov 19, 2019

The countdown is on for the spudding of 88 Energy’s (ASX:88E | AIM:88E) fully funded appraisal well on the Alaskan North Slope. At the Company’s Project Icewine, the Charlie-1 appraisal well is on track for February 2020 drilling and it’s set to be one of the biggest oil wells in the world...

Total and Santos Deadline Looms: Melbana Aims for Full Buy In

Oct 30, 2019

The deadline for petroleum heavyweights Total and Santos to decide whether to buy into Melbana Energy’s (ASX:MAY) WA-488-P permit offshore northwest Australia is just days away.

Is a Farm-in for IPB’s Potential Multi-Million Barrell Oil Asset Just Around the Corner?

Oct 28, 2019

The very tightly held IPB Resources (ASX:IPB) is looking to secure debt financing or facilitate a farm-in with these Middle Eastern investors and, by all accounts, these talks are progressing well.

88E to Drill One of The Biggest Oil Wells in The World in 2020

Oct 15, 2019

88 Energy (ASX: 88E | AIM: 88E) is gearing up to drill one of the biggest oil wells in the world in 2020.

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

Oct 11, 2019

It’s all systems go for Elixir Energy (ASX:EXR) as it spuds its first well at its Nomgon IX coalbed methane (CBM) production sharing contract (PSC) in the South Gobi Basin in Southern Mongolia.

88E Partner with $1B Premier Oil in North Slope Farmout: Drilling Q1 2020

Aug 23, 2019

88 Energy (ASX: 88E, AIM: 88E) has just attracted a farmout partner on its multi-billion barrel Project Icewine Conventional play.

Introducing Our Top ASX Energy Pick of 2019

Jul 11, 2019

Stocks like today's don’t come along all the time, but on certain occasions we are emboldened enough to give them the coveted ‘Top Pick of the Year’ selection. This company is sitting on a gigantic, independently certified 7.6 Tcf coalbed methane Prospective Resource in southern Mongolia — right on the border of China.

Ready Market for Gas Junior with Globally Significant Project

Apr 09, 2019

Armed with an extensive legacy dataset, today's oil junior is believed to have the largest undrilled seismically defined structure onshore Africa… And could be the largest discovery in 40 years.

The Oil Junior Set to Unlock Multi-Million Barrel Value in WA’s Prolific Browse Basin

Mar 26, 2019

For investors looking for a potential investment winner in the oil and gas sector, companies operating in a low interest rate, low cost, and low risk environment will have the upper hand. One ASX junior seems to fit that bill.