88E Secures Permit to Drill
Email Feb 01, 2021
Our Alaskan oil explorer 88 Energy (ASX:88E) went into a trading halt at that time to get to the bottom of what was going on and how it might have impacted its current projects... This morning 88E announced it has secured a permit to continue its big drilling event in February\March 2021, testing a 1.6 billion barrel mean unrisked recoverable prospective resource.
Friday Stock Pick: Will it Happen Again...
Email Dec 04, 2020
88 Energy (ASX: 88E) is a junior oil explorer that is determined to hit the next multi-billion barrel oil discovery on the North Slope of Alaska. Today, 88E announced that a group of US oil investors have agreed to pay for almost the entire drilling cost of the next well (up to US$11.3M) - in return to earn 50% of the project.
Big Gets Bigger - New Sub-Basin Discovered
Email Nov 23, 2020
Elixir Energy (ASX: EXR) is exploring for natural gas on the Mongolia-China border and is one of the largest holdings in our portfolio. EXR just took another large step towards unlocking a massive, clean burning, natural gas source right on China’s doorstep, directly across the border in politically friendly Mongolia.
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.