Bidding War Begins for ASX Oil Explorer
Feb 29, 2016
An out and out bidding war has begun for one junior ASX oil and gas explorer that has had two takeover offers in the space of six months. Needless to say, that is significant news – this little company appears to be soliciting bigger and bigger offers for its onshore US acreage – and we […]
When Oil Met Gas: 88E in the Sweet Spot
Feb 17, 2016
In the 1989 film When Harry met Sally, the romance between Harry and Sally caused sparks (you may remember that diner scene). When news that ‘Oil met Gas’ at 88 Energy (AIM:88E | ASX:88E)’s Alaskan onshore Project Icewine this week, the company’s share price sparked in just the same way…
88E Doubles Leverage to Potential Mammoth Oil Find
Dec 02, 2015
88 Energy (AIM:88E; ASX:88E) just bought a discount seat with VIP status at the big boys’ table. Now just days, possibly hours away from target depth on its maiden Icewine #1 well, 88E has just tripled its continuous acreage holding in Alaska…
Days Away Now: Offshore Drilling to Start by OEL
Jul 28, 2015
On Friday, July 31st – that’s 3 days from now – the advanced deepwater drill ship Maersk Venturer will set sail for Otto Energy’s (ASX:OEL) SC55 Block offshore the Philippines – and one to two days after it arrives, it will spud the Hawkeye-1 well.
RLE Discover Cooper Basin Gas: Primed to Address East Coast Shortfall
Jul 10, 2015
RLE is targeting big resources in the short term – its goal is to prove up 3P (Proven, Probable and Possible) reserves in two main gas formations – the Toolachee and the Patchawarra, big layers that dominate the Cooper.