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.
Oil Explorer Accelerates Alaskan Play as Repsol Reports Discovery Nearby
Jun 12, 2015
88 Energy (AIM:88E; ASX:88E) is surfing a tsunami of news right now. Most importantly, a few miles down the road, $23BN USD oil major Repsol has just struck oil… … A 750 million barrel discovery, by our rough estimates (read on for the full calculation).
Drilling Fast Tracked on 8 Billion Barrel Potential as Nearby Results Due in Weeks
Mar 24, 2015
88 Energy Limited (ASX:88E / AIM:88E) has just moved into the Alaskan fast lane… The company could be drilling for oil at its recently acquired 8 billion barrel potential (gross mean unrisked) Project Icewine in Alaska as early as this year.
Multiple Drilling Events in 2015 for REY: One on the Same Oil Trend as Recent Discovery
Feb 05, 2015
2014 was a big one for Rey Resources (ASX:REY) – it explored for oil and gas far and wide, identified an oil prospect in the Canning Basin, and spudded a well in the Perth Basin that hit good oil shows.
AKK Now Cash Flow Positive with 6 Wells Spudded in Texas
Dec 03, 2014
AKK is now cash flow positive on a monthly basis – earning revenue from oil and gas wells pumping out product across the USA – from Texas to Kentucky to Mississippi to Colorado – AKK’s multiple, simultaneous project development strategy is now starting to pay off.
Drilling in East Africa – Kenya Drill Target Selected For SWE
Oct 10, 2014
Swala Energy (ASX:SWE) has just selected a drilling target for their Kenyan Block 12B, to be drilled in 2015. SWE’s JV partner, oil major Tullow, have determined a mean recoverable gross oil volume of 44 mmbbls for this prospect, the Ahero “A” prospect.