ASX ENERGY STOCKS

88 Energy (ASX | LON: 88E) is one of a select few energy stocks we have taken a large position in here at Next Investors and have increased our position in the lead up to multi-billion barrel drilling.

Our Top Energy Pick for 2020, Invictus Energy Ltd (ASX: IVZ), has a multi-Tcf and liquids rich conventional gas-condensate target — potentially the largest, undrilled seismically defined structure onshore Africa.

The Next Oil Rush’s top energy pick, Elixir Energy (ASX: EXR) has spud the Nomgon-2 well — a follow up to its gas discovery at its 7 million acre PSC on the Mongolia-China border.

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.