articles with this tag
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.
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.
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.
In the Coming Days, this $8M Capped ASX Stock is Spudding a Well in an Oil Hot Spot
Dec 8, 2016
One $8M capped oil and gas producer and explorer is just a few days away from spudding a well offering near term production potential in a highly prolific onshore hydrocarbon region of Indonesia. The low cost Amanah Timur-1 well is scheduled to spud around the 12th December on an underexplored block that is on trend with major oil fields in the region.
How 88 Energy Defied the Odds
Mar 1, 2016
Amidst a cyclical downturn in the oil market, one dual listed oil explorer 88 Energy (ASX:88E; AIM:88E) has managed to stand out amongst the crowd, and steadily grow its valuation over the past year – defying the odds and expectations for a junior.
Explore, Sell and Repeat: OEL Builds Arsenal to Extend Winning Strategy
Dec 15, 2015
Fresh from selling its Galoc oil field for US$108MN earlier this year, Otto Energy (ASX:OEL) is already assembling its arsenal for a shot at its next big money spinner.
AVD Secure Farm Out: Drilling Soon on 100M Barrel Target
Nov 9, 2015
Investing in oil exploration companies is inherently speculative in nature – but the fact that oil prices are currently hovering below $50 per barrel has sent some oilers the world over screaming for mercy.
Drilling in Weeks to Unlock World-Class Shale Play: Months of Catalysts Ahead
Sep 14, 2015
Drilling is now imminent on a billion barrel plus shale prize on the North Slope of Alaska. The rig contract has been executed – and spud date is now just a few weeks away for 88E Energy (AIM:88E; ASX:88E).
Oil Discovery in Canning Basin: REY to Drill Multiple Wells in Coming Weeks
Sep 2, 2015
It’s time for Rey Resources (ASX:REY) to hit the spotlight, as this little oil explorer shares 25% of the next two wells.
Which Junior Oil Company is Being Chased Around Africa by Woodside?
Sep 8, 2014
Lately we’ve noticed an interesting trend in transactional activity in Africa. Energy giant Woodside Petroleum has been taking up acreage positions around Africa which closely corresponds to Australian junior Pura Vida Energy (ASX: PVD).
Maiden Well Spudding Imminent for RLE’s Red Hot Cooper Basin Gas Play
Aug 15, 2014
The papers have been signed. The drill rig is on its way. The target: large quantities of gas in the Cooper Basin – Australia’s prime oil and gas producing region.
TANGIERS Drilling Now on Potential 1.6BN Barrel Block… Targets Just Days Away
Jul 17, 2014
It’s show time. TANGIERS Petroleum Limited (ASX:TPT, AIM:TPET) has spudded its TAO-1 exploration oil well off the shores of Morocco. TANGIERS are just days away from reaching their first target and getting a first indication of how much oil is lurking below.
SWE Reveals Mystery US$ 36M JV Partner – Now Circling Multiple Oil Leads…
Jul 2, 2014
The mystery partner has been revealed. In March 2014 Swala Energy (ASX:SWE) revealed they had agreed on terms with a farm in partner for their Block 12B in Kenya, pending government approval.
$ 20M to $ 5.6BN: Can He Do It Again? Multiple Catalysts In Weeks
May 26, 2014
Crusty old Texas oil barons are now welcoming fresh faced, upstart millenials to the game – a new breed of aspiring wildcatters, landmen, engineers, investors, entrepreneurs and future oil barons and are setting up shop across the US shale hot spots like Texas and Colorado.
Drilling Just Weeks Away for Tiny Explorer Targeting 1.6 Billion Barrels of Oil
May 20, 2014
A 20% chance to make 100 times our money? Even by oil exploration standards that is pretty impressive – This kind of opportunity suited our investment strategy, you need to decide whether it suits yours.