NEXT OIL RUSH

Today our 2020 Energy Pick of the Year, Invictus Energy Ltd (ASX:IVZ), signed a non-binding, Farm-in Option Agreement with Cluff Energy Africa in anticipation of its maiden 2-well drilling program targeting an 'elephant scale' prospect in Zimbabwe.

News last week was that 88 Energy's (ASX:88E) drill rig has been contracted - another step in the journey towards the spudding of the Merlin-2 well. 88E’s Merlin-2 well is targeting 652 million barrels with a geological chance of success of 56%.

Today Elixir Energy (ASX:EXR) announced it has signed an MoU with Mongolia’s Ministry of Energy to co-operate over Hydrogen to create a new hydrogen industry in Mongolia.

After the success of the Merlin-1 well earlier this year, where light oil was detected across three horizons, 88E is preparing to drill a follow up well to get a better understanding of just how much oil it could be sitting on.

We have been following 88 Energy (ASX:88E) for many years and are delighted for them and long term holders this week with the company confirming the presence of light oil in the evaluation of their Merlin-1 well drilled earlier this year — finally confirming the elusive news we have been waiting for.

Alaskan oil explorer 88 Energy (ASX: 88E | OTC: EEENF) has cut a deal to buy back its 1.6 billion barrel Project Peregrine, and now holds 100% of it once again.

Elixir Energy (ASX: EXR) is defining a large natural gas resource on the Mongolian-China border, with the goal to replace the burning of coal for energy in China. EXR is emerging from recent share price weakness, below is what we think happened.

Today 88 Energy (ASX: 88E | OTC: EEENF) released an announcement on additional lab results from its most recent drilling campaign. This was definitely 88E’s best ever drilling outcome to date, despite the operational issues that occurred during drilling.

Elixir Energy (ASX:EXR) has just announced it has started drilling a new exploration well today, with results expected in weeks.

Elixir Energy (ASX: EXR) is exploring for natural gas on the Mongolian-China border to replace burning of coal for energy in China... and has just revealed Blue and Green Hydrogen ambitions in this morning's quarterly.

Invictus Energy Ltd’s (ASX:IVZ) is gearing up to drill its massive prospect late this year. As with all exploration stocks we invested early and continue to hold. We are anticipating a gradual share price in the lead up to this drilling event which is still many months away.

Elixir Energy (ASX: EXR) has just announced drilling of not one, but two new wells this month with results due soon after AND the results of its first 2021.

In the last few weeks 88 Energy (ASX: 88E) ran up over 1,000% on speculation of a huge, gushing oil result… Today the 88E share price has taken a healthy reality check (in other words it got smashed from its highs) on what was actually quite positive progress as far as oil exploration results go.

Today 88 Energy (ASX: 88E) announced the interpretation of its ‘logging while drilling’ data. The progress results to date indicate multiple potentially hydrocarbon bearing zones have been encountered whilst drilling.

Our 2020 Energy Pick of the Year Invictus Energy (ASX: IVZ) is chasing the largest, seismically defined, undrilled structure onshore Africa. IVZ has just gone into an unexpected halt and we think we know why....

88 Energy (ASX: 88E)’s Alaskan oil well has already been drilled to 1,500 ft depth and A 645 million barrel oil target is just a few days from being pierced with the drill bit.

Our 2020 Energy Pick of the Year Invictus Energy (ASX: IVZ) plans to drill the largest undrilled  onshore gas prospect in Africa this year. We think IVZ can repeat the 2,150% gains made in 12 months by nearby peer ReconAfrica, which is currently drilling in Namibia.

A user who goes by u/zemadfrenchman posted comprehensive due-diligence highlighting EXR’s potential upside on our favourite stock chat forum ASX_Bets.