OIL GAS

Invictus Energy (ASX: IVZ) is the biggest pre-result exploration bet we have in our Portfolio right now. Today, IVZ upgraded its prospective resource, adding an extra 1.2 billion barrels of oil equivalent across its basin margin targets (a “String of Pearls” play), the first of which it will drill after the current well.

On the North Slope in the US state of Alaska, 88 Energy (ASX:88E | OTC: EEENF) has been actively exploring for oil for many years now, regularly drilling every year in the hope of making a large oil discovery.

Enter Top End Energy (ASX: TEE), our junior gas explorer, which is focused on making gas discoveries in Queensland (Adavale Basin) and the Northern Territory (McArthur Basin near the Beetaloo Basin).

The Sasanof-1 well is now being readied to drill into the primary target zone THIS WEEKEND.  That means come Monday, we should know whether our Investments Prominence Energy (ASX:PRM) and Global Oil and Gas (ASX:GLV) have an ownership stake in a new gas discovery.

Grand Gulf Energy (ASX:GGE) Drilling is now complete at the Jesse #1A well and GGE has confirmed it has intercepted a gross gas column measuring ~203 feet (~62 metres).

Our gas exploration Investments Prominence Energy (ASX: PRM) and Global Oil and Gas (ASX: GLV), who are only days away from drilling the Sasanof Prospect on the North West Shelf of WA

Our 2020 Energy Pick of the Year, Invictus Energy (ASX:IVZ) is now a step closer to finally drilling the largest seismically defined, undrilled oil and gas structure in onshore Africa.

IVZ is getting closer to drilling the largest seismically defined, undrilled oil and gas structure in onshore Africa, and at the same time solving an energy crisis for Zimbabwe.

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.

This morning, Elixir Energy (ASX: EXR) announced that it has been added to the MSCI Australia Micro Cap Index, which is designed to measure the performance of the microcap segment of companies traded on the Australian Securities Market.

Elixir Energy Limited (ASX: EXR) has provided an operations update on the current exploration and appraisal program underway in its Nomgon project within the South Gobi region of Mongolia.

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.

Today, Elixir Energy Limited (ASX: EXR) announced that its 2021 field program has just commenced, with the Yangir-2 core-hole well spudded on 6 March 2021.

Momentum is clearly building in 88 Energy Ltd (ASX: 88E | AIM: 88E) and that looks set to continue, given the company has a highly active 6-8 weeks ahead of it.

Sacgasco Ltd (ASX: SGC) has acquired a 30% working interest in the 1000 bopd Red Earth asset in Alberta, Canada.

88 Energy Limited (ASX:88E; AIM:88E) has provided a promising update on Project Peregrine, situated on the North Slope of Alaska.

Elixir Energy's (ASX: EXR) EXR's Nomgon-2 appraisal well has reached total depth & indicates an exceptionally thick coal seam that stretches 1km between the two wells.

88 Energy (ASX: 88E) now has net half a billion acres of exploration ground across multiple world class assets with multi-billion barrel discovery potential on the Alaskan North Slope.