OIL

American Patriot finalises second Texas oil and gas acquisition

Finfeed Archived Sep 12, 2017

American Patriot Oil and Gas (ASX:AOW) today announced its acquisition of additional conventional oil and gas assets in Texas – the veritable heart of the US oil industry.

Audacious ASX Micro Cap to Drill Potential US$6BN Gas Resource

Next Investors Archived Aug 28, 2017

There’s something undeniably appetite-whetting about the combination of sheer grit, blue sky aspiration, and a formidably high-stakes play for speculative investors.

AOW Acquires Producing Oil & Gas Reserves: More Acquisitions to Come

Next Investors Archived Aug 08, 2017

Good things come to those who wait, as the nineteenth-century adage goes. Today’s ASX micro-cap, American Patriot (ASX: AOW), would wholeheartedly agree as it comes into its own as an oil and gas producer.

American Patriot transitions to producer with further acquisitions in the pipeline

Finfeed Archived Aug 03, 2017

Realisation for the first of AOW’s acquisitions is US$5 million to be paid in two tranches. Management said that the assets are expected to generate more than US$2 million in annual net cash flow at US$47 a barrel oil prices.

Is an ASX Junior Sitting on a Multi-Trillion Natural Gas Resource?

Next Investors Archived Jul 05, 2017

Sacgasco (short for the Sacramento Gas Company; ASX: SGC) is a junior gas explorer with a very simple market strategy. In this article, we’ll be running through SGC’s hydrocarbon arsenal, and gauging its chances of striking gas soon…

Shareholders take action on climate change

Finfeed Archived Jun 19, 2017

In what has been described as a monumental decision, almost three-quarters of ExxonMobil shareholders demanded the company be more open around the impact of climate change on its business. They demand that the US$344 billion oil company conduct an annual ‘stress test’ to measure how its oil assets will be affected by climate change regulation and new technology.

Benefits of Solo Oil’s helium investment highlighted by recent oil and gas price volatility

Finfeed Archived May 29, 2017

European-based Solo Oil plc (AIM: SOLO) recently confirmed that the company had taken the decision not to exercise its option to acquire a further 10% of Helium One.

88E retrieves excellent wireline data from Icewine#2

Finfeed Archived May 22, 2017

88 Energy (ASX:) announced on Monday that the company had completed wireline logging at its Icewine#2 project, located onshore North Slope of Alaska.

Amid the East Coast Gas Crisis, RLE Strike Deal with Santos

Next Investors Archived May 15, 2017

The East Coast gas supply crisis is driving gas prices up, with prices forecast to increase substantially from current levels. But what can be done to mitigate what could be an economic disaster. This gas shortage crisis has been all over the news lately, especially following Prime Minister Turnbull’s announcement that gas exports would be […]

What’s the upside for 88 Energy?

Finfeed Archived May 09, 2017

Hartleys analyst, Aiden Bradley has run the ruler across 88E as the company progresses with its drilling campaign at Icewine#2 oil reservoir in Alaska.

Can 88E Unlock the World’s Next Multi-Billion Barrel Oil Play?

Next Investors Archived May 02, 2017

Can the multi-billion barrel ‘potential’ at Project Icewine be transformed into commercial flow rates over the coming months? That is the question on 88 Energy (LSE | ASX: 88E) investors’ minds now that the company has begun drilling what could be a truly transformational well – the Icewine #2 production test well.

88E prepares to commence drilling at Icewine

Finfeed Archived Apr 11, 2017

Another significant catalyst has been newsflow regarding the group’s upcoming commencement of its Icewine #2 project located onshore the North Slope of Alaska.

LSE Stock to Rise as Helium Approaches Supply Cliff?

Next Investors Archived Apr 05, 2017

You may not read about it often, but the gas that makes your voice go higher, delivering so many laughs at kids’ birthday parties, is actually part of a $6 billion global industry in revenue terms. We are talking about helium.

UJO on Track to Drill Two Fully Funded Conventional Wells in 2017

Next Investors Archived Mar 20, 2017

Oil exploration, as well as oil production, is all about timing. Drilling for a productive source of crude oil requires extensive preparation, sifting through geological assessments and as many oil sector investors also know, a bit of luck.

Solo Oil Strike Commercial Volume of Gas in Tanzania

Finfeed Archived Mar 17, 2017

Solo Oil plc (LSE: SOLO) recently reported success on the Ntoyra-2 appraisal well, onshore Ruvuma Basin in southern Tanzania.

A Lion of Indonesian Oil: A Q&A with Lion Energy CEO Kim Morrison

Finfeed Archived Mar 15, 2017

The views and opinions expressed in this article are those of Kim Morrison. You should not act on these views or opinions without undertaking your own due diligence as to the voracity and accuracy of his views and opinions. These views and opinions may be wrong or misleading. Whilst oil took a tumble today as Saudi Arabia

88 Energy raises $17 million to strengthen balance sheet and fund upcoming drilling program

Finfeed Archived Mar 06, 2017

88 Energy (ASX | AIM : 88E) announced on Monday morning that it had successfully completed a bookbuild to domestic and international institutional and sophisticated investors, raising A$17 million in an oversubscribed placement. Not only will the capital raised fully fund upcoming drilling at the company’s Icewine#2 well project located in Alaska which should spud

Turning Coal Green: ASX Stock Sends Wheat Yields Up 300%

Next Investors Archived Feb 15, 2017

Imagine revitalising the coal industry and disrupting the agriculture market all in one fell swoop. That is the extent of this ASX listed stock’s ambitions. This ASX company plans to make money and fertiliser out of Australia’s vast coal reserves. And they plan to make it happen in seconds and to produce zero emissions from doing so.