OIL

88E in the HRZ, more oil shows

Finfeed Archived Dec 15, 2015

88 Energy (ASX:88E) has hit more oil shows at Icewine-1, while “visible bleeding out gas” was observed within the target HRZ Shale.

Explore, Sell and Repeat: OEL Builds Arsenal to Extend Winning Strategy

Next Investors Archived 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.

Otto Energy set for high-impact multi-well drilling

Finfeed Archived Dec 14, 2015

OEL entered into an agreement with Byron Energy for the staged farm-in for interests in up to three lease areas held in the Louisiana Gulf of Mexico area.

Oil shows at Icewine-1

Finfeed Archived Dec 04, 2015

88 Energy (ASX:88E) has hit oil shows at its Icewine-1 well in Alaska while drilling through conventional horizon.

88E Doubles Leverage to Potential Mammoth Oil Find

Next Investors Archived Dec 02, 2015

88 Energy (AIM:88E; ASX:88E) just bought a discount seat with VIP status at the big boys’ table. Now just days, possibly hours away from target depth on its maiden Icewine #1 well, 88E has just tripled its continuous acreage holding in Alaska…

Copper and oil continue to bleed

Finfeed Archived Nov 24, 2015

“You have to go into all of these countries that are already arrested by economic development and say ‘you need to stop drilling so much of that commodity that makes you money’,” Stanley says.

The sun rises in Ankara

Finfeed Archived Nov 20, 2015

Solar isn’t about saving the planet in Turkey — it’s about securing a stable energy supply, and an Aussie company is in the picture.

Next Door to Santos: RLE is Cashed Up and Ready to Frac

Next Investors Archived Nov 16, 2015

The Cooper Basin is home to some serious oil and gas players. Think Senex, AGL, Drillsearch and the big one… the $4.5BN market capped Santos.

AKK to Unlock 350 Wells in Coming Weeks?

Next Investors Archived Nov 12, 2015

Meet the ASX-listed oil company which is trying to keep costs down to such an extent that its CEO works the rigs in between important meetings.

Austin Exploration takes destiny into its own hands

Finfeed Archived Nov 09, 2015

Austin Exploration (ASX:AKK) will no longer be constrained by drilling contractors, signing a 12 month leasing option.

AVD Secure Farm Out: Drilling Soon on 100M Barrel Target

Next Investors Archived Nov 09, 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.

Pilot Energy (ASX:PGY) secures second Perth basin

Finfeed Archived Nov 04, 2015

The Permit offers mid-term drilling opportunities, at low cost with the potential for future expansion.

Innovation crucial in the time of an oil downturn

Finfeed Archived Oct 28, 2015

“The oil price slowdown is clearly impacting investment in innovation initiatives.”

Reinvigorated Pilot Plots Course for New Oil & Gas Heights

Next Investors Archived Oct 28, 2015

Pilot Energy (ASX:PGY), the $3M capped junior explorer with a rapidly developing early stage exploration portfolio, recently announced an independent audit confirming the potential for multi-million barrel oil discoveries…

ACCC flags concerns with oilfield acquisition

Finfeed Archived Oct 23, 2015

It’s the merger which could shake up the oil and gas industry in Australia, and the Australian Competition and Consumer Commission is concerned.

Red Sky Energy picks up a golden nugget

Finfeed Archived Oct 22, 2015

ASX-listed Red Sky Energy (ASX:ROG) has picked up another asset which could provide as much as $69,000 or revenue per month.

Pilot Energy adds multi-billion barrel potential

Finfeed Archived Oct 21, 2015

Pilot Energy (ASX:PGY) has added upward of 3.5 billion barrels of oil to the menu as it attempts to find a farm-in partner for a key WA offshore permit.

Senagi-1 spuds in for REY, BRU

Finfeed Archived Oct 16, 2015

Rey Resources’ (ASX:REY) Canning Basin adventure continues to roll on, with joint venture partner Buru Energy (ASX:BRU) confirming that it had spud in at Senagi-1.