OIL

Austin Exploration to get oil flowing in Mississippi

Finfeed Archived Oct 15, 2015

US-focused Austin Exploration (ASX:AKK) says the oil and sales should be flowing at its Board of Education project in Mississippi before the year is out.

What does the Shell decision mean for Alaskan oilers?

Finfeed Archived Oct 06, 2015

News that Shell was walking away from the Chukchi Sea after spending $7 billion in exploration on one well had the potential to send shockwaves through the Alaskan community – but according to one onshore oil driller it’s actually being read as a positive.

Tiny ASX Oil Explorer Next Door to $50BN Eni and $45BN Statoil

Next Investors Archived Sep 29, 2015

Pilot Energy (ASX:PGY) has reinvented itself as an emerging junior oil and gas company, having acquired its four new permits in the space of just ten months – an impressive result for such a small team.

Red Sky Energy (ASX:ROG) Director Clinton Carey talks Oil & Gas with Finfeed.com

Finfeed Archived Sep 28, 2015

Red Sky Energy (ASX:ROG) is progressing a countercyclical portfolio-building strategy amidst the current weakness in crude oil prices. The company is picking up assets on the cheap, and is betting on the oil price to go up again, just like it always has in the past. As the oil price rises, ROG will be well

88 Energy one step closer to Icewine-1 spud

Finfeed Archived Sep 18, 2015

88 Energy (ASX:88E) has received one of three key pieces of regulatory approval prior to drilling the Icewine-1 well in Alaska – and the regulator is holding its application up as a sterling example.

Oil Drilling in Weeks: Multi-Hundred Million Barrel Potential

Catalyst Hunter Archived Sep 16, 2015

88 Energy (AIM:88E | ASX:88E) is to start drilling a well in a potential new play which could host hundreds of millions of recoverable oil.

REY Drilling Now in the Canning Basin

Next Investors Archived Sep 15, 2015

With news that joint venture partner Buru Energy (ASX:BRU) has spud Victory-1 in the Canning Basin, Rey Resources (ASX:REY) is edging ever so closer to a potential company making oil discovery.

Drilling in Weeks to Unlock World-Class Shale Play: Months of Catalysts Ahead

Next Investors Archived 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).

REY Goes for Victory as Canning Well Spuds

Finfeed Archived Sep 09, 2015

Rey Resources (ASX: REY) is talking up the chances of Victory-1 in the Canning Basin being a “high impact” well after the well was officially spud today by Buru Energy (ASX:BRU). Buru spud the well in today with the Atlas 2 rig scheduled to take 42 days to reach total depth of 2600m. The well

Oil Discovery in Canning Basin: REY to Drill Multiple Wells in Coming Weeks

Next Investors Archived Sep 02, 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.

Oil up over 8% on OPEC comments

Finfeed Archived Sep 01, 2015

West Texas Intermediate oil prices surged by over 8% overnight as the Organisation of Petroleum Exporting Countries (OPEC) signalled that it could come to the table on cutting back production. OPEC released its “monthly bulletin” overnight, sending traders scrambling to hit the buy button as it said that it would now talk about cutting back

Anticipation builds for REY as drilling draws near

Finfeed Archived Sep 01, 2015

Drilling at Rey Resources’ (ASX:REY) Victory-1 well in EP457 could be as little as a week away, and is being drilled just after the on-trend Praslin-1 well which has just hit a 23m oil column. Canning Basin darling Buru has just completed drilling the Praslin-1 well nearby in joint venture with Mitsubishi, the last well on the

2 x Production Wells Imminent

Catalyst Hunter Archived Aug 18, 2015

Dual listed oil and gas company Oilex (AIM | ASX: OEX) is set to drill two unconventional gas production wells in the next quarter, providing a clear path way to positive cash flow generation: a truly transformational event that OEX can build upon for future success.