OIL

Five Texas wells pumping oil for AKK

Finfeed Archived Dec 10, 2014

Austin Exploration’s (ASX: AKK) fifth well in the prolific Texas Eagle Ford has pumped out 19,600BOE in its first thirty days of operation – right as the company achieves positive cash flow and secures new funding. AKK is developing its Texas Birch Eagle Ford project in the middle of a proven hydrocarbon basin and has

Neighbour to Drill in Weeks: TANGIERS’ New Alaskan Play

Next Investors Archived Dec 08, 2014

Tangiers Petroleum Limited (ASX:TPT, AIM:TPET) has hit the reset button and secured a new oil play in the heart America’s most prolific oil producing region – Alaska’s North Slope.

AKK Now Cash Flow Positive with 6 Wells Spudded in Texas

Next Investors Archived Dec 03, 2014

AKK is now cash flow positive on a monthly basis – earning revenue from oil and gas wells pumping out product across the USA – from Texas to Kentucky to Mississippi to Colorado – AKK’s multiple, simultaneous project development strategy is now starting to pay off.

AVD teams with US$250M geophysics company to bid for Caribbean acreage

Finfeed Archived Oct 21, 2014

Antilles Oil and Gas (ASX: AVD) has linked up with the US$250M market cap Norwegian marine geophysics company Polarcus (OTCMKTS:PLCS) to jointly search and bid for acreage in the Caribbean. Capped at $6.5M, AVD is chasing large scale, deep-water oil resources. It’s now focused on securing high potential acreage, with the aim of attracting a

Drilling in East Africa – Kenya Drill Target Selected For SWE

Next Investors Archived Oct 10, 2014

Swala Energy (ASX:SWE) has just selected a drilling target for their Kenyan Block 12B, to be drilled in 2015. SWE’s JV partner, oil major Tullow, have determined a mean recoverable gross oil volume of 44 mmbbls for this prospect, the Ahero “A” prospect.

Success for RLE on First Exploration Well – Follow up Drilling Coming Soon

Next Investors Archived Oct 02, 2014

Real Energy’s (ASX:RLE) maiden exploration well in Queensland’s Cooper Basin has just hit a major gas zone – recording strong readings in both of the basin centred gas formations it’s targeting.

Which Junior Oil Company is Being Chased Around Africa by Woodside?

Next Investors Archived Sep 08, 2014

Lately we’ve noticed an interesting trend in transactional activity in Africa. Energy giant Woodside Petroleum has been taking up acreage positions around Africa which closely corresponds to Australian junior Pura Vida Energy (ASX: PVD).

5 Wells Now Spudded in AKK’s Aggressive Texan Eagle Ford Drilling Campaign

Next Investors Archived Aug 18, 2014

It’s like a scene out of a movie. The oil drilling crew watches the drill bit sink lower and lower into the earth, carefully fostering its progress, making sure it doesn’t snap or bend or snag.

Maiden Well Spudding Imminent for RLE’s Red Hot Cooper Basin Gas Play

Next Investors Archived Aug 15, 2014

The papers have been signed. The drill rig is on its way. The target: large quantities of gas in the Cooper Basin – Australia’s prime oil and gas producing region.

Tangiers unsuccessful on TAO-1 well

Next Investors Archived Aug 13, 2014

We just got smoked. It was a 1 in 5 chance for a 100 bagger. It was a high risk venture and that it had a 20% chance of success and an 80% chance of failure.

REY Perth Basin Drill Results Any Day Now – Targeting 3.4 million barrels

Next Investors Archived Aug 07, 2014

They say patience is a virtue – but try telling that to result hungry shareholders like us! Rey Resources Ltd (ASX:REY) first caught our eye when it snuck under everyone’s nose and grabbed a stake in two of the most sought after blocks in WA’s Canning Basin – a highly prospective area for oil and gas.

Tangiers requests trading halt ahead of TAO-1 exploration well results

Finfeed Archived Aug 01, 2014

Tangiers Petroleum Ltd (ASX: TPT, LON:TPET) has requested its shares be suspended from trading in both London and Australia pending the release of results from its TAO-1 well offshore Morocco. The trading halt request comes just three days after Tangier’s TAO-1 well intersected its secondary objective – Assaka – and found no significant oil shows.

TANGIERS Drilling Now on Potential 1.6BN Barrel Block… Targets Just Days Away

Next Investors Archived Jul 17, 2014

It’s show time. TANGIERS Petroleum Limited (ASX:TPT, AIM:TPET) has spudded its TAO-1 exploration oil well off the shores of Morocco. TANGIERS are just days away from reaching their first target and getting a first indication of how much oil is lurking below.

SWE Reveals Mystery US$ 36M JV Partner – Now Circling Multiple Oil Leads…

Next Investors Archived Jul 02, 2014

The mystery partner has been revealed. In March 2014 Swala Energy (ASX:SWE) revealed they had agreed on terms with a farm in partner for their Block 12B in Kenya, pending government approval.

US$ 20M Backing from Elite Financier: “Super Steel” Project Funded All the Way to Construction

Next Investors Archived Jul 01, 2014

“Space age” steel is about to go mainstream. There is one metal which steel makers know makes their product stronger AND lighter. It’s not easy to get your hands on it – there are just three producers in the world and it fetches $40,000 / tonne. It’s Niobium (Nb)… Although Niobium is rare, its properties […]

NML Drills Deeper into the “Australian Andes”

Next Investors Archived Jun 15, 2014

It’s official. NML has now kicked off its ‘deeper’ drilling campaign, with results due in just weeks…

ASX Tech Junior: Final Nail in the “Bricks & Mortar” Retail Coffin?

Next Investors Archived Jun 11, 2014

Online retail spending in Australia has just passed $15 billion. $15BN – all of it spent with the click on a computer mouse or a tap on a smart phone or tablet – and that $15BN represents just under 7% of Australia’s total retail sales.

$ 20M to $ 5.6BN: Can He Do It Again? Multiple Catalysts In Weeks

Next Investors Archived May 26, 2014

Crusty old Texas oil barons are now welcoming fresh faced, upstart millenials to the game – a new breed of aspiring wildcatters, landmen, engineers, investors, entrepreneurs and future oil barons and are setting up shop across the US shale hot spots like Texas and Colorado.