OIL

88E to Drill One of The Biggest Oil Wells in The World in 2020

Next Investors Archived Oct 15, 2019

88 Energy (ASX: 88E | AIM: 88E) is gearing up to drill one of the biggest oil wells in the world in 2020.

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

Next Investors Oct 11, 2019

It’s all systems go for Elixir Energy (ASX:EXR) as it spuds its first well at its Nomgon IX coalbed methane (CBM) production sharing contract (PSC) in the South Gobi Basin in Southern Mongolia.

Approvals enable Melbana to move forward in Cuba

Finfeed Archived Oct 03, 2019

Melbana Energy Limited (ASX:MAY) was today informed by CUPET, the national oil company of Cuba, that the Cuban oil company has received all necessary approvals to confirm amendments to the Block 9 Production Sharing Contract (PSC) requested by Melbana.

All Ords shows strength despite oil attacks

Finfeed Archived Sep 20, 2019

Yet the All Ordinaries Index as well as other world markets have continued to show resilience in the face of the China trade war, Saudi oil crisis and low interest rates.

Oil prices soar after Saudi oil facility attack

Finfeed Archived Sep 16, 2019

A drone strike on a Saudi Arabian Aramco oil facility on Saturday cut the country’s oil production in half and removed about 5% of global supplies resulting in oil prices surging the most on record.

The good oil on ethical behaviour

Finfeed Archived Sep 16, 2019

ExxonMobil (NYSE:XOM), once the poster child for environmental hazard, has been trying to clean up its image of late.

Elixir completes seismic, remains on track for first spud

Finfeed Archived Sep 16, 2019

Elixir Energy (ASX:EXR) completes 2019 Nomgon IX Seismic Survey with results due in six weeks. Preparation for the CSG drilling campaign on schedule and the spud for the first well expected in late September/early October.

Rat's Rant: Stocks that are hot, not and ... Les Norton

Finfeed Archived Sep 13, 2019

Fremont closed up 25% to finish at 1c on $169,000 stock traded. The reason they were up was due to their update on their Vespucci oil and gas well located in Colorado.

88 Energy banks on North Alaska

Finfeed Archived Sep 13, 2019

88 Energy (ASX:88E), has banked $6.75m from a successful capital raising to fund the company’s ongoing evaluation of its extensive acreage in the resurgent North Slope region of Alaska.

Oil and gas juniors looking the goods

Finfeed Archived Sep 10, 2019

The small end of the oil and gas sector is heating up with moves from Petro Matad, Galilee, Elixir, Strike Energy and Warrego Energy.

88E Partner with $1B Premier Oil in North Slope Farmout: Drilling Q1 2020

Next Investors Archived Aug 23, 2019

88 Energy (ASX: 88E, AIM: 88E) has just attracted a farmout partner on its multi-billion barrel Project Icewine Conventional play.

88 Energy seals Alaskan farmout agreement with Premier Oil

Finfeed Archived Aug 23, 2019

88 Energy (ASX: 88E, AIM: 88E) has secured a farmout for its conventional prospect portfolio at Project Icewine.

Santos/Total decision could double Melbana’s share price

Finfeed Archived Aug 22, 2019

Hartley's analyst Aides Bradley’s price target of 2.2 cents for Melbana (ASX:MAY) implies 100% upside to yesterday’s closing price of 1.1 cents - however this is speculative.

Elixir draws comparison to Galilee: kicks off seismic program

Finfeed Archived Aug 12, 2019

Gas exploration company Elixir Energy Ltd (ASX:EXR) has commenced its seismic program at the Nomgon IX CBM PSC.

Elixir’s drilling contract paves way for resource conversion

Finfeed Archived Aug 01, 2019

Elixir Energy Ltd (ASX:EXR) has signed a binding drilling services contract with Mongolian company Erdenedrilling LLC.

Thelma and Louise drive Talon’s North Sea expansion

Finfeed Archived Jul 23, 2019

Talon Petroleum Ltd (ASX:TPD) has successfully conducted a joint bid alongside ONE-Dyas E&P Limited (ONE-Dyas) for a licence over Block 14/30b.

Mongolian oil and gas sector heats up

Finfeed Archived Jul 23, 2019

The Mongolian oil and gas sector is attracting attention this month with two exploration companies embarking upon drilling programs. AIM-quoted Petro Matad (LON:MATD) could be on its way to delivering a Mongolian oil discovery in just over a month with the spud of its Heron-1 exploration well. While over on the ASX, Elixir Energy (ASX:EXR) is all set for its upcoming initial drilling at its 100% owned Nomgon IX coalbed methane PSC.

China is desperate for gas – buying high price LNG imports

Finfeed Archived Jul 18, 2019

Hot on the heels of receiving final environmental approval to commence its exploration program at the Nomgon IX Coal Bed Methane Production Sharing Contract (CBM PSC) in Mongolia, Elixir Energy Ltd (ASX:EXR) has awarded a tender for its upcoming drilling program.