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Finfeed Archived Oct 22, 2019
It is all systems go for Melbana Energy Limited (ASX: MAY) at its Block 9 Production Sharing Contract (Block 9 PSC) in Cuba.
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.
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.
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.
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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.
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.
ExxonMobil (NYSE:XOM), once the poster child for environmental hazard, has been trying to clean up its image of late.
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.
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 (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.
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.
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.
Finfeed Archived Aug 23, 2019
88 Energy (ASX: 88E, AIM: 88E) has secured a farmout for its conventional prospect portfolio at Project Icewine.
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.
Finfeed Archived Aug 12, 2019
Gas exploration company Elixir Energy Ltd (ASX:EXR) has commenced its seismic program at the Nomgon IX CBM PSC.
Finfeed Archived Aug 01, 2019
Elixir Energy Ltd (ASX:EXR) has signed a binding drilling services contract with Mongolian company Erdenedrilling LLC.
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.
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.
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