OIL

Oil junior Red Emperor secures key drilling permits

Finfeed Archived Dec 17, 2018

Red Emperor Resources (ASX:RMP) has indicated that 88 Energy Limited (ASX:88E), in its capacity as consortium operator, has received approval for all major permits needed to commence drilling of the Winx-1 exploration well.

Melbana seals binding deal for Santa Cruz oil field

Finfeed Archived Dec 05, 2018

Melbana Energy (ASX:MAY) has provided an encouraging update on its activities in relation to the Santa Cruz oil field, a region that has been in production since 2006.

Elixir Petroleum to snap up Golden Horde

Finfeed Archived Dec 03, 2018

Energy junior Elixir Petroleum (ASX:EXR) has decided to exercise its option to acquire Golden Horde (GOH).

Oil junior Melbana speeds up planning for Beehive-1 drilling

Finfeed Archived Dec 03, 2018

ASX oil junior, Melbana Energy (ASX:MAY), has reached an agreement with farm-in-partners, Total and Santos, to accelerate planning for the Beehive-1 exploration well, ensuring that it's ready to drill in the September quarter of 2020. Beehive is one of the largest undrilled hydrocarbon prospects in Australia.

Oil junior Red Emperor defies market sentiment as drilling looms

Finfeed Archived Nov 27, 2018

In one of the most anticipated drilling campaigns for any ASX-listed energy group — and definitely amongst our listed junior explorers — Red Emperor Resources (ASX:RMP) and its consortium partners are planning to drill the Winx-1 well on Alaska’s renowned North Slope in February next year.

ASX Oil Stock Set to Drill Multi Billion Barrel Alaska North Slope

Catalyst Hunter Archived Nov 22, 2018

Oil explorer Red Emperor Resources (ASX:RMP) will soon begin its drilling program within the famed multi-billion barrel Alaska North Slope

Which ASX Gas Junior Has a 40TCF Unrisked Resource On China’s Doorstep?

Next Investors Archived Nov 21, 2018

This ASX oil and gas junior looks to have two mega projects of magnitude and scale on its hands.

Elixir’s news of potentially giant gas resource makes for share price tonic

Finfeed Archived Nov 20, 2018

Elixir Petroleum (ASX:EXR) looks to have its hands on an independently validated, potentially world-class giant gas resource.

Cuban oil discovery bodes well for Melbana Energy

Finfeed Archived Nov 15, 2018

Cuba has become a highly promising region for oil and gas exploration, much to the advantage of ASX listed Melbana (ASX:MAY)

ASX Junior’s Under-Drilled Cuban Oil Asset Puts it in Multi-Billion Barrel Company

Next Investors Archived Nov 15, 2018

Melbana Resources (ASX:MAY) is now reaping the benefits of a period where it has built up an unrisked Prospective Resource base of 1.1 billion barrels of oil equivalent (Bbble).

88E to raise A$10 million

Finfeed Archived Nov 12, 2018

88 Energy Limited (ASX:88E) this morning advised shareholders that it has successfully completed a bookbuild to domestic and international investors (institutional and sophisticated), which will raise approximately A$10 million.

88E exploring for large-scale, multi-billion barrel oil resources

Finfeed Archived Nov 07, 2018

Oil and gas junior, 88 Energy Limited (ASX:88E), this morning provided an update related to ongoing work on its conventional prospect portfolio at Project Icewine, on the North Slope, onshore Alaska. The project has a total conventional net mean prospective oil resource of 2,445 MMBO.

88E Bolsters Multi Billion Barrel Oil Resource: Farm Out by Year End?

Next Investors Archived Nov 06, 2018

Currently capped at just A$100 million, 88 Energy (ASX:88E) is exploring for large scale, multi-billion barrel oil resources across the North Slope, onshore Alaska, and the company is gearing up for a significant amount of activity over the coming months.