EXR has just spudded THEIR well...
Next Investors Nov 10, 2023
Our Oil&Gas investment, Elixir Energy (ASX: EXR) is drilling an "appraisal" well into a ~395bcf contingent resources which is looking to test a gas discovery sitting inside a ~3.3 Tcf prospective resource. With EXR's well sitting right next to ground owned by Shell, Santos and Origin, we are closely looking at the flow test results that will come from this drill campaign.
The two high impact oil & gas drills we're watching
Next Investors Aug 12, 2023
Amidst rising sentiment surround oil & gas and helium, NHE and IVZ are both conducting high-stakes frontier drill campaigns with global significance. We will discuss this further in this Weekender, and more about the small caps market.
88E delivers 450 feet (~137m) of net pay - now we wait for the flow test…
Next Investors Apr 12, 2023
88 Energy (ASX: 88E 🇦🇺| OTC: EEENF 🇺🇸) hit an estimated 450 feet (~137m) of net pay across all pay zones on its just concluded drilling campaign. 88E is now planning a flow test for the multiple pay zones as early as possible in the next winter drilling season, late 2023 / early 2024.
Discovery? We will know within 72 hours
Next Investors Dec 20, 2022
In less than 72 hours we will know if our 2020 Energy Pick Of The Year Invictus Energy (ASX: IVZ) has made a basin opening discovery in Zimbabwe. One final step is required for IVZ to declare a rare and coveted oil & gas “discovery” - IVZ needs to bring a hydrocarbon sample to the surface.
EXR to drill for gas in Queensland - Next Door to Shell and Santos
Next Investors Nov 11, 2022
Our 2019 Energy Pick of the Year, Elixir Energy (ASX: EXR) is in the early stages of planning a significant gas drilling event expected to occur in late 2023, on a recently acquired gas project in Queensland. Yesterday EXR released a “contingent resource estimate” showing 395Bcf of potentially recoverable gas — within its initial 3.3 Tcf unrisked mean prospective resource.
IVZ Confirms Working Hydrocarbon System - and is still drilling
Next Investors Nov 10, 2022
Today Invictus Energy (ASX: IVZ) confirmed a working conventional hydrocarbon system, 65x elevated gas shows - and some highly fluorescent cutting samples (see photo below). Our 2020 Energy Pick of The Year IVZ is currently drilling the biggest conventional onshore oil and gas prospect in Africa. IVZ still has a few hundred metres left to drill through the primary targets - then wireline logging to confirm that rare and coveted “oil & gas discovery”.