OIL

AOW Swoops on Distressed Texan Oil Seller: Proven Oil Reserves Secured

Next Investors Archived Sep 14, 2017

American Patriot (ASX:AOW) has embarked on an acquisition spree aimed at distressed assets that it hopes will net it a significant producing business, reaching 3,000 BOPD by 2019.

American Patriot finalises second Texas oil and gas acquisition

Finfeed Archived Sep 12, 2017

American Patriot Oil and Gas (ASX:AOW) today announced its acquisition of additional conventional oil and gas assets in Texas – the veritable heart of the US oil industry.

Audacious ASX Micro Cap to Drill Potential US$6BN Gas Resource

Next Investors Archived Aug 28, 2017

There’s something undeniably appetite-whetting about the combination of sheer grit, blue sky aspiration, and a formidably high-stakes play for speculative investors.

AOW Acquires Producing Oil & Gas Reserves: More Acquisitions to Come

Next Investors Archived Aug 08, 2017

Good things come to those who wait, as the nineteenth-century adage goes. Today’s ASX micro-cap, American Patriot (ASX: AOW), would wholeheartedly agree as it comes into its own as an oil and gas producer.

American Patriot transitions to producer with further acquisitions in the pipeline

Finfeed Archived Aug 03, 2017

Realisation for the first of AOW’s acquisitions is US$5 million to be paid in two tranches. Management said that the assets are expected to generate more than US$2 million in annual net cash flow at US$47 a barrel oil prices.

Is an ASX Junior Sitting on a Multi-Trillion Natural Gas Resource?

Next Investors Archived Jul 05, 2017

Sacgasco (short for the Sacramento Gas Company; ASX: SGC) is a junior gas explorer with a very simple market strategy. In this article, we’ll be running through SGC’s hydrocarbon arsenal, and gauging its chances of striking gas soon…

Shareholders take action on climate change

Finfeed Archived Jun 19, 2017

In what has been described as a monumental decision, almost three-quarters of ExxonMobil shareholders demanded the company be more open around the impact of climate change on its business. They demand that the US$344 billion oil company conduct an annual ‘stress test’ to measure how its oil assets will be affected by climate change regulation and new technology.

Benefits of Solo Oil’s helium investment highlighted by recent oil and gas price volatility

Finfeed Archived May 29, 2017

European-based Solo Oil plc (AIM: SOLO) recently confirmed that the company had taken the decision not to exercise its option to acquire a further 10% of Helium One.

88E retrieves excellent wireline data from Icewine#2

Finfeed Archived May 22, 2017

88 Energy (ASX:) announced on Monday that the company had completed wireline logging at its Icewine#2 project, located onshore North Slope of Alaska.