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Finfeed Archived Sep 09, 2015
Rey Resources (ASX: REY) is talking up the chances of Victory-1 in the Canning Basin being a “high impact” well after the well was officially spud today by Buru Energy (ASX:BRU). Buru spud the well in today with the Atlas 2 rig scheduled to take 42 days to reach total depth of 2600m. The well
Next Investors Archived Sep 02, 2015
It’s time for Rey Resources (ASX:REY) to hit the spotlight, as this little oil explorer shares 25% of the next two wells.
Finfeed Archived Sep 01, 2015
West Texas Intermediate oil prices surged by over 8% overnight as the Organisation of Petroleum Exporting Countries (OPEC) signalled that it could come to the table on cutting back production. OPEC released its “monthly bulletin” overnight, sending traders scrambling to hit the buy button as it said that it would now talk about cutting back
Drilling at Rey Resources’ (ASX:REY) Victory-1 well in EP457 could be as little as a week away, and is being drilled just after the on-trend Praslin-1 well which has just hit a 23m oil column. Canning Basin darling Buru has just completed drilling the Praslin-1 well nearby in joint venture with Mitsubishi, the last well on the
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Catalyst Hunter Archived Aug 18, 2015
Dual listed oil and gas company Oilex (AIM | ASX: OEX) is set to drill two unconventional gas production wells in the next quarter, providing a clear path way to positive cash flow generation: a truly transformational event that OEX can build upon for future success.
Finfeed Archived Aug 11, 2015
Red Sky Energy (ASX:ROG) completes its $1.5M acquisition of the Cache oilfield and preparing production of 250 – 500 BOPD commencing in November 2015.
Finfeed Archived Jul 28, 2015
Otto Energy Ltd (ASX:OEL) has given formal notice to deepwater driller Maersk to spud its Hawkeye-1 well offshore the Philippines, targeting 112MMbbl.
Next Investors Archived Jul 28, 2015
On Friday, July 31st – that’s 3 days from now – the advanced deepwater drill ship Maersk Venturer will set sail for Otto Energy’s (ASX:OEL) SC55 Block offshore the Philippines – and one to two days after it arrives, it will spud the Hawkeye-1 well.
Finfeed Archived Jul 27, 2015
The Philippines government has approved Red Emperor Resources’ (AIM | ASX: RMP) 15% stake in Block SC55, with offshore oil drilling imminent.
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