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Next Investors Archived Dec 17, 2014
Four, potentially 5 stacked targets. Over 3 billion barrels of oil (best case, gross prospective, unrisked). One well, and just a few weeks now til spudding.
Finfeed Archived Dec 10, 2014
Austin Exploration’s (ASX: AKK) fifth well in the prolific Texas Eagle Ford has pumped out 19,600BOE in its first thirty days of operation – right as the company achieves positive cash flow and secures new funding. AKK is developing its Texas Birch Eagle Ford project in the middle of a proven hydrocarbon basin and has
Next Investors Archived Dec 08, 2014
Tangiers Petroleum Limited (ASX:TPT, AIM:TPET) has hit the reset button and secured a new oil play in the heart America’s most prolific oil producing region – Alaska’s North Slope.
Next Investors Archived Dec 03, 2014
AKK is now cash flow positive on a monthly basis – earning revenue from oil and gas wells pumping out product across the USA – from Texas to Kentucky to Mississippi to Colorado – AKK’s multiple, simultaneous project development strategy is now starting to pay off.
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Finfeed Archived Oct 21, 2014
Antilles Oil and Gas (ASX: AVD) has linked up with the US$250M market cap Norwegian marine geophysics company Polarcus (OTCMKTS:PLCS) to jointly search and bid for acreage in the Caribbean. Capped at $6.5M, AVD is chasing large scale, deep-water oil resources. It’s now focused on securing high potential acreage, with the aim of attracting a
Next Investors Archived Oct 10, 2014
Swala Energy (ASX:SWE) has just selected a drilling target for their Kenyan Block 12B, to be drilled in 2015. SWE’s JV partner, oil major Tullow, have determined a mean recoverable gross oil volume of 44 mmbbls for this prospect, the Ahero “A” prospect.
Next Investors Archived Oct 02, 2014
Real Energy’s (ASX:RLE) maiden exploration well in Queensland’s Cooper Basin has just hit a major gas zone – recording strong readings in both of the basin centred gas formations it’s targeting.
Next Investors Archived Sep 08, 2014
Lately we’ve noticed an interesting trend in transactional activity in Africa. Energy giant Woodside Petroleum has been taking up acreage positions around Africa which closely corresponds to Australian junior Pura Vida Energy (ASX: PVD).
Next Investors Archived Aug 18, 2014
It’s like a scene out of a movie. The oil drilling crew watches the drill bit sink lower and lower into the earth, carefully fostering its progress, making sure it doesn’t snap or bend or snag.
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