OIL

Austin raises $1.65 million to advance Pathfinder project

Finfeed Archived Sep 26, 2016

Austin Exploration announced that it had raised $1.65 million to advance the development of its flagship oil and gas program at the Pathfinder project.

Austin Exploration’s Pathfinder Project economic in low oil price environment

Finfeed Archived Sep 19, 2016

Austin Exploration Limited (ASX:AKK) has announced project economics from its flagship Pathfinder property in Florence, Colorado.

USA Oil: High Impact Drilling to Begin in Days

Catalyst Hunter Archived Sep 16, 2016

With very few opportunities currently available to drill fresh onshore acreage in the US, there are, in turn, limited opportunities to find any significant catalysts in the US oil sector. Yet, Austin Exploration (ASX:AKK), an oil and gas company with a portfolio of US assets, has two imminent catalysts.

Investors eagerly await flow tests from Austin drilling program

Finfeed Archived Sep 14, 2016

There may be some positive news soon for Austin Exploration with a high impact deviated drilling program on the Columbus #1 well to commence in coming days.

Could EEG be Sitting on 2 Billion Barrels of Oil Equivalent?

Next Investors Archived Aug 25, 2016

Empire Energy Group (ASX:EEG) has beefed up the economic value of its reserves and tipped its prospective resources in the NT beyond the 2 billion barrel of oil equivalent mark on a P50 basis. It’s a positive step forward for this junior oiler with big ambitions in the Northern Territory and a steady patch in the US, particularly after it was all set to execute a big-name farm-out, until a sad twist of fate meant that the deal fell through.

Oil Flowing as Tiny AKK Plots Path to $400M Revenue

Next Investors Archived Aug 23, 2016

How do you find acreage which hasn’t been drilled before in the US? More to the point, how do you find undrilled ground that is right next door to a productive oil field? Furthermore, how do you do that as a micro-cap upstart from Australia? Well, it helps if you’re Austin Exploration (ASX:AKK).

AOW Strengthens JV: Looks to Acquire More Producing Assets

Next Investors Archived Aug 16, 2016

The first thing you should know about American Patriot (ASX:AOW) is that it recently knocked back its second takeover bid in the space of less than one year. One takeover bid in a time of chronic low oil prices is one thing, but attracting two suitors is a massive achievement and a validation of its business model.

When oils ain’t oils

Finfeed Archived Jul 13, 2016

One of the thoughts in oil investing is that you can invest in a stock which is highly leveraged to oil to capture the commodity’s trend. Is that true?

Why did the Steve Jobs of Shale Choose to Partner with this ASX Stock?

Next Investors Archived Jul 08, 2016

Hydrocarbon-savvy ASX investors take note. A $6m capped onshore oil and gas producer with over 2,000 active US wells producing around 600 Bbl/d and 6,100 Mcf/d, sporting a US$200MN Macquarie-sponsored credit facility is beginning to emerge.