OIL

MEC Resources ‘peps’ up

Finfeed Archived May 17, 2016

MEC Resources advised the market recently that it had identified a revised drill target on the Baleen Prospect on seismic line B4-18 with a total depth of 2150 metres.

Cracking the NSW conundrum

Finfeed Archived May 13, 2016

With gas exploration all but locked out onshore NSW — one company is hoping to bypass the imbroglio by finding gas offshore.

AKK Takes the Field: Oil Drilling Underway with Results Due in Weeks

Next Investors Archived May 09, 2016

If Austin Exploration (ASX:AKK) was a person, its nickname would be ‘The Survivor’ for its ability to weather downturns, uncertain market conditions, setbacks and failed spuds. Its CEO is famous for rolling up his sleeves and getting stuck in when required.

Can this ASX Micro Cap Reshape NSW Gas Supply with Looming Offshore Exploration Campaign?

Next Investors Archived May 02, 2016

Sydney may not be immediately aware, but the price of gas is about to start its upward journey. The rise is occurring because LNG plants in Queensland are sucking up all the gas and selling it to Asia.

Profiting at $30 oil – it’s possible with the right plan

Finfeed Archived Apr 22, 2016

You can still turn a dollar in the oil game – but you’ve got to have the right business plan in the right place at the right time.

The anatomy of an investment decision – IN DEPTH

Finfeed Archived Apr 08, 2016

Last month Woodside Petroleum made the decision to shelve the multi-billion dollar Browse project, a project which seemed doomed the minute the oil price started slipping – but from day one it was troubled.

Is AOW the Best Kept Secret on the ASX?

Next Investors Archived Apr 07, 2016

By this stage, you might well have heard about the little oil company that could – US-based American Patriot Oil & Gas (ASX:AOW). We last featured this play in Bidding War Begins for ASX Oil Explorer.

Cornerstone Investors Back PGY at a 100% Premium

Next Investors Archived Apr 05, 2016

Oil may be temporarily downbeat, with some junior oil & gas explorers struggling to attract investor attention, however there are a small number of quality companies out there who are astutely gearing up for the inevitable market rebound.

Crude oil inventories peaking as 550 million barrels go walkabout

Finfeed Archived Mar 10, 2016

Oil inventories are growing, with prices volatile and highly unpredictable given the topsy-turvy mix of economic and geo-political factors facing oil producing nations.