OIL

Elixir observes gas and encounters coal; core-hole drilling underway

Finfeed Archived Nov 11, 2019

Elixir Energy Limited (ASX:EXR) provided an update on its 2019 drilling program at its 100% owned Nomgon IX coalbed methane (CBM) production sharing contract (PSC) on the Mongolia-China border.

IPB on track to attract investor groups

Finfeed Archived Nov 06, 2019

IPB’s share price has doubled in less than two months, and today the company’s chairman, Bruce McKay discussed the group’s focused program to optimise its key assets after some recent divestments.

Santos exercises Melbana Beehive acquisition option

Finfeed Archived Nov 05, 2019

Melbana Energy Limited (ASX: MAY) has been notified by Santos Limited (ASX:STO) that it exercises its option to acquire a 40% interest in the Permit, WA-488-P, the Permit containing the Beehive prospect.

Windorah upgrade and Surat Basin deal drive Real Energy higher

Finfeed Archived Oct 31, 2019

Real Energy Corporation Limited (ASX:RLE) has released its report for the quarter ended 30 September 2019, a period in which the company also continued to progress exploration and development activities at its flagship Windorah Gas Project in the Cooper Basin.

Real Energy JV preferred bidder for highly prospective gas acreage

Finfeed Archived Oct 30, 2019

Real Energy Corporation Limited (ASX: RLE), management has informed the market of the group’s appointment as a joint venture preferred bidder for the Queensland Government’s coal seam gas acreage in the highly prospective Walloon Fairway near Miles in Queensland.

Total and Santos Deadline Looms: Melbana Aims for Full Buy In

Next Investors Archived Oct 30, 2019

The deadline for petroleum heavyweights Total and Santos to decide whether to buy into Melbana Energy’s (ASX:MAY) WA-488-P permit offshore northwest Australia is just days away.

Elixir to spud first corehole in days

Finfeed Archived Oct 28, 2019

Elixir Energy Limited (ASX:EXR) has kicked off its fully funded multi-well drill program beginning with the spud of the BO-CH-1 chip-hole followed by the BO-CH-2 chip-hole.

Is a Farm-in for IPB’s Potential Multi-Million Barrell Oil Asset Just Around the Corner?

Next Investors Archived Oct 28, 2019

The very tightly held IPB Resources (ASX:IPB) is looking to secure debt financing or facilitate a farm-in with these Middle Eastern investors and, by all accounts, these talks are progressing well.

IPB catalysts on the horizon as it considers a range of options at Gwydion

Finfeed Archived Oct 24, 2019

With multiple share price catalysts on the horizon, a return to IPB Petroleum's (ASX:IPB) 12 month high, implying upside of about 100% can’t be discounted.