Proactiveinvestors Australia - Oil & Gas Exploration & Production RSS feed Proactiveinvestors Australia - Oil & Gas Exploration & Production feed en Sun, 21 Jan 2018 15:22:25 +1100 Genera CMS Range Resources celebrates “one of the best” new wells Tue, 02 Jan 2018 18:57:00 +1100 Range Resources makes early payment for drilling services acquisition Thu, 28 Dec 2017 20:24:00 +1100 American Patriot Oil & Gas’ shares surge after doubling reserves to 2M barrels Thu, 02 Nov 2017 13:08:00 +1100 American Patriot Oil and Gas snaps up new asset Wed, 01 Nov 2017 13:25:00 +1100 Petrel Energy to boost cash for South American oil and gas hunt Fri, 22 Sep 2017 10:00:00 +1000 Triangle Energy confirms oil and gas at Xanadu; share prices rise Tue, 19 Sep 2017 08:31:00 +1000 Triangle Energy tweaks investor interest pending update from Bowen Basin Mon, 04 Sep 2017 14:45:00 +1000 Central Petroleum gains Macquarie Group as a substantial shareholder Wed, 23 Aug 2017 08:49:00 +1000 IOT Group has an acquisition on the table Fri, 18 Aug 2017 13:27:00 +1000 Central Petroleum bags A$27.2 million to drill, says no to fraccing Fri, 11 Aug 2017 09:14:00 +1000 LWP Technologies' shares halted Thu, 10 Aug 2017 10:51:00 +1000 Central Petroleum in discussions with institutions Thu, 10 Aug 2017 10:01:00 +1000 IOT Group launches pocket-sized flying camera in the U.S. Thu, 13 Jul 2017 14:00:00 +1000 Central Petroleum enters trading halt ahead of general meeting Thu, 29 Jun 2017 10:00:00 +1000 IOT Group to dial up some more cash Thu, 15 Jun 2017 12:30:00 +1000 Central Petroleum enters an ASX trading halt Wed, 07 Jun 2017 11:30:00 +1000 Range Resources advances deal to buy-out rig contractor Tue, 02 May 2017 16:31:00 +1000 Petrel Energy to lift funds ahead of drilling in Uruguay Mon, 01 May 2017 09:30:00 +1000 AssembleBay to reveal acquisition Mon, 10 Apr 2017 10:00:00 +1000 Freedom Oil and Gas eyes shale formation wells in Texas Fri, 07 Apr 2017 08:30:00 +1000 FAR Limited gets ready to raise Wed, 05 Apr 2017 10:30:00 +1000 Range Resources to buy-out its drill contractor Mon, 13 Mar 2017 18:24:00 +1100 Central Petroleum's shares placed in pre-open Thu, 09 Mar 2017 10:30:00 +1100 IOT Group shares rise on imminent launch of selfie drone in the U.S. Tue, 14 Feb 2017 10:30:00 +1100 IOT Group to reveal agreement in North America Fri, 10 Feb 2017 14:30:00 +1100 Range Resources to complete US$20mln loan note issue Wed, 08 Feb 2017 18:24:00 +1100 Brookside Energy to raise funds Mon, 23 Jan 2017 13:00:00 +1100 Octanex NL on track to commence oil production in Malaysia Mon, 16 Jan 2017 13:00:00 +1100 Octanex NL to update on forecast production Thu, 12 Jan 2017 14:00:00 +1100 Horizon Oil restarts production at the Maari oil field Thu, 12 Jan 2017 12:00:00 +1100 Hyperdynamics excited about its high risk/high reward programme Hyperdynamics Corporation (OTCMKTS:HYDN) is an independent exploration company exploring offshore the Republic of Guinea for new sources of oil and Gas and has a 100% share in an ultra-deep water two-well drilling programme.

President and chief executive Ray Leonard tells Proactive: ‘’We’re gearing up to spud the next well in April and we’re really excited about it.’’

‘’In terms of why Guinea right now really there are two things -  first of all northwest Africa was an area that was pretty much an exploration wasteland until 2007 when Tullow Oil made a huge discovery called the Jubilee Field which is about a billion barrels of oil and after that there was a tremendous amount of leasing of other companies and over time the results have pointed in our view to Guinea being the closest analogy in geology to offshore Ghana. The other plus is that this contract was negotiated in 2006 – the year before Jubilee. What you often get in the oil industry is that once someone makes a discovery, not only do the companies rush into the area but the host governments realise that this is something very attractive and the terms start getting more difficult – royalties increase, the profit split to the host nation increases and this is the only contract left that’s pre-Jubilee times so not only do you have excellent geology but you have excellent fiscal terms’’, Leonard adds.

Thu, 20 Oct 2016 19:34:00 +1100
Hillcrest Petroleum "sticking a flag" in Louisiana Don Currie, CEO of Hillcrest Petroleum (CVE:HRH, OTCQB:HLRTF), admits the Texas and Gulf of Mexico-focused oil producer has had to make some tough decisions in response to the tougher environment for energy companies, but it is not completely going into its shell.
Targeting producing assets deemed too small to bother with by the majors or “fire sale” assets from overstretched producers, Hillcrest recently signed a deal that could see it earn a 75% working interest in 6,200 acres located in a well-established hydrocarbon producing area of Louisiana. Currie said the acreage presents a chance to “plant a flag in the area”, establish a reputation as a competent operator, and grow from there.

Thu, 15 Sep 2016 00:43:00 +1000
LWP’s Siegfried Konig brings fracking technology to Proactive's Luncheons ASX:LWP) is targeting the multi-billion dollar proppants sector through the development of its next generation technology. ]]> Thu, 17 Sep 2015 09:00:00 +1000 "Dart Energy’s flagship CBM project in UK producing first gas and generating electricity" Dart Energy (ASX:DTE), tells Proactiveinvestors that Dart is now producing gas and generating electricity from its flagship coal bed methane (CBM) project in the UK. John talks about having a "unique global footprint" in shale and CBM projects and he said he expects the company to have multiple international projects coming into revenue during the next year ]]> Tue, 24 Jul 2012 20:07:00 +1000 Dart Energy CCO talks about a “fantastic opportunity” Dart Energy (ASX:DTE), tells Proactiveinvestors that there is a “fantastic opportunity in the unconventional gas business” and that the company has identified a number of projects that can be fast-tracked. Eytan also talks about the opportunities that Dart has around the world including its most advanced asset which is based in Scotland. ]]> Sat, 21 Apr 2012 01:53:00 +1000