Proactiveinvestors Australia - Oil & Gas RSS feed Proactiveinvestors Australia - Oil & Gas feed en Sun, 21 Jan 2018 17:04:28 +1100 Genera CMS Tlou Energy updates on Botswana CBM drill progress Tue, 19 Dec 2017 19:12:00 +1100 Tlou Energy completes 2D seismic programme for Botswana coal bed methane project Tue, 28 Nov 2017 18:37:00 +1100 Tlou Energy secures new cornerstone investor as it announces plans to list in Botswana Mon, 20 Nov 2017 21:22:00 +1100 Tlou Energy advancing operations towards project development at Lesedi Tue, 07 Nov 2017 18:43:00 +1100 Tlou Energy gives update for ongoing seismic in Botswana Tue, 24 Oct 2017 17:56:00 +1100 Tlou Energy shares trade positively after quarterly update Mon, 23 Oct 2017 23:18:00 +1100 Tlou Energy says proposal deadline for Botswana CBM project has been extended Thu, 24 Aug 2017 23:50:00 +1000 Tlou Energy shares advance as Lesedi coalbed methane project reaches major milestone Mon, 21 Aug 2017 20:23:00 +1000 Tlou Energy lands licence for Botswana coalbed methane project Mon, 21 Aug 2017 16:18:00 +1000 Tlou Energy seeing good progress in Botswana says broker Thu, 20 Jul 2017 08:00:00 +1000 Tlou Energy: Access latest PPT from Proactive's CEO Sessions Mon, 19 Jun 2017 08:00:00 +1000 Tlou Energy's Tony Gilby brings Southern African power pathway to Proactive's CEO Sessions Fri, 02 Jun 2017 08:00:00 +1000 Tlou Energy attracts sophisticated and professional investors Fri, 24 Mar 2017 10:00:00 +1100 Tlou Energy Ltd to reveal capital raising Tlou Energy Ltd (ASX:TOU) has been granted a trading halt by the ASX, pending details of a placement to sophisticated and professional investors.

The halt will remain in place until the opening of trade on Wednesday 31st August 2016, or earlier if an announcement is made to the market.


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Mon, 29 Aug 2016 16:30:00 +1000
Amazing Energy continues development in Pecos County, Texas Fri, 26 Aug 2016 03:04:00 +1000 Tlou renews GE agreement Tue, 23 Aug 2016 17:23:00 +1000 Solo Oil PLC has new finance director after board changes Wed, 10 Aug 2016 16:49:00 +1000 Solo Oil’s assets have advanced, but more is still to come Thu, 04 Aug 2016 21:29:00 +1000 Upland Resources hopes local production will support international exploration effort Thu, 28 Jul 2016 20:36:00 +1000 Range Energy receives loan so it can fulfil Kurdistan obligations Thu, 28 Jul 2016 00:14:00 +1000 Green Dragon sales boosted by infrastructure investment Tue, 26 Jul 2016 16:50:00 +1000 Cloudbuy shares float higher as it looks to second half revenues Fri, 22 Jul 2016 17:12:00 +1000 cloudBuy contracted by University of Exeter for new procurement system Thu, 21 Jul 2016 16:59:00 +1000 Gatwick Gusher: Horse Hill’s Portland oil zone upgraded Tue, 19 Jul 2016 16:35:00 +1000 Botswanan government upgrades Tlou’s CBM power project Tue, 05 Jul 2016 20:37:00 +1000 Cloudbuy vows to learn lessons after tough year Tue, 28 Jun 2016 17:28:00 +1000 Solo Oil and Aminex confirm extension in Tanzania Mon, 27 Jun 2016 18:16:00 +1000 Simba Energy Inc confirms C$2.15mln funding Thu, 16 Jun 2016 20:14:00 +1000 Solo Oil says optimal gas production expected soon Mon, 06 Jun 2016 21:03:00 +1000 Simba updates on Kenya, Guinea, shareholders vote in Gupta as CEO Thu, 02 Jun 2016 05:33:00 +1000 Tlou Energy keen to expand ownership of the company in Botswana Tony Gilby, managing director of  Tlou Energy Ltd (LON:TLOU, ASX:TOU), discusses with Proactive's Andrew Scott their decision to list on the Botswana Stock Exchange as well as their new cornerstone investor - asset manager African Alliance Botswana.

Funds managed by African Alliance have agreed to subscribe for roughly 21.2mln new Tlou shares at about 11p or 20 Australian cents a share

Wed, 22 Nov 2017 21:36:00 +1100
Tlou Energy very encouraged by early data from Botswana seismic programme Tony Gilby, managing director of Tlou Energy Limited (LON:TLOU), updates Proactive on their ongoing seismic programme in Botswana, which is now about 40% complete.

The 2D seismic programme, spanning the Lesedi and Mamba coal bed methane areas, kicked off on October 8.

Wed, 25 Oct 2017 20:41:00 +1100
Solo Oil boss Neil Ritson says new drilling can turn Ntorya into a ‘big project’ Solo Oil PLC (LON:SOLO) boss Neil Ritson is excited about what he describes as a long awaiting drill programme in Tanzania, which kicks off with the imminent spudding of the Ntorya-2 appraisal well.

He highlights that much has changed on the surface since the original Ntorya well discovered gas - most notably there’s a new gas pipeline and infrastructure, and with partner Aminex the company has delivered another project into revenue generating production.

“Now is the time to get after the appraisal of the discovery we made in 2012,” he said.

Ritson the first well flowed gas and condensate at respectable rates, but expectations are high for Ntorya-2.

“We’re trying to turn this from a commercial project into a ‘big project’.

“It has already got enough gas from the first well to go into the pipeline system and make us some money, but, we think there’s a lot more to come here.”

Thu, 08 Dec 2016 18:00:00 +1100
Green Dragon Gas Ltd 'confident of string of successes' 2016 was an auspicious year for China-focused coal bed methane producer Green Dragon Gas Ltd (LON:GDG).

Founder, chairman and chief executive officer Randeep Grewal talks Proactive Investors through the highlights of a year in which the company has started to reap the rewards of its hard work.

With the company’s maiden profit under its belt in 2015, Grewal said: “What we’re truly focused on is completing what we have started, so this is our year to … start monetising the returns that we’ve been working so hard to do over the last 20 years.”

Green Dragon had eight exploration blocks and two in production, and one of the targets at the start of the year was to move a third block from exploration into development, and this was achieved last month with the Guizhou block.

Asked whether the company is being affected by the rocky ride for commodities this year, Grewal replied: “The beautiful thing about working in China is, we’re not.”

The decline in the value of the Chinese currency in dollar terms has had a bit of an effect, “but when it comes to commodity prices, certainly we’ve seen a bit of a down-take in terms of energy prices in China, but the government’s been … very creative and constructive. They’ve doubled our subsidy and essentially offset that change in pricing.”

“Again, the benefit of working in China is that it provides us with stability, and we really enjoy that,” Grewal said.

Green Dragon has applied for approval of the Chinese Reserve Report for Guizhou from the Ministry of Land Resources, which is a precursor to approval of the overall development plan (ODP) and expected to come through in 2017.

“Our doors are wide open to invite a partner in, because we do see that as a farm-out block,” Grewal disclosed.

A “solid partner” who is interested in domestic gas production in China is the company’s preferred funding option for development of the block.

Grewal also talked about GSS 008, which has been in production since 2008, describing it as “the gift that keeps on giving”.

“I think it is a great example of the potential of the LiFaBric technology,” Grewal asserted. LiFaBric is the technology the company developed for tapping into unconventional gas sources in China.

“We’ve truly mastered producing gas, without a drop of chemical, without frakking, in highly faulted coals. GSS is the first of many LiFaBric wells.

“It is the beginning of a string of successes,” the Green Dragon founder promised.

Fri, 28 Oct 2016 21:46:00 +1100