Articles On Norwest Energy (ASX:NWE)

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ASX 200 lithium shares lead the market higher on Friday

The S&P/ASX 200 Index (ASX: XJO) appears set to end the first week of 2023 in the green, with ASX lithium shares helping it get there. Stocks in the battery-making material are outperforming all others on the index today while their ho...

Motley Fool NWE 1 year ago
Miners battle over gas assets

Gina Rinehart’s Hancock Prospecting has increased its takeover bid for Warrego Energy after Mineral Resources (MinRes) entered the fray for the Perth Basin gas player. The activity surrounding Warrego is evidence of mining companies vying...

Australian Mining NWE 1 year ago
Warrego Energy share price rockets 9% as Rinehart doubles down on takeover

The Warrego Energy Ltd (ASX: WGO) share price is roaring higher on Thursday after Hancock Energy – owned by mining magnate and Australia’s richest person Gina Rinehart – upped its takeover bid for the ASX company. Rinehart has today...

Motley Fool NWE 1 year ago
Hancock Energy ups offer as bidding war heats up for Warrego (ASX:WGO)

Warrego Energy (WGO) receives a share offer from Hancock Energy, upped by 8 cents to surpass Strike Energy’s (STX) previous scrip bid Hancock lodged a sixth supplementary bidders statement in its quest for Warrego, offering 36 cents per...

themarketherald.com.au NWE 1 year ago
Chris Ellison’s Mineral Resources wades into Warrego Energy takeover battle

The mining and services group is already bidding more than $400 million for another Perth Basin player, Norwest Energy.

The West NWE 1 year ago
MinRes’ takeover offer for gas play Norwest is now open. Will shareholders bite?

Shareholders in Norwest Energy (ASX:NWE) have woken up to the first full day of an opportunity to convert their shareholdings in the company into penny packets of shares in one of Australia’s major resources companies. Of course when said c...

Stockhead NWE 1 year ago
CLOSING BELL: Legless Aussie markets set fresh record for running out of steam

2023 off to a bit of a dismal start, down 1.3% on the opening day of trade GreenX soaring after rumblings from Poland over $1.3 billion payday Chinese markets gain before the rest of the trading world gets back from holidays   For about 1...

Stockhead NWE 1 year ago
2 ASX dividend shares that could see big payout increases next year

Dividend income is always welcome, but over time inflation can chip away at the purchasing power it generates for you. This is why it can be very important to invest in ASX dividend shares that also increase their payouts over time. And wh...

Motley Fool NWE 1 year ago
Mineral Resources is a ‘formidable player in the lithium market’: Broker tips major share price gains

The Mineral Resources Ltd (ASX: MIN) share price has been a very strong performer in 2022. Since the start of the year, the mining and mining services company’s shares have risen an impressive 38%, as you can see below. This compares ve...

Motley Fool NWE 1 year ago
Norwest hints it wants more from Mineral Resources, as Hancock Prospecting hits out at rival Warrego bid

Takeover target Norwest Energy has all but confirmed it will hold out for more from Chris Ellison’s Mineral Resources, as Gina Rinehart’s Hancock Resources takes a shot at its rival for Warrego Energy.

The West NWE 1 year ago
Market Highlights: Positive markets are bad markets, and 5 ASX small caps to watch on Tuesday

It’s looking like another sombre day for the ASX with SPI Futures down 27 points ahead of the open after US stocks fell for their fourth consecutive day. The Dow closed 0.49% down, the Nasdaq down 0.76% and the S&P 500 fell 0.9%. Things...

Stockhead NWE 1 year ago
Mineral Resources prepares Norwest Energy takeover bid, APM Human Services acquires Everyday Independence and Westpac settles class action

This content is created by Smallcaps Authors. [Author : Louis Allen] Mining giant Mineral Resources (ASX: MIN) has revealed plans to make an off-market bid for the remaining stake in oil explorer Norwest Energy (ASX: NWE), adding to its e...

SmallCaps NWE 1 year ago
Closing Bell: Energy price caps and investors get used to market whiplash

Both the ASX 200 and small cap index were in the red again today 9 out 11 sectors finished lower led by utilities, with Energy and Industrials gaining Albanese reckons the Labor Government has got the energy mix right    The ASX 200 was...

Stockhead NWE 1 year ago
ASX Large Caps: Shares tumble, T.Rowe Price predicts an earnings crisis for the ASX in 2023

Mining stocks bounced back, trimming losses on the ASX For the week, the ASX 200 was down 0.5% T.Rowe Price predicts an earnings recession in Australia next year   Energy and mining stocks bounced back today, trimming losses on the ASX. A...

Stockhead NWE 1 year ago
Mineral Resources (ASX:MIN) lobs $403m bid for Norwest Energy (ASX:NWE)

Mineral Resources (MIN) is launching an off-market takeover bid to fully acquire Norwest Energy (NWE) for $403 millionMinRes intends to offer one MIN share for every 1367 Norwest shares held for full control of Norwest, implying an offer pr...

themarketherald.com.au NWE 1 year ago
Ground Breakers: One year on Rio is not giving up on Jadar as it takes a broad focus on battery metals

Rio hasn’t given up on its Jadar lithium mine, almost one year after it was halted by the Serbian Government and community opposition Rio’s Simandou iron ore development could be approved in the first half of 2023, says Goldman Sachs A bun...

Stockhead NWE 1 year ago
ASX 0.66% lower at noon after a tumultuous week of trading

ShareCafeASX 0.66% lower at noon after a tumultuous week of trading by Peter Milios   All sectors, besides Energy and Materials are lower. The he S&P/ASX 200 is 0.66 per cent or 48 points lower at 7,157.00. This fall comes after last ni...

ShareCafe NWE 1 year ago
Stocks of the Hour: VRX, MIN, MEI

ShareCafeStocks of the Hour: VRX, MIN, MEI                    VRX Silica (ASX:VRX) Arrowsmith North and Muchea Silica Sand projects have been included in the Australian Critical Minerals Prospectus for 2022 published by Austrade. VRX...

ShareCafe NWE 1 year ago
Top 10 at 10: Which rare earths, lithium and energy stocks are feeling bullish today?

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead NWE 1 year ago
Why is the Norwest Energy share price rocketing 31% on Friday?

The Norwest Energy NL (ASX: NWE) share price is rocketing higher on Friday morning despite the market selloff. At the time of writing, the energy explorer’s shares are up 31% to a new high of 5.9 cents. This compares very favourably to a...

Motley Fool NWE 1 year ago
Mineral Resources share price lower despite Norwest Energy takeover offer

The Mineral Resources Ltd (ASX: MIN) share price is trading lower on Friday after market weakness offset a positive announcement. In morning trade, the miner and mining services company’s shares are down 3% to $79.29. Mineral Resources s...

Motley Fool NWE 1 year ago
Market Highlights: Wall Street’s selling spree, BoE and ECB’s 50bp gift, and 5 ASX small caps to watch on Friday

The ASX is poised to fall sharply on Friday following a plunge on Wall Street Nasdaq fell by more than 3% overnight The BoE and ECB hikes rates by 50bp   Local shares are set to fall sharply on Friday as US tech stocks plummeted overnight...

Stockhead NWE 1 year ago
Mineral Resources joins Perth Basin takeover rush with $403m play for Norwest Energy

Chris Ellison has joined the takeover blitz in the Perth Basin by bidding for his partner in a major gas discovery.

The West NWE 1 year ago
Follow the money — WA Billionaires in Perth Basin feeding frenzy

The spotlight on energy has intensified as governments around the world look to secure supply. Investors are buying into the theme, which has only strengthened as world economies grapple with global supply issues post Russia’s invasion o...

themarketherald.com.au NWE 1 year ago
Rinehart Moving and Shaking Up the Northwest

ShareCafeRinehart Moving and Shaking Up the Northwest Gina Rinehart’s private business has made two significant moves in rare earths in the Northern Territory and natural gas in the Perth Basin, near the WA capital. Monday saw Ms Rinehart’s...

ShareCafe NWE 1 year ago
IT and Materials lead the way: ASX finishes 1.54% higher

ShareCafeIT and Materials lead the way: ASX finishes 1.54% higher by Peter Milios   All sectors finished in the green to start the week, with some big results from Australian electric vehicle companies. The ASX companies that were amongst t...

ShareCafe NWE 2 years ago
Monday morning rally: ASX up 1.73% at lunch

ShareCafeMonday morning rally: ASX up 1.73% at lunch by Lauren Hayes   The Australian market is enjoying a solid start to the trading week after US equities snapped their two-day losing streak and posted solid gains on more strong corporate...

ShareCafe NWE 2 years ago
Norwest Energy (ASX:NWE) confirms “significant” new gas lead from WA seismic survey work

Norwest Energy (NWE) flags a “significant” new gas lead from its Ringneck 2D seismic survey work within the Lockyer Deep gas basin discovery in WAThe new data from the survey reveals a series of faulted structural highs, known as Lead E, ar...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) to snap up 20pc interest in Pilbara Clean Fuels

Norwest Energy (NWE) is set to earn a 20 per cent interest in private energy business Pilbara Clean Fuels (PCF) through a $300,000 dealNorwest will invest the money to fund a six-month work program for PCF’s planned Port Hedland electrified...

themarketherald.com.au NWE 2 years ago
BPH to SBR: How are these 13 ASX-listed penny stocks faring today?

Highlights Penny stocks generally trade under AU$1. These are seen to be riskier than regular equities due to low liquidity. Experts advise investors to be careful while dealing in penny stocks. Penny stocks represent...

Kalkine Media NWE 2 years ago
“Your Stock Request” – 25 August 2022

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Fairmont Equities NWE 2 years ago
Norwest Energy (ASX:NWE) progresses Lockyer Deep activities in Q4

Norwest Energy (NWE) spent the June quarter progressing activities within its Lockyer Deep joint venture (JV) gas project in WA’s Perth Basin Production testing and analysis were conducted at the Lockyer Deep-1 well which determined a maxi...

themarketherald.com.au NWE 2 years ago
ASX Small Cap June Winners: PayGroup pops 164pc on unicorn interest, resources players end on a high

Literally every sector had a red month, but mining was the worst PayGroup gets surprise $120m takeover offer from US unicorn Deel Tempest Minerals signed JV to explore near the Karara Magnetite Iron mine June was a month of global econom...

Stockhead NWE 2 years ago
Norwest Energy (ASX:NWE) confirms Lockyer Deep-1 potential

Perth Basin oil and gas company Norwest Energy (NWE) confirms the Lockyer Depp-1 gas discovery’s potential after positive analysis and well testing The discovery’s potential resource area has been increased from 92 square kilometres to 100...

themarketherald.com.au NWE 2 years ago
Closing Bell: Small caps show big heart with unlikely rise

Emerging Companies (XEC) index jumps more than 2% before trimming gains   Benchmark ASX200 down 0.15% Greentech Metals up over 120%, in trading halt   Inspired by strength in gold and metals Aussie small caps have bounced off the canvas...

Stockhead NWE 2 years ago
Missed the oil boom? Hitch a ride with these junior JV targets instead

Junior JV partners benefit from their partner’s experience and credibility Lower operating costs are another benefit Operating agreements allow JV partners to provide input Being the junior JV partner in an oil and gas project has its dra...

Stockhead NWE 2 years ago
Norwest Energy’s (ASX:NWE) SPP results exceed expectations

Norwest Energy NL (NWE) sees applications exceed its expectations for its $3 million share purchase plan to fund its Lockyer Deep gas project in WA The oil and gas company elected to accept all applications for the SPP, which raised aroun...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) to raise $18m for Lockyer Deep gas project exploration and appraisal work

Norwest Energy (NWE) set to raise $18 million mainly for further appraisal and exploration programs at its Lockyer Deep gas project onshore in Western Australia The company has received commitments for about $15 million of the capital rais...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) awaits capital raise

Norwest Energy (NWE) enters a trading halt due to an upcoming capital raise It is currently unknown how much the company is aiming to raise and where the funds will be spent Shares will be paused until Wednesday, April 6, or when further d...

themarketherald.com.au NWE 2 years ago
Closing Bell: New IPO Top End ends ASX debut on top, leading small caps to more Monday glory

ASX Emerging Companies (XEC) Index is about 1.25% higher ahead of the close on Monday Iron ore shakes $US160, Aussie rattles US75¢ Major movers today: Top End Energy (ASX:TEE), Golden Deeps (ASX:GED), Sayona Mining (ASX:SYA)   The ASX Eme...

Stockhead NWE 2 years ago
Norwest Energy (ASX:NWE) begins production testing at Lockyer Deep 1 well

Norwest Energy (NWE) begins production testing operations at its Lockyer Deep 1 conventional gas discovery well in the Perth Basin An extended test program was conducted by Operator Energy Resources (ERL) to determine well deliverability,...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) seismic survey aims to beef up structural picture at Lockyer Deep

Norwest Energy (NWE) says a Ringneck 2D seismic survey has been completed at the Lockyer Deep gas field in WA’s Perth Basin Joint venture partner and operator Energy Resources has acquired 148 line kilometres of seismic data, with the surv...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) Lockyer Deep-1 gas discovery well flows at 117 mmscfd

Norwest Energy (NWE) and Mineral Resources (MIN) subsidiary Energy Resources report a maximum gas flow rate of 117 million standard cubic feet per day (mmscfd) from their joint ventured Lockyer Deep-1 conventional gas discovery well in WA’...

themarketherald.com.au NWE 2 years ago
Here are the top 5 best performing O&G players so far for 2022

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Stockhead NWE 2 years ago
Norwest Energy (ASX:NWE) sees strong gas flows from Lockyer Deep-1 testing

Perth Basin oil and gas company Norwest Energy (NWE) reports an “exceptional reservoir response” at its Lockyer Deep-1 conventional gas discovery well in Western Australia The company says the well achieved strong, sustained gas flows and...

themarketherald.com.au NWE 2 years ago
“Your Stock Request” – 10 March 2022

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Fairmont Equities NWE 2 years ago
Norwest Energy (ASX:NWE) makes progress to production testing and seismic program

Norwest Energy (NWE) starts on-ground preparatory operations for its Ringneck 2D seismic program and prepares perforation and testing at the Lockyer Deep-1 well The Lockyer Deep-1 well is conditioned for perforation of the Kingia reservoir...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) gears up for seismic operations at Lockyer Deep-1 Well

Norwest Energy (NWE) is gearing up to begin seismic operations at its Lockyer Deep-1 Well in Western Australia The well operator, Energy Resources (ERA) is preparing to perforate the Lockyer Deep-1 well this week, which comes ahead of prod...

themarketherald.com.au NWE 2 years ago
Norwest Energy (ASX:NWE) spends December quarter at Lockyer Deep-1

Oil and gas explorer Norwest Energy (NWE) spent the December quarter focused on the Lockyer Deep-1 Gas Discovery On November 2, the company suspened production when production casing was being run from surface to total depth Prior to susp...

themarketherald.com.au NWE 2 years ago
Closing Bell: ASX microcaps get mauled (but junior explorers stay hot)

When markets get the jitters, smaller companies are often in the firing line and ASX microcaps have copped the brunt of the impact from last week’s global stock selloff. The composite microcap Emerging Companies index slumped by more than 3...

Stockhead NWE 2 years ago