Articles On Norwest Energy (ASX:NWE)

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Talon Energy’s partner Strike Energy has kicked off the much-anticipated drilling at their highly prospective Walyering-5 appraisal well in the Perth Basin, which if successful has the potential to significantly re-rate Talon’s Condor Struc...

Norwest Energy (NWE) opens the trading day green after increasing the potential resource area of its Lockyer Deep/North Erregulla Deep structure in WA’s Permian Basin The company says after revising its interpretation of available seismic...

Oil and gas explorer Norwest Energy (NWE) suspends Lockyer Deep-1 well with the drill rig being released from the site The energy stock recently hit an issue when production casing was being run from surface to total depth, which then led...

Wall Street at record highs ahead of Fed meeting US stocks rose steadily and finished at fresh record highs once again overnight. All three stock benchmarks rose and closed at their all-time highs – the Dow Jones was up by 0.26%, S&P 50...

It’s no secret there’s plenty of exploration activity going on in Western Australia’s oil and gas rich Perth Basin, but what is starting to become more apparent is just how competitive the resources from this region could be.  Last week Str...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Norwest Energy (NWE) successfully removes cement from a production casing within the Lockyer Deep-1 gas discovery well in the Perth Basin The company faced some issues last month which led to cement not being displaced into the annulus and...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

The Mineral Resources Limited (ASX: MIN) share price is falling today despite good news from its 80%-owned gas discovery. The Lockyer Deep-1 Gas Discovery is expected to contain more gas than pre-drilling activities found previously. The r...

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Perth-based bigwig Mineral Resource appears to have found itself an interesting catch, this time in its new-ish energy unit and in a project it shares with ASX-listed Norwest Energy.

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

Politically incorrect as it might be to invest in oil and gas there is a yawning value gap opening between share prices and a record international price for natural gas, with a bonus in the form of a takeover rush for producers and explorer...

Talon Energy (ASX:TPD) has enjoyed an excellent 2021 to date, and we anticipate that the measured nature of the uptrend sets the table for it to continue gaining over time. Given that this name trades in tenths of a cent to date, the chart...

Highlights  ASX 200 ended the trading session on 10 September 2021 in the green zone. Amani Gold, Norwest and Adherium were the top three stocks that traded heavily on ASX. On Friday, 10 September 2021, ASX 200 ended the day’s trad...

The northern Perth Basin is back in the limelight as the next great source of gas for Western Australia after Mineral Resources (ASX:MIN) and Norwest Energy (ASX:NWE) declared their Lockyer Deep 1 exploration well to be a significant gas di...

Wall Street drifts lower on economic concerns All three major US stock market indexes slipped for the second consecutive day overnight, as investors weigh recent economics data and risk factors. The Dow Jones fell by 0.20%, the S&P 500...

Good blokes that lot over at BHP (ASX:BHP), who say they have kindly pumped $34.1 billion into the Australian economy this year. Of course $12.4 billion  of that came in the form of taxes and royalties they have to pay as a function of thei...

It was a busy day for small cap investors in resources and energy, as a number of junior explorers ripped higher following big announcements. Those gains stood out amid another mediocre session for the broader index, as the ASX continues to...

Interest in the northern Perth Basin has been burning merrily along thanks to Waitsia and West Erregulla discoveries, but Mineral Resources’ (ASX:MIN) confirmation that its Lockyer Deep-1 exploration well has made a significant gas discover...

The Chris Ellison-led company says it has made a significant conventional gas discovery in the Perth Basin at an exploration well near Dongara.

The Mineral Resources Ltd (ASX: MIN) share price is edging higher in morning trade, up 1% to $52.03 per share. Below we look at the ASX 200 mining services provider’s latest gas project update. What update did Mineral Resources announce? M...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

After falling as much as 0.5% in the morning trade the ASX ultimately closed higher than yesterday. The ASX 200 closed at 7,530 points – 0.02% higher than yesterday – while the ASX Emerging Companies Index closed 0.55% higher at 2,474. Reso...

The ASX 200 rose 0.07%, closing at 7,529 points while the ASX Emerging Companies Index climbed 1.21% to close at 2,461. Energy lost 1.68% and resources lost 1.09% but most other sectors gained with the best being tech which rose 1.15%.   TO...

It was a positive start to the week for the Australian bourse. The ASX 200 rose 0.22% to 7,505 while the ASX Emerging Companies Index gained nearly 2% and closed at 2,331 – a two week high following a 6% drop in the week before last. The ga...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. This extended Australian lockdown, affecting ~60% of the population, certainly is a bruising time for the industries hardest hit.  As an example, health club operator ...

The ASX 200 closed at 7,488 points which was 0.04% down from yesterday but up 0.37% from last Friday. The ASX Emerging Companies Index lost 0.57% to close at 2,285 points. The best sector was industrials which gained 1.07%. Tech and consume...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The revelation that Santos (ASX:STO) made a non-binding offer for Oil Search (ASX:OSH) has been the talk of the town, especially since it appears to make a lot of sense. After all, the combination of the two companies would result in the cr...

The Mineral Resources Limited (ASX: MIN) share price continues to shine this year, posting a 39% return over the previous 3 months. At the time of writing, Mineral Resources shares are exchanging hands at $59.99, a 1.66% dip into the red...

The biggest news out of big caps today came out of Wesfarmers (ASX:WES), which put a $680 million takeover offer on the table for Australian Pharmaceutical Industries (ASX:API) for $1.38 a share. According to Wesfarmers, the rationale behin...

The Mineral Resources Limited (ASX: MIN) share price has spent all but 5 of the last 30 days steadily gaining. Right now, it’s 17.24% higher than it was this time last month. On June 9, the Mineral Resources share price was $48.42. Current...

A cold winter, an outage at the Langford gas plant and high international gas prices have conspired to send Victorian spot gas prices up to $20 per gigajoule, the highest price since 27 June 2016. It’s not any easier for the rest of Austral...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It was a rollercoaster ride on the ASX today with the Australian bourse rising up to 0.4% in the first hour before declining over the rest of the day. By 4.10pm the ASX 200 had dropped by 0.73% to close at 7,262 points while the ASX Emergin...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

• FMG announce progress on green hydrogen and ammonia initiatives • Carnarvon Petroleum states net zero 2050 ambition • More ASX-listed companies raise ESG banner • Monash launches hydrogen cost assessment tool   FMG makes progress on green...

The Mineral Resources Limited (ASX: MIN) share price is gaining in morning trade, up 1.33%. Below we take a look at the mining services provider’s latest drilling exploration update. What did Mineral Resources announce? Mineral Resources’...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Australian shares had a positive start to the week despite closing well off intraday highs. After gaining as much as 0.44% the ASX 200 closed just 0.09% higher at 7,315 points. The ASX Emerging Companies Index meanwhile lost 0.33%, closing...

Eyes are going to be on Strike Energy (ASX:STX) over the coming weeks as it prepares to test the ability of its West Erregulla-5 well in the Perth Basin to produce gas. The timing couldn’t be better given the growing interest in securing ga...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Oil and gas company Triangle Energy (ASX: TEG) is pursuing ways to integrate its assets in tomorrow’s world with a strategy aimed at unlocking more oil reserves and gradually leveraging its existing infrastructure to include renewables. Las...