Articles On Sacgasco (ASX:SGC)

Sacgasco (SGC) raises $2.91 million via a share placement to buy well equipment for two wells planned to be drilled this year at its Nandino petroleum prospect in the Philippines The placement sees the issue of 116.7 million new Sacgasco s...

Highlights The benchmark ASX 200 was trading 0.16% up at 7,489.9 in the first 10 minutes of trading. The US 10-year Treasury yield surged to the highest level in three years, above 2.7% on Friday. The Dow Jones rose, while the S&P...

Highlights Sacgasco is advancing on the three-well oil development program at its Canadian asset. The drilling of the first well is running ahead of schedule and has already intersected the target sandstone reservoir with expected oil...

The S&P/ASX Emerging Companies (XEC) Index is racking about 0.3% higher on Tuesday, while the benchmark ASX 200 (XJO) rose 0.7%, buoyed by a resurgent tech sector and a strong performance from consumer discretionary companies ahead of t...

The Tempest, a tale of love, revenge and family set at sea, is thought to be the last play that William Shakespeare wrote alone. One area it doesn’t touch on in detail is staggering riches; a theme now more relevant to shareholders in Tempe...

Oil prices have been soaring on concerns that the Russia-Ukraine conflict could further reduce already stretched crude supplies, though some commentators have already written off the 3-4 million barrels per day that Russia typically sells i...

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...

Sacgasco (SGC) farms out half of its interest in the Nandino oil prospect in the Philippines to joint venture (JV) partner Blue Sky International Blue Sky will earn an extra 36.25 interest in the prospect by funding Sacgasco’s 72.5 per cen...

Like my brave suburb near the airport, the ASX 200 is sinking on Tuesday. Only, the XJO is down around half a per cent, while we haven’t been this wet since 1820. It’s all about perspective. At 3.15pm (Sydenham time) the ASX Emerging Compan...

Highlights The ASX 200 was trading 0.24% up to 7,044.2 in the first 15 minutes of trading. Wall Street's main indices fell sharply on Monday, weighed down by severe selling in megacap growth companies. The healthcare sector was the to...

Sacgasco’s (SGC) subsidiary Nido Petroleum Philippines has entered a farm-in agreement with the Service Contract 6B (SC 6B) Joint Venture Nido will fund an Extended Well Test and become the operator of the Cadlao Oil Field development thro...

Stockhead’s Top 10 at 10, published at 10.30am 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 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...

The ASX started the week lower as a result of a drop in the energy and financial sectors. Energy shares fell by over 3%, as surging cases of the Omicron variant raised fears that new restrictions may hit fuel demand. Financials meanwhile we...

Sacgasco (SGC) appoints its wholly owned subsidiary, Nido Petroleum Phillipines, as technical operator for its SC 6B and Cadlao redevelopment projects Previous SC 6B operator Manta Oil Company has waived its right to exclusivity surroundin...

Resources stocks Quantum Graphite (ASX:QGL) and Altura Mining (ASX:AJM) were reinstated after being suspended for several months and had contrasting fates. Quantum Graphite, which has the ‘Uley’ graphite prokect in South Australia, more tha...

The so-called ‘Santa Claus Rally’ appears to be happening again this year with the ASX notching another positive day. The ASX 200 closed at 7,379 points which was 0.35% higher than Friday, following on from a 1.6% gain last week and positiv...

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

Sacgasco (SGC) acquires a further 12.5 per cent interest in Service Contract 54A (SC54A) from oil and gas company TG World The energy stock now owns an 85 per cent operating interest in the Phillippines-based service contract and says it w...

Sacgasco (SGC) trades lower today despite announcing two contract extensions for exploration service contracts in the Philippines The company has secured the extension for Service Contract 58 (SC58) and Service Contract 54, Block A (SC54A)...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

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...

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...

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...

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$...

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Whisky manufacturer Lark Distilling Co (ASX:LRK) kept things warm during winter, leading a group of 25 stocks that posted a 14-day RSI above 70 last week. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relat...

RockTalks is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on min...

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...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

It wasn’t a happy start to the new financial year for Australia’s bourse, which lost nearly two thirds of one per cent today. Likewise, the ASX200, which rose 22% in FY21, closed down 0.65% to 7,266. Meanwhile, the ASX Emerging Companies In...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

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...

Sacgasco (ASX:SGC) Managing Director Gary Jeffery joins InvestorStream following strong gas flow testing which confirmed Borba 1-7 as a productive well.

Sacgasco (ASX:SGC) and Xstate (ASX:XST) shares gained in early trade thanks to solid gas flow test results at their Borba well in California. Many microcap oil and gas stocks have gained from the sharp recovery in oil and gas prices as well...

Results from flow testing of conventional Kione sandstones at the Sacgasco (ASX: SGC) operated Borba 1-7 well in onshore California has confirmed it could could help satisfy the state’s growing appetite for natural gas. The test work, which...

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...

Small caps have declined for the fourth time in the past five days — but still finished April with their strongest performance in six months. The Small Ordinaries index gained 4.83 per cent in April despite declining 0.96 per cent this week...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

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...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Singapore-based Asian American Medical Group (ASX:AAJ) was among the small cap names that ran red hot this week. Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trad...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The ASX picked up where it left off before the Easter break with another day of gains. The ASX 200 rose 0.84 per cent to 6,886 points and the ASX Emerging Companies Index rose 1.17 per cent, closing at 2,036 points. Utilities and energy wer...

This morning has been a volatile one for the small cap oil and gas sector on the ASX with three stocks falling by over 60 per cent and four others making the top 10 in early trade.   88 Energy plunges One of the ASX’s losers in oil was 88 E...

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...

ASX stocks have closed for the Easter weekend on a high today in a result driven be tech and resources. The ASX 200 finished at 6,829 points, which was 0.56 per cent higher than yesterday. Small caps did even better with the ASX Emerging Co...

Risk on sentiment has returned to the ASX. The ASX finished 0.78 per cent higher at 6,791 points although it peaked at 6,861 earlier today, which was nearly 2 per cent higher than the day before. The ASX Emerging Companies Index however los...