Articles On Whitebark Energy (ASX:WBE)

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The company’s Wizard Lake Oilfield facilities in Canada have been upgraded to allow the processing of gas from the Rex-2 and Rex-3 wells.

The company’s Wizard Lake Oilfield facilities in Canada have been upgraded to allow the processing of gas from the Rex-2 and Rex-3 wells.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Thursday, July 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 798 stocks rose, 500 de...

All three wells are being pumped up 88.9mm tubing using insert rod pump designs with natural gas-powered hydraulic lifting units being utilised at surface.

A quick wrap of the ASX’s key winners and losers on Tuesday, July 21. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 1032 ASX stocks rose, 38...

A quick wrap of the ASX’s key winners and losers on Thursday, July 16. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 604 stocks rose, 684 de...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the oi...

It expects reserves at Wizard Lake Oilfield in Canada to be upgraded in 2020, with production hitting a peak of 1,800 boepd within 12 months of the first well.

The lease renewals take WBE’s average interest in the Wizard Lake Oilfield oil and gas rights to 85%.

A quick wrap of the key winners and losers on Tuesday, June 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 908 stocks went up, 474 went down, and 731...

Whitebark will use the funds to maintain and optimise production capacity at the existing Rex wells and to take advantage of asset acquisition opportunities.

Rex-3 has produced about 35,800 barrels of oil and 251,000 mcf of gas since production from the well commenced.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the key winners and losers on Monday, June 22. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow potentially made market-moving announcements during the day. Today 556 stocks rose, 793 declined a...

Rex-3 has produced about 35,800 barrels of oil and 251,000 mcf of gas since production from the well commenced.

Whitebark continues to be entitled to 100% of Rex-1, and 85% of Rex-2 and Rex-3 production until capex payout of the well costs.

The wells licensed by Point Loma Resources will be transferred to the company’s Canadian subsidiary.

Oil might be poised to make gains as the expiry of the West Texas Intermediate futures contract for June delivery passed without the feared drop into negative territory. The WTI spot price is currently trading at $US33.61 ($51) per barrel,...

Production in May has averaged 200 bopd oil and 1.6 mmcfd of gas while the company maintains a low operating cost of less than C$10 per barrel.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve keen keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

The company completed an expansion of processing facilities at Wizard Lake Oilfield in December 2019 which included the handling of 5,000 barrels of fluid with 5 mmcfd of gas.

Whitebark has a 30-day period to exercise a right of first refusal with respect to the working interest being sold by Point Loma.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Anyone looking at the oil price chart over the past three months might be forgiven for thinking that they are looking at the side profile of a cliff face. The benchmark Brent Crude has fallen from $US66.25 ($107.82) per barrel at the beginn...

Whitebark's wholly-owned subsidiary Salt Bush Energy Limited (SBE) has decided not to acquire the residual 40% of the Wizard Lake Oilfield.

The company produces oil from three wells at the Wizard Lake Oilfield in Canada which could host 20+ more wells.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The company produces oil from three wells at the Wizard Lake Oilfield in Canada which could host 20+ more wells.

There’s been many catalysts for low oil prices including the coronavirus and the trade war between Saudi Arabia and Russia. And the fallout from this has been an epic supply glut never before seen in history, which in turn has led to a mass...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Oil prices are trading well below $US40 ($61.92) per barrel thanks to the impact of the COVID-19 pandemic and the trade war between Saudi Arabia and Russia. How long these conditions will last is anyone’s guess, with Saudi Arabia preparing...

With oil prices dropping, the company has been proactive in lowering operating costs to remain sustainable and competitive.

The impact of the COVID-19 outbreak is poised to result in a fall in global oil consumption, the first time since 2009, with the bottom falling out of benchmark prices after Saudi Arabia and Russia failed to agree to production cuts. The In...

Planning has commenced for the next wells with the well licenses for Rex 4 and 5 being received.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The wells continued to produce through the extreme cold weather, albeit at reduced average rates of around 750boe/d (470bopd).

Whitebark Energy’s (WBE) new facilities and pipeline at Wizard Lake in Canada have now been fully operational for 16 days At the facilities, gas is separated from liquids before being transported via the pipeline for processing and sale Th...

Total field production at this stage (from two wells still in clean-up mode) is averaging about 550 bopd (barrels of oil per day) and 2.2 mmcfd (million cubic feet per day).

Despite all the hubbub surrounding renewable energy, the world is still driven by oil. And it shows, despite the uncertainty in today’s markets, oil prices have risen over the past 12 months with some significant dips and gains along the wa...

Whitebark Energy (WBE) has increased its interest in the Wizard Lake Oilfield to 60 per cent after completing stage 1 of the transaction Stage 1 saw the company purchase an additional 10 per cent in the project for $1.3 million taking its...

The company recently entered an agreement to increase its ownership to 100% in the Wizard Lake Oilfield.