Articles On Whitebark Energy (ASX:WBE)

The expanded facilities are required for the upcoming production boost from the third well coming online Rex-3.

The Rex-3 well results provide strong support for additional development drilling in 2020 once the production facilities are operational.

It’s been a long wait for Tlou Energy (ASX:TOU) shareholders but the company says the final ingredients for its Botswana project are coming together. The company is developing a coal seam gas field to produce energy as the southern African...

The Rex-3 well follows the successful producing Rex-1 and Rex-2 wells and drilling operations are expected to be finished early next week.

Drilling of the Rex-3 well follows the successful producing Rex-1 and Rex-2 wells.

Fremont Petroleum (ASX:FPL) could have more oil and gas tucked away at its Pathfinder field in Colorado thanks to the successful wells it drilled earlier this year. Potential oil resources have increased by 12 per cent to 60.6 million barre...

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...

Whitebark Energy (ASX:WBE) could soon be enjoying the fruits of increased oil production from the Rex-1 well at its Wizard Lake project in Canada after completing workover operations to remove debris in the well. The company originally shut...

Production at the well will re-start once upgraded surface facilities at Wizard Lake are commissioned.

The Rex-3 well follows the successful producing Rex-1 and Rex-2 wells.

The upgrade work is expected to be finished by early December in time for production from the next well to be drilled Rex-3.

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 precision rig and crew will be returning to Rex-3 following their success with Rex-1 and 2.

The company has also acquired a key 4.7-kilometre pipeline securing access to a pipeline gathering system and gas plant.

The oil and gas developer is putting a recent capital raising to good use.

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 capital raising included a $3.8 million placement to institutional, sophisticated and professional investors.

After successfully drilling Rex-1 and 2, the company has elected to drill Rex-3 targeting the same cretaceous Rex sands encountered previously.

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...

What a difference a few weeks makes. AJ Lucas (ASX: AJL) has jumped 19 per cent after confirmation all was not lost at a Lancashire gas field operated with Caudrilla (which it owns nearly half of). 5 weeks ago shareholders learned its gas f...

Whitebark has also acquired an additional 640 acres at Wizard Lake, which now has the potential for at least 24 wells.

A placement has been well supported by institutional, sophisticated and professional investors and will be followed by an SPP.

On Stockhead today, why the ‘price is right’ to take vanadium to the next level, the ACT just became the first Aussie state or territory to legalise pot and we bring you Tim Boreham’s newest venture, the Health Kick podcast. But first:   Th...

On Stockhead today, the major oilies want to help Australia build a big hydrogen industry, the private eSports company that wants to disrupt the industry and Osteopore is on track to win the title of 2019’s best performing IPO. But first:  ...

The Perth-based company has production and exploration assets in Canada and Australia.

Red Sky Energy (ASX:ROG) has struck a farm out deal and operating agreement with Santos on its Cooper Basin oil and gas licences. Santos can earn an 80 per cent interest by sinking up to $9m into Red Sky’s Innamincka Dome projects. In addit...

Whitebark will be presenting at Proactive’s CEO Sessions next Monday in Sydney and Tuesday in Melbourne.

Whitebark is two from two when it comes to oil discoveries within Wizard Lake.

Whitebark Energy (ASX: WBE) will begin commercial production at its Rex-2 well after successful testing, with Rex-2 also outperforming the Rex-1 well. During testing, the final 24 hour flow rates averaged 700 barrels of oil equivalent per d...

Strike Energy (ASX:STX) and Warrego Energy (ASX:WGO) have now made gas discoveries in all three formations hosted within their jointly owned West Erregulla project in the Perth Basin. News emerged today that a new discovery was made in the...

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 recently drilled Rex-2 well test production period has been producing some impressive results.

Tanzania has been notorious for its treatment of mining companies since its 2017 legislative changes which included potential renegotiation of agreements and greater government stakes in mining projects. The government told coal miner Intra...

After the successful completion of Rex-2, Whitebark’s working interest in the Wizard Lake oil development in Canada will increase to 40% from 30%.

The flowback and testing stage is expected to begin at the Canadian project within the next 48 hours.

The successful drilling of Rex 2 and an update Reserve Report doubles Whitebarks share price.

Whitebark’s working interest in the Wizard Lake oil development will increase from 30% to 40% when Rex-2 is complete and to 50% after drilling and completing Rex-3.

Initial indications suggest some characteristics of the Rex-2 well are better than the successful Rex-1 discovery well.

On Stockhead today – the final wrap from Diggers and Dealers, the feds are finally on board with legal pot, and investors want ASIC to find some backbone. But first here’s what you need to know.   The day ahead If there’s one thing we can b...

Oil and gas company Whitebark Energy (ASX: WBE) has announced the completion of drilling at the Rex-2 appraisal well in the Wizard Lake oilfield in Alberta, Canada, with the well encountering “excellent” reservoir quality and higher porosit...

Initial indications suggest some characteristics of the Rex-2 well are better than the successful Rex-1 discovery well.

Initial indications suggest some characteristics of the Rex-2 well are better than the successful Rex-1 discovery well.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading. Today is the final day of...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading. Stocks highlighted in yel...

Rex-2 development well is the second horizontal well to be drilled in a multi-well development program at the Canadian project.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading. Stocks highlighted in yel...

The Wizard Lake development program commenced with the spudding of the Rex-1 well in November 2018.

The Queensland government has formally awarded Authority to Prospect to coal seam gas explorer Armour Energy’s (ASX: AJQ) joint venture with Australia Pacific LNG (APLNG). While APLNG, which is a joint venture of Sinopec, ConocoPhillips and...