Articles On Whitebark Energy (ASX:WBE)

Whitebark Energy (WBE) has completed the expansion to the Wizard Lake Oilfield The expanded facility will now be capable of handling 5,000 barrels of fluid a day, along with 5 million standard cubic feet per day Oil and gas have commenced...

The new facilities and pipelines have been completed and commissioned. Oil and gas have commenced flowing through the new facilities from Rex- 1 and 2 wells.

The recent spate of successful gas wells targeting the Kingia and High Cliff formations in the Perth Basin, Western Australia, has – as widely expected – kicked off a mini rush to dust off tenements in the region for a second look. Key Petr...

The $5.03 million was raised through a heavily subscribed placement of 503 million shares priced at 1.0 cent each.

Leveraging the sun’s energy to power mining operations in one of the world’s sunniest countries makes a lot of sense and Perth-based Zenith Energy (ASX:ZEN) has now brought its latest solar power system on line. The company’s unique battery...

The Wizard Lake project development in Canada has been fast-tracked thanks to a $3.8mln capital raising back in September

After two days of testing, the Rex-3 well’s average flow rate measured 1,278boe per day.

Marenica Energy (ASX:MEY) has powered up its uranium resources after acquiring a suite of tenements in the Northern Territory and Western Australia from Optimal Mining. The acquisition of the Angela, Thatcher Soak and Oobagooma projects as...

Energy stocks made modest gains this year with the S&P ASX200 Energy index rising 13.8 per cent over the past year to 11,546.1 points. It has been a mixed year for oil with the ongoing dispute between the US and China keeping oil prices...

While Investing in stock market, everyone comes up with a mindset of getting higher returns with limited amount of investment and in a shorter span of time. This leads them to look for cheaper stocks. However, this practice sometimes fails....

Traces of oil have already been recorded at surface and most encouragingly casing pressure started to increase after 13 hours.

Rex-3 is the third horizontal well to be drilled in the multi-well development of the Wizard Lake oilfield and was drilled from the same pad as Rex-1 and Rex-2.

Whitebark Energy (ASX: WBE) has completed fracture stimulation of the Rex-3 well in Canada’s Wizard Lake oil field, with flow back to begin imminently. The company’s Canadian subsidiary Salt Bush Energy completed the 46 stage frac program o...

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...

On completion of the Rex-3 well, Whitebark will earn a 50% working interest.

The horizontal component of the Rex-3 well measures 2,100 metres, 74% longer than Rex-1 and 40% longer than Rex-2.

The pumping program is expected to commence in five days and flow testing to commence in the week starting December 9.

Oil watchers could be treating their necks for whip lash after a wild oil price ride in November. The benchmark Brent crude price fell to a low of $US60.91 ($89.92) per barrel before rocketing up to a high of $US64.27 per barrel with a slig...

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...