Articles On Winchester Energy (ASX:WEL)

You ‘can’t give it away’ – US oil prices go negative The headlines paint a nasty picture for oil prices right now. The problem is that storage options are running out. As the world has stopped, the oil producers haven’t. They have made some...

US oil prices turned negative overnight, as oil due to be delivered in May was considered to be worthless. May futures contracts for West Texas Intermediate (WTI), the US benchmark price, hit -$US37.63 ($59.35) overnight. Oil to be delivere...

On Monday the US oil price dropped to its lowest point in 21 years, and at least one ASX-listed company is looking at shutting its American oil fields as a result of the ongoing low prices. Eon NRG (ASX:E2E) chief financial officer Simon Ad...

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...

Texas-focused oil and gas explorer Winchester Energy’s (ASX: WEL) White Hat 20#6 well has been fracture stimulated and is now producing oil. The well is located in Texas’ Permian Basin and effectively extends the company’s Mustang oil field...

Texas-focused oil and gas explorer Winchester Energy’s (ASX: WEL) White Hat 20#6 well has been fracture stimulated and is now producing oil. The well is located in Texas’ Permian Basin and effectively extends the company’s Mustang oil field...

Texan oil producer Winchester Energy (ASX: WEL) said it is well positioned to withstand the recent sharp drop in oil prices due to the spread of the COVID-19 virus. It is also poised to benefit from any market improvement, the company said...

Wireline logging of a newly-drilled well at Winchester Energy’s (ASX: WEL) Mustang oil field in Texas has demonstrated “good to excellent” oil and gas shows and some of the highest levels of porosity found in the reservoir to date. Drilling...

Winchester Energy (ASX: WEL) has scooped up a 92% interest in the Bast oil field in Texas’ east Permian Basin. The acreage is contiguous to Winchester’s existing McLeod Ranch oil field and hosts three historic modest producing wells that ha...

Texas-focused oil producer Winchester Energy (ASX: WEL) has revealed another strong period of growth for the December 2019 quarter, recording significant increases in revenue and oil production. The company today announced a 50% growth in n...

Winchester Energy’s (ASX: WEL) exploration success has continued into the new year, with its latest McLeod 17#3 well encountering 124 feet of potential pay and “excellent” oil and gas shows. Situated in Winchester’s Lightning oil field, the...

A new year brings a new raft of developments from Australia’s small cap oil and gas companies, which have operations not only locally but also in other parts of the world. It can be a little overwhelming given the sheer number of wells, tie...

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...

Winchester Energy Limited (ASX: WEL) announces that the fifth well drilled by the company- White Hat 39 # 2 at the Permian Basin Mustang Oil Field commenced drilling on 11 December 2019. The drill reached its total depth of 7,061 feet to t...

Winchester Energy’s (ASX: WEL) latest Mustang well White Hat 39#2 has achieved “excellent” oil and gas shows, with the well now reaching its total depth and wireline logs indicating 30 feet of gross pay in the Strawn Sand. The well has now...

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...

Winchester Energy Limited (ASX: WEL) advises that it moved up-hole in the Arledge 16#2 well and perforated an additional 25-foot section of Interval 3 (5,040 – 5,065 ft). Arledge 16#2 has been producing oil from Intervals 1 and 2 (5,075 –...

Onshore oil producer Winchester Energy (ASX: WEL) has perforated an additional oil zone above the current producing intervals of the Lower Cisco sands in its Lightning discovery well in Texas. At the end of November, the US-focused company...

US-focused oil producer Winchester Energy (ASX: WEL) is pushing on with its Permian Basin exploration plans following a recently announced $6.4 million capital raising, with two wells expected to spud in December. In an update to the market...

Winchester Energy (ASX: WEL) will raise $6.4 million to fast-track its exploration and production activity in Texas’ Permian Basin. The company has received firm commitments to from institutional and sophisticated investors for its placemen...

Winchester Energy Limited (ASX: WEL) has announced that it has recorded an all-time high oil production from its producing properties within its 17,266 acre lease position in the East Permian Basin, Texas. During October 2019, Winchester r...

Onshore oil producer Winchester Energy (ASX: WEL) has achieved record oil production figures from producing properties within its 17,266-acre lease position in the East Permian Basin of Texas. Following recent drilling success at the Mustan...

Texas-focused oil explorer Winchester Energy (ASX: WEL) has confirmed oil pay at its White Hat 20#4 well within its Mustang oil field, while reporting a massive boost in revenue for the September quarter. The White Hat 20#4 well has now rea...

Oil prices were on a roller coaster ride in September with the benchmark West Texas Intermediate (WTI) crude price surging to a high of US$62.90 per barrel in the middle of month after following drone attacks on Saudi Arabian oil processing...

Onshore oil producer Winchester Energy (ASX: WEL) is preparing to spud the next well in its Mustang oilfield development plan as testing operations wrap up at its other Permian Basin wells. The Texas-focused company is currently gearing up...

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...

Winchester Energy (ASX: WEL) managing director Neville Henry and non-executive chairman Laurence Roe meet with Small Caps to discuss the company’s recent oil exploration and production activities in Texas’ Permian Basin. Following recent dr...

US-focused Winchester Energy (ASX: WEL) has announced its Arledge 16#2 well on the Lightning oil prospect in Texas has doubled its flow rate since the company’s last update. The onshore oil producer began testing and completion of the lower...

Liquified Natural Gas (ASX: LNG) has announced an alliance with Delta OffShore Energy to supply LNG to Vietnam. LNG subsidiary Magnolia LNG will deliver 2 million tonnes of LNG to Delta and Delta will deliver it to Vietnamese province Bac L...

Did you know that on 12 September, 1973, West Germany adopted the Deutsche Mark. The Deutsche Mark replaced the East German Mark and helped complete the economic reunification - part of the union between East and West Germany. Mid-September...

Did you know that this day in 1977 marks the last time a person was executed in France Hamida Djandoubi was also the last person to be executed by guillotine. Djandoubi was convicted and sentenced to death for the murder of 21-year old Elis...

Onshore oil producer Winchester Energy (ASX: WEL) has announced the recovery of “significant” oil from its Arledge 16#2 well on the Lightning prospect in Texas after fracking two Lower Cisco sand intervals. The US-focused company started dr...

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...

Onshore oil producer Winchester Energy (ASX: WEL) has hit oil pay while drilling through the primary Fry sand target of its latest development well on the Mustang oilfield in Texas’ Permian Basin. The US-focused company today reported the e...

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...

Of all the energy companies providing updates this morning, only Winchester Energy (ASX:WEL) stood out because it recovered significant oil. The Texas-focused explorer has swabbed two intervals at its Arledge 16#2 well and the combined rate...

Winchester Energy (ASX: WEL) has recovered “significant” oil within the Arledge 16#2 well’s Lower Cisco Sands, which Winchester managing director Neville Henry claims is “extremely encouraging” and potentially “game changing” for the compan...

Following the recent discovery of oil shows while drilling the Lightning prospect, Winchester Energy (ASX: WEL) has begun completion activities at its Arledge 16-2 well in Texas’ Permian Basin. In mid-July, the US-focused oil producer annou...

In this article, we discuss recent updates from energy focused companies listed on the ASX. On 8 August 2019, the S&P/ASX 200 Energy Index was trading at 10,405.5 , up by 88.2 points or 0.85% from the previous day’s close, while the ben...

The company has a single focus on oil exploration, development and production in the Bermian Basin of Texas.

On Stockhead today – mining lithium from seawater, our monthly dairy stocks update, and why Hot Copper’s not leading the stocks chat space anymore. But first here’s what you need to know. The day ahead It’s the final day of Diggers and Deal...

All three stocks have recently come up with significant business updates. Winchester Energy released the results for June quarter, reporting new oil discoveries and drilling plans. Coles Group released a refreshed strategy to offer long-ter...

Onshore oil producer Winchester Energy (ASX: WEL) has posted a significant jump in production and sales revenue for the June quarter following new oil discoveries at its Permian Basin properties in Texas, with more drilling ahead. In its la...

Hardly a week goes by when there isn’t a mining and energy conference taking place somewhere in the world, and with Australia being central to some of the world’s biggest mining projects and extensive exploration programs we have our fair s...

US-focused Winchester Energy (ASX: WEL) has encountered “good to strong” oil and gas shows while drilling its latest Arledge 16#2 well at the Lightning prospect in Texas’ Permian Basin. The onshore oil producer, which spudded the well less...

The Western Australian government is lifting its onshore fracking ban completely – a move that has been welcomed by junior oil and gas players. Late last year the government opened 2 per cent of the state up to fracking — the areas already...

Following production success from White Hat 20#3 at the Mustang prospect, Winchester Energy (ASX: WEL) has now spudded the Arledge 16#2 well within the Lightning prospect at the company’s Permian Basin acreage in Texas. The new Arledge 16#2...

Norwest Energy NL (ASX: NWE) On the discovery of Waitsia well, Norwest Energy NL joined the other Perth Basin explorers in the trend of re-evaluating the oil and gas prospectivity of its portfolio. This large, conventional oil prospect was...

The long awaited news of whether Carnarvon Petroleum (ASX:CVN) has had any success with wells neighbouring its massive Dorado discovery has finally landed. And it’s not what investors were hoping for. Scroll down for more ASX energy news &...