Entries by Wally Graham

Senex secures pipeline for Snatcher

JETT RINK: Australian energy company Senex Energy, as Operator on behalf of the PEL 111 Snatcher oil field joint venture (Senex 60%) has reached agreement on key commercial terms with Santos, as Operator of the PPL 177 Charo oil field joint venture, for pipeline transportation of crude oil from Snatcher to the Tirrawarra oil and […]

ROC enjoys appraisal success

JETT RINK: Roc Oil Company has been advised by its wholly owned subsidiary company Roc Oil (Bohai) Company that production has commenced from the first appraisal well to be drilled in the new Zhanghai block in China. The Zhanghai block is one of two adjoining blocks added to ROC’s existing Zhao Dong Block Contract in […]

Norwest Energy hit by delay

JETT RINK: Australian-based Norwest Energy successfully drilled the Arrowsmith‐2 well in June 2011 as a proof of concept well to assess the shale gas / tight gas potential of the EP413 permit area. The company is currently in the process of conducting an evaluation program on the EP413 permit in the Northern Perth Basin. In […]

Austin Exploration seals USA Shale deal

JETT RINK: Melbourne-based oil and gas exploration play Austin Exploration has completed the acquisition of two North American Oil and Gas Shale assets. Austin has acquired more than 16,000 acres within two highly-prouctive Oil and Gas Basins in North America. Completion of the shale exploration acquisitions comes after an extensive Geological, Land Title and Environmental […]

Elvis has left the building August 25

THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: New CEO for European […]

YTC drills solid copper hits at Nymagee

THE DRILL SERGEANT: YTC Resources continues to receive encouraging copper results from an ongoing drilling program at the Nymagee copper project (YTC-90%) in the Cobar Basin, New South Wales. The results of the second round of drilling has arrived a shallow drill program the company had designed to evaluate shallow copper mineralisation in detail in […]

Matilda announces maiden Resource at Kilimiraka

THE DRILL SERGEANT: Australian minerals sands play Matilda Zircon has announced a maiden Inferred Resource for its Kilimiraka mineral sands project on the Tiwi Islands. The Inferred Resource contains over 890,000 tonnes of heavy minerals, which the company said, confirms the project’s potential for it to become the next mineral sands mine in the region. […]

Azure continues run at Promontorio

THE DRILL SERGEANT: Mexico-focused Azure Minerals continues to receive good copper, gold and silver news from an ongoing diamond drilling program at its Promontorio project in Chihuahua. Additional first-time drilling at the company’s Cascada prospect has intersected an encouraging wide zone of 137.3 metres of gold and silver mineralisation. The Cascada drilling was carried out […]

Confidence in Gladstone Steel Project remains strong

New kid on the steelmaking block Boulder Steel has told the market it intends to go ahead with its plans to build and operate the proposed $4 billion Gladstone Steel Plant project. Boulder Steel claims it Gladstone plant will be a modern, state-of-the-art facility that is to be built efficiently in terms of capital expenditure […]

Discovery increases Zeta Resource

THE DRILL SERGEANT: Discovery Metals has upgraded the Mineral Resources at its Zeta deposit by nine million tonnes to 44.1 million tonnes, an increase of 25 per cent. The Zeta deposit, combined with the Plutus and Petra deposits, form the Mineral Resources base for Discovery’s 100% owned Boseto copper project, located in north western Botswana. […]