ALL THE NEWS

Triangle Energy salutes Norwest Energy Drilling Skills

THE DRILL SERGEANT: Triangle Energy (ASX: TEG) backed up the announcement of its Joint Venture partner Norwest Energy regarding progress at Xanadu-1 drilling operations south of Dongara in Western Australia. Triangle Energy reminded the market that Xanadu-1 was being drilled as a conventional oil exploration well, designed to test for the presence of hydrocarbons in […]

Auroch Minerals Commences Czech Republic Drilling

THE DRILL SERGEANT: Auroch Minerals (ASX: AOU has commenced an initial diamond drilling program at the company’s Tisová mine in the Czech Republic. Auroch Minerals explained the drilling is to consist of four holes in Phase 1, based on previous work at Tisová, which has defined the position, size and scale of the project’s orebody. […]

Kin Mining Achieves High-Grades from Leonora Diamond Drilling

THE DRILL SERGEANT: Kin Mining (ASX: KIN) announced a series of high-grade diamond core intersections from recent drilling carried out within the company’s Leonora gold project (LGP) in Western Australia. Kin Mining explained the main objective of the diamond drilling to be to enable the company to establish final geotechnical and metallurgical parameters for the […]

Neometals Lodges Provisional Lithium Titanate Patent

THE BOURSE WHISPERER: Neometals (ASX: NMT) announced the lodgement of an Australian provisional patent application associated with the company’s technology to produce lithium titanate oxide for use in lithium-ion batteries. Neometals explained the company has a dedicated subsidiary, Neomaterials Pty Ltd, to hold its interest in the intellectual property and patent applications for this advanced […]

Bass Oil Looking to Unlock Indonesian Potential

THE CONFERENCE CALLER: Bass Oil (ASX: BAS) is a growth-focused oil production company operating in the prolific South Sumatran basin of Indonesia. By Jack Baker   Speaking at the RIU Good Oil conference in Perth, Bass Oil managing director Giustino Guglielmo spoke of why the company had made its venture into Indonesia. He summarised it […]

Deeper Drilling Needed to Detect Gas Opportunities

THE CONFERENCE CALLER: Opening the RIU Good Oil Conference in Perth, Argonaut executive director Kevin Johnson told delegates his company hopes to create more opportunities for gas power in Western Australia. By Apanda Anyuon The stimulus behind Johnson’s optimism stems from the success enjoyed by the US shale gas industry. Providing a brief history lesson, […]

Risk Advisor Optimistic on Sector’s Ability to Face New Challenges

THE CONFERENCE CALLER: BDO risk advisory partner Andrew Hillbeck told the opening day audience at the RIU Good Oil Conference in Perth that we are seeing a new generation of complex risks come to the forefront for oil and gas companies. By Jack Baker Hillbeck, who has 20 years’ experience in risk management and expertise […]

Independence Group Celebrates Nova Opening

OUT AND ABOUT: The Roadhouse flew out as a guest of Independence Group (ASX: IGO) to help the company celebrate the official opening of its Nova nickel-copper-cobalt operation. We were in good company, which included Western Australia minister of mines and petroleum Bill Johnston who applauded the company for getting the operation up and running […]

Triangle Energy and Norwest Energy Enjoying Time in Dongara

CONFERENCE CALLER: Triangle Energy (ASX: TEG) director Darren Bromley outlined the company’s recent progress to the RIU Good Oil Conference in Perth. After completing the sale of its Indonesian oil & gas asset to Indonesian company PT Enso Asia, Triangle Energy has taken its market cap from around $3 million to around $22 million. Triangle […]

Pioneer Resources Cashed Up to Advance Pioneer Dome Project

THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) announced the completion of a $1.3 million share placement to institutional and sophisticated investors. Pioneer Resources said the placement received commitments from institutional and sophisticated investors for approximately 92.8 million shares at an issue price of 1.4 cents per share. The company said the raising resulted in multiple […]