ALL THE NEWS
Keep Exploring – Carnarvon boss tells AOG Conference
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: During his lunchtime address at the AOG conference in Perth, Carnarvon Petroleum CEO Adrian Cook sent out a warning to his exploration peers to avoid a knee-jerk reaction to the current oil price situation. When it comes to recent exploration achievement in the Oil & Gas Industry, few can surpass Carnarvon Petroleum’s […]
Real Energy confirms Queenscliff-1 Gas Discovery
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Real Energy Corporation (ASX: RLE) reported on progress at the company’s two maiden Cooper Basin wells, Tamarama-1 and Queenscliff-1. Real Energy said completion and testing operations at the two wells are progressing well to the point where the company has confirmed gas to have flowed to surface at Queenscliff 1. Real Energy […]
PLD signs up $10M funding deals for Admiral Bay acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: PLD Corporation (ASX: PLD) has completed its due diligence on the Admiral Bay zinc and Rocky Gully nickel-copper project and has subsequently notified Kagara (currently in liquidation), Heron Resources and Third Reef that it intends proceeding with the acquisition of the projects. PLD described Admiral Bay is one of the largest undeveloped […]
Cardinal Resources hits more Namdini gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cardinal Resources (ASX: CDV) has encountered further gold intersections at the Namdini Mining Licence, located within the company’s Bolgatanga project in Ghana. Shallow gold hits along strike and along section include: 18 metres at 3.12 grams per tonne gold from 16m vertical depth; 17m at 3.77g/t gold from 30m vertical depth; 16m […]
Santos secures gas supply contract with Alcoa
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Santos (ASX: STO) has entered a natural gas supply contract with Australia’s biggest alumina producer, Alcoa. The Oil & Gas big boy told the market the contract is dated to commence in 2018 and will result in Santos supplying 82PJ of gas to Alcoa over an initial contract term of five years […]
Cue Energy acquires remaining interest in SPC Mahakam Hilir PSC
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Cue Energy Resources (ASX: CUE) has completed the acquisition of 100 per cent of SPC Mahakam Hilir Pte Ltd, which holds 60 per cent of the Mahakam Hilir PSC in the Kutei basin, onshore Kalimantan, Indonesia. The deal means Cue now holds a 100 per cent interest in the PSC. Cue recently […]
Enjoy Low Petrol Prices While You Can, They Will Not Last!
/in Uncategorized /by Wally GrahamGAVIN WENDT: There’s been an enormous of hype recently about the new phenomenon that is shale oil – and if you listen only to the rhetoric emanating from the USA from brokers, deal-makers, drilling-rig operators, company executives and government official, you’d be led to believe that the economics of shale oil are beyond question. But […]
Horseshoe Metals updates M15 Stockpile estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has released an updated estimate of Mineral Resources in the M15 surface stockpiles at the company’s 100 per cent-owned Horseshoe Lights copper-gold project, in the Gascoyne region of Western Australia. According to the company, M15 surface stockpiles consist of unprocessed sub-grade ore from historical mining operations located within […]
Pilbara Minerals upgrades Pilgangoora tantalum-lithium Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pilbara Minerals (ASX: PLS) has reported a big upgrade in the JORC-compliant Mineral Resource for the company’s Pilgangoora tantalum-lithium project, in the Pilbara region of Western Australia. The company outlined the updated Mineral Resource to feature a 120 per cent increase in contained lithium oxide and 95 per cent increase in contained […]
Windward identifies new conductive body close to Nova
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Windward Resources (ASX: WIN) has identified a highly conductive body via a recent ground EM survey at the Western Margin prospect at the company’s Fraser Range North project in Western Australia. The new body is situated four kilometres south-east of Sirius Resources’ (ASX: SIR) Nova-Bollinger deposit. Windward described the conductor, WMA1, to […]