TITLE

There's gold in them thar drills

AUTHOR(S)
Haselhurst, David
PUB. DATE
August 2004
SOURCE
Bulletin with Newsweek;8/31/2004, Vol. 122 Issue 6436, p53
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the information that with the crude oil price soaring to record levels above $US48 per barrel last week, the author's attention was drawn to a raft of smaller Australian explorers planning to dip their corporate toes into Bass Strait in Victoria and Tasmania, in months ahead. They include Nexus Energy, Bass Strait Oil and Gas, Moby Oil and Gas, Eagle Bay Resources and Lakes Oil. Lakes' shares, already in the portfolio, added 40% to 7.2¢ last week after successful flow tests from its Wombat No. 2 in the onshore Gippsland basin.
ACCESSION #
14363078

 

Related Articles

  • Afren announces exceptional exploration and appraisal success in 2013 full year results.  // World Energy News;3/27/2014, p1 

    The article offers information on the financial statement for year ending December 31, 2013 that is posted by Great Britain-based oil and gas exploration company Afren PLC. Topics discussed include the record profits from the high prices of oil products, the statement of chief executive officer...

  • Southern Pacific announces financial and operational results for the year ended June 30, 2013.  // World Energy News;9/13/2013, p19 

    The article presents financial and operational results of Southern Pacific for the year ended on June 30, 2013. It is informed that production averaged 1,890 bbl/d for the month of August 2012 at STP-McKay, which is an increase of 39% over the month of July 2012. It is informed that rail...

  • NEWS IN BRIEF: Special Metals Forum.  // Corporate Adviser;May2010, p7 

    The article focuses on the Special Metals Forum (SMF) report which indicates the opportunities posed by increased oil and gas prices to British manufacturers and the need for increased facility upgrade and oil exploration efforts in Great Britain.

  • Low prices affect E&P spending. Smith, Jennifer E. // Offshore;Oct98, Vol. 58 Issue 10, p30 

    Reports on the effects of low oil prices on exploration and prospecting spending on the Gulf of Mexico. Availability of rigs; Increase of rig rates.

  • Mergers and acquisitions: Is the North Sea still an attractive region?  // Offshore;Jun2006, Vol. 66 Issue 6, p116 

    The article focuses on issues concerning deal-making by oil industries on North Sea exploration. The area is regarded to have high oil fields potential. In many deals, mergers and acquisitions required a forward curve oil price for at least the first three years. Such condition has forced...

  • Hitting the rapids.  // MEED: Middle East Economic Digest;7/14/2006, Vol. 50 Issue 28, p1 

    The article emphasizes the need for international oil companies and Middle East oil ministries to enhance their relationship to counter the increasing oil prices. For more than three decades, the massive oil fields of Kuwait and Saudi Arabia have been a closed book to outsiders. The combination...

  • All Is Not Well for Drillers and Suppliers. WALSH, KERRI // Chemical Week;3/10/1999, Vol. 161 Issue 9, p29 

    Reports on the decline in crude oil prices in the United States. Its impact on oil companies; Comments from John Sutley, chief executive officer of Nalco/Exxon; Status of oil drilling in the Gulf Coast; Strategy employed by oil companies to boost their business.

  • Price hike fuels oil exploration. Heathcote, Andrew // BRW;6/10/2004, Vol. 26 Issue 22, p16 

    Reports on the impact of rising oil prices in Australia on exploration efforts. Influence of fuel hikes on the stock market; Improvement in the economics of oil.

  • Drilling for Dollars. Pinkham, Myra // Metal Center News;Sep2008, Vol. 48 Issue 10, p48 

    The article reports on the implication of the decreasing prices of petroleum products to the metal industry in the U.S. Despite the recent decline of oil and gas prices, energy exploration continues unabated, challenging steel suppliers to meet demand for pipe and tube. Experts forecasted that...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics