Whitebark Energy


All posts for Whitebark Energy

Whitebark Energy: Canadian Activities Update

“Whitebark will have over $4m cash to invest in drilling programs and strategic acquisitions in Canada which have the potential to materially change the company within the next six months.” “Whitebark and its Canadian JV partner, Point Loma Resources, have been in negotiations to purchase product ...

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Posted 26 days agoPress > CanadaWhitebark EnergyDrilling +2

Whitebark Sells TP-15 Interest For Up To $5m

Funds to be invested into advancing Canadian JV's 100 million barrel exploration opportunities and strategic acquisitions Whitebark has executed a Sale and Purchase Agreement to sell its 15% interest in TP-15 to Triangle Energy (Global) Ltd for up to $5m. The offer structure allows Whi ...

OilVoice Press - OilVoice


Posted 26 days agoPress > WhitebarkWhitebark EnergyDivestment +2

WBE Canadian JV Progresses Rex Oil Play in Leduc

Highlights Entry into Leduc Area Rex Oil Play ≈prospective 40-60 million barrels of oil in place (8-12 mmbbls net to WBE) Paddle River Facilities Project moves to engineering phase Neighbouring Duvernay land sales hit $1,000/hectare Non-core, gas weighted property sale for $500,000 ...

OilVoice Press - OilVoice


Posted 1 month agoPress > WBE CanadianCanadaWhitebark +4

Whitebark Energy: Rights Issue Closes Significantly Oversubscribed and Additional Placement

Whitebark Energy Limited, ASX:WBE, (‘Whitebark' or ‘the Company') is pleased to advise that the renounceable rights issue announced on 1 August 2018 (‘Offer') has been well supported by the Company's shareholders and new investors and closed significantly over-subscribed. The Company has raised ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Whitebark EnergyRights IssueASX

Whitebark Energy Investor Update

Growing production + significant exploration upside. Canadian JV Cash flow positive. 20% working interest in the Point Loma Joint Venture in Canada. Production increased 125% in the past 12 months. Expected to double in the next 12 months. 15% interest in Xanadu prospect in t ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Whitebark EnergyCanadaexploration

Whitebark Takes Control of Warro

Flexibility to progress up to 11.6 tcf1 field Whitebark Energy (ASX : WBE) is pleased to announce the return to full ownership of the Warro Gas Discovery, 200km North East of Perth. Alcoa Australia has agreed to relinquish its 43% interest earned in the Warro assets. This will a ...

OilVoice Press - OilVoice


Posted 4 months agoPress > WhitebarkWarroWarro Field +7

WBE - Industry Pays C$33m for Duvernay Shale Oil Acreage Surrounding Whitebark Lands

Increasing interest in emerging Duvernay Shale Oil Play in Canada Whitebark Energy Limited (ASX : WBE) (the “Company” or “Whitebark”) is pleased to provide an update on recent transaction activity in the emerging Duvernay shale oil play. Whitebark currently has a 20% interest in approximately ...

OilVoice Press - OilVoice


Posted 5 months agoPress > WBEWhitebark EnergyDuvernay +5

Whitebark Energy - Operational Update

3D Program Identifies Material New Oil Targets in CanadaCurrent Whitebark Production approx. 400boe/d Highlights Westcove 3D program identifies new drilling targets with potential for over 40 mmboe in place (gross):                                    o Ostracod Liquids Play 10m ...

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Posted 5 months agoPress > Whitebark EnergyOperational UpdateCanada +5

Whitebark Energy: 184% Increase in 2P Reserves

Highlights: • Whitebark net reserves as at 31 December 2017 increase more than 32% since 30 June 2017: o 1P (proved) reserves increased by 34% to 875 mboe o 2P (proved plus probable) reserves increased 32% to 1,113 mboe • Whitebark proforma net reserves including post period Gilby acq ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Whitebark EnergyProven ReservesASX +1

Whitebark Energy Announces Acquisition Approved

Adds 450boe/d and 4.1 million boe* to JV reserves 21st March 2018 Highlights: Acquiring oil and gas assets producing 450 boe/d in its existing area of focus in Central Alberta for the gross amount of A$1.9m1 (30% working interest for Whitebark). Adds 135 boe/d net to Whitebark, 30 ...

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Posted 8 months agoPress > Whitebark EnergyAcquisitionCentral Alberta +4

First Acquisition for 2018 Adds 450 boe/d Gross to Canadian JV Production

Highlights: • Acquiring oil and gas assets producing 450 boe/d in its existing area of focus in Central Alberta for the gross amount of CAN$1.9m (30% working interest for the Company). • Acquisition is subject to Court Approval as the assets form part of a Court Appointed Re ...

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Posted 8 months agoPress > AcquisitionWhitebark EnergyCanada +3

Whitebark Energy: Quarterly Activity Statement

Summary Quarterly Activity Statement 30th January 2018 Whitebark Energy Ltd is pleased to report a robust second quarter with the average daily production for December of approximately 275 boe/d from its Canadian JV (up from 150boe/d), confirmation of its Xanadu oil discovery in t ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Whitebark EnergyActivity UpdatePerth Basin +2

Whitebark Energy: Canadian Production Increase by 60%

Whitebark Energy Ltd (ASX: WBE) (“Whitebark” or “the Company”) is pleased to provide an update to shareholders with regards to its Canadian activities. Point Loma JV (PLJV), Canada (WBE 20% WI) Following the drilling of two wells and the reactivation of two stranded wells, Whitebark net produc ...

OilVoice Press - OilVoice


Posted 11 months agoPress > ASXWhitebark EnergyCanada +3

Whitebark Energy Consolidates Paddle River Oil Project in Canada

Australia's newest oil and gas producer, Whitebark Energy (ASX:WBE) has consolidated ownership of the Paddle River Oil Project in Canada via a series of acquisitions with its JV partner.   Canada The Point Loma JV (PLJV) now has 100% of the Ostracod oil pool within the Paddle River project are ...

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Posted 1 year agoPress > Whitebark EnergyASXCanada +4

Whitebark - Warro Field Would Benefit From West-East Gas Pipeline

Whitebark Energy supports Federal Government Pre-Feasibility Study into the development of a West-East gas pipeline; Proposed pipeline would open up the gas market and support long term demand required to commit to funding; Highlights need for State Government to move swi ly with fraccin ...

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Posted 1 year agoPress > Whitebark EnergyWarro FieldAustralia +2