Whitebark Energy


All posts for Whitebark Energy

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 ...

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Posted 8 days 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 ...

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Posted 1 month 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 ...

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Posted 2 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 2 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 ...

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Posted 4 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 4 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 5 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 ...

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Posted 6 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 ...

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Posted 8 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 9 months 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 9 months agoPress > Whitebark EnergyWarro FieldAustralia +2

Whitebark Energy: Further Success From Drilling Platform

Perth Basin – WA – Xanadu Oil Discovery post well analysis continues. Canadian Operations Update: 5-31 well recompletion placed on production on 3rd October; 9-18 Sparky well drilled and will be stimulated this week, with production expected in early November; Initial 1-32 Ostracod well dr ...

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Posted 10 months agoPress > Whitebark EnergyASXPerth Basin +6