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Next Oil Rush
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Oil and gas junior Elixir Petroleum (ASX:EXR) looks to have two mega projects of magnitude and scale on its hands.
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Melbana Resources (ASX:MAY) is now reaping the benefits of a period where it has built up an unrisked Prospective Resource base of 1.1 billion barrels of oil equivalent (Bbble).
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88 Energy (ASX:88E) is exploring for large scale, multi-billion barrel oil resources across the North Slope, onshore Alaska, and is gearing up for a significant amount of activity over the coming months.
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With gas prices rising, Invictus Energy (ASX:IVZ) looks set to tap into rising demand, having a majority interest in 250,000 acres of highly prospective gas condensate territory in Africa’s Cabora Bassa Basin.
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Pancontinental Oil and Gas (ASX:PCL) is operating in the well-regarded offshore oil and gas province in Namibia.
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88 Energy (ASX:88E) is set to recommence production testing at Icewine#2 in just days.
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2018 is quickly shaping up to be a busy year of purposeful activity for 88 Energy
(AIM | ASX: 88E), with a number of share price catalysts set to play out in the not-so-distant future.
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Magnum Gas and Power (ASX:MPE) has mobilised the drill rig and is drilling as we speak at its Tulainyo 2-7 gas appraisal well in California’s Sacramento Basin.
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With a significant war chest in its possession, American Patriot (ASX:AOW) is quickstepping towards its long-term goal to build a significant producing business.
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Magnum Gas and Power (ASX:MPE) is set to spud the Tulainyo-2 appraisal well by mid-October.
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