Mark Gordon

With a fully permitted three well drilling programme expected to commence in December this year, Calima is set to realise significant value from its 100% held liquids rich acreage in the Montney Formation of British Columbia. Calima has made considerable progress since our October 2017 initiation report, and we have... Show More

Sam Dyson

Mining 101: a good mining company makes money at the low end of a steep cost-curve. This is BHP’s strategy and it is working wonders in iron ore. However, in 2011 BHP forgot this simple rule. Deal hungry and with cash flow burning a hole in the pocket after two... Show More

Antipodes Partners

Electricity generation in Europe is undergoing a major transformation. Many investors think that the “new world” (i.e. renewables, batteries and smart grids) is going to wipe out the “old world” (i.e. centralised baseload generated from nuclear and fossil fuels). Whilst we do accept that there will be a transition we... Show More

Andrew Stanley

Origin Energy (ASX:ORG) was boosted by a relatively clean-half year result. The energy market business delivered good growth with margin expansion in ORG’s domestic gas retailing business a noteworthy feature we had been expecting for some time. ORG’s APLNG plant has finally commenced operations with the first train now operational... Show More

Gavin Wendt

Strike Energy (ASX: STX) represents one of the few success stories at the present time throughout the entire energy sector. The company's achievements to this point are a reflection of its methodical approach to acreage selection, exploration and appraisal activity, as well as the securing of significant cornerstone has customers.... Show More

John Robertson

A literature review by Maximus Resources of the historic Spargoville gold workings revealed the presence of a distinct “blue lode” containing gold nuggets leading to its reinterpretion as finely laminated calcareous and carbonaceous sediment. The Eagles Nest prospect in Western Australia is 8km south of the now-exhausted high grade Wattle... Show More

Gavin Wendt

Mention the energy sector to anyone and the obvious association is negative. Plummeting oil prices, an ongoing battle between OPEC and US shale producers, CSG plays on the nose in eastern Australia and the resounding disappointment/failure of the burgeoning 'unconventional' energy sector in Australia. But amongst the gloom there are... Show More

Gavin Wendt

Strike Energy (ASX: STX) represents our preferred ‘unconventional’ energy play. Few companies can offer investors such high-quality exposure to the huge, untapped potential of unconventional energy within South Australia’s Cooper Basin. Strike's clear focus is on defining the commercial viability and overall resource extent of its project, with the ultimate... Show More

John Robertson

Offshore oil and gas is especially dangerous investment ground. I highlighted Pura Vida Energy a year ago as being “among the best of the smaller companies in this space” ( My comments also highlighted the binary nature of its potential exploration outcomes which implied the company should only be a... Show More

John Robertson

Real Energy Corporation, first listed in December 2013, offers investors a relatively low risk onshore Australian gas exposure. The company has reported an independently assessed 13.76 TCF Cooper Basin resource. It will proceed to “frac” two proof of concept exploration wells with proven gas in the coming months to demonstrate... Show More