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
Leigh Creek management must be feeling like Fortescue Metals founder Andrew Forrest on opening his Cloudbreak mine, after an analyst earlier opined he would safely lie on the railway track to the site because the mine would never be built. Show More
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
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
There has been some uncertainty in markets recently, with many believing that markets are fully valued, expensive and lacking opportunities. That's the danger you face if you look at markets as a whole. But when you look 'under the hood', there are plenty of high-conviction opportunities. Here we look at... Show More
CommSec's Tom Piotrowski speaks with AWE Limited (AWE) CEO & Managing Director, David Biggs about gas demand on Australia’s east and west coasts, the progress of its Waitsia project in WA and its plans to boost its oil output. Show More
It’s worthwhile reflecting on the impact of Donald Trump’s election victory on commodities so far. In the immediate aftermath, we witnessed a surge in commodity prices pretty much across the board, with the obvious exception of gold – viewed by some as a likely laggard investment in the growth-fuelled Trump... Show More
Tom Piotrowski speaks Carnarvon Petroleum (CVN) CEO & Managing Director, Adrian Cook about the progress of its Roc-2 well exploration activities and demand for gas in Western Australia Show More
Incremental Oil & Gas (ASX: IOG) represents a classic 'straw hats in winter play' within the context of what has over recent times been an out-of-favour energy sector. The baby has well and truly been thrown out with the bath water as far as the energy space is concerned, with... Show More
Base metal explorer Peel Mining has reported intersections of 7 metres at 2.01% Cu and 9 metres at 2.24% Cu 300 metres north of its Mallee Bull copper-silver-gold resource in central New South Wales. The results came from a weak down hole electromagnetic conductor at a depth of 270 metres.... Show More
Jacob Mitchell, Chief Investment Officer at Antipodes Partners, is upbeat on the long-term picture for consumption based commodities and particularly the outlook for oil. Mitchell says the oil market is currently working through excess high-cost production. This production has already declined significantly, a trend that he says will continue and... Show More
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
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
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
Mention the energy sector to most people in the context of the current market environment and the typical response will be negative. Plummeting oil prices, CSG plays on the nose in eastern Australia and the resounding disappointment/failure of the burgeoning 'unconventional' energy sector within Australia - are all key factors.... Show More
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
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
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” (https://www.livewiremarkets.com/wires/21315). My comments also highlighted the binary nature of its potential exploration outcomes which implied the company should only be a... Show More
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
Portfolio Manager Ben Griffiths shares his views on the recent market weakness and says expects the Australian market is close to bottoming. “There’s too much cash around on the sidelines, too many fund managers sitting on large hoards of cash for me to be too concerned.” Griffiths also says the... Show More