Junior oilers

[JBmurc]

https://cdn-api.markitdigital.com/ap...df02a206a39ff4

ASX: MAY Zapato 1 Update 1600m on the way to 2650m

Yes they have hit some hard formation rock on the way to the hopefully Oil bearing trap ... slowing down the drilling ..but at some point they should break through into porous HC saturated formation ...

[nztx]

Yes they have hit some hard formation rock on the way to the hopefully Oil bearing trap ... slowing down the drilling ..but at some point they should break through into porous HC saturated formation ...

Some Large elephants might be needed if Large Elephant country is encountered soon

[Joshuatree]

Some Large elephants might be needed if Large Elephant country is encountered soon

I bought some ADX and BAS today.The tiny oilers day will come and I reckon a big re rate will happen for the better ones.Many countries oil reserves are getting depleted and there is no solution for years imo,even if Russia/Ukraine war stops today. DYOR much more risk here at the small end,most of my oil money is in Woodside.

[nztx]

I bought some ADX and BAS today.The tiny oilers day will come and I reckon a big re rate will happen for the better ones.Many countries oil reserves are getting depleted and there is no solution for years imo,even if Russia/Ukraine war stops today. DYOR much more risk here at the small end,most of my oil money is in Woodside.

with you on WDS as an added .. O&G looks a fairly reasonable prospect in current times of turmoil with other sectors getting demolished & sold down on the markets..

that said - there are some real steal situations developing which could take off when the markets wake up to the mining resources some Juniors are sitting on..

[JBmurc]

Some Large elephants might be needed if Large Elephant country is encountered soon

What's really causing an increase in Aussie petrol prices? Why the price hike would've happened regardless, and what petrol companies aren't doing to stem the increase in prices.


Andrew Purcell, Executive Chairman of Melbana Energy, an independent oil and gas company unpacks the reality of high petrol prices, what his company is looking to do as the world pivots to renewables, and how his focus is on earning his shareholders money.(really good interview ..I really like the point Andrew made that we have ALOT of oil ..we just need to come back and flow test with the right rig ..its only a matter of time)


Unpack it all with host Scott Phillips, and hear what's next for the energy market and the prices you'll be paying at the servo.
https://podcasts.apple.com/au/podcas...=1000567997007