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  • Carbon Energy makes pivotal step towards Surat Basin gas production

    1:42 am

    Carbon Energy makes pivotal step towards Surat Basin gas production

    The submission of the Rehabilitation Plan for Carbon Energy’s Bloodwood Creek UCG pilot plant marks a pivotal step towards bringing its Blue Gum Gas Project into production by 2017. The project has Queensland’s fifth largest 2P Gas Reserves of 1,128 petajoules.

  • Sun Resources continues to look undervalued on 250ft net pay

    12:40 am

    Sun Resources continues to look undervalued on 250ft net pay

    Confirmation of 75 metres of net oil pay indicates that Sun Resource’s Jack Howe-1 well could be a commercial success. This is an early indicator to a resurgence in the company and points to a potential bright future. Shares are expected to open higher today.

  • Wall Street's fall overnight takes bite out of quarterly gains

    Tue 11:28 pm

    Wall Street's fall overnight takes bite out of quarterly gains

    U.S. stocks finished lower on Tuesday after a volatile session as investors took in several economic reports, including a contraction in home prices and a drop in US consumer confidence. Gold and oil are lower. The ASX SPI 200 is off 33 points to 5250.

  • Kibaran Resources submits environmental study for Epanko graphite deposit

    Tue 3:33 am

    Kibaran Resources submits environmental study for Epanko graphite deposit

    The submission of the Environmental & Social Impact Study and completion of test work drilling are key steps in the progress of Kibaran Resources’ Epanko graphite deposit in Tanzania. Shares in the company are expected to trade higher today.