Whitebark Energy Ltd (ASX:WBE)

Whitebark Energy Ltd (ASX:WBE)


Share Price
$ 0.00
Change
-0.0005 (-11.11 %)
Market Cap
$7.85 m
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Whitebark Energy Ltd

Whitebark Energy Ltd (ASX:WBE) is listed on the Australian Securities Exchange.

EPIC: WBE
Market: ASX:WBE
52-week High/Low: A$0.01 / A$0.00
Sector: Energy
Market Cap: $7.85 m
Website: www.whitebarkenergy.com
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Big Picture – A Deep Dive Examination of Whitebark Energy Ltd


Whitebark Energy Ltd Snapshot

Whitebark Energy Limited (ASX: WBE) is a Perth-based company with production and exploration assets in Canada and Australia.

Canada – Salt Bush Energy Ltd

Whitebark plans to continue to grow the PLJV Canadian assets held with Point Loma Resources during FY2019 following successful acquisition and production growth in FY2018.

Strategy

Build a high margin production base through unlocking stranded production and drilling wells on existing assets and by the acquisition of complementary assets.

Planned Activities in FY2019

A busy work program is planned over the next 12 months:

  • Facility upgrades at Paddle River oil field to reduce cost and increase profitability.
  • Development well planned at Paddle River in Q1 2018 to unlock significant upside;
  • Two “exploration wells” targeting by-passed pay planned before end of year (2018).
  • Payback between 9 and 18 months.

(click here for more information)


The Warro Gas Project

The Warro Gas Project is an exciting project for Western Australia’s industry, the local Badgingarra community and the joint venture partners. The field has 4.4 to 11.6 trillion cubic feet (Tcf) in place.

The 2017 work program continues to review appraisal opportunities to commercialise Warro.  The current stage of the program is focusing on reviewing the recent well results from Warro-5 and Warro-6 in conjunction with the information gathered from Warro-3 and Warro-4 to identify sand(s) that are likely to produce gas at commercial rates.  Pending the outcome of this work and ongoing status of the current Statewide moratorium on fracture stimulation activities, it is expected that further field appraisal work will take place in 2018.

(click here for more information on this project)

 

Last updated 15th November 2018

Charles Morgan
Chairman

Mr Morgan is an experienced resources venture capitalist who has successfully identified early stage opportunities, acquired strategic assets and positions, partnered with regional and technology experts to develop those positions.


David Messina
Managing Director

Mr Messina has over 20 years multi-sector experience in the Energy, Oil & Gas and Agricultural industries, holding senior positions in executive management, strategic and business development.


Stephen Keenihan
Director

Mr Keenihan has more than 40 years of experience in the energy industry, both in Australia and internationally.


Kevin Hart
Company Secretary

Mr Hart is a Chartered Accountant with over 30 years’ experience in accounting and the management and administration of public listed entities in the mining and exploration industry.

 

Last updated 15th November 2018

Level 2
6 Thelma Street
West Perth WA 6005


Postal Address:

PO Box 1195
West Perth WA 6872

Telephone: +61 8 6555 6000
Facsimile: +61 8 6555 6099
Email: [email protected]


Investor Relations

FTI Consulting
Cameron Morse

Telephone: +61 8 9485 8888

Directors

Charles Morgan – Non-Executive Chairman
David Messina – Managing Director
Stephen Keenihan – Executive Director

Company Secretary
Kevin Hart


Principal Registered Office In Australia

Level 2, 6 Thelma Street
West Perth WA 6005


Auditor

KPMG
235 St Georges Terrace
Perth WA 6000


Solicitors

Steinepreis Paganin
16 Milligan Street
Perth WA 6000


Bankers

ANZ


Stock Exchange Listings

Whitebark Energy Limited shares are listed on the Australian Securities Exchange (ASX: TSV)


Share Registry

Computershare Investor Services
31 Howe St
Osborne Park 6017


Investor Relations

FTI Consulting
Cameron Morse

M: 0433 886 871

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