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Energy
Oil Prices Stabilize After Recent Drop Amid Middle East Tensions
October 24, 2024 01:14 PM AEDT| By Team Kalkine MediaHighlights,Oil prices stabilize after a recent drop.,US crude inventories rise by over 5 million barrels.,Middle East tensions influence market dynamics.,Oil prices steadied after a midweek decline, as traders weighed the evolving geopolitical tensio...
Attention Drawn to ASX Penny Stocks in October 2024
October 23, 2024 03:19 PM AEDT| By Team Kalkine MediaHighlights,Market Overview,: The ASX200 is showing a cautious increase of 0.27%, reflecting a cautious sentiment amid global uncertainties.,Penny Stocks Potential,: Penny stocks continue to be relevant as they offer affordable entry points and growth...
Strong Fundamentals of TerraCom Limited Examined in Relation to Recent Stock Performance
October 23, 2024 03:12 PM AEDT| By Team Kalkine MediaHighlights,Stock Performance,: TerraCom's stock has experienced a notable 14% increase over the past month, raising questions about the underlying financial strength of the company.,Return on Equity (ROE),: TerraCom has reported a return on equity of...
Kinetiko Energy Continues Progress with South African Gas Projects
October 23, 2024 12:27 PM AEDT| By Team Kalkine MediaHighlights,Kinetiko,Energy advances its gas projects in Mpumalanga Province.,The company completed its first well ahead of schedule despite an unexpected result.,Additional,wells are planned to further explore gas potential.,Kinetiko Energy (ASX:KKO)...
Buru Energy Faces Setback with Rafael Shallow Drilling Results
October 23, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights:,Buru Energy (,ASX,:BRU,),revealed unsuccessful drilling results at the JV-led Rafael Shallow asset in WA’s Canning Basin, discovering no moveable hydrocarbons.,The well was drilled to a depth of 1,203 meters, and after wireline logging da...
Elevate Uranium Secures Funds for Koppies Project
October 22, 2024 04:04 PM AEDT| By Team Kalkine MediaHighlights,Elevate Uranium secures $25 million funding to advance key projects.,The company aims to construct a demonstration plant for its U-,pgrade,™ process.,Paradice Investment Management takes a 9.9% stake in Elevate Uranium.,Elevate Uranium (AS...
Viva Energy Projects EBITDA in the Range of Millions Amid Retail Challenges
October 22, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Viva Energy expects EBITDA between $230M-$240M.,Coles Express stores are being converted to On,The,Run format.,Retail conditions impact Viva Energy's earnings outlook.,Viva Energy (ASX:VEA), a leading supplier of petrol and diesel in Austr...
Strike Energy Ltd (ASX:STX) Shares Surge on Positive Production Test Results
October 21, 2024 04:31 PM AEDT| By Team Kalkine MediaHighlights:,Strike Energy's shares rise nearly 8% following promising well results.,Erregulla Deep-1 well shows flow rates of 53 million standard cubic feet per day.,Estimated potential production could reach up to 450 million standard cubic feet per...
Evolution Energy Progresses Towards Major Decision for Chilalo Graphite Project
October 21, 2024 01:53 PM AEDT| By Team Kalkine MediaHighlights,Evolution Energy is nearing a Final Investment Decision on its,Chilalo,Graphite Project.,The project review highlights operational improvements and economic viability.,Exploration efforts are ongoing to expand the resource base and assess...
Triangle Energy Secures Funding for Becos-1 After Asset Sale
October 21, 2024 12:23 PM AEDT| By Team Kalkine MediaHighlights,Triangle Energy fully funded for drilling Becos-1 well.,Sale to Pilot Energy covers operational costs and provides future payments.,Becos-1 drilling to begin in the coming months.,Triangle Energy,(ASX:TEG),is set to begin drilling the Beco...
Comet Ridge Starts Drilling at Mahalo East with Grant Support
October 21, 2024 11:24 AM AEDT| By Team Kalkine MediaHighlights,Comet Ridge starts drilling at Mahalo East.,$5M government grant supports exploration.,Mahalo East 1 well aims to collect valuable coal reservoir data.,Comet Ridge (ASX: COI) has officially begun drilling operations at its Mahalo East proj...
Strike Energy Reports Results from Erregulla Deep-1 Well in Perth Basin
October 21, 2024 10:56 AM AEDT| By Team Kalkine MediaHighlights,Strike Energy reports,strong well,test results in the Perth Basin.,Erregulla,Deep-1 shows high flow rates with potential for even more impressive figures.,The company reserves High Cliff gas discovery for future development.,Strike Energy...
Omega Oil & Gas Progresses with Gas Exploration at Taroom Trough
October 18, 2024 05:45 PM AEDT| By Team Kalkine MediaHighlights,Omega Oil & Gas continues progress on its,Taroom,Trough appraisal program.,Strong gas shows and condensate presence recorded during drilling.,Flow potential to be tested through a horizontal well in the Canyon Sandstone.,Omega Oil & Gas (A...
Positive performance in Q3 highlighted by Yancoal Australia
October 18, 2024 03:07 PM AEDT| By Team Kalkine MediaHighlights:,Yancoal Australia reports a substantial cash balance increase, driven by significant growth in coal production and sales.,The company achieved a 26% rise in run-of-mine (ROM) coal production and a 24% increase in attributable saleable coa...
Yancoal Australia (ASX:YAL) Reports Robust Q3 Financial Results
October 18, 2024 11:40 AM AEDT| By Team Kalkine MediaHighlights,Yancoal,Australia reports strong financial growth in Q3,Coal production volumes see a notable increase,Cash balance reaches $2 billion by the end of the quarter,Yancoal Australia (ASX:YAL) has delivered a solid performance in the third qua...
Beach Energy Appoints New Chairman Amid Strong Production Growth
October 18, 2024 11:38 AM AEDT| By Team Kalkine MediaHighlights,Beach Energy appoints Ryan Stokes as new,chairman,.,Beach Energy reports a 10% production increase in fiscal 2025's first quarter.,Company revenue hits $427 million, driven by gas and gas liquids performance.,Beach Energy (ASX: BPT) has an...
Tech Giants Drive Surge in ASX Uranium Stocks
October 17, 2024 04:13 PM AEDT| By Team Kalkine MediaHighlights,ASX uranium stocks see significant gains due to rising interest from tech companies.,Amazon and Ken Griffin back a $500 million investment in small nuclear reactors.,Google also signs a deal to secure access to small nuclear reactors for e...
ASX Market Insights: Positive Jobs Data Lengthens RBA Rate Cut Timeline | October 17, 2024
October 17, 2024 04:05 PM AEDT| By Team Kalkine MediaHighlights:,The ASX200 index reached a new intra-day record of 8,384 points before slightly retracting to 8,354 points, up 0.83% in early afternoon trade.,September’s unemployment rate dropped to 4.1%, significantly lower than market expectations, wi...
Santos Faces Cost Hike in Alaska Oil Project Amid New Developments
October 17, 2024 02:00 PM AEDT| By Team Kalkine MediaHighlights,Santos reports a 20% cost increase in its Alaska oil project,.,Moomba carbon capture and storage (CCS) project is now fully operational,.,Barossa gas project reaches over 82% completion with production set for 2025,.,Santos Limited has rep...
Gold Hydrogen Announces Exceptional Helium Purity at Ramsay Project
October 17, 2024 01:41 PM AEDT| By Team Kalkine MediaHighlights,Gold Hydrogen reports helium purities of 36.9% at Ramsay Project.,Australia's highest helium purity ceiling recorded at 25% in past data.,GHY explores further drilling opportunities based on these results.,Gold Hydrogen (ASX:GHY) has revea...
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