Monday, 23 June, 2014 - 09:43
Pick-up in onshore gas drilling
The entry of two European energy companies into WA will help to bolster activity in the onshore oil and gas sector, which is set for a pick-up after a series of disappointments.
Dennis Donald is the owner and managing director of Warrego Energy.
Rank | Company | # | |
---|---|---|---|
223rd | ![]() |
Noble Helium | $366.29k |
275th | ![]() |
Comet Resources | $122.31k |
276th | ![]() |
Warriedar Resources | $121.65k |
277th | ![]() |
Trek Metals | $120.09k |
278th | ![]() |
Carnavale Resources | $120.00k |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1715th | Future Metals">Future Metals | -70.98% | 13.68% |
1716th | BPH Energy">BPH Energy | -71.23% | 6.75% |
1717th | Noble Helium">Noble Helium | -71.35% | 0% |
1718th | Torque Metals">Torque Metals | -71.43% | 0% |
1719th | Paterson Resources">Paterson Resources | -71.43% | -22.16% |
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NEWS: Tagged in Board moves February 17, 2025 | 17 Feb 2025 |
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NEW ROLE: Non-Executive Chair, Noble Helium | 17 Feb 2025 |
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NEWS: Tagged in Hancock lifts Warrego offer | 05 Jan 2023 |
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NEWS: Tagged in Beach, Warrego shake on $245m takeover | 14 Nov 2022 |
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REMUNERATION UPDATE: Chief Executive Officer, Managing Director, Warrego Energy | 03 Nov 2020 |
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NEWS: Tagged in Warrego Energy to raise $15m | 14 Oct 2020 |
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NEWS: Tagged in Pick-up in onshore gas drilling | 02 Sep 2020 |
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NEW ROLE: Chief Executive Officer, Managing Director, Warrego Energy | 02 Sep 2020 |
The entry of two European energy companies into WA will help to bolster activity in the onshore oil and gas sector, which is set for a pick-up after a series of disappointments.
Warrego Energy has received commitments to raise $15 million from a two-tranche share placement, with the proceeds to go towards drilling at its West Erregulla development in the Perth Basin.
Warrego Energy has raised funds from a share placement to go towards the company’s West Erregulla joint venture with Strike Energy.
Warrego Energy has agreed to a takeover offer from Kerry Stokes-backed Beach Energy, bypassing a competing offer from its joint venture partner, the John Poynton-chaired Strike Energy.
Gina Rinehart’s Hancock Prospecting has lifted its stake in Perth Basin gas play Warrego Energy to 25.9 per cent as a stand-off looms with rival bidder Strike Energy.
Gina Rinehart’s Hancock Prospecting has launched what is effectively the seventh takeover bid for Warrego Energy in the space of two months, jacking up its offer price by 29 per cent.
UPDATED: Warrego Energy has taken the unusual step of publicly criticising the two bidders for the company while Mineral Resources has revealed a 16 per cent stake.
Warrego Energy bidders Hancock Prospecting and Strike Energy have traded blows over the takeover battle for the Perth Basin gas play after Strike’s off-market bid opened.
John Poynton-chaired Strike Energy says it will not improve its scrip offer currently before undecided Warrego Energy investors, with the course of the takeover attempt still hanging in the balance.
Today’s board moves wrap includes Shaun Scott, Andrew Garnett, Greg Columbus, Eddie King, Dianmin Chen, Leon Zhu and more.
Today’s board moves wrap includes John Conidi, Gary Hermon, Layton Mills, Jennifer Voon, Dennis Donald, Geoffrey Nicholson, Brett Matthews, Bruce Garlick, Peter Goh, Eduardo Elsztain, Brent Stockden and more.
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