WBE
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Company News
Whitebark Energy Identifies New Dry Gas Zones at Warro Following Major Technical Review
Whitebark Energy (ASX: WBE) has confirmed the presence of previously unrecognised dry gas intervals at its 100%-owned Warro Gas Field in Western Australia, following a comprehensive re-evaluation that significantly enhances the project’s commercial potential. The independent petrophysical study, led by renowned global specialist Steve Adams of The Petrophysics Limited, identified thick gas-bearing intervals with minimal […]
Whitebark Energy targets major hydrogen-helium project with King Energy acquisition
Whitebark Energy (ASX: WBE) is on track to acquire one of Australia’s largest potential hydrogen and helium projects after signing an agreement with unlisted public company King Energy. Under the implementation agreement, Whitebark will acquire all the issued securities of King Energy by way of separate off-market offers. Executive director Mark Lindh said the deal […]
Whitebark Energy to begin flow back at Rex-3 following frac completion
Whitebark Energy (ASX: WBE) has completed fracture stimulation of the Rex-3 well in Canada’s Wizard Lake oil field, with flow back to begin imminently. The company’s Canadian subsidiary Salt Bush Energy completed the 46 stage frac program over 30 hours. During the program 1,300 tonnes of proppant was placed into the Rex formation. With fracking […]
Whitebark Energy moves to commercial oil production at Rex-2
Whitebark Energy (ASX: WBE) will begin commercial production at its Rex-2 well after successful testing, with Rex-2 also outperforming the Rex-1 well. During testing, the final 24 hour flow rates averaged 700 barrels of oil equivalent per day and continued to trend upwards. This compared to Rex-1, which achieved flow rates of 340boepd. Rex-2 flow […]
Whitebark Energy encounters oil shows at Wizard Lake in Canada
Oil and gas company Whitebark Energy (ASX: WBE) has announced the completion of drilling at the Rex-2 appraisal well in the Wizard Lake oilfield in Alberta, Canada, with the well encountering “excellent” reservoir quality and higher porosity levels than the previous discovery well. The Rex-2 well was drilled to a total depth of 3,033m in […]
Whitebark Energy gets set to spud Canadian oil wells
Oil and gas explorer and producer Whitebark Energy (ASX: WBE) is gearing up to spud two exploration wells at its Point Loma joint venture project in Alberta, Canada, targeting 70 million barrels of oil equivalent in place. The company today confirmed that, together with Canadian operator and joint venture partner Point Loma Resources, it aimed […]
Whitebark Energy upgrades Canadian oil and gas reserves
Oil and gas explorer and producer Whitebark Energy (ASX: WBE) has upgraded the 2P (proven plus probable) reserves at its Point Loma joint venture project in Alberta, Canada, boosting its position by 184%. The company, which owns the project in a joint venture partnership with Canadian operator Point Loma Resources, today reported 2P reserves of […]
Whitebark Energy boosts oil and gas output with Canadian acquisition
Oil and gas producer Whitebark Energy (ASX: WBE) has boosted daily output by more than 30% at its Point Loma joint venture project in Alberta, Canada, thanks to the further addition of producing oil and gas assets in the area. The company reported today that the Point Loma joint venture, which consists of Whitebark (holding […]
Whitebark Energy discovers oil in WA and kicks-off production in Canada
Whitebark Energy (ASX: WBE) announced the completion of its drilling program which led to an oil discovery at its 15%-owned Xanadu licence in Western Australia and new production at its 20%-owned Point Loma project in Canada. The Xanadu prospect is owned in conjunction with Norwest Energy, Triangle Energy Group and 3C Group. Whitebark Energy funded […]