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Main ForumLinc, Central Petroleum, New Guinea Energy....

  • Quite an interesting edition of http://www.energynewsbulletin.net/ today with three stories on energy companies that I have shares in.

    I'll give you the headings below but I do urge you to read the stories in full. I have been a subscriber to EnergyNewsBulletin for several years and find that they give pretty good heads ups.

    • Linc aims for threefold production boost in 2012 (Wednesday, 1 February 2012)

      LINC Energy will be aiming for production of 5900-7000 barrels of oil per day by year’s end which could net Linc anywhere between $A110 million and $130 million, assuming the oil price stays above $100 per barrel.

    • NGE partner talks continue (Wednesday, 1 February 2012)

      NEW Guinea Energy has received interest from “potential strategic partners” in petroleum prospecting licence 269 which it shares with Talisman Energy in Papua New Guinea’s Western Province and it has also received seismic data acquired by PNG LNG project leaders ExxonMobil and Oil Search.

    • Central Petroleum has gone into a trading halt pending news of a “material” capital raising.
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