News and Announcements
Operational Update
- Published March 06, 2012 4:20PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Baraka Energy & Resources Ltd (ASX:BKP, RBD:GR)(“Baraka” or “ the company”), advises that its Joint Venture partner Petrofrontier Corp (TSX:PFC) has released an update regarding recommencement of MacIntyre-2(in EP 127), Baldwin-2Hst1 and the potential Owen-3H.
PetroFrontier(the Operator) announced that it had contracted Rig 918 from Ensign Australia Pty. Limited, a subsidiary of Ensign International Energy Services. Rig 918 will be used to finish the MacIntyre-2H horizontal well and then drill a high angle pilot well at Owen 3. The party currently using Rig 918 has advised that Rig 918 will not be released from its current drilling location in the Cooper Basin until mid-April 2012. Once Rig 918 is released, PetroFrontier anticipates that an additional week will be required to mobilize it from the Cooper Basin to the Southern Georgina Basin. However, if current rain persists in the Cooper Basin or in the Southern Georgina Basin, the arrival of Rig 918 could be further delayed.
——-
To view the full article, please click the link below.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
