Mako Energy spuds well in the Provost area of Alberta
Mako Energy (ASX: MKE) has announced that the company has spudded the well MKE 102 HZ Provost 14-2-40-4, which is located in the Provost area of Alberta.The company said the well is a shallow...
View ArticleMako Energy expects Provost well in Canada on production within 10 days
Mako Energy Ltd (ASX:MKE) said the MKE 102 HZ Provost 14-2-40-4 well in Canada’s Alberta Province successfully reached its targeted total depth at the end of September and was, as anticipated,...
View ArticleMako Energy says Provost well now in production
Mako Energy (ASX:MKE) said today the MKE 102 14-2-20-4 HZ Provost well in Canada’s Alberta Province is now in production.The initial flow rate is 40 barrels per day of 14 API oil from the Dina...
View ArticleMako Energy says Provost well now in production
Mako Energy (ASX:MKE) said today the MKE 102 14-2-20-4 HZ Provost well in Canada’s Alberta Province is now in production. The initial flow rate is 40 barrels per day of 14 API oil from the Dina...
View ArticleEncana Corp's Duvernay shale wells to be eagerly followed by fellow explorers
Encana Corporation’s (TSE:ECA) announcement last week that it is to spud three wells in the Duvernay shale will be eagerly followed by other companies with acreage in this highly prospective area of...
View ArticleEncana Corp's Duvernay shale wells to be eagerly followed by fellow explorers
Encana Corporation’s (TSE:ECA) announcement last week that it is to spud three wells in the Duvernay shale will be eagerly followed by other companies with acreage in this highly prospective area of...
View ArticleMako Energy extends deadline for proposals for Duvernay and Rock Creek...
Mako Energy Ltd (ASX:MKE) has extended the deadline for parties to submit proposals for its interest in the Duvernay and Rock Creek lands in Alberta, Canada.The company also revealed in a statement...
View ArticleMako Energy’s new well brings total production to 80 barrels of oil...
Mako Energy’s (ASX: MKE) latest well is averaging 49 barrels of oil per day, bringing total corporate production to 80 barrels of oil equivalent per day.The 14-2 horizontal well in the Provost area of...
View ArticleMako Energy sells part of Duvernay acreage in Canada
Mako Energy (ASX:MKE) and its joint venture (JV) partners Kilgore and Transerv have sold their interest in eight sections of the Duvernay Formation of land in the Rimbey, Alberta area.The land, which...
View ArticleMako Energy selling more Duvernay acreage to focus on Rock Creek horizontal...
Mako Energy (ASX: MKE) plans to focus on its Rock Creek horizontal drilling campaign in Alberta, Canada, by selling additional acreage from its Duvernay Project.The company and its Alberta joint...
View ArticleMako proved reserves up 49% to 311,700 barrels of oil equivalent, plans...
Mako Energy (ASX: MKE) has increase its proved reserves by 49% to 311,700 barrels of oil equivalent (boe) on the back of successful drilling the Provost area in Alberta during the fourth quarter.Proved...
View ArticleMako Energy drilling more Provost wells in Alberta, targets additional heavy...
Mako Energy (ASX: MKE) has spudded the first of 3 wells that it is drilling in the Provost heavy oil field in Alberta this year and is also upgrading facilities at the field.Drilling of the well is...
View ArticleMako Hydrocarbons' cash flow poised to increase with new Alberta wells...
Mako Hydrocarbons (ASX: MKE) expects production from its Provost wells in Alberta to start before the end of this month, which will increase cash flow.Each Dina well has estimated NPV at 10% of A$0.7...
View ArticleMako Hydrocarbons appoints Malcolm Bult as its executive advisor
Mako Hydrocarbons (ASX: MKE) has appointed former Aurora Oil & Gas (ASX: AUT) commercial manager Malcolm Bult as its executive advisor as it moves to exploit its exposure in the Duvernay...
View ArticleMako Hydrocarbons completes primary facility upgrade at its Provost oil battery
Canadian focused Mako Hydrocarbons (ASX: MKE, OTC QX: MAEEY) has delivered oil production averaging 186 barrels per day during the initial start-up period at its upgraded Provost oil...
View ArticleMako Hydrocarbons pockets A$1.75 million from sale of interest in Alberta...
Mako Hydrocarbons (ASX: MKE) has sold a 40% working interest in the Duvernay Shale formation in about 4,000 gross acres of outlying land to its joint venture partner for A$1.75 million.The sale to the...
View ArticleMako Hydrocarbons earns ASX speeding ticket on 75% share price rise
Mako Hydrocarbons (ASX: MKE) has said in response to an ASX price and volume query that it was unaware of any material information that could have sparked the rise.Shares in the company rose to an...
View ArticleMako Hydrocarbons: DJ Carmichael places $0.41 share price target
DJ Carmichael has placed a buy recommendation on Mako Hydrocarbons and a $0.41 target - which is nearly triple the last traded price of $0.145. With ExxonMobil entering the Duvernay shale, the broker...
View ArticleMako Hydocarbons participating in first Duvernay shale well
Mako Hydocarbons (ASX: MKE) has spudded its first Duvernay well on its Rimbey, Alberta, acreage to evaluate the shale horizon.Operator Black Swan Energy is drilling the well as a commitment vertical...
View ArticleMako Hydrocarbons to sell non-core Provost heavy oil project
Mako Hydrocarbons (ASX: MKE) plans to sell its non-core Provost heavy oil project following a strategic review, with the company to now focus all of its capital expenditure on the Duvernay and Rock...
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