Operator · Permian Basin
Target Energy Limited
Acquired in May 2014 by Victory Energy Corporation. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerOTC-Markets:TEXQY
- AddressWest Perth Washington
- Phone61 8 9476 9000
- Acquired byVictory Energy Corporation
Acquisition chain
Forward & backward M&A lineage
- Target Energy Limited (this company)
- Victory Energy Corporation
Drilling activity
No activity recorded
No active rigs
Operations transferred to Victory Energy Corporation. Live rig records sit under the successor.
Recent activity
Target Energy Slaps Victory, Aurora with Lawsuit
The suit charges that Aurora, acting by and through its general partner, Victory, breached its obligation to purchase certain of TELA Garwood's interests in the West Texas Fairway...
Target Energy Puts 2015 CapEx Program on Hold
As previously advised, the Company commenced the process of divesting its Permian Basin assets in December.
Company Taps Scotia Waterous for Potential Permian Sale
The operator believes that with this divestment it can unlock shareholder value that is currently not reflected in its share price.
Target Fracs Well Targeting the Wolfberry; Plans Follow-Up
Managing Director Laurence Roe commented, "The stimulation program at Taree 193 #1 went well, with oil and gas shows appearing on the third day of flow-back."
Target Marks Progress at Three Permian Well Projects
All of the wells are part of the company's Permian Basin Fairway Project.
Latest news mentioning Target Energy Limited
Deals
Closing Announcement - July 2, 2014 Victory Energy Corporation has reported that Aurora Energy Partners, a consolidated subsidiary of…
Permits
No active permits
Operations transferred to Victory Energy Corporation. Live permits sit under the successor.