Operator · Permian Basin
Target Energy Limited
19 articles mentioning Target Energy Limited
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 Project.
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.
Target Sees Complications in Permian Deal with Aurora
Target is in ongoing discussions with Aurora to resolve the matter.
Target Sees Encouraging Results in Permian Basin; Talks Ops
Managing Director, Laurence Roe commented: "Both Homar #1 and Wagga Wagga #2 are now on pump and initial flow rates look encouraging. "
Target Talks Status of Multiple Permian Wolfberry Wells
Managing Director, Laurence Roe commented on the operations: "We remain very active."
Target Zips Up Frac Ops at Well Targeting Wolfberry Play
Following the conclusion of drilling at Homar #1, the drill rig will immediately move to the Ballarat lease.
Target Completes Wolfberry Well
Both of these projects are part of the company's Fairway Project in West Texas.
Target's Sydney #2 Well Flow Rate Continues to Rise; Nears TD at New Well
At Sydney #2, production has now exceeded 520 BOEPD (415 BOPD plus 640 mcfgd).
Target's Permian Well Flow Rate Jumps 25%; Drilling Begins at BOA 12 #2
Managing Director, Laurence Roe commented on the increase in production at Sydney #2: "We are delighted with the 25% increase in production at Sydney #2."
Target Energy's Midland Well Flowing According to Expectations
Sydney #2 is presently flowing at 316 BOEPD (270 BOPD with 277 mfcgd) from the Fusselman Formation.
Target Energy Initiates Testing Program at Permian Basin Project
The Company is progressing a number of supplementary funding options for the 2014 Fairway drilling program.
Poor Weather Hinders Target's Permian Basin Projects
The Fairway Project partners designed the well completion program in December 2013 but were unable to effect the completion due to poor weather.
Target Energy Spuds Wolfberry Well; Preps to Run Casing
The well, the Sydney #2, is part of Target's Fairway Project.
Target Advances Duo of Wolfberry Well Projects; IDs Pay Zone
The two wells are part of Target's Fairway Project.
Target Preps to Frac Wolfberry Well with 'Strong' Potential
Preparations are underway to fracture stimulate zones within the Wolfberry interval in the Darwin #3 well.
Permian-Focused Target Energy Lists Stock on OTCQX
The Permian-focused company will trade under the the symbol "TEXQY."