Search results for: whl

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  • 27 May 2014

    Australian energy company WHL Energy Limited has completed a financing agreement to raise A$3.2 million.

  • 27 May 2014
    Business & Finance, Project & Tenders

    Australian energy company WHL Energy Limited has announced it has completed a financing agreement to raise A$3.2 million. The capital raised via the cash advance term loan facility will be utilised to fund WHL Energy’s ongoing activities including the current interpretation of 3D seismic data acquired over the VIC/P67 La Bella permit, offshore Victoria, and potential corporate […]

  • 5 April 2012
    Business & Finance

    WHL Energy Ltd, an ASX listed oil and gas company, has resolved to raise up to approximately $7.940 million through the placement of up to 180,450,000 ordinary shares at 4.4 cents per share to Australian and International institutions along with sophisticated and professional investors (“the Placement”).  WHL Energy received very strong support for the Placement […]

  • 8 June 2011
    Business & Finance

    Australian energy company WHL Energy Limited welcomes the Seychelles Petroleum Company Limited (“SEYPEC”), 100% owned by the Republic of Seychelles Government, as a strategic cornerstone shareholder following settlement of the transaction announced to the market on 23 May 2011. SEYPEC has invested A$2,080,000 in WHL Energy to acquire 65 million WHL Energy ordinary shares at […]

  • 14 May 2015

    Australian energy company WHL Energy Limited (WHL Energy) has received new funding support providing for a commitment of $4 million from New York-headquartered investment firm Magna Equities II, LLC (Magna). According to the press release, WHL Energy will have immediate access to $125,000 of those funds which will enable the company to maintain activity at […]

  • 18 April 2011
    Business & Finance

    Australian energy company WHL Energy Limited has signed a new agreement with Fugro Data Services AG (“Fugro”) and Geomahakarsa Ltd for the acquisition of additional seismic over its highly prospective offshore Seychelles exploration interests. WHL Energy has elected to commission a further 887km of 2D seismic acquisition over the Creole lead in Area 3 of […]

  • 9 December 2014
    Project & Tenders

    Australian energy company WHL Energy received an interim PreSTM data set for the Junon 3D seismic survey, offshore Seychelles, in mid-November and has started interpretation of this data. The company said that the initial interpretation indicates that potentially large structures are present at Junon East, Junon Central and Junon South, although Junon South appears to have higher […]

  • 16 April 2014
    Business & Finance, Project & Tenders

    Australian energy company WHL Energy Limited announced that the Republic of the Seychelles has signed formal documentation approving Ophir Energy plc’s previously reported farm-in to WHL Energy’s large offshore Seychelles exploration position. Under the agreement Ophir is farming-in to earn a 75% interest in WHL Energy’s offshore Seychelles petroleum exploration project area. Vice-President Danny Faure […]

  • 16 April 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Australian energy company WHL Energy Limited informed that the Republic of the Seychelles has signed formal documentation approving Ophir Energy plc’s previously reported farm-in to WHL Energy’s large offshore Seychelles exploration position. Under the agreement Ophir is farming-in to earn a 75% interest in WHL Energy’s offshore Seychelles petroleum exploration project area. Vice-President Danny Faure […]

  • 16 October 2014
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited has received the initial “fast-track” data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. This post-stack migration volume is an intermediate product in the Pre-Stack Time Migration (PreSTM) processing of the 1,528 km2 Junon 3D seismic survey. An initial review […]

  • 4 April 2014
    Business & Finance

    Australian energy company WHL Energy Limited has received notice that regulatory approvals will be granted for the previously reported farm-out agreement with Ophir Energy pic (“Ophir”). Under the agreement Ophir is farming-in to earn a 75% interest in WHL Energy’s offshore Seychelles petroleum exploration project area. Under the terms of the farm-out agreement, final approval was required from the […]

  • 9 October 2012

    WHL Energy provided an update on activities related to the WA‐460‐P exploration permit in which the company holds a 33.3 per cent interest. Industry reports and field monitoring anticipate that the Palta‐1 exploration well, located in adjacent Exmouth sub‐Basin permit WA‐384‐P, will spud within the next seven to eight days. Mobile Offshore Drilling Unit, “Noble […]

  • 19 December 2014
    Business & Finance, Project & Tenders

    Australian energy company WHL Energy Limited has received notification from Peedamullah Petroleum (AWE) stating it will not proceed as part of the VIC/P67 Joint Venture.  The VIC/P67 permit is located in the Otway Basin, offshore Australia and it contains the undeveloped La Bella gas discovery and multiple near-field exploration targets. WHL Energy previously identified 14 prosects […]

  • 20 November 2012

    Australian energy company, WHL Energy said that one of the company’s joint venture partners in the Palta prospect in permit WA‐460‐P, has lodged a prospectus with the Australian Securities and Investments Commission. The prospectus dated 9 November contains an Independent Geological Evaluation report prepared for Cott Oil & Gas Limited by Sablet Pty Ltd. The […]

  • 22 March 2012
    Project & Tenders

    WHL Energy said that the Commonwealth – Victoria Offshore Petroleum Joint Authority has offered the Company the 2011 Australian Acreage Release block V11-2, which contains the La Bella gas field and several offset gas prospects and leads. The Company has formally resolved to accept the offer and the block is expected to be gazetted in […]

  • 9 October 2012

    In response to numerous shareholder and market enquiries and continued speculation, WHL Energy Ltd is providing an update on activities related to the WA‐460‐P exploration permit in which the Company holds a 33.3 per cent interest. Industry reports and field monitoring anticipate that the Palta‐1 exploration well, located in adjacent Exmouth sub‐Basin permit WA‐384‐P, will […]

  • 29 December 2014

    Australian energy company WHL Energy Limited has agreed to grant an extension to Tap Oil Ltd for the election date of the seismic option to acquire a 10% interest in exploration permit VIC/P67, offshore, until the close of business 13 February 2015. VIC/P67 lies in the offshore Otway Basin, approximately 200 km WSW of Melbourne, Victoria.  During […]

  • 16 December 2015
    Business & Finance, Operations & Maintenance, Research & Development

    Wave Hub Ltd (WHL), the site operator for the Wave Hub wave energy test site in Cornwall, has contracted MarineSpace to provide project management support to help push forward the development of its new wave and tidal demonstration zones. WHL was awarded the seabed leases for the Pembrokeshire Wave Demonstration Zone and North Devon Tidal […]

  • 3 November 2016
    Business & Finance

    WHL Energy is selling its last oil and gas asset which is located offshore Australia thus changing its focus from oil and gas to “internet of things”.  WHL entered into a conditional Sale and Purchase Deed with Austral Exploration for the sale of the company’s 100% interest in Exploration Permit VIC/P67. Exploration Permit VIC/P67 is […]

  • 18 April 2011
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited announced that it has signed a new agreement with Fugro Data Services AG and Geomahakarsa Ltd for the acquisition of additional seismic over its highly prospective offshore Seychelles exploration interests. WHL Energy has elected to commission a further 887km of 2D seismic acquisition over the Creole lead in Area […]

  • 18 October 2013
    Business & Finance, Project & Tenders

    Australian energy company WHL Energy Limited announces that is has received initial approval from the Seychelles regulatory authority PetroSeychelles regarding an extension to the existing Amended and Restated Petroleum Agreement (ARPA) over the Company’s Seychelles exploration interests. The extension requires WHL Energy to secure a farm-in partner by 31 January 2014 and is consistent with […]

  • 9 December 2013
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited (“WHL Energy” or “the Company”) reports that the La Bella 3D seismic survey, being acquired by CGG’s state-of-the-art seismic vessel Viking II, is 78% complete and on target to be completed around December 12th. To date 52 prime lines of a planned total of 60 lines have been fully […]