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News about Taroom

Stay current with all the latest and breaking news about Taroom, compare headlines and perspectives between news sources on stories happening today. In total, 9stories have been published about Taroom which Ground News has aggregated in the past 3 months.

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Omega Oil and Gas Boosts Taroom Trough Commercialisation Options on Removing Liquids Royalty

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Omega Oil and Gas Boosts Taroom Trough Commercialisation Options on Removing Liquids Royalty

Omega Oil and Gas reaches deal to extinguish legacy 3% gross overriding royalty interest over Taroom Trough assets Company to pay TAG Oil US$1m to remove the royalty Royalty removal grants company greater flexibility to pursue commercialisation options Special Report: Omega Oil and Gas has greater flexibility to pursue commercialisation of its Taroom Trough assets after reaching an agreement to extinguish a legacy 3% gross overriding royalty o…See the Story

Omega confirms extensive oil and gas system at Canyon in Taroom Trough

Taroom · Taroom

Omega confirms extensive oil and gas system at Canyon in Taroom Trough

Logging of Canyon-2 well confirms presence of extensive oil and gas system in Omega’s Taroom Trough acreage Result indicates thicker, higher-quality pay interval within target Canyon Sandstone that corresponds with tested zone in Canyon-1H Reservoir properties might improve further in eastern part of the Canyon project Special Report: Omega Oil and Gas has confirmed that an extensive oil and gas system is present across its Taroom Trough acrea…See the Story

Elixir launches strategic plan for Taroom Trough growth

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Elixir launches strategic plan for Taroom Trough growth

Elixir Energy has launched a three-phase strategic plan focused on advancing its position in Queensland’s Taroom Trough.The company said the plan was built around a fast-follower approach, leveraging surrounding development activity and investment.It aims to commence gas production and convert more than 150 BCF of 2C resources into 2P reserves by the end of 2027.The […] Thank-you for your interest in iQ Industry Queensland. We invite yo…Read Article

Elixir's new strategy: prove that it has more gas in QLD

Under the new management of former Strike Energy chief Stuart Nicholls, formerly Neil Young-led Elixir Energy (ASX:EXR) has unveiled its new strategic plan: a heightened focus on QLD’s Taroom Trough. Elixir, to remind, has been active in QLD for around two years when it moved back into Australia, taking a partial step away from its Nomgon project in the Mongolian Gobi Desert. The company has had most success, if you measure it in terms of shareh…Neil Young · Taroom Read Article

Prime Brigalow Belt country in the spotlight with very well-improved Malara

Discover Malara, a 1014ha property with prime graze and cultivation potential, hitting the auction block soon near Taroom.Property · Taroom See the Story

Elixir Energy's Young steps down as CEO; ex-Strike chief Nicholls to replace

Elixir Energy (ASX:CEO) jumped 35% on nearly $300,000 worth of trades on Monday afternoon as longtime CEO Neil Young stepped down from the role. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. That news was stashed in an announcement called “Preparing the Path to Development,” but clearly, the market liked the news. Replacing Young will be t…Taroom · Taroom Read Article

Xstate claims a piece of Taroom Trough gas action

Elixir Energy has struck a farm-in deal that will see Xstate Resources fully fund an exploration well at the Diona sub-block within its Taroom Trough tenements.Elixir and Xstate have earmarked the location of the exploration well, dubbed Diona-1, expected to be drilled in the third quarter of this year.Diona-1 is targeting a conventional gas accumulation […] Thank-you for your interest in iQ Industry Queensland. We invite you to purchas…Taroom · Taroom Read Article

Queensland’s Taroom Trough: A New Energy Frontier?

A flurry of drilling successes in Queensland’s Taroom Trough is generating excitement within Australia’s energy sector. Companies like Shell, Santos, Omega Oil & Gas, and Elixir Energy are unlocking what appears to be a substantial gas resource. Omega Oil & Gas recently reported unexpectedly high oil flows from its Canyon-1H well, leading to comparisons with major US basins like Eagle Ford and Wolfcamp. Elixir Energy also reported a new, deeper …Taroom · Taroom Read Article

Tri-Star sees echoes of game-changing US shales at Omega’s Canyon-1H discovery

Omega investor Tri-Star says the Canyon-1H is a material oil and gas discovery High pore pressures of Canyon Sandstone will help wells clean up faster and increase recovery factors Canyon compares very favourable with US unconventional liquids-rich shales Omega Oil & Gas raised more than a few eyebrows when its Canyon-1H horizontal well in the Taroom Trough, Queensland, flowed significant quantities of light oil along with gas rather than pump…Taroom · Taroom Read Article

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