Winners and Losers: Local shares buoyant on interest rate optimism
Shares in listed South Australian-based companies were largely positive last week amid optimism that interest rates have peaked.
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Shares in listed South Australian-based companies were largely positive last week amid optimism that interest rates have peaked.
Carbon-free yachting is in near sight with fuels like hydrogen becoming go-to sustainable fuels. Here's why experts say it will be complicated.
The resumption of oil production in Canada sent Whitebark's price up nearly 70 per cent last week.
Whitebark Energy Ltd (ASX:WBE) continues to take steps aimed at retaining the Wizard Lake Oil & Gas Project in Alberta, Canada, as it maintains encouraging production rates. Earlier in the year, the company’s 100%-owned Canadian subsidiary, Salt Bush Energy Ltd (SBE), filed a Notice of Intention to Make a Proposal pursuant to Subsection 50.4(1) of the Canadian Bankruptcy and Insolvency Act. Whitebark intends to retain the Wizard Lake asset and, via its subsidiary Ironbark Energy (IBE), has bid C$2 million comprised of C$336,000 in cash and C$1,664,000 in forfeit of an existing loan made by...
Whitebark Energy appoints interim CEO to progress acquisition of Wizard Lake Oil Field and plan for its future The company is encouraged by Dr Simon Brealey’s oil and gas reputation and his ability to find, review, and see through to development unconventional assets in numerous global locations. The new appointment has more than 30 years of experience in onshore and unconventional oil and gas asset exploration and development. Whitebark Energy Ltd (ASX:WBE) has appointed Dr Simon Brealey to the role of interim chief executive officer (CEO) to assist in progressing the acquisit...