✕
MARKETS

Fotios backs Target renewal

PERTH dealmaker Michael Fotios has ridden to the rescue of struggling Permian Basin player Target Energy, with a further $1.65 million in funding to allow the junior to workover its Fairway asset with the aim of prettying it up for sale.

Haydn Black
Fotios backs Target renewal

Target has been trying to sell Fairway in Texas since late 2013, but its sale plans were deep-sixed by the collapse in the oil price and a winding back of drilling in what is one of the world's most prolific...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

Allseas hits key milestone in Santos Barossa pipelay project

2
EXPLORATION

Empire Energy raises A$46.8mn to drill in Beetaloo

3
OPERATIONS

High Court slams appeal court handling of CKJV vs Chevron

4
POLICY

Gorgon Fund to support WA decarbonisation plans

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login