EXPLORATION

Aussies continue US exploration

TARGET Energy has hit a winner at its Highway-71 prospect in Texas while fellow Aussies Austin Exploration, Emerald Oil & Gas and Elk Petroleum also announced positive news regarding their projects.

Target Energy Target Energy has said the Merta-1 well over the Highway-71 prospect in Wharton County, Texas, has flowed about 1.1 million cubic feet of gas and 12 barrels of oil per day. Target, which...

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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.

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