Forte Energy Ltd
Forte Energy Limited, formerly IPB Petroleum Limited, is an Australia-based oil and gas exploration company.
The business
Forte Energy Limited, formerly IPB Petroleum Limited, is an Australia-based oil and gas exploration company. The Company has a 100% interest in the petroleum exploration permits located in the Browse Basin: WA-424-P. The Browse Basin is located north of Broome, offshore, Western Australia, and covers an area of approximately 140,000 square kilometers (km2). The WA-424-P permit contains three wells, including Gwydion-1, Caspar-1A, and Pryderi-1. The Company's subsidiaries include IPB WA 424P Pty Ltd and IPB Exploration Pty Ltd.
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Forte Energy Completes Acquisition of Large Oil Lease Position in Alaska
Forte Energy clinches 143,368-acre Alaska NPR-A lease position; 2026 suspension cuts ~$430k fees, fueling farmouts as Harrier targets >1B barrels.
Fe Ltd snaps up half of advanced Yarram iron ore project in Northern Territory
Tony Sage’s Fe Ltd (ASX: FEL) has boosted its bulging portfolio with the addition of a 50% stake in the Yarram iron ore project in the Northern Territory. It represents a step outside Western Australia, where Fe has its other projects. Yarram was subject to drilling in 2014 by the former listed junior Territory Resources […]
Fe stumbles across cobalt discovery in copper drill target at Kasombo in DRC
Fe Limited (ASX: FEL) has stumbled across cobalt in a drill hole that was targeting copper but abandoned due to driller error at its Kasombo 5 prospect – part of the company’s Kasombo copper project in the Democratic Republic of Congo. The drill hole had been deserted prior to hitting the copper target zone due, […]
Fe’s first drill hole at Kasombo 5 returns thick, high-grade copper
Fe Limited (ASX: FEL) has struck thick high-grade copper from its first drill hole at Kasombo 5, part of the company’s 50%-owned Kasombo project in the Democratic Republic of Congo. The drill hole revealed two mineralised zones with the first 23m at 3.18% copper, with a 10m interval grading 5.18% copper. The other zone hit […]
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