Tag: WEL

Winchester Energy ASX WEL east permian basin oil field texas Bast

Bast well workover provides ‘strong encouragement’ for Winchester Energy

Restart of Winchester Energy’s (ASX: WEL) field work at its East Permian Basin oil acreage in Texas has already generated encouraging results after a workover of Bast #1. Winchester has completed a...
Winchester Energy ASX WEL restart exploration Texas oil leases Bast Deep 2021

Winchester Energy to restart exploration and development across Texan oil leases

Winchester Energy (ASX: WEL) is poised to restart exploration and development at its Texan leases including drilling the Bast Deep prospect, followed by more drilling in the Mustang oil field and a wo...
Winchester Energy ASX WEL reserves resources 2021 update oil gas

Winchester Energy updates reserves as oil prices buoy performance

Texas oil and gas operator Winchester Energy (ASX: WEL) reports that a reserves and resources audit places its total proved, probable and possible (3P) reserves at 495,800 barrels of oil equivalent (b...
Winchester Energy rising global oil prices ASX WEL December 2021

Winchester Energy buoyed by rising global oil prices

Texas producer Winchester Energy (ASX: WEL) netted $503,876 in the December quarter, a result assisted by recovering global oil prices. Its average sale price per barrel of oil was US$37.81. Oil...
Winchester Energy tests Bonus Sands play Texas oil gas project ASX WEL

Winchester Energy starts tests on Bonus Sands play at Texas oil and gas project

Winchester Energy (ASX: WEL) will begin work this week on what it has described as a potentially “transformational” test of the Bonus Sands unit within its White Hat 3801 oil well in Texas. The pro...
Winchester Energy WEL ASX Three Fingers Shale well oil bonus sands

Winchester Energy targets Texas oil that previous explorers may have missed

Winchester Energy (ASX: WEL) is planning a “transformational” test of what it calls the Bonus Sands play within its White Hat oil well in Texas, United States. The Three Fingers shale at the White ...
Winchester Energy ASX WEL low cost oil well Cisco Sand White Hat

Winchester Energy steps up Texas production — re-entering oil well, connecting more wells for gas

Winchester Energy (ASX: WEL) will re-enter an existing oil well, White Hat 2004, by the end of the week and re-complete it for production from a previously untested zone. The company is also moving...
Winchester Energy ASX WEL Permian Basin Texas low cost oil production

Winchester Energy implements cost saving strategies for Mustang oil field

The current COVID-19 crisis and a recent collapse in oil prices has seen Australian onshore exploration and production company Winchester Energy (ASX: WEL) make moves to increase efficiencies and pres...
Winchester Energy ASX WEL oil reserves resources increase

Winchester Energy books Permian Basin oil reserves, lifts resources

US-focused oil and gas player Winchester Energy (ASX: WEL) has announced a significant upgrade to its East Permian Basin oil reserves and resources following a recent independent estimate. The onsh...
Winchester Energy ASX WEL Texas oil gas production

Winchester poised to benefit from oil price bounce with expanded production base, $5.4m in cash

Winchester Energy (ASX: WEL) has significantly expanded its Texas production base in just over 12 months as well as adding two new production horizons. The company is now poised to benefit from imp...
Winchester Energy ASX WEL White Hat 20 6 oil production

Winchester Energy produces oil from White Hat 20#6, Lightning oil field advances

Texas-focused oil and gas explorer Winchester Energy’s (ASX: WEL) White Hat 20#6 well has been fracture stimulated and is now producing oil. The well is located in Texas’ Permian Basin and effectiv...
Winchester Energy virus outbreak ASX WEL coronavirus

Winchester Energy well positioned to withstand virus outbreak

Texan oil producer Winchester Energy (ASX: WEL) said it is well positioned to withstand the recent sharp drop in oil prices due to the spread of the COVID-19 virus. It is also poised to benefit fro...
Winchester Energy ASX WEL wireline logs confirm substantial oil pay White Hat

Winchester Energy confirms substantial oil and gas shows at newest well in Mustang field

Wireline logging of a newly-drilled well at Winchester Energy’s (ASX: WEL) Mustang oil field in Texas has demonstrated “good to excellent” oil and gas shows and some of the highest levels of porosity ...
Winchester Energy acquisition additional acreage oil east Permian Basin Texas

Winchester Energy scoops up Bast oil field next to existing McLeod Ranch acreage

Winchester Energy (ASX: WEL) has scooped up a 92% interest in the Bast oil field in Texas’ east Permian Basin. The acreage is contiguous to Winchester’s existing McLeod Ranch oil field and hosts th...
Winchester Energy ASX WEL quarterly report December 2019 weekly barrels oil per day

Winchester Energy posts increases in revenue and oil production

Texas-focused oil producer Winchester Energy (ASX: WEL) has revealed another strong period of growth for the December 2019 quarter, recording significant increases in revenue and oil production. Th...
Winchester Energy ASX WEL McLeod Lightning oil gas Texas

Winchester Energy continues Texas oil field exploration success at McLeod 17#3 well

Winchester Energy’s (ASX: WEL) exploration success has continued into the new year, with its latest McLeod 17#3 well encountering 124 feet of potential pay and “excellent” oil and gas shows. Situat...
Winchester Energy Mustang oil field well gas Strawn Sand ASX WEL

Winchester Energy’s latest Mustang well achieves ‘excellent’ oil and gas shows

Winchester Energy’s (ASX: WEL) latest Mustang well White Hat 39#2 has achieved “excellent” oil and gas shows, with the well now reaching its total depth and wireline logs indicating 30 feet of gross p...
Winchester Energy oil Lightning well ASX WEL Lower Cisco sands

Winchester Energy encounters further oil in Lightning well

Onshore oil producer Winchester Energy (ASX: WEL) has perforated an additional oil zone above the current producing intervals of the Lower Cisco sands in its Lightning discovery well in Texas. At t...
Winchester Energy ASX WEL December spud dates Lightning Mustang oil wells

Winchester Energy eyes December spud dates for new Lightning and Mustang oil wells

US-focused oil producer Winchester Energy (ASX: WEL) is pushing on with its Permian Basin exploration plans following a recently announced $6.4 million capital raising, with two wells expected to spud...
Winchester Energy ASX WEL placement oil exploration production

Winchester Energy tops up coffers to accelerate oil production and exploration in Permian Basin

Winchester Energy (ASX: WEL) will raise $6.4 million to fast-track its exploration and production activity in Texas’ Permian Basin. The company has received firm commitments to from institutional a...
Winchester Energy ASX WEL oil production increase East Permian Basin Texas October 2019

Winchester Energy achieves record production high from East Permian Basin oil properties

Onshore oil producer Winchester Energy (ASX: WEL) has achieved record oil production figures from producing properties within its 17,266-acre lease position in the East Permian Basin of Texas. Foll...

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