Subiaco-based Australis Oil & Gas has held its ground on its ASX debut, following completion of a $30 million initial public offering earlier this month.
SPECIAL REPORT: The dramatic rise and fall of iron ore producers and the recent surge in gold and lithium stocks have been highlighted by a historic review of WA's major listed companies.
SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.
The team behind Western Australian success story Aurora Oil & Gas has quietly completed a $24 million private placement, the first capital raising for their new oil and gas play, three months after acquiring their first assets in Portugal.
Two Melbourne-based foreign exchange brokerage founders have been named the Ernst & Young 2014 Australian Entrepreneurs of the Year, with Aurora Oil and Gas founder Jonathan Stewart also being named one of six category winners.
Oil and gas dealmaker Peter Allchurch has teamed up with fellow Aurora Oil & Gas founder John Kenny, and Houston-based geologist Neville Henry, to list US-focused shale oil hopeful Winchester Energy.
Westoz Investment Company stated that it almost tripled its reported profit in the 2014 financial year, with an increase in after tax profit from $7.4 million last year to $21.2 million.
SPECIAL REPORT: The gold and technology sectors have experienced a boost in investment activity for the March quarter, but doubts remain over whether it will last.
The directors of US-focused Aurora Oil & Gas have recommended that shareholders accept a $1.84 billion takeover offer from Canadian oil company Baytex Energy.
Oil and gas entrepreneur Peter Allchurch is set to become a major shareholder in Perth company TW Holdings after striking a deal to sell a Texas shale oil project to the listed company.
Once seen as an attractive capital source for Australian companies, regulatory hurdles in Canada combined with depressed global markets have dampened enthusiasm for dual listings.
Fresh from announcing plans to develop the Iron Valley mine in the Pilbara, Mineral Resources has become the eleventh Western Australian company in the S&P/ASX 100 Index.
IN 2005, when many oil and gas majors were exploring offshore, a group of Perth-based businessmen took a different tack by entering into unconventional onshore oil and gas in the US.
The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.
Far away from the carnage in the iron ore sector, directors at select Western Australian companies in the gold, oil and gas and engineering sectors are being handsomely rewarded through the exercis
WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f
Aurora Oil and Gas has announced it will be elevated into the S&P/ASX100 index later this month, making it the 11th WA-based firm to join the top 100 listed companies in Australia .
ASX and Toronto-listed Aurora Oil and Gas has beefed up its holding in the highly-prospective Sugarloaf shale gas field in the United States, snapping up a 6 per cent stake for $US95 million ($95.3
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.