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Whitebark Energy busy reviewing opportunities for the business

Whitebark Energy Ltd’s (ASX:WBE) David Messina speaks to Proactive's Andrew Scott soon after announcing they've increased their position at the Wizard Lake Oilfield following the renewal of a mineral lease. Messina says it's been a tough year for the business with the drop in oil price coupled with challenges around coronavirus however he's hoping they'll be back drilling there soon. He also updates on the sale/farm-out process of its non-core 100%-owned Warro gas field, 200 kilometres north of Perth, Western Australia.

Quick facts: Whitebark Energy Ltd

Price: 0.003 AUD

ASX:WBE
Market: ASX
Market Cap: $12.19 m
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Whitebark Energy raising funds to support field development and production...

Whitebark Energy Ltd's (ASX:WBE) David Messina provides an update on the company's Wizard Lake Operations in Canada and the current partially underwritten entitlement issue to raise $A3 million announced last week. These funds will support Wizard Lake improvements and land...

on 6/7/20

2 min read