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Titan secures $US50m funding for exploration

Shares in Perth-based oil and gas explorer Titan Energy have surged on news it has signed a $US50 million funding deal with an undisclosed US-based investor to pursue drilling programs at its Allen Dome oil project in Texas.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
319thTanami Gold-10%6%
423rdLion Energy-25%-20%
575thTasman Resources-45%9%
666thGlobal Energy Ventures-56%-12%
667thEden Innovations-56%33%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/02/19
$0 Bought
13/02/19
$0 Other
13/02/19
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

99th↑Tasman Resources$1.4m
100th↑Lion Energy$1.4m
101st↑Global Energy Ventures$1.3m
102nd↑Eden Innovations$1.3m
103rd↑Tanami Gold$1.3m
487 listed resources companies ranked by revenue.
Source: Morningstar

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