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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 29/06/18

1 year TSR5 year TSR
5thTungsten Mining1940%30%
305thGlobal Energy Ventures26%88%
601stEntek Energy-19%-30%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/05/18
$0 Issued
08/02/18
$23k Bought
06/02/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

223rd↓Global Energy Ventures$133k
267th↓Tungsten Mining$49k
270th↑Windward Resources$46k
271st↑Entek Energy$46k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Global Energy Ventures

324thPaul Garner$365k
909thJack Toby$104k
Ranked by total remuneration from all listed WA companies

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