Strong oil prices are underpinning strong April performances among ASX oil juniors.

Bass Oil (ASX:BAS) says it’s getting prices not seen since 2014, and Fremont Petroleum (ASX:FPL) says strong prices mean it’s now cash flow positive.

Oil prices and therefore the attention the sector is receiving have been rising since July last year.

Prices rallied to multi-year highs on Wednesday, a day after President Donald Trump announced plans to withdraw the US from the Iran nuclear deal, but analysts say the news had largely been priced in already.

In April, Bass’s Indonesian joint venture sold 17,958 barrels of oil at an average price of $US65.57 per barrel. Production for the month stood at 16,994 barrels.

That price was 9.6 per cent higher than in March.

Fremont said it produced 3336 barrels in April in total from two fields in Colorado and Kentucky — up 40 per cent on March after work-overs of producing wells bought some wells back on stream.

“As we grow production, cash flow will continue to strengthen. We are now cash flow positive and we want to enhance this position by extracting maximum production from our fields,” president and CEO Timothy Hart said.

Where Fremont is bringing old wells back up to scratch, Bass is looking for acquisitions.

It’s scouting onshore Indonesian oil projects that are close to existing production infrastructure and expects to make a purchase this year.

Bass shares were flat at 0.4c and Fremont’s ere up 12.5 per cent to 0.9c.

Here’s a table showing how ASX-listed oil juniors have performed so far this year (Jan-May). Swipe or scroll for more data:

ASX Code Company Price change 2018 (Jan-May) Price May 9 (intraday) Market Cap Regional focus
MPO MOLOPO ENERGY 0 0.14 -- US
AOK AUSTEX OIL 0 0.017 -- US
EEG EMPIRE ENERGY 2.36363636364 0.037 45.5M Aust US
BAS BASS OIL 1 0.004 10.4M Asia
CVN CARNARVON PETROL 0.734693877551 0.17 175.0M Aust
ATS AUSTRALIS OIL & 0.695652173913 0.39 357.5M US
88E 88 ENERGY 0.6 0.04 203.9M US
BYE BYRON ENERGY 0.557692307692 0.405 280.8M US
HZN HORIZON OIL 0.526315789474 0.145 188.8M Asia
LKO LAKES OIL 0.5 0.003 55.2M Aust
TAP TAP OIL 0.280701754386 0.073 31.9M Aust
KEY KEY PETROLEUM 0.25 0.01 14.8M Aust
EXR ELIXIR PETROLEUM 0.175675675676 0.087 19.3M US
OEL OTTO ENERGY 0.175438596491 0.067 105.6M Asia
BRU BURU ENERGY 0.169230769231 0.38 168.5M Aust
TDO 3D OIL 0.166666666667 0.07 16.6M Aust
BRK BROOKSIDE ENERGY 0.166666666667 0.014 13.8M US
FPL FREMONT PETROLEU 0.142857142857 0.008 5.4M US
COE COOPER ENERGY 0.0909090909091 0.36 584.4M Aust
ELK ELK PETROLEUM 0.0571428571429 0.074 103.5M US
GBP GLOBAL PETROLEUM 0.030303030303 0.034 6.5M Africa
OEX OILEX 0 0.004 7.5M Aust Asia
TMK TAMASKA OIL & GA 0 0.003 5.9M US
EMP EMPEROR ENERGY 0 0.003 2.7M Aust
FDM FREEDOM OIL AND 0 0.3 282.2M US
JKA JACKA RESOURCES 0 0.002 921.7k Africa
PSA PETSEC ENERGY 0 0.105 34.0M US
SSN SAMSON OIL & GAS 0 0.002 4.9M US
NEW NEW ENERGY SOLAR (listed Dec 2017) -0.0442176870748 1.405 468.5M Aust
CUE CUE ENERGY RES -0.0555555555556 0.068 47.5M Aust Asia
AJQ ARMOUR ENERGY -0.06 0.094 36.9M Aust
BUL BLUE ENERGY -0.0967741935484 0.14 144.4M Aust
SEA SUNDANCE ENERGY -0.105263157895 0.068 432.7M US
ICN ICON ENERGY -0.107142857143 0.025 14.9M Aust
EOR ENHANCED OIL & G -0.111111111111 0.008 7.9M Asia
AVD ANTILLES OIL AND -0.130434782609 0.02 3.3M US
BUY BOUNTY OIL & GAS -0.142857142857 0.006 5.7M Aust
MEL METGASCO -0.173913043478 0.057 22.7M Aust
IPB IPB PETROLEUMI -0.181818181818 0.009 1.4M Aust
AOW AMERICAN PATRIOT -0.2 0.028 6.9M US
KPL KINA PETROLEUM -0.252631578947 0.071 27.2M Asia
REY REY RESOURCES -0.254237288136 0.22 46.7M Aust
WBE WHITEBARK ENERGY -0.272727272727 0.008 6.9M Aust
TPD TALON PETROLEUM -0.285714285714 0.005 5.1M US
ABL ABILENE OIL AND -0.3 0.007 2.8M US
JPR JUPITER ENERGY -0.32 0.068 10.3M Asia
MAY MELBANA ENERGY -0.333333333333 0.01 18.3M US
TEG TRIANGLE ENERGY -0.344 0.082 17.2M Aust
HE8 HELIOS ENERGY -0.394366197183 0.043 60.8M US
WOF WOLF PETROLEUM -0.6 0.008 5.5M Mongolia
WEL WINCHESTER ENERG -0.65 0.035 10.3M US
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