Saturday, May 18, 2013
Displaying 1 - 10 of 653 articles
Senex Energy has found a major gas field close to the Moomba-Sydney gas pipeline. The company has identified up to 2.9 trillion cubic feet (Tcf) of prospective resource in a conventional stratigraphic reservoir, including 141 billion cubic feet (Bcf) of 1C contingent resource, in a new gas field named Hornet.
LNG Ltd has said that in the event of PetroChina withdrawing its bid to acquire WestSide, the company will now pursue the option of gas supply directly from Westside due to the location and quality of their resource. The company will also continue to work with PetroChina Australia, under the August...
Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia. The four licences EPP 37, 38, 39 and 40 are located in the frontier Ceduna Sub Basin within the Great Australian Bight, off the coast...
PetroChina has withdrawn its bid to acquire 100 per cent of the shares in Brisbane based coal seam gas producer WestSide. WestSide said that the Chinese firm has withdrawn from the negotiations "because the general situation in Australia has changed so much". PetroChina announced its intention...
Planet Gas Limited has announced its withdrawal from coal seam gas activities in New South Wales, Australia. Under farm-in agreements with Leichhardt Resources, Planet Gas had the rights to earn 50% equity in three PELs at Bylong (PEL 468) and Shoalhaven (PEL 469) in the Sydney Basin and at Mooki (PEL...
Armour Energy spudded the Egilabria 2 well in its 100% owned ATP 1087 in Queensland on Sunday. A six stage hydraulic stimulation of the Egilabria 2 DW1 well will be conducted in July 2013 to test the shale gas production potential of the Lawn Hill Formation. Armour Energy believes...
Beach Energy and Chevron have satisfied all conditions precedent for the transfer of interest of former to latter in PEL 218 and ATP 855. In February this year, Chevron agreed to acquire working interest in two of Beach Energy’s onshore gas blocks covering an estimated 810,000 acres in the...
Tangiers Petroleum has approved the final terms of its Farm-Out Agreement with CWH Resources Limited and Ansbachall Pty Limited covering two of Tangiers’ Australian exploration permits. Farm-Out Agreement will be executed by the parties at a signing ceremony to be held during the week commencing...
Central Petroleum has completed the farm-out transaction with Total pertaining to the three Queensland permits covered by their farm-out agreement for the shale gas exploration of approx. 6 million acres in the Southern Georgina Basin. The farm-out agreement announced in November...
Greenpower Energy Limited has said that it has completed the data acquisition on the Badgingarra 2D Seismic Survey at Greenpower’s EP 447 in the northern Perth Basin. The company is exploring for conventional and tight gas. Under an agreement finalised in September 2011, U.S. private equity group...