Molly Hancock

Metgasco progresses gas discovery during promising quarter

Metgasco has reflected on a December quarter where it made strong progress in a number of areas, including a big focus on the company’s high impact, onshore Cooper-Eromanga and Perth Basin assets. The company reported that drilling commenced at the Vali-1/Vali-1 ST1 exploration well in ATP2021 in mid-December. Following a gas discovery in mid-January, with over …
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Triangle lifts production at Cliff Head

Triangle Energy managing director Rob Towner has commended the company’s commitment to increasing production and reserves at its Cliff Head oil asset in the Perth Basin, Western Australia. The company produced and sold 73,663 barrels of oil at Cliff Head in the December quarter, an increase of 3 per cent against the previous quarter. Located …
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PNG drops P’nyang deal with ExxonMobil

The Papua New Guinea Government has reportedly pulled the plug on negotiations with ExxonMobil in regards to developing the P’nyang gas project following the company’s “unwillingness to agree to reasonable terms”. The P’nyang field was key to helping feed the expansion of Exxon’s PNG LNG plant, which it operates alongside joint venture partners Oil Search …
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Pancontinental flags Cooper Basin drilling program

Pancontinental Oil & Gas has reflected on a December quarter where the company formalised a farmin over two exploration permits onshore Queensland. The ATP 920 and the Ace Area of ATP 924 permits are in the Cooper-Eromanga Basin and have been identified as prospective for both oil and gas. Pancontinental, in a December quarter update …
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Santos, Beach JV leads to Qenos ethane deal

South Australian-based oil and gas companies Santos and Beach Energy have announced the extension of ethane gas supply to manufacturer Qenos as part of a Cooper Basin joint venture. Moomba partners Santos (operator, 66.6 per cent) and Beach (33.4 per cent) produce sales gas, ethane, crude oil and gas liquids from the Cooper Basin. The …
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Spiecapag, Seymour Whyte secure Central Coast pipeline contract

The Central Coast Council has awarded a contract for construction of the multi-million Mardi to Warnervale pipeline to joint venture partners Spiecapag and Seymour Whyte. Named as one of New South Wales’ most significant coastal infrastructure project, the $61 million pipeline is set to boost water supply to the Central Coast’s rapidly growing northern suburbs …
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Blue continues work on alternate pipeline route

Blue Energy has highlighted an extension of its memorandum of understanding (MOU) with APA Group for the Bowen Basin gas pipeline route in Queensland as a key activity for the company during the December 2019 quarter. The MOU executed between APA and Blue in 2017 to investigate the pipeline route options from Moranbah to the …
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Woodside has awarded Valaris Limited

Cue exploration at Ironbark-1 progresses

Cue Energy has reflected on a positive 2019 which wrapped up by having the NOPSEMA public consultation period for its Ironbark-1 exploration well environment plan offshore Western Australia completed. Located in the Carnarvon Basin, Cue has identified Ironbark as the primary candidate for drilling and estimates that it holds a success case best technical estimate …
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Fortescue pipeline to play role in Pilbara energy project

Fortescue Metals Group will leverage its Fortescue River gas pipeline as part of the $US450 million ($666 million) Pilbara Generation Program, the next stage of its Pilbara Energy Connect Program in Western Australia. The Pilbara Energy Connect project builds on the Chichester Solar Gas Hybrid project that Fortescue announced last year. Fortescue secured a landmark …
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Doriemus takes on Oilex assets in Cooper-Eromanga

Doriemus has signed an agreement to acquire Oilex’s oil and gas assets in the Cooper-Eromanga Basin in South Australia. According to a Doriemus statement, the Britain-based oil and gas company will acquire 100 per cent of the issued capital of CoEra, a wholly-owned subsidiary of Oilex, through the binding heads of agreement. The deal also …
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