pcm_admin

Camden completes second SIS well

The well intersected the Upper Permian Bulli seam at the measured depth of 871 metres with an average thickness of approximately four metres. The total length of the well is approximately 2,032 metres,
Read More

Origin wins second Canterbury permit

Origin Energy Executive General Manager for exploration, Rob Willink, said the company had acquired the new permit after achieving encouraging seismic results from large basement structures off the Otago
Read More

Oil Search seeks new partner for PNG project

At the PNG Mining and Petroleum Investment Conference in Sydney, Oil Search General Manager (Gas Commercialisation) R.G. Marcellus gave a presentation outlining the company’s future plans for its
Read More

Vector scores Maui gas

The gas was secured under Vector’s agreement relating to Right of First Refusal (ROFR) for Maui Gas with the Maui Joint Venture parties. Vector’s chief executive Mark Franklin welcomed the
Read More

ARC Energy increases Canning Basin assets

The company acquired the producing Blina and associated oilfields, as well as surrounding exploration acreage from Canadian company Golden Dynasty Resources for a consideration of $A2.8 million and a
Read More

Kipper enters FEED

Under the new arrangements, the joint venture participants have agreed on the key terms and conditions for operating the Kipper development, including the processing of the gas and the formal establishment
Read More

Accept the final cash offer: AIH

AIH chairman Mark Barnaba told shareholders “The independent directors of AIH intend accepting Alinta’s offer in the absence of a higher bid. However, please be assured that the intention
Read More

Santos to purchase Cooper Basin interests

Santos hopes to purchase VFI’s 65 per cent interest in PEL 103 for just over $A10 million and its 50 per cent in ATP 543P South for approximately $A11.4 million — a total purchase price of
Read More

Looking to LNG for PNG

ExxonMobil’s project executive Peter Graham said “World energy demand, the global LNG market and LNG technology have changed significantly and it is appropriate to assess whether LNG might
Read More

QGC partners with AGL

AGL will take a cornerstone investment of 27.5 per cent for up to $A292 million and will also enter into a 540 PJ, 20-year gas supply agreement with QGC, among other arrangements, which will allow AGL
Read More