Central Petroleum

Central Petroleum, Santos to explore NT, QLD

Central Petroleum has announced that its joint venture with Santos as operator has been approved for projects based in Queensland and the Northern Territory. Central Petroleum holds exploration and appraisal permits across the NT and QLD, and has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers throughout …
New Zealand Oil and Gas (NZOG)

NZOG to raise equity by up to $22 million

New Zealand Oil and Gas (NZOG) has entered agreed to a 1-for-2.7625 renounceable rights offer at $NZ0.42 per share, which will raise the ASX-listed company’s equity by $NZ25 million ($22,880,112). This increase in capital will allow NZOG to take part in explorations and produce assets in Australia and New Zealand by investing in growth projects. …

Cue’s NT drilling faces delays

Cue Energy is continuing planning for quarter one of 2022 for the Palm Valley and Dingo exploration well drilling program in the Northern Territory. In December last year the Ensign Rig 963 was contracted by the permit operator (Central) to drill Palm Valley -12/12A and Dingo-5 in the Amadeus Basin. The Rig was expected to …

Mereenie, Palm Valley, Dingo bolster Cue

Cue Energy Resources has advised that the acquisition of Mereenie, Palm Valley and Dingo production assets in the Amadeus Basin, onshore Australia, was completed at the beginning of the month, adding to its growing production.    Outlined in the company’s latest quarterly report, production to Cue, which includes attributable onshore Australia, averaged approximately 1970 barrels …

APA presents updated Amadeus pipeline arrangement

APA Group subsidiary APT Pipelines has submitted a revised access arrangement for the Amadeus gas pipeline (AGP) in the Northern Territory to the Australian Energy Regulator (AER). The AGP is a bi-directional transmission pipeline that extends from the Amadeus Basin in the south of the Northern Territory to Darwin in the north, transporting natural gas …
Mid-West Geothermal Power project

Central nears Amadeus Basin farmout decision

Central Petroleum has advanced to the final phase of the farmout process to fund an Amadeus Basin exploration program in the Northern Territory. Following the farmout process being initiated in January, the company received sustained interest from local and international industry participants, in spite of the impact of COVID-19. Central has now chosen to advance …

Central, AGIG join forces for new Amadeus to Moomba pipeline

Central Petroleum has signed an agreement with Australian Gas Infrastructure Group (AGIG) and Macquarie Mereenie to progress a final investment decision (FID) for the Amadeus to Moomba gas pipeline (AMGP). The AMGP is a proposed new gas transmission pipeline that would provide direct access from the Amadeus Basin in the Northern Territory to the Moomba …

Central progresses work at Range, Amadeus

Central Petroleum has continued to focus on progressing its growth activities, including the Range gas project in Queensland and the Amadeus project in the Northern Territory, during the June quarter. The Range project, a joint venture between Central (50 per cent) and Incitec Pivot Queensland Gas (50 per cent), is a 77km2 tenement (ATP 2031) …

Santos, Central Petroleum move ahead with Dukas prospect

Joint venture partners Santos and Central Petroleum have reached an agreement on their plan for the multi-trillion cubic feet Dukas gas prospect in the Amadeus Basin, Northern Territory. As part of the plan, the joint venture will assess various options and their costs to intersect the target formation using specialised high-pressure equipment, with the two …

Central development projects come to a standstill

Central Petroleum is anticipating that there won’t be any material impact on its production capacity, but due to the extraordinary market conditions the company has introduced a strong focus on the resilience of the business. The company has advised that its operations are financially resilient, however, depressed oil and gas prices do have an impact …