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
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Central Petroleum more than doubles gas sales
Central Petroleum has increased its gas sales volumes by 135 per cent in the December 2019 half year against the same period a year earlier. The company’s performance was driven by the start of
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Strong gas flows at Central’s Palm Valley 13
First encountered at a depth of 1.8 km, gas flows increased steadily and the well tested at 13.6 million standard cubic feet per day.
Central stated that it did not recover water or oil during the test,
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Developing the Top End’s gas industry
Whereas development in the Northern Territory and Timor Sea region had previously focussed on oil or wet gas, increasing liquefied natural gas (LNG) prices have propelled gas exploration in what had been
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NT gas exploration permit rejected
In its new guidelines, the Northern Territory Government has advised that it will not grant acreage release and exploration permits where there is a land use conflict. This means areas of agriculture,
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Australia’s gas exploration and production opportunities
In a period of rapid growth, it is essential that Australia’s vast gas resources are developed fast enough to keep up with demand, both domestic and international.
With the opening up of Australian
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Beach snaps up Lattice
Lattice Energy was Origin’s upstream oil and gas business, with the acquisition transformational for Beach as it will significantly enhance its scale and create a leading ASX-listed oil and gas company
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Mereenie gets to go ahead
The JV reached the agreement after receiving approval from the Australian Competition and Consumer Commission (ACCC) for joint marketing arrangements.
The JV agreed and signed Authorities for Expenditure
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Joint marketing approved at Mereenie
The ACCC released a draft determination for a joint marketing arrangement on Friday last week for the Mereenie oil and gas field in the Amadeus Basin in the Northern Territory.
In order to allow the development
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NT fracking moratorium lifted
Mr Gunner said implementation of the recommendations of the final report of the inquiry would now begin so that Territorians could benefit from the creation of new jobs while protecting our unique natural
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