Falcon Oil & Gas and joint venture partner Origin are progressing to the stage 3 work program in the Beetaloo Sub-Basin, Northern Territory. 2022 will see Falcon and Origin progress to stage 3 of the work program of the restarted farm-out agreement, which will include the drilling, fracture stimulation and extended production test of two …
Origin Energy has made Andrew Thornton general manager for integrated gas, and the search is now underway for Woodside’s new CFO as Sherry Duhe pursues other opportunities. The following appointments have been made. Andrew Thornton, GM, Origin: Origin Energy has appointed Andrew Thornton as executive general manager for integrated gas, with responsibility for Australia Pacific LNG’s …
Origin Energy reported a 69 per cent rise in first-quarter revenue from its share in the Australia Pacific liquified natural gas (APLNG) project, benefiting from higher prices. Outlined in its quarterly report, a surge in LNG prices to record levels has helped Origin and other energy firms in recent months as demand rises on the back of a pick-up in global economic activity. Origin said …
Empire Energy’s subsidiary Imperial Oil & Gas has entered into grant agreements with the Australian Government to offset 25 per cent of the cost of its seismic acquisition and the drilling, fracture stimulation and flow testing of three horizontal appraisal wells in the Beetaloo Basin. The wells are located in its 100 per cent owned …
Tamboran Resources and its joint venture partner Santos have drilled to a total depth at the Tanumbirini 2H (T2H) well in the Northern Territory. The well, located in EP 161, was derailed to 4598 metres after successfully completing the horizontal section in over 1000m of the Mid-Velkerri B shale. Managing director and CEO Joel Riddle …
Empire Energy has signed an agreement with Pangaea to acquire its Beetaloo sub-Basin portfolio in the Northern Territory. As part of the binding sale and purchase agreement, Empire will acquire an operated 82.5 per cent interest in five tenements across the Beetaloo. Managing director Alex Underwood said this confirms Empire’s operated acreage, prospective resources and …
Origin Energy and Falcon Oil & Gas are set to commence production testing of two wells and drill a new vertical pilot well at their joint venture in the Beetaloo sub-Basin, Northern Territory. Outlined in the company’s 2021 work program, the JV plans to resume clean-up operation of Kyalla 117 N2-1H-ST2 and commence an extended …
Australia’s gas-fired recovery has taken another step forward with the launch of grants aimed at supporting exploration of the Northern Territory’s Beetaloo Basin. Federal Minister for Resources, Water and Northern Australia Keith Pitt said $50 million in grants would be provided through the Beetaloo cooperative drilling program. “The program is expected to deliver approximately 10 …
Empire Energy chief executive officer Alex Underwood has described the Australian Government’s Beetaloo Strategic Basin Plan as a “brilliant initiative”. The plan, which was released in January, outlines how the Beetaloo development projects could produce 6000 jobs by 2040, with the gas produced from large-scale Beetaloo development potentially suppling a variety of gas markets. “We …
Netherland, Sewell & Associates (NSAI) has undertaken an independent resource report for Empire Energy’s EP187 tenement in the Beetaloo Sub-Basin, Northern Territory, using the results of the Carpentaria-1 drilling program. Following completion of the evaluation program of the Carpentaria-1 well core and wireline data by W.D. Von Gotten & Co, NSAI found that the reservoir …
