Santos hits Cooper Basin high for first time in nine years

Santos has reinforced that it is well-positioned for a lower oil price environment, with production levels from current assets expected to maintain a steady rate for the next four to five years without any new growth projects. Read more

Metgasco shifts focus to priority projects

Metgasco has updated its focus on certain projects in response to the COVID-19 pandemic and rising tensions between OPEC and non-OPEC oil producers, which have created a sharp drop in prices. Read more

Bounty confirms additional QLD appraisal program

Bounty Oil & Gas is taking the next steps of a five-well oil appraisal program with its joint venture partners at the Cooroo Northwest oilfield, Naccowlah Block in southwest Queensland. Read more

BP, Santos strike carbon agreement for Moomba

BP and Santos have entered into an agreement that could lead to a $20 million investment from the British major in support of the Australian company’s Moomba carbon capture and storage (CSS) project in South Australia. Read more

Oilex adds a month to Cooper-Eromanga deal

Oilex has extended the period to satisfy the conditions for the acquisition of 27 petroleum retention licenses (PRLs) in the Cooper-Eromanga Basins from Senex Energy. Read more