Sundance buys out Cooper Basin assets

The company yesterday confirmed the transfer of $15 million, an issue of 6 million Sundance shares as well as the assumption of a net working capital debt of $0.9 million for the acquisition. Sundance
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Capacity increase at Strike Energy’s Klebb wells

A statement to the ASX said the company’s exploration operations at its Southern Cooper Basin Gas Project had progressed significantly and that the two Klebb pumps were now running at about 60 per
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Beach Energy flags $449 million impairment charges

$A167 million worth of asset impairment charges after tax have been flagged for Beach Energy’s Nappamerri Trough Natural Gas (NTNG) Project, located in the Cooper Basin across South Australia and
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A tale of two states

While South Australia hosts the mighty Cooper Basin, boasting approximately 160 producing gas fields feeding into major production facilities at Moomba, just across the border in Victoria – a state
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Cooper Basin firms hit hardest by oil slump

The report said the significant impact of the lower oil price has increased the likelihood of the Cooper Basin becoming the “hotbed”? for future mergers and acquisitions. EnergyQuest chief
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Within striking distance

In an interview with Gas Today, Mr Wrench said Strike Energy’s Southern Cooper Basin Gas Project could be just months away from reaching steady production and the company’s MD is confident
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Senex performing well against market

The mid-cap explorer now has a healthy cash balance of $99.6 million, up by 87 per cent on the previous quarter. However, the company’s net production slid by 7 per cent, down to of 0.26 MMboe, with
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Commercialising Arrow’s mammoth CSG reserves

A 50/50 joint venture partnership between Royal Dutch Shell and PetroChina, Arrow produces CSG from fields in the Surat Basin in southern Queensland and the Bowen Basin in central Queensland. With about
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Australia’s land access new frontier

Mr Cotter and his team looked at 64 locations in Queensland that had been traversed by pipeline construction. It enabled them to gather a unique cross-section of the three different export pipelines covering
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