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
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More
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
Read More
Read More