Armour Energy has secured an agreement to acquire all of Oilex’s oil and gas interests in the Cooper-Eromanga Basin. Read more
Doriemus, Oilex fail to reach Cooper-Eromanga agreement
Doriemus has not been able to secure an agreement to acquire Oilex’s interests in the Cooper Basin, despite a revised deal structure being arranged in March. 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
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
Icon pursues partner to boost QLD projects
Icon Energy has placed emphasis on its Queensland petroleum projects, ATP 594 and ATP 855, with the aim of securing a joint venture partner and launching a new farmout campaign. Read more
Vintage JV sets Odin as new target following farm-in
Vintage Energy has executed the farm-in agreement for the PRL 211 licence on the South Australian side of the Cooper-Eromanga Basins, with its main target being the Odin structure. Read more
Doriemus secures funds to progress Oilex deal
Doriemus has conditionally raised $4.5 million in funding that will help it acquire Oilex’s oil and gas assets in the Cooper-Eromanga Basin in South Australia. Read more
Comet, Vintage JV delay operations at Albany due to severe wet weather
Comet Ridge and Vintage Energy have decided to demobilise equipment from the Galilee Basin due to the magnitude of Queensland’s wet weather. Read more
Jarrar 8 appraisal program reaches completion
Bounty Oil and Gas has reported that the Jarrar 8 well at the Naccowlah Block in south-west Queensland has been cased and suspended as a potential Birkhead Zone producer.