Victoria releases VGP report

Victorian Minister for Resources Tim Pallas launched the report with Victoria’s Lead Scientist Amanda Caples at the Core Library in Werribee on Friday last week. The key findings of the Progress
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Cooper commences Casino mobilisation

The rig will be towed to the Casino Henry gas project, located in VIC/L 24 and VIC/L 30, where a workover of the Casino-5 well is to be undertaken. On completion of the workover, Ocean Monarch
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Supply imbalance needs to be addressed: ACCC

The east coast gas market is at a crossroads and the only real choice is to address the fundamental supply problem, particularly in the south. The supply situation is most stark in the case of the southern
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AEMO calls for more supply

With average consumption of 50 GJ/a, Victorians use more gas for cooking, heating and hot water than households in any other state across Australia. Gas is also critical for power generation. Due to Hazelwood’s
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Cooper awarded Gippsland permit

The permit adjoins the company’s VIC/L21 licence which holds the depleted Patricia-Baleen gas field and its associated subsea production infrastructure. The exploration permit is located in close
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Sole drilling progresses

The progress of Sole-3 has been affected by interruptions brought by heavy weather, With Cooper deciding to batch drill the top-holes of Sole-3 and Sole-4 to optimise workflow. This decision is expected
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New exploration areas released

The 2018 acreage release comprises 21 areas located across six sedimentary basins in Commonwealth waters offshore of Western Australia, South Australia, Victoria and the Ashmore and Cartier Islands. Sixteen
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Sole-3 reservoir complete

The 97 m near-horizontal reservoir section of the well has now been completed, with the production string being installed and testing and preparations for well flow back to commence soon. The well is expected
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AGL considering Bass Strait

In September, it was revealed Exxon had plans to sell its 50 per cent stake in the Gippsland Basin oil and gas development,
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