Diamond Offshore Drilling has filed a complaint to the United States bankruptcy court disputing Beach Energy’s termination of a $US65 million ($101 million) drilling contract in the Otway Basin, Victoria. Read more
Beach terminates Otway Basin rig contract
Beach Energy remains committed to the development of its Otway Basin gas reserves offshore Victoria despite terminating a rig contract. Read more
Lakes Oil prepares for onshore gas exploration return
Lakes Oil is encouraged that onshore gas exploration in Victoria has been recognised, with the company holding gas resources in the Gippsland and Otway regions.
Victoria lifts ban on onshore gas
The Victorian Government will today introduce two new bills that will see the freeze on onshore gas exploration and production lifted, and fracking banned for good. Read more
Cooper on verge of first gas at Sole
Cooper Energy expects to start supplying gas from its Sole project offshore Victoria into the Eastern gas pipeline by March. Read more
Cooper, Mitsui reveal Victorian gas field resource
Operator Cooper Energy has assessed the 2C contingent resource for the Annie gas field offshore Victoria in the Otway Basin. Read more
Beach increases budget for 2020 project development
Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled at a success rate of 83 per cent. Read more
Cooper secures Casino Henry gas contract
Cooper Energy has signed a gas supply agreement with O-I for the supply of one petajoule per annum for two years commencing January 2021. Read more
Extreme rainfall impacts Albany-1 ST1 joint venture
Vintage Energy (50 per cent) as operator of the STP 2021 joint venture with Metgasco (25 per cent) and Bridgeport Cooper Basin (25 per cent) has advised that the SLR Rig 185 has been fully demobilised from the site. Read more
High oil production pushes Beach’s strong company growth
Beach Energy is being commended by its managing director Matt Kay on its outstanding strong growth in its production activity, sales revenue and exploration. Read more