Company news

Company news: CKI, AGL, Strike and more

A CK Infrastructure Holdings-led consortium (CKI) has lodged a $13 billion takeover bid for APA Group, owner and operator of some of Australia’s key
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Jaws ready for completion

Analysis of the pre-processed microseismic data shows positive indication of a successful fracture stimulation campaign. Since the stimulation, an increased water response at Klebb-1 and Klebb-2 has also
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Paul Adams steps down at Jemena

Mr Adams will be succeeded by Frank Tudor, who was until recently CEO of Horizon Power in Western Australia. Mr Adams will continue as Managing
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AGL secures Crib Point jetty agreement

AGL has signed Work, Lease and Berthing and Jetty Agreements with the Port of Hastings Development Authority (PHDA) for the long-term use of Crib
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CKI launches APA bid

The bid values APA shares at $11 per share and permits a distribution not exceeding $0.24 per stapled security payable in respect to the six months to 30 June 2018. At this stage, the APA Board makes
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Easternwell sign drilling contract

The contract, valued at $8.9 million, involves the drilling of two wells to depths of 4,000 m and 4,300 m using Easternwell’s Rig 106. “We are pleased to work with Origin on this
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Repsol sells PNG interests

This will include Repsol’s 40 per cent interest in the Elevala/Ketu and Stanley fields, which are the foundation fields for the standalone gas aggregation project, Western LNG. The Western LNG Project,
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Prelude cooling down

The Gallina, an LNG carrier from Singapore, carried out the import that will allow Shell to test processes and systems before the subsea wells are opened at startup. It’s the first time
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IPB renews WA-424-P

Having satisfied all requirements associated with WA-424-P’s primary and secondary work programs, IPB lodged an application for renewal and partial relinquishment of the permit in March 2018. IPB
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