The facility is secured at an annual interest rate of LIBOR plus 6.5 per cent and terminates at the end of 2017.
In addition, if
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Oil Basins successfully renews Cyrano
The lease was successfully renewed following confirmation from the Western Australia Department of Mines and Petroleum, who granted renewal for a period of five
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Blue progressing on Bowen pipeline link
The proposed pipeline will connect Blue Energy’s gas reserves in the Bowen Basin, Queensland, to the southern market.
Included in the discussions are the most
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Ramping up in the Bass Strait
The project achieved initial sale under budget, with production ramping up to full rate.
The Longford Gas Conditioning Plant will process gas associated with the
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Production drops but sales up for Senex
Net production for the second quarter of FY17 was 0.20 MMboe, down 5 per cent on the previous quarter.
Net sales volumes jumped 5 per
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GLNG boosts Santos’ results
Santos boasted record annual LNG sales volumes of 2.8 MMt, up 89 per cent due to the ramp up of GLNG and strong performance
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Empire finds success at RGN-1
The results indicate the well has found a potentially commercial hydrocarbon accumulation.
Flow rates of up to 419 bbl of condensate per day and 1.27
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Company news: Transerv, Cooper, Armour, Chevron
Transerv Energy has had its work program for the Warro Gas Project approved as part of the farm-in from Joint Venture partner Alcoa.
Transerv also
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Transerv’s Warro Project gearing up for 2017
The first stage of the program will focus on reviewing the recent well results from Warro-5 and -6 in conjunction with the information gathered from Warro-3 and -4 to identify sand(s) that are likely
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East Timor to terminate oil and gas treaty
The dispute over the maritime border has been heard in the Permanent Court of Arbitration in The Hague, following accusations of espionage levelled against
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