Armour locks in funds for Northern Australia work

Armour Energy has raised $11.5 million to fund its proposed Northern Basin business demerger, exploration, and production and maintenance activities at the Kincora project in Queensland. The funds, raised through a private placement, will cover the transaction costs associated with progressing the Northern Basin business demerger and initial public offering (IPO) of McArthur Oil & …
santos signs natural gas deal

Origin snags Wallumbilla hub gas deal with Blue Energy

Blue Energy has executed a 10-year agreement with Origin Energy to supply 300 petajoules (PJ) of gas from its Northern Bowen Basin coal seam tenure in Queensland to Wallumbilla. The non-binding heads of agreement (HOA), the second executed by Blue Energy, facilitates the delivery of North Bowen Basin gas into the main east coast domestic …
mtpa

Agreement sparks beginning of Gladstone hydrogen ecosystem

A hydrogen ecosystem in Gladstone, Queensland, is a step closer after a number of companies signed a memorandum of understanding (MOU). Sumitomo Australia, Gladstone Ports Corporation (GPC), Gladstone Regional Council (GRC), Australian Gas Networks (AGN), as part of the Australian Gas Infrastructure Group (AGIG), and CQUniversity Australia (CQU) have joined forces to explore opportunities to …

Glenaras workover rig on route for end of month: Galilee

Galilee Energy has reported that the Glenaras multi-well pilot in Queensland has been producing strongly, with the average gas rate maintaining 50 million standard cubic feet per day (Mscfd).  The company outlined that the gas measurement from the recently installed separator is still constrained, with the project to remove it being impacted by recent wet …

State Gas cracks the code at Reid’s Dome

State Gas has advised that the Nyanda-4 well, part of its Reid’s Dome project in Queensland, has provided exceptional results, producing 620,000 cubic feet. The company is currently undertaking production testing of three coal seam gas (CSG) wells in the Nyanda area at Reid’s Dome in order to appraise the area for early development. The …

Shell reduces Queensland Curtis ownership

Shell has confirmed that it has completed the sale of a 26.25 per cent interest in the Queensland Curtis liquefied natural gas (QCLNG) common facilities to Global Infrastructure Partners Australia. The company’s subsidiary QGC Common Facilities sold the interest for $US2.5 billion ($3.25 billion), following the receipt of regulatory approval. The sale was announced on …

Santos to develop more domestic gas for Qld

Santos has been given the green light by the Queensland Government for a new Surat and Bowen Basin project that will see more gas made available for the domestic market. Resources Minister Scott Stewart said the company has been granted an authority to prospect (ATP) over a 764km2 parcel of land 65km east of Surat, …
well drilling

Pure Hydrogen hits Venus milestone

Pure Hydrogen has advised that the stimulation of Venus 1 in the Surat Basin, Queensland has been completed. The well, which is a coal seam gas (CSG) Walloon pilot well, is located on the company’s 100 per cent owned project Venus. As a result of the stimulation, Pure Hydrogen found material improvement in water influx, …

Hydrogen funding open for Qld

Queensland plans to position itself at the forefront of renewable hydrogen by opening the second round of the hydrogen industry development fund. The Queensland Government committed a further $10 million in funding in December last year to help the state tap into growing global demand for hydrogen. “We’re investing in this industry to create more …

Senex signs gas supply agreement with CleanCo

Senex Energy will supply 2.55 petajoules (PJ) of natural gas to CleanCo Queensland in 2022 after the two companies signed a new agreement. The one-year domestic gas sales agreement starts on January 1, 2022, bringing Senex’s total contracted volumes with CleanCo to more than 5.1 PJ over the 2020-22 calendar years. Gas will be supplied …