Leigh Creek Energy (LCK) is set to progress through the next phase of a commercial pathway for its Leigh Creek Energy project (LCEP) following the announcement of new funding.
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Doriemus, Oilex fail to reach Cooper-Eromanga agreement
Doriemus has not been able to secure an agreement to acquire Oilex’s interests in the Cooper Basin, despite a revised deal structure being arranged in March. Read more
Leigh Creek Energy executives take pay cuts to strengthen 2020 outlook
Leigh Creek Energy has reviewed the impacts of COVID-19 on the company’s financial position and resources, resulting in salary reductions and reassessing its expenditures. Read more
McConnell Dowell introduces new GM
McConnell Dowell has appointed Mario Russo to the newly-created position of general manager for South Australia and Western Australia. Read more
Santos increases focus on Moomba CCS project
Santos has reinforced its commitment to investing in carbon capture and storage (CCS) as a key priority in the company’s future. Read more
BP, Santos strike carbon agreement for Moomba
BP and Santos have entered into an agreement that could lead to a $20 million investment from the British major in support of the Australian company’s Moomba carbon capture and storage (CSS) project in South Australia. Read more
Oilex adds a month to Cooper-Eromanga deal
Oilex has extended the period to satisfy the conditions for the acquisition of 27 petroleum retention licenses (PRLs) in the Cooper-Eromanga Basins from Senex Energy. Read more
Icon pursues partner to boost QLD projects
Icon Energy has placed emphasis on its Queensland petroleum projects, ATP 594 and ATP 855, with the aim of securing a joint venture partner and launching a new farmout campaign. Read more
EnergyQuest, APPEA express Equinor disappointment
EnergyQuest chief executive Graeme Bethune and APPEA South Australia director Matthew Doman believe Equinor’s decision to abandon drilling in the Great Australian Bight will be a setback for the oil and gas industry’s growth. Read more
Vintage JV sets Odin as new target following farm-in
Vintage Energy has executed the farm-in agreement for the PRL 211 licence on the South Australian side of the Cooper-Eromanga Basins, with its main target being the Odin structure. Read more