Leigh Creek reserves certified

Project operator Leigh Creek Energy (LCK) received a petroleum resources management system certificate of 1,153 PJ of 2P syngas reserves, which the company says is the largest gas reserve for commercial use on Australia’s east coast, outside of the Bowen/Surat and Gippsland basins. LCK said the 2P reserves are contained within one of three coal …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Gas shortage could hit Victoria in 2023–24

Last year, the Australian Energy Market Operator (AEMO) warned gas production declines in Victoria would cause shortfalls in 2021, but then later revised the date to 2030 after more supply became available. Now, The Australian is reporting AEMO will release its annual Gas Statement of Opportunities this week, with the report expected to mirror industry …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Indus goes ahead with New Era deal

Indus entered into an agreement to acquire 100 per cent of New Ear last year, with the company having now received in-principle approval from the Australian Securities Exchange on the transaction. New Era has farm-in rights to several oil and gas permits in southwest Queensland’s Cooper Basin and Indus said the company will be focused …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Red Sky acquires Innamincka licences

The sale and purchase agreement between the two parties has been approved by the South Australian Minister for Energy and Mining and the project’s licences have now been transferred to Red Sky. The company has received five 100 per cent owned and one 75 per cent owned petroleum tenements in SA’s Cooper Basin, located near …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Greenpeace queries NOPSEMA over Bight event

National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) CEO Stuart Smith will speak at a dinner event on Tuesday night hosted by the South Australian Parliament, which will discuss the potential drilling of oil prospects in the Bight. Bight exploration permit holder Equinor and a representative from the Australian Petroleum Production and Exploration Association …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Key executes Moomba gas deal

Key has entered into a memorandum of understanding (MoU) with Santos and its joint venture partner Beach Energy to cover proposed terms for the connection and transport of gas from Key’s Tanbar Gas Project into the gas gathering network and gas processing facilities at Moomba. The MoU will form a basis for the negotiation of …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Red Sky enters next stage of Innamincka purchase

Red Sky announced the application follows the amended to the sale and purchase agreement, the deadline of which had been delayed twice this year, which will see Beach continue to provide financial security for the licences. Should Red Sky not release from its financial obligations within six months then Beach will reclaim its interest in …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

AGL progresses SA power station

AGL is investing $295 million in the 210 MW fast-start gas plant to be built alongside the existing Torrens Island Power Station in the northwest suburbs of Adelaide. The new facility will replace part of the old Torrens Island station and AGL General Manger Gas and Renewables Operations Colin Mills said it would be capable …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.

Bight protesters fight Equinor plan

In addition to smaller simultaneous displays at local beaches around the country, more than 1,000 protesters turned out in the South Australian coastal town to paddle out into the water in objection to the Norwegian-based company’s recently publicised Bight drilling plan. Today we paddled out for the #GreatAustralianBight in Victor Harbor. @Equinor you are not …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.
Leigh Creek Energy

Leigh Creek hits commercial targets

LCK said it had achieved a peak flow rate of 8,913 m3/h at the Leigh Creek Energy Project (LCEP) pre-commercial demonstration plant, and now had sufficient information to upgrade a portion of the company’s resource upgraded to ‘reserve’ status. LCK Managing Director Phil Staveley said the company was the first to successfully operate in-situ gasification …
To access this post, you must purchase a subscription. If you have an existing subscription, please login here.