Red Skye Energy locks in SA government approval for Killanoola

Armour awarded Cooper Basin block

Armour Energy has advised that Cordillo Energy has secured Block CO2019-3, petroleum exploration licence application (PELA) 677 (Block C) in the Northern flank of the Cooper Basin, South Australia. Block C forms one of five hydrocarbon exploration licence blocks released for competitive bidding by the South Australian Department of Energy and Mining (DEM) in 2019. …
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Leigh Creek takes on Cooper Basin exploration licences

Leigh Creek Energy (LCK) has been awarded two petroleum exploration licence applications (PELAs) within South Australia’s Cooper Basin. The two PELAs (675 and 676) were identified during the 2019 South Australian Cooper Basin average release by the Department for Energy and Mining, with both areas in the acreage release known as CO2019-A and CO2019-B. Leigh …
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Vintage closes in on Cooper Basin block permit

Vintage Energy has secured the bid for Block E in the south west of the Cooper Basin in South Australia. Block CO2019-E (Block E) forms one of five hydrocarbon exploration licence blocks released for competitive bidding by the South Australian Department of Energy and Mining (DEM) in 2019. With an appropriate land access agreement in …
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SA road project to benefit resources industry

The South Australian Government has announced a $10 million investment to seal the first 50km of the 472km Strzelecki Track, beginning immediately north Lyndhurst. The project is set to be one of South Australia’s biggest regional road projects and will create at least 31 jobs during construction, commencing in the third quarter of the year. …
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Leigh Creek succeeds with environmental monitoring

Leigh Creek Energy (LCK) has completed 12 months of environmental monitoring at its flagship project in South Australia following the finalisation of its pre-commercial demonstration (PCD) operations. The company has submitted the results to the Department for Energy and Mining for its review. LCK announced last week that it had been granted approval by the …
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Leigh Creek secures licence to move towards commercialisation

Leigh Creek Energy (LCK) has been granted approval by the Department for Energy and Mining for a petroleum retention licence (PRL) for its flagship project in South Australia. The PRL provides LCK with security of tenure, providing a direct pathway to a petroleum production licence (PPL) and further provides a step forward on the way …
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Valmec progresses SA hydrogen project

Valmec has hit another milestone at the $11.4 million Hydrogen Park project in South Australia as part of its contract with Australian Gas Networks (AGN). The project, which is part of the Australian Gas Infrastructure Group (AGIG), had its development application approved in September 2019, with ground broken on-site by South Australia Premier Stephen Marshall …
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Leigh Creek on track to commercialise flagship project

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. As a result, if funds are raised under the SPP, the company will be able to undertake geotechnical evaluation and pre-feasibility studies for the South Australian …
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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. As part of the proposed agreement, Doriemus would acquire Coera, an asset base that the company was initially excited about. However, with current global conditions deteriorating due to low …
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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.  To ensure the company is in a stable condition, the director and management are implementing a number of actions to preserve shareholder funds, whilst maintaining the positive business progress achieved over …
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