Beach Energy has advised that OMV, operator of the Tawhaki-1 exploration well in the Great South Basin offshore New Zealand, has reached a target measured depth of 2980m at the prospect. Read more
Beach increases budget for 2020 project development
Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled at a success rate of 83 per cent. Read more
High oil production pushes Beach’s strong company growth
Beach Energy is being commended by its managing director Matt Kay on its outstanding strong growth in its production activity, sales revenue and exploration. Read more
Horizon marks strong end to 2019
Horizon Oil has completed another encouraging calendar year across its international operations with production of 1.6 million barrels, which resulted in revenue of $US111 million ($161 million). Read more
Beach acquires share in offshore NZ project
Beach Energy has reached an agreement with OMV GSB to acquire a 30 per cent participating interesting in exploration permit PEP50119 in the Great South Basin offshore New Zealand.
Jadestone “building momentum” after steady quarter
The company reported a net revenue for the quarter ending 30 September 2019 of US$62.5 million (AU$92.32 million), a 46 per cent drop from Read more
Oil spill adds pressure to Tamarind
The NZ EPA has served Tamarind, which is currently in voluntary administration, Read more
OMV sells NZ interest for US$50m
NZ oil company could be insolvent
The company is the 100 per cent owner and operator of NZ’s Tui, Pateke and Amokura oil reservoirs in the Tui Area field, located Read more
