Cooper Energy has signed a gas supply agreement with O-I for the supply of one petajoule per annum for two years commencing January 2021. The gas will be supplied from the company’s equity share of production
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Lakes Oil plots return to petroleum exploration
Lakes Oil has been encouraged by the Australian Government movement to promote development of southwestern Australian onshore gas resources.
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Oil Search set to abandon Gobe prospect in PNG
Oil Search has continued a drilling program at the Gobe Footwall 1 ST1 well in Papua New Guinea with unsuccessful results. The well, which was spudded in November last year, reached a total depth of 4370
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Doreimus pulls pin on Rey agreement
Doriemus has confirmed that it has provided a notice of withdrawal to Rey Resources for the block L15 farmout agreement onshore Western Australia in the Canning Basin. Rey announced in March last year
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Shell seizes production at Prelude after electrical fault
Shell has suspended production at the Prelude floating LNG vessel offshore Western Australia after its reserve power generation failed. The Prelude FLNG facility experienced an electrical trip last Sunday,
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Bounty reports more success at QLD appraisal program
Bounty Oil & Gas is optimistic about the latest activities at the Naccowlah block joint venture in southwest Queensland. The JV has successfully drilled Jarrar 8 to 609 measured depth below
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Vintage, Comet JV resists operational restart after rainfall
Comet Ridge and Vintage Energy have kept onsite operations at the Galilee Basin Deep joint venture in Queensland suspended following last week’s heavy rainfall. Operator Comet Ridge (70 per cent)
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Key reveals 2020 drilling plans
Key Petroleum is preparing for another dynamic year after a strong finish to 2019 that included the completion of ATP 920 and Ace Area farmout agreement with Pancontinental Oil & Gas for drilling in
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Naccowlah block exceeds Bounty expectations
Bounty Oil & Gas is celebrating continued success during the 2020 oil appraisal program at the Naccowlah block in southwest Queensland. Located in the Cooper-Eromanga Basin and covering an area of
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Metgasco progresses gas discovery during promising quarter
Metgasco has reflected on a December quarter where it made strong progress in a number of areas, including a big focus on the company’s high impact, onshore Cooper-Eromanga and Perth Basin assets. The
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