Gas

Company news: Quadrant, Valmec, APPEA and more

Quadrant Energy has hired Macquarie Capital and Citigroup to assist with its initial public offering due later this year, according to the Australian Financial Review (AFR). The AFR’s Street Talk section
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Santos completes McKinlay campaign

The campaign comprised four horizontal wells and two vertical wells, and was designed to develop the McKinlay Member reservoir, which is a proven producer. The
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HIMA secures Ichthys contract

HIMA will be responsible for supporting INPEX in maintaining the safety instrumented systems on Ichthys LNG including the supply of parts, and services to
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Beach hits its targets

Located immediately south of the Middleton gas facility, the Largs-1 exploration well intersected reservoir sands of sub-commercial quality and was sidetracked in a north-westerly direction. The sidetrack
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Strong energy exports continue

LNG exports The report highlights that the value of Australia’s LNG exports is forecast to increase from $22 billion in 2016-17 to $36 billion in 2018-19, driven by higher
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UTEC wins Greater Enfield survey work

The work scope includes pre-lay surveys, onshore dimensional control, survey and positioning associated with installation of rigid and flexible flowlines, umbilicals, jumpers, flying leads and subsea
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State Gas reveals promising results

The three wells flow-tested and sampled were Primero-1, Aldinga North-1 and Reid’s Dome-4, which were all drilled between 11 and 25 years ago and are located in the northern half of PL 231. Despite
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Valmec’s successful equity raising

With the shares priced $0.25 per share, the placement was significantly oversubscribed and will introduce a number of leading Australian institutional investors to Valmec’s
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