News

ACCC not to intervene is sale of SPI assets

The assets being sold by Singapore Power include the TXU retail business, a long-term lease over the Torrens Island Power Stations in South Australia, a one-third interest in the SEA Gas pipeline, the
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Moranbah gas production ramps up

The gas production rates are continuing their rise towards full first year contract delivery volumes of approximately 38 TJ/d, which CH4 is confident will be achieved before July. Gas sales to Enertrade
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Promising results at Mahalo gas project

The most likely volume is estimated to be in excess of 400 Bcf. Comet Ridge is now planning a three well drilling program, designed to further assess the commercial viability of the project, during the
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Sakhalin Energy reroutes offshore pipelines

The pipelines, which will link two production platforms in the Piltun-Astokhskoye field off Sakhalin Island to shore, will be moved 20 km south of the original location, away from the key feeding area
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Arun field resumes normal production

An ExxonMobil Oil Indonesia spokesperson said “There was no impact on the liquefied natural gas (shipment) schedule.” BPMIGAS deputy chief for operations, Trijana Kartoatmodjo added “Arun
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First production at Mutineer-Exeter

The $A440 million project achieved first production three years after the drilling of the Norfolk 1 well, which confirmed the commerciality of the Mutineer-Exeter fields. The project has been delivered
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Promising results at Pluto-1

Woodside announced yesterday that the exploration well Pluto-1 had reached a total depth of 3,300 m, indicating a gross gas column of approximately 209 m – which could translate to reserves of up
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ESC decision for Victorian gas rollout

In December 2004, SPI submitted a proposal to the ESC, detailing its plans for extending the network to the Macedon Ranges, Creswick, Port Fairy, Barwon Heads, Camperdown and Maiden Gully. SPI Networks’
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Tui study commences

This comprises approximately 80 square km of new seismic to extend the original survey completed in 2003. The new survey will assist in defining the extent of the Pateke oil discovery, a part of the Tui
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