Cairn Energy Senegal

Bounty plans to strengthen Queensland assets

According to the company’s full year financial statements for FY17–18, petroleum revenue was down 41 per cent at $1.57 million compared to $2.68 million the previous year, receiving significantly less
Read More

Lakes Oil loses court challenge against Vic gas ban

Initially focused on unconventional drilling operations, the moratorium was legislated in 2017 by the Victorian Government to be widened to all onshore gas exploration until 2020. Lakes Oil argued that
Read More

Board change and capital raise at Pilot

The selection comes at the same time as the company agreed to a strategic placement of shares in order to inject almost $477,000 into the company. Dr Li is a graduate of Huazhong University of Science
Read More

APPEA: activists ignoring facts about gas

Activists led by the Australia Institute have called on the WA government to implement a permanent ban on hydraulic fracturing, known as fracking, in a letter signed by scientists and former politicians.
Read More

Bridgeport releases petroleum reserves

It also reported 3,229 Mbbls in 1P reserves and 7,567 in 1C resources. A subsidiary of New Hope Corporation, Bridgeport has been operating oil projects since 2009. The company currently holds 10 petroleum
Read More

Future Fuels appoints CEO

A former CEO of the Energy Pipelines CRC, Mr Norman worked for Royal Dutch Shell for more than two decades in a variety of commercial, managerial and technical roles. Future Fuels CRC Board Chairman Charles
Read More

Comet Ridge raises $17.4m for project development

The company will issue approximately 51.2 million placement shares within its current placement capacity, representing 7.6 per cent of its current issued capital. With the funds created from the placement,
Read More

Santos to supply gas to Brickworks

The agreement will commence on 1 January 2020 and provide gas for Brickworks operations in Queensland, New South Wales, Victoria and South Australia. Brickworks Managing Director Lindsay Partridge said
Read More

McDermott installs pipeline for Greater Western Flank

Located off the northwest coast of Western Australia, the development includes eight wells from the Keast, Dockrell, Lady Nora, Pemberton, Sculptor and Rankin fields sitting approximately 40–60 km southwest
Read More