FAR has advised that its financial plans for the Sangomar field development offshore Senegal, Africa have changed due to the impact of COVID-19 and low oil prices. Read more
The company today announced that it had completed a share placement to raise $1 million to continue exploration activities.
State Gas has made strong progress Read more
The plant has been acquired from the Minerva joint venture participants – BHP Petroleum (90 per cent interest) and Operator, Cooper Energy (10 per Read more
Its September production dropped from 6.88 million barrels of oil in June to 6.81 million barrels despite strong production rates in July.
The marginally lower quarter Read more
The new target, up from the 100 mmboe Santos set in 2018, represents a cumulative annual growth rate in production of over 8 per Read more
The development and exploitation plan and exploitation authorisation request are the last major regulatory submissions required before final investment decisions (FIDs) can be made Read more
The company will instead focus on progressing a number of South American assets, according to chairman Bruce Phillips.
Speaking at the company’s annual general meeting Read more
The Nangwarry-1 well is within Petroleum Exploration Licence (PEL) 155 in the South Australian portion of the onshore Otway Basin, 10 kilometres south of Read more