Features

Oil and gas boosts economy by $27 billion: APPEA

“The economic footprint of the oil and gas industry goes far beyond its production wells and eight liquefied natural gas (LNG) plants,”? said APPEA Chief Executive Dr Malcolm Roberts. “Oil
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Sole drilling progresses

The progress of Sole-3 has been affected by interruptions brought by heavy weather, With Cooper deciding to batch drill the top-holes of Sole-3 and Sole-4 to optimise workflow. This decision is expected
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Santos rejects Harbour, terminates discussions

In a statement released by Santos, it rejected the bid “on the basis that it does not represent a full value of the company and, when combined with the associated risks, is not in the best interests
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CKI launches APA bid

The bid values APA shares at $11 per share and permits a distribution not exceeding $0.24 per stapled security payable in respect to the six months to 30 June 2018. At this stage, the APA Board makes no
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Sole-3 reservoir complete

The 97 m near-horizontal reservoir section of the well has now been completed, with the production string being installed and testing and preparations for well flow back to commence soon. The well is expected
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APA to develop Crib Point pipeline

The CPPP is estimated to cost between $160 and $200 million, with the transaction still subject to a final investment decision (FID) from AGL on the development of a LNG floating storage regasification
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Iona upgrade underway

The storage expansion project involves drilling an additional well at Iona, which will help secure more reliable natural gas supplies and mitigate short-term price peaks, such as in winter. Underground
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APLNG scheduled for shut down

Maintenance works on half of the train will be undertaken from July 17 to July 22, followed by two similar outages on August 21-26 and September 11-17. The AEMO notice states that the shutdown will affect
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