Markets

Beach in stable position despite global events

Beach Energy has taken rapid and decisive action in response to the lower oil price environment, declaring it is in a stable position to navigate the drop in prices. Matt Kay, Beach chief executive officer
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Buru, Roc move forward with Ungani production

Buru Energy has reported that production will continue at the Ungani oilfield joint venture in the Canning Basin, Western Australia, with the next lifting scheduled for mid-May. The company stated that
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Origin, Falcon halt Beetaloo operations

Falcon Oil & Gas has confirmed that operational plans at the Beetaloo joint venture project in the Northern Territory have been temporarily paused due to the impact of COVID-19. The joint venture (Origin
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appointments

3D Oil nears completion of ConocoPhillips farmout

3D Oil and ConocoPhillips have executed a joint operating agreement for the T/49P permit offshore Tasmanian. ASX-listed 3D Oil reported that the agreement satisfied a key condition of the farmout signed
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Central development projects come to a standstill

Central Petroleum is anticipating that there won’t be any material impact on its production capacity, but due to the extraordinary market conditions the company has introduced a strong focus on the resilience
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Senex Atlas gas field

Senex moves Surat Basin projects forward

Senex Energy has advised that the Easternwell Rig 27 returned to Project Atlas in the Surat Basin, Queensland in early March and has subsequently completed drilling, with two wells in production. The
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Project Venus JV granted QLD Government approvals

Project Venus, a joint venture between Strata-X and Real Energy, is one of two gas permits in southwest Queensland that has been given the green light for exploration and development by the state government.
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