Cue Energy has secured a two-year loan agreement
Cue Energy has entered into a $7 million, two-year unsecured loan agreement with New Zealand Oil & Gas.
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Palm Valley 12 reaches new depths
The Palm Valley 12 well in OL3 has officially reached a total depth of 2278 m in the P4 unit of the Pacoota Formation.
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Strike drills to success at West Erregulla-3
Strike Energy has commenced drilling a 6-inch hole at its West Erregulla-3 and has subsequently drilled through the Irwin River Coal Measures, then through the primary objective in the Kingia Sandstone.
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Strike secures funding to progress Perth Basin portfolio
Strike Energy has announced that it has secured an additional $20 million secured debt facility with Macquarie Bank to cover the development, and pre-development, of its high-quality Perth Basin gas projects.
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Billions in oil and gas royalties – big boost for QLD economy
Australia’s oil and gas industry will deliver almost $6 billion of royalties to the Queensland budget over the next five years, providing a direct benefit to the community from QLD’s liquified natural gas (LNG) export projects.
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Final Glenaras well completed
Glenaras 29, the final well of Galilee Energy’s 2022 drilling program at the multi-well pilot, has officially been completed.
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Cooper to buy Orbost gas processing plant from APA
Cooper Energy has entered into agreements with leading Australian energy infrastructure businesses APA Group to acquire the Orbost gas processing plant (OPP). The acquisition will cost between $270 million and $330 million via four instalments.
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Well tests at Norwest’s Lockyer Deep-1 complete
Norwest Energy’s Lockyer Deep-1 conventional gas discovery has officially undergone successful well testing operations with the six-day program confirming exceptional well delivery.
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Mahalo North 1 production a resounding success
Comet Ridge’s Mahalo North 1 well is steaming ahead as it continues to increase its gas production on a daily basis.
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Drilling of Glenaras-26 complete
Galilee Energy has announced that the Silver City Rig 23 has completed the fifth well of the 2022 drilling program at the multi-well pilot.
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