Central Petroleum has reported a net profit after tax of $30.5 million for the half year ending 31 December 2021.
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O’Neill: Energy crisis could last “decades”
Meg O’Neill and Kevin Gallagher use the Ukraine disaster as an opportunity to reaffirm the importance of energy security, making a case for long-term expansion of oil and gas supply.
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$7.5m exploration grant for Beetaloo Sub-Basin
Federal resources minister Keith Pitt has granted another $7.5 million to the gas industry to drill for gas in the Northern Territory’s Beetaloo Basin.
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PSSS appointed exclusive distributer for Fast Fusion
The Piping Specialty Supply Services (PSSS) team and Fast Fusion have announced the appointment of PSSS as the company’s exclusive distribution partner covering Australian, New Zealand and Papua New Guinea territories.
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Origin to undertake $250m share buy-back
Origin Energy said it plans to buy back shares worth up to $250 million, starting next month (April 2022).
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Rafael test complete
Flow testing on Buru Energy’s Rafael well recommenced on 4 March after suspension due to safety concerns regarding the effects of Cyclone Anika.
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Schlumberger and Rockwell partnership resolves issues through well surveillance
The complexity and inefficiency of oil well surveillance systems is being overhauled by Sensia, a joint venture between industrial automation leader Rockwell Automation, and oil and gas instrumentation leader Schlumberger.
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Success at South Erregulla unlocks Project Haber
Strike Energy has announced that it has achieved success at South Erregulla with a high-quality conventional gas discovery, unlocking potential for Project Haber.
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High productivity at Mahalo North
Mahalo North production testing has continued with very high reservoir productivity, Comet Ridge reports.
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Bass to acquire Cooper Basin assets
Bass Oil has entered into a conditional sale and purchase agreement with a subsidiary of Beach Energy to acquire a portfolio of Cooper Basin assets for a cash consideration of $650,000.
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