B2B marketing

Comet upgrades Mahalo reserves

Comet Ridge Managing Director Tor McCaul said the company’s 40 per cent net share of 2P reserves had increased by 473 per cent from 30 PJ to 172 PJ, while its net share of 3P reserves had risen 71
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Santos invests big in Queensland

As well as upstream developments around the Fairview, Scotia and Arcadia fields, this investment includes the first year of funding for the new $750 million Roma East project which will be developed over
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Shell looks to secure gas deals

The AFR says Shell is looking to get on the front foot before proposed LNG import projects – AGL’s Crib Point facility and Australian Industrial Energy’s NSW LNG import project –
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Santos receives takeover bid

The indicative offer from Harbour comprises a cash offer price of US$4.70 per share (AU$6.13) plus a special dividend of US$0.28 per share (AU$0.37) which is expected to be fully franked. Santos has established
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Armour receives $6 million GAP funding

Minister of Resources and North Australia Matt Canavan announced Armour as one of four successful applicants to the program and said that GAP will fast track projects with the best prospect of bringing
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Woodside completes Scarborough acquisition

With the acquisition completed, Woodside now holds a 75 per cent interest in WA-1-R and a 50 per cent interest in WA-61-R, WA-62-R and WA-63-R. These leases include the Scarborough, Thebe and Jupiter gas
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PNG LNG restarts ahead of schedule

Following the 7.5 magnitude earthquake, the supermajor shut down the two LNG trains at the PNG LNG plant near Port Moresby following the shut down of the Hides gas conditioning plant and Hides well pads
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P’nyang resources tripled

The certified 1C gross contingent gas resource has more than tripled, to 3.51 Tcf, while the certified 2C gross contingent gas resource has increased to 4.36 Tcf. “Combined with gas resources in
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Future Fuels secures funding

The combined investment from the Commonwealth, Australia’s Energy Industry and Universities (cash and in-kind support) will total more than $90 million over the life of the program. The Future Fuels
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Cooper awarded Gippsland permit

The permit adjoins the company’s VIC/L21 licence which holds the depleted Patricia-Baleen gas field and its associated subsea production infrastructure. The exploration permit is located in close
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