A higher than expected oil price of $81 per barrel offset by a slight decrease in production led the firm to a six per cent quarter-on-quarter revenue rise, according to the Q2 statements published today.
Overall
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Beach aims for ASX top 50
The company published the three-phased strategy on August 12 after first announcing a review of its operations and investments in April.
The strategy states that the company is aiming to see a step”?change
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Science to assist NSW onshore gas
The federal government yesterday confirmed $3 million in funding would be granted to the CSIRO and industry to enhance research into onshore gas primarily in New South Wales.
According to Industry and
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Sundance buys out Cooper Basin assets
The company yesterday confirmed the transfer of $15 million, an issue of 6 million Sundance shares as well as the assumption of a net working capital debt of $0.9 million for the acquisition.
Sundance
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Capacity increase at Strike Energy’s Klebb wells
A statement to the ASX said the company’s exploration operations at its Southern Cooper Basin Gas Project had progressed significantly and that the two Klebb pumps were now running at about 60 per
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Beach Energy flags $449 million impairment charges
$A167 million worth of asset impairment charges after tax have been flagged for Beach Energy’s Nappamerri Trough Natural Gas (NTNG) Project, located in the Cooper Basin across South Australia and
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A tale of two states
While South Australia hosts the mighty Cooper Basin, boasting approximately 160 producing gas fields feeding into major production facilities at Moomba, just across the border in Victoria – a state
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Cooper Basin firms hit hardest by oil slump
The report said the significant impact of the lower oil price has increased the likelihood of the Cooper Basin becoming the “hotbed”? for future mergers and acquisitions.
EnergyQuest chief
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Within striking distance
In an interview with Gas Today, Mr Wrench said Strike Energy’s Southern Cooper Basin Gas Project could be just months away from reaching steady production and the company’s MD is confident
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Senex performing well against market
The mid-cap explorer now has a healthy cash balance of $99.6 million, up by 87 per cent on the previous quarter. However, the company’s net production slid by 7 per cent, down to of 0.26 MMboe, with
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