Carnarvon picks up offshore permits

Carnarvon was awarded the AC/P62 permit, which holds the Condor project, over an area of 1,512 square kilometres within the Vulcan sub-basin in the Bonaparte Basin, in November last year. The proven oil
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Quadrant updates Belgravia prospect

In its December 2017 quarterly report, Woodside Energy as operator of Swell-1 announced that the well had intersected interpreted gas sands across a large gross interval of approximately 450 m. Swell-1
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Woodside secures funds

This represents the first stage of Woodside’s $2.5 billion equity raising, which aims to provide for the acquisition of an addition 50 per cent stake in the Scarborough gas field; and for general
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Woodside gunning for Scarborough stake

Woodside agreed to buy ExxonMobil’s 50 per cent stake in Scarborough for up to $744 million, with part of that due pending a final investment decision (FID) on developing the field. Woodside will
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Woodside signals LNG expansion

Woodside has agreed to buy ExxonMobil’s 50 per cent stake in Scarborough for up to $744 million, which would take Woodside’s stake up to 75 per cent, with part of that due pending a final investment
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Carnarvon lands the Eagle

The 585 square kilometre permit is in shallow water and contains multiple attractive leads in the same proven oil producing basin that contains the Talbot, Jabiru and Cassini/Challis oil fields. “The
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Billions more to be spent

Capital expenditure (capex) into Oceania’s conventional gas and coal bed methane (CBM) projects would add up to $48.6 billion and $4.6 billion respectively over the eight-year period. Conventional
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