farm-out agreement

BassLink

Talon acquires 45% interest in Strike project

Strike Energy will farm-out a 45 per cent non-operating interest in the Walyering (EP447) gas field in Western Australia to Talon Petroleum in exchange for the appraisal and development of a well at the
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Coleman blasts ‘complacent’ gas industry

Speaking at the Australian Petroleum Production and Exploration Association (APPEA) Conference in Brisbane this week, Mr Coleman said complacency in the gas industry has it lagging behind coal as a fuel
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AGL’s LNG import plans progressing

The feasibility study for the import terminal is well underway and AGL expect to select the terminal site around mid-2017. AGL expects the potential development to cost between $200 – 300 million,
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Chevron appeals ATO bill

In April, a Federal Court full bench unanimously rejected Chevron’s appeal against an ATO ruling that it used an intra-company loan to avoid tax on its Australian operations. It was expected that
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Woodside questions APPEA focus

Mr Coleman questioned the Australian Petroleum Production and Exploration Association’s (APPEA) policy positions regarding the east coast, as well as gas reservation and climate change. “While
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LNG Limited abandons Fisherman’s Landing

The decision comes after a review of the company’s asset portfolio, where it was decided the cost associated with maintaining the FLLNG Project weren’t worth pursuing. “The closure of
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LNG exports surge: EnergyQuest

In its just released monthly LNG report for June, independent energy consultancy EnergyQuest said Australia broke the 50 MMt barrier for the first time in the full 2016-2017 financial year (FY17), exporting
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AGL announces import terminal location

AGL selected the location, after considering sites in New South Wales and South Australia, as Victoria is Australia’s largest gas market and has existing pipeline networks, industrial port facilities
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Wheatstone achieves first gas

At full capacity, the Wheatstone Project’s two train LNG facility will supply 8.9 MMt/a of LNG for export to customers in Asia. “First LNG production is a significant milestone and is a credit
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