British-based J. Murphy and Sons (JMS) has sold its 50 per cent stake in Australia’s MPC Group to a duo of strategic equity investors.

PPO News provides you with a wrap of this week’s company news and movements in the Australian oil and gas industry.

Santos non-executive Director Roy Franklin OBE will retire from the board at the end of September.

Strike Energy and Orica International have sealed a new Gas Sales Agreement (GSA) for the supply of 64 PJ from Strike’s Southern Cooper Basin Gas Project (SCBGP) in PEL 96.

Strike secures Jaws funding

Strike Energy has completed a share placement raising of $9.1 million for the Jaws-1 appraisal program for the Southern Cooper Basin Gas Project (SCBGP) in PEL 96.

Final Lattice bids due shortly

Origin Energy has asked bidders for its upstream oil and gas arm, Lattice Energy, to submit binding offers by Monday.

Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims has identified gas moratoria’s in states and territories as one of the reasons behind the energy crisis.

The Australian Petroleum Production and Exploration Association (APPEA) has come out swinging against Western Australia’s recent moratorium on hydraulic fracturing.

Armour Energy has commenced Phase 1 gas production through the re-commissioning of the dry gas circuit of its Kincora Gas Plant.

2017 APGA Convention around the corner

The Australian Pipeline and Gas Association’s (APGA) premier event – the Annual Convention and Exhibition – is looming large on the industry’s calendar.

Duo spud Cooper prospect

Beach Energy and PEL 92 Joint Venture (JV) partner Cooper Energy have spudded the Louth-1 exploration well in PRL 102 in the Cooper Basin.

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PPO Annual 2016, the comprehensive guide to Australia’s petroleum industry, is a compendium of all key Australasian proposed, under construction and commissioned pipelines and oil, gas and LNG projects.


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