PPO Projects update: Charlie, Nathan and more

A number of major gas projects across the country have progressed in recent months, PPO Projects provides you with the latest updates.

The Queensland Government has committed to releasing more land for natural gas exploration and production, but the industry remains concerned about threats to gas operations in parts of the Cooper Basin, far-west Queensland.

The International Energy Agency’s (IEA) forecast that natural gas will increase its share of the global energy mix in coming decades is great news for Australia, according to the Australian Petroleum Production and Exploration Association (APPEA).

Comet Ridge’s Mira-6 lateral well has drilled to a total length of 1,283 m along the well path, passing through 920 m of coal.

Comet makes well intercept

Comet Ridge has successfully pulled off a well intercept between its Mira-6 and Mira-2 gas wells in ATP 1191 in the Bowen Basin, Queensland.

Company news: Santos, Comet Ridge, Siecap and more

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

Comet Ridge has completed an institutional placement raising $10 million, and has launched a Share Purchase Plan (SPP) to raise a further $3 million.

The final report of Scientific Inquiry into Hydraulic Fracturing in the Northern Territory has been pushed back to March 2018.

Santos has revealed four core assets to build on in its 2017 Investor Day presentation, with the controversial Narrabri Gas Project returning to the fold.

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