Resources 2030 Taskforce launched

The Resources 2030 Taskforce charged with identifying reforms to secure the future of Australia’s resources sector met for the first time yesterday.

Northern Territory Chief Minister Michael Gunner today announced the NT Government had accepted all 135 recommendations of the independent fracking inquiry.

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

Galilee Energy has successfully drilled the first well of its Glenaras Gas Project located in ATP 2019 in Queensland’s Galilee Basin.

Santos snaps up Bowen acreage

Santos, along with its GLNG partners and APLNG, has successfully bid for PRL 2016/17-A block directly west of the Arcadia field in Queensland’s Bowen Basin.

AEMO report warns gas shortfall for Victoria

The recent Victorian Gas Planning Report Update from AEMO warns that supply-demand issues may affect Victoria in as early as 2022.

Senex continues its drilling campaign on the western flank of the Cooper Basin, South Australia.

A report by the Australian Energy Market Operator has highlighted the need for more gas supply in Victoria in order to avoid a projected shortfall in 2022.

Drilling operations at Galilee Energy’s Glenaras-10 well in ATP 2019 the Galilee Basin are underway, with the test hole reaching 1,083 m.

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