Phoenix South-2 bags volume upgrade

The Phoenix South-2 well is looking the goods after gas and condensate estimates increased 32 per cent.

Global energy giants Siemens and General Electric are lining up bids to build South Australia’s proposed gas-fired power plant, according to the Australian.

Shell Australia and its QGC joint venture will continue its investment in Queensland with the drilling of up to 161 additional wells.

Beach Energy has commenced preparations for drilling a conventional onshore gas exploration well in the Penola Trough in the Otway Basin, South Australia.

Company news: Rey, Liang O’Rourke, WorleyParsons, Senex

PPO News provides you with the latest company news and movements in the Australian oil and gas industry.

Rey secures Derby Block

Rey Resources has agreed to acquire a 50 per cent interest in EP487, onshore Western Australia, taking its interest in the permit to 100 per cent.

Senex Energy is set to commence drilling the Silver Star-1 gas exploration well in South Australia’s Cooper Basin, targeting material gas volumes.

The Victorian Coalition, currently in opposition, has changed its tune on support for a moratorium on onshore conventional gas exploration, according to The Australian.

Santos and partner companies can boast successful drilling campaigns at a number of locations in the Cooper and Eromanga Basins.

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