Pipelines Oil

Buru and Roc sign Canning deal

Buru Energy has signed two deals with Roc Oil in relation to its oil production and exploration assets in the Canning Basin, Western Australia.

Production and transport of oil from the Ungani-1 and -2 wells is running smoothly with 22,500 boe currently in the storage tank at Wyndham, Western Australia.

RCMA Australia has assumed operatorship of the Jingemia Oil Field in L14 in the onshore Perth Basin, Western Australia, taking over from Cyclone Energy.

Rey Resources has acquired the EP104, R1 and L15, located in the Canning Basin in Western Australia, from Key Petroleum and Indigo Oil.

Buru back in action

Buru Energy has restarted production at its Ungani oil field near Broome in Western Australia after operations were shut down by months of heavy rain.

NZ Energy Corp gets back on track

The company was hit hard when the oil price dropped, but is reporting strong results after consolidating costs in 2017.

Carnarvon Petroleum’s redevelopment of the Buffalo oil field in the Timor Sea has progressed to plans to drill the first production well.

Senex Energy has reached an agreement with Beach Energy to transfer up to AU$43 million free carry commitment on the companies’ unconventional Joint Venture (JV) to Senex-operated oil assets in the western flank of the Cooper Basin.

Real Energy spudded its Tamarama-2 well in the Cooper Basin on 13 April.

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