GEV and Twinza target east coast gas market

Global Energy Ventures (GEV) has signed a heads of agreement (HOA) with Twinza Oil to explore a plan for the export and sale of gas from Papua New Guinea to the Australian east coast.

Origin Energy has posted a 2017-2018 statutory profit of $218 million on the back of a strong year of operations at the Australia Pacific LNG (APLNG) project.

Woodside Petroleum has posted a first half net profit rise of 5.9 per cent to $541 million.

3D Oil has reported data analysis of Lower Triassic sands in its permit in the Bedout Basin indicates the potential for significant hydrocarbon levels similar to that of the nearby Dorado-1 well.

Senex strikes oil in the Cooper Basin

Senex Energy has struck oil in its Breguet-1 well in the Cooper Basin.

Comet Ridge enlists Silver City for Mahalo

Comet Ridge has contracted Silver City Drilling to drill a series of wells at its Mahalo Block development, located in the Bowen Basin, Queensland.

Australia must lift restrictions on gas development and adopt the National Energy Guarantee (NEG) in order to save the local industry, according to Dow Chemical.

Santos has begun operating a fourth rig in the Cooper Basin to further exploration for natural gas.

Rawson Oil and Gas has approved the takeover offer from Lakes Oil.

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