June 2016
WA onshore drilling dries up under compliance burden
Western Australia, traditionally a heartland of onshore oil and gas exploration, is experiencing a crisis in its drilling activity, and it can't all be blamed on the depressed oil price.
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- Angela Macdonald-Smith
October 2014
Ian Macfarlane backs unconventional gas sector despite setbacks
Industry minister Ian Macfarlane says there is still huge potential for unconventional onshore gas to be developed in Australia, despite some prominent failures in recent weeks.
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- Peter Ker
Shale gas dreams get jolt of reality with ConocoPhillips, PetroChina exits
For the ambitions of local shale explorers, the heightened pressure on resource majors to maximise returns to shareholders has come at a particularly difficult time.
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- Angela Macdonald-Smith
WA shale ambitions take hit as Conoco exits
ConocoPhillips, dissatisfied with results from initial drilling, has exited all its Australian onshore shale exploration in a further blow to the early-stage shale exploration sector.
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- Angela Macdonald-Smith
August 2014
Magnum Hunter gives way on Ambassador Oil chase
US energy player Magnum Hunter Resources has effectively given up in the takeover tussle for Cooper Basin junior Ambassador Oil & Gas, declaring it has “no present intention” to increase its offer price.
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- Angela Macdonald-Smith
June 2014
Magnum Hunter trumps Drillsearch bid for Ambassador Oil
US-listed Magnum Hunter Resources has launched a rival takeover offer for Cooper Basin junior Ambassador Oil and Gas, outbidding Drillsearch Energy’s offer by 20 per cent.
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- Angela Macdonald-Smith
February 2014
International interest in Cooper Basin shale
South Australia’s Cooper Basin is shaping up as a potential major shale oil and gas hub, prompting international energy companies to stalk smaller local players to get a foothold in the state.
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- John Kehoe
December 2013
UBS prepares to sound out bidders for ANZ Terminals
Recent consolidation in Australia’s petroleum industry has prompted the owners of ANZ Terminals to launch a sale process which they hope will fetch as much $500 million.
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- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
December 2011
Small miners attract buyers
Most investors may be on edge with the European financial crisis threatening to engulf the global economy, but fund managers appear to be betting on a positive resolution to the problem if their buying behaviour is anything to go by.
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- Brendon Lau
ConocoPhillips is thinking big
ConocoPhillips has revealed ambitions to use its Poseidon gas discovery in the Browse Basin to underpin a multibillion-dollar expansion of its Darwin LNG plant.
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- Angela McDonald-Smith
September 2011
FED:ConocoPhillips executes WA shale gas deal
Global energy giant ConocoPhillips has executed a deal to earn a majority interest in the Goldwyer shale gas project in Western Australia from Perth-based New Standard Energy.
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July 2011
Beach Energy (BPT)
After years of underperformance against its peers in the energy sector, Beach Energy has started to gain some momentum.
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- Perry Williams
October 2010
New Standard well flows
New Standard Energy reports the fracture stimulation program at the Heintschel #1 well was successfully completed and the well is now flowing hydrocarbons.
July 2010
New Standard Energy ups forecast
New Standard Energy says calculations of its Heintschel gas condensate field in its Colorado County Project have revealed a significant potential hydrocarbon resource that is substantially larger than first predicted.
May 2009
Briefs
BC Iron haulage deal BC Iron expects to bring its Nullagine project in Western Australia into production in the first quarter of 2010 after reaching an in principle agreement with Fortescue Metals Group to provide rail haulage and port services
- Michael Vaughan, Simon Evans, Sue Mitchell, Staff reporter, Jeffrey Hutton and Michael Smith