Australian Worldwide Exploration (AWE) Company News

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Waitsia Gas Project Exceeds Pre-Production Expectations
AWE Limited announced Thursday that well performance from Stage 1A of the Waitsia gas project has exceeded pre-production expectations over the first three months of operations.
7:00 PM EST | December 21, 2016
Waitsia JV Approves 2017 Development Activities Budget
AWE Limited announced Friday that the Waitsia joint venture has made "strong progress" in its preparations for Stage 2 of the Australian Waitsia gas project.
7:00 PM EST | December 08, 2016
AWE Commences Gas Sales from Stage 1 of Waitsia Gas Project in Perth Basin
AWE commences first gas sales from Stage 1 of the Waitsia gas project in production license L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | August 28, 2016
AziPac to Begin North Madura PSC Exploration in Java Sea by Year End
AziPac plans exploration campaign at North Madura Production Sharing Contract (PSC) in Indonesia's Java Sea later this year, with Herry Wibiksana appointed to lead operations in the country.
8:00 PM EST | August 01, 2016
Santos Successfully Drills the AAL-4XST1 Appraisal Well in the Natuna Sea
Santos achieves excellent flow rates in the drilling of the AAL-4XST1 appraisal well for the Ande Ande Lumut oil project in the Natuna Sea offshore Indonesia.
8:00 PM EST | June 27, 2016
Triangle Energy Buys Cliff Head Oil Field Offshore Perth Basin for $2.4M
Triangle Energy acquires 57.5 percent stake in Cliff Head Oil field located offshore West Australia for $2.4 million.
8:00 PM EST | June 20, 2016
Quadrant Spuds Outtrim East-1 Well in Permit WA-155-P(1) in Australia's NWS
Quadrant Energy spuds Outtrim East-1 well in exploration permit WA-155-P(1) in Australia's North West Shelf.
8:00 PM EST | June 19, 2016
AWE Scraps Plans to Sell Cliff Head Oil Field in WA's Perth Basin to Elixir
AWE scraps plans to sell stake in Cliff Head oil field in Western Australia to Elixir Petroleum after reaching deal with a third party.
8:00 PM EST | June 15, 2016
Santos Plans Sidetrack Ops at AAL-4X Well in Indonesia's NW Natuna PSC
Santos plans to commence sidetrack operations at AAL-4X appraisal well in Northwest Natuna block in the Natuna Sea offshore Indonesia.
8:00 PM EST | June 14, 2016
Santos Finds Oil Shows at AAL-4X Well in Indonesia's Offshore NW Natuna PSC
Santos finds oil shows when drilling AAL-4X appraisal well in Northwest Natuna PSC offshore Indonesia.
8:00 PM EST | May 29, 2016
Santos Spuds AAL-4Z Appraisal Well in Indonesia's Offshore NW Natuna PSC
Australia's Santos spuds AAL-4X appraisal well in Northwest Natuna production sharing contract, off Indonesia with the jackup Raniworo.
8:00 PM EST | May 15, 2016
Australia's AWE Rejects Proposed Acquisition by Lone Star Fund
AWE rejects Lone Star Fund's proposed acquisition of all shares in the Australian company.
8:00 PM EST | May 10, 2016
AWE Sells 42.5% in Indonesia's Bulu PSC to HyOil for $20.5M
AWE inks agreement to sell its 42.5 percent stake in the Bulu Production Sharing Contract offshore East Java, Indonesia to a unit of HyOil for $20.5 million.
8:00 PM EST | May 04, 2016
Australia's AWE Appoints David Biggs as CEO to Succeed Bruce Clement
Australia's AWE appoints David Biggs to succeed Bruce Clement as CEO and managing director.
8:00 PM EST | March 17, 2016
European Oil, Gas Companies in Organizational Restructures
Repsol S.A and Gazprom EP International B.V announce a range of organizational restructures, including a number of appointments and departures.
8:00 PM EST | March 17, 2016
AWE Completes Sale of Stake in Sugarloaf AMI in Texas to CEP II for $190M
Australia's AWE completes sale of its 10 percent stake in Sugarloaf Area of Mutual Interest in Texas to Carrier Energy Partners II for $190 million.
8:00 PM EST | March 16, 2016
Elixir Continues Talks to Acquire 57.5% Stake in WA's Cliff Head Oil Field
Elixir Petroleum continues talks to acquire 57.5 percent stake in Cliff Head oil field offshore Western Australia from AWE.
8:00 PM EST | March 15, 2016
AWE Sells 10% Stake in Sugarloaf AMI Project in Texas to CEP II for $190M
AWE agrees to sell its 10 percent stake in Sugarloaf Area of Mutual Interest (AMI) project in the Eagle Ford Shale, Texas to Carrier Energy Partners II for $190 million.
7:00 PM EST | January 26, 2016
New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Australia's AWE and partners in offshore New Zealand's Tui oil development extend the contract for BW Offshore's FPSO Umuroa by a year to the fourth quarter of 2017.
7:00 PM EST | January 24, 2016
AWE, Origin to Develop Waitsia Gas Field Project in Onshore Perth Basin
The AWE-Origin Energy L1/L2 joint venture approves development of the first stage of the Waitsia gas field project in onshore Perth Basin, Western Australia.
7:00 PM EST | January 04, 2016
Elixir Gets More Time for Due Diligence for Cliff Head Oil Field Off WA
AWE extends the due diligence period for Elixir Petroleum's acquisition of a 57.5 percent stake in the Cliff Head oil field off Western Australia.
7:00 PM EST | November 29, 2015
Elixir Petroleum Acquires AWE's 57.5% Stake in Cliff Head Oil Field Off WA
Elixir Petroleum acquires AWE's 57.5 percent stake in Cliff Head oil field offshore Perth Basin, Western Australia
8:00 PM EST | October 25, 2015
ROC Fails to Find Hydrocarbons at QK12-3-1D Well in China's Bohai Bay Basin
ROC Oil fails to find hydrocarbons at QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.
8:00 PM EST | October 19, 2015
AWE's CEO Bruce Clement to Step Down in 2016, Firm Searching for Successor
Bruce Clement will step down as CEO of Australia's AWE in 2016 and the firm has commenced the search for his successor.
8:00 PM EST | October 07, 2015
AWE Commences Flow Testing Program for Waitsia-1 Well in Perth Basin
AWE commences flow testing program for the Waitsia-1 well to further appraise the Waitsia gas discovery in the onshore Perth Basin, Western Australia.
8:00 PM EST | October 06, 2015
Petsec Energy Completes Acquisition of 29.75% Stake in Yemen's Block 7
Australia's Petsec Energy completes acquisition of a 29.75 percent stake in Yemen's onshore Block 7 in the Al Barqa permit from Mitsui and AWE.
8:00 PM EST | September 30, 2015
Roc Oil Spuds QK12-3-1D Exploration Well in China's Bohai Bay Basin
Roc Oil spuds QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.
8:00 PM EST | September 22, 2015
Yolla-5 Well Start-up Boosts Production of Australia's BassGas Project
AWE says Australia's offshore BassGas project production gets a boost with start-up of Yolla-5 development well.
8:00 PM EST | September 07, 2015
Australia's AWE Posts Underlying Net Loss After Tax of $37.52M
Australia's AWE posts an underlying net loss of $37.52 million for financial year 2014-2015 ending June 30.
8:00 PM EST | August 23, 2015
AWE Raises WA's Perth Basin Gross Recoverable Gas to 700 Bcf
AWE raises onshore Perth Basin gross recoverable gas in Western Australia to more than 700 billion cubic feet after evaluating the Waitsia-1 and Waitsia-2 appraisal well results.
8:00 PM EST | August 20, 2015
Production Commences at Yolla-6 Well in Australia's BassGas Project
AWE says Yolla-6 development well in the BassGas project in Permit T/L1 in Bass Strait, offshore Australia has commenced production.
8:00 PM EST | July 29, 2015
Waitsia-2 Appraisal Well Onshore Australia Hits TD
The Waitsia-2 appraisal well, operated by AWE Limited, reaches a total depth of 11,581 feet.
8:00 PM EST | July 26, 2015
AWE Drops Plans to Proceed with WA's Drover-1 Phase 2 Exploration Program
AWE drops plans to proceed with Phase 2 of the Drover-1 exploration program in permit EP455 the Perth Basin, Western Australia.
8:00 PM EST | July 23, 2015
AWE Trims Yolla Field Reserves in Australia's Bass Strait
AWE reduces reserves at Yolla field in the Bass Strait, offshore Australia and updates on drilling at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | July 19, 2015
AWE Updates on Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
AWE updates on drilling operations at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | July 12, 2015
AWE Continues Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
AWE continues to drill the Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | July 05, 2015
Origin Energy Evaluating Drilling Results of Yolla-5 Well in Bass Straits
Origin Energy is evaluating drilling results of the Yolla-5 development well in permit T/L1 in Bass Strait, offshore Australia.
8:00 PM EST | July 02, 2015
AWE Spuds Waitsia-2 Appraisal Well in Western Australia's Perth Basin
AWE spuds Waitsia-2 appraisal well in Permits L1/L2 in Western Australia's Perth Basin.
8:00 PM EST | June 28, 2015
Carnarvon Petroleum Completing Technical Work on Cerberus Blocks Off WA
Carnarvon Petroleum is completing technical work on the Cerberus Blocks in the Carnarvon Basin in the North West Shelf offshore Western Australia.
8:00 PM EST | June 22, 2015
AWE Optimistic About Upside Potential of Waitsia Gas Field in Perth Basin
AWE says the Waitsia-1 drilling results confirm further upside potential of the Waitsia gas field in Perth Basin, Western Australia.
8:00 PM EST | June 15, 2015
AWE Limited Reaches Total Depth at Australian Waitsia-1 Well
AWE Limited reaches a total depth of 11,505 feet at the Waitsia-1 appraisal well in the Perth Basin, Western Australia.
8:00 PM EST | June 08, 2015
AWE Provides Update on Waitsia-1 Appraisal Drilling in Western Australia
AWE provides update on drilling at Waitsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | June 04, 2015
AWE Continues Drilling at Waitsia-1 Appraisal Well in Western Australia
AWE continues drilling at Waitsia-1 appraisal well in Perth Basin, Western Australia to test gas potential of the Waitsia field.
8:00 PM EST | May 28, 2015
AWE Updates on Drilling at Waitsia-1 Appraisal Well in Perth Basin
AWE updates on drilling at Watsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | May 21, 2015
AWE Spuds Perth Basin's Waitsia-1 Appraisal Well in Western Australia
AWE spuds Waitsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.
8:00 PM EST | May 14, 2015
AWE Secures $326M Loan Facility
AWE secures a new $326 million loan facility to support the company's growth strategy and development plans.
8:00 PM EST | May 13, 2015
AziPac Acquires 50% Stake in North Madura PSC Offshore Java
AziPac acquires 50 percent stake in North Madura Production Sharing Contract offshore north east Java, Indonesia.
8:00 PM EST | May 11, 2015
Drilling Continues at Irwin-1 Exploration Well in Onshore Perth Basin, WA
Drilling operations continue at Irwin-1 exploration well in onshore Perth Basin, Western Australia.
8:00 PM EST | April 21, 2015
AWE Finds Gas Shows at Irwin-1 Exploration Well in Onshore Perth Basin
AWE finds gas shows at Irwin-1 exploration well in the onshore Perth Basin, Western Australia.
8:00 PM EST | April 15, 2015
Exploration Drilling Continues at Irwin-1 Well in Onshore Perth Basin in WA
AWE reports that exploration drilling continues at Irwin-1 well in EP 320 in onshore Perth Basin, Western Australia.
8:00 PM EST | April 08, 2015