PTT Exploration & Production Company Ltd (PTTEP)
Thailand: PTTEP Keen to Tap Shale Gas
Monday, May 13, 2013 PTTEP is looking to invest in North America's shale gas through a joint investment with strategic partners, Bangkok Post reports.
PTTEP Targets 2013 Sales Volume at 310,000 BOED
Thursday, January 24, 2013 Thailand's PTT Exploration & Production is targeting a sales volume of 310,000 barrels of oil equivalent a day; with an increase in sales from the start of operations at its Montara oil field.
PTTEP Sets 2013-2017 Capex Budget at $14.77B
Monday, January 21, 2013 PTTEP sets its five-year capital expenditure and operating expenditure budgets for 2013-2017 at $14.77 billion and $9.90 billion respectively.
PTT Exploration & Production: 2012 Sales Likely 275,000 boepd
Tuesday, December 11, 2012 PTTEP expects 2012 sales volume to reach 275,000 barrels of oil equivalent per day, a 3.8% on-year increase. The volume is however below the company's target of 284,000 boepd.
PTTEP, Partners Discover New Oil Field in Algeria
Tuesday, December 04, 2012 PTTEP and partners discover new oil field from the 6th exploration well Mouia Aissa-1 Mouia Aissa-1 (MAS-1) drilled in Hassi Bir Rekaiz Permits, Algeria.
PTTEP Set to Raise $3B in Rights Offering; To Fund Cove Acquisition
Friday, November 30, 2012 PTT Exploration & Production PCL aims to raise $3 billion this year to fund its recent acquisition of the U.K.'s Cove Energy and for future business expansion.
Shell Starts Construction of 'Game-Changing' Prelude FLNG Facility
Thursday, October 18, 2012 Ceremony marks the beginning of the construction of Prelude FLNG ? the world's largest offshore floating facility.
PTT E&P Postpones Montara Startup on Delayed Approval, Cyclones
Friday, October 05, 2012 PTT E&P said that the start of commercial operations at its Montara oil field offshore Australia will likely be delayed to early 2013 from a previous target of late this year.
PTTEP Fined Over $500,000 for Montara Oil Spill Disaster
Friday, August 31, 2012 Darwin Magistrates' Court pronounces PTTEP guilty on four charges related to the Montara oil spill and hands the company fines totaling $526,320.
PTT Exploration Delays $3B Fund-Raising Plan
Thursday, August 23, 2012 PTTEP is unlikely to complete its $3B recapitalization by October as intended because some shareholders want more time to consider the plan, but it aims to complete the fund-raising by the end of this year, CEO Tevin Vongvanich said.
Cove Energy Shares Plunge As Shell Pulls Out Of Gas Bidding War
Monday, July 16, 2012 Shell said it would not participate in a final auction for control of Cove, a move that should effectively hand control of Cove to rival bidder PTT Exploration & Production.
UK Takeover Panel Gives Shell, PTT Deadline for Cove Offers
Friday, July 13, 2012 UK regulator the Takeover Panel waded into the takeover battle between Shell and PTT Exploration & Production over Cove Energy giving the companies a deadline to make their final offers.
Cove Energy Takeover Battle Drags On As Shell Extends Offer
Thursday, July 12, 2012 The competition between PTT Exploration & Production and Shell for ownership of Cove Energy drags on as the Anglo-Dutch company extends its offer until July 25.
Eight Energy Companies Showing Interest in Afghan O&G
Thursday, July 05, 2012 Seven energy companies have joined ExxonMobil in expressing interest to bid for the right to explore for O&G in Afghanistan, according to that country's Ministry of Mines.
Cove Shuns Shell for PTT's $1.9B Bid
Wednesday, May 23, 2012 The race to secure access to East Africa's natural gas fields took a twist after PTT trumped Shell's offer for Cove Energy with a late $1.9B bid.
Takeover Battle Begins as Rivals Shell, PTTEP Fight for Cove Energy
Friday, February 24, 2012 PTTEP has made a $1.8B counter offer for Cove Energy after Shell bid $1.6B for the East Africa-focused business earlier this week.
PTTEP Director Resigns
Tuesday, October 18, 2011 PTTEP announced that Mr. Prasert Bunsumpun has resigned from his directorship.
Chevron, Apache, PTTEP Awarded Australia Exploration Permits
Friday, July 08, 2011 Chevron, Apache and PTTEP are among six companies that have been awarded new offshore O&G exploration permits by Australia's government.
PTTEP Discovers More Gas in Myanmar
Thursday, May 19, 2011 PTTEP announced that flow tests were conducted on two zones with a natural gas maximum flow rate of approx. 25 MMSCFD at the Aung Sinkha-2 well.
PTTEP Withdraws Stake in Egypt Well
Wednesday, March 30, 2011 PTTEP has withdrawn the entire 30% participation interest from Sidi Abd El Rahman Offshore Project in the Arab Republic of Egypt.