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Regional News: Austral-Asia

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Southern Cooper Basin Gas Project a Step Nearer to Commercialization
Monday, April 27, 2015 Strike Energy says the Southern Cooper Basin Gas Project in PEL 96 in South Australia moves nearer to commercialization.

Australian Court Allows Metgasco to Resume Coal Seam Gas Drilling
Friday, April 24, 2015 Australia's Metgasco wins a court ruling that allows it to resume coal-seam gas drilling.

IPB Petroleum to Vary Work Program for Permit WA-424-P in Browse Basin
Thursday, April 23, 2015 IPB Petroleum gets official approval to vary work program for permit WA-424-P in Browse Basin off north west Australia.

Drilling Continues at Irwin-1 Exploration Well in Onshore Perth Basin, WA
Wednesday, April 22, 2015 Drilling operations continue at Irwin-1 exploration well in onshore Perth Basin, Western Australia.

MEO Australia Receives Approval to Vary Permit WA-488-P Work Program
Wednesday, April 22, 2015 MEO Australia receives approval to vary the work program for permit WA-488-P offshore Western Australia.


Key Petroleum Progresses Drilling Preparations for Dunnart-2 Well in WA
Wednesday, April 22, 2015 Key Petroleum progresses drilling preparations for the Dunnart-2 exploration well in permit EP437 in Perth Basin, Western Australia.

Kea Faces 'Precarious' Future as it Seeks Shannon Partner
Tuesday, April 21, 2015 Kea Petroleum says its future is 'precarious' as it seeks funds to drill the Shannon-1 well.

NOPTA Approves Variation to Permit WA-454-P Work Program Off WA
Tuesday, April 21, 2015 The National Offshore Petroleum Titles Administrator approves a request by the WA-454-P joint venture to vary the work program for the permit off Western Australia.

Bass Strait Oil Provides Update on Gippsland Basin Operations off Australia
Tuesday, April 21, 2015 Bass Strait Company provides an update on its Gippsland Basin operations offshore Victoria, Australia.

Douglas-Westwood: BG Acquisition Kicks Start a Fulcrum Year for Mega Gas
Monday, April 20, 2015 Douglas-Westwood says Shell's acquisition of BG "kicks start a fulcrum year for mega gas" in DW Monday.

Atwood Osprey's Drilling Contract Shortened by a Year
Monday, April 20, 2015 Atwood Oceanics reports that Atwood Osprey's current drilling contract has been shortened by a year.

Santos Expects First LNG from Queensland's GLNG Project in 3Q 2015
Friday, April 17, 2015 Santos expects first LNG from Australia's GLNG project in third quarter 2015 as the development in Queensland is nearly 95 percent complete.

Australian Junior Looks to Build a Titan in Face of Downturn
Thursday, April 16, 2015 At a time when capital is scarce Australia's Titan Energy has secured an enviable position for a junior oil and gas company following a major funding deal to advance exploration prospects in Texas.

AWE Finds Gas Shows at Irwin-1 Exploration Well in Onshore Perth Basin
Thursday, April 16, 2015 AWE finds gas shows at Irwin-1 exploration well in the onshore Perth Basin, Western Australia.

Buru-Mitsubishi JV Moves Nearer to Developing WA's Ungani Oil Field
Thursday, April 16, 2015 Buru Energy and its partner Mitsubishi move nearer to developing the Ungani oil field in Western Australia.

Woodside's 1Q 2015 Sales Revenue Falls 16%, Hit by Low Oil Prices
Wednesday, April 15, 2015 Woodside's sales revenue falls 15.9% to $1.408 billion in 1Q 2015 despite a 3% rise in sales volume, with the decline attributed to lower oil prices.

Kongsberg Clinches $10M Contract from Saipem for Ichthys LNG Project Off WA
Wednesday, April 15, 2015 Kongsberg clinches $10 million contract from Saipem to deliver subsea structures for the Ichthys gas project offshore Western Australia.

Polarcus Halfway Through a 3D Seismic Assignment Off Western Australia
Tuesday, April 14, 2015 Polarcus completes 50 percent of a 3D seismic assignment offshore Western Australia.

Papua New Guinea In Talks To Raise Billions To Fund Oil, Gas Plans
Tuesday, April 14, 2015 Papua New Guinea's NPCP is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue.

Ezra CEO: EMAS AMC Order Backlog Will Hold on Subsea Tie-Back Demand
Monday, April 13, 2015 Ezra's CEO is upbeat about prospects for its unit EMAS AMC as demand for subsea tie-back remains strong.

PPP Informs Shareholders to Take No Action on Zeta Energy's Takeover Offer
Monday, April 13, 2015 Pan Pacific Petroleum informs shareholders to take no action regarding Zeta Energy's takeover offer as it prepares a formal recommendation on the acquisition.

Zeta Energy Mounts an On-Market Takeover Bid for Pan Pacific Petroleum
Friday, April 10, 2015 Zeta Energy mounts an on-market takeover bid for Australia's Pan Pacific Petroleum.

Transerv Gets Ready to Drill 2 Wells at Warro Gas Field in Perth Basin
Friday, April 10, 2015 Transerv Energy gets ready to drill Warro-5 and 6 wells in Warro gas field in Perth Basin, Western Australia.

Petrofac Bags Integrity, Maintenance Contract for Ichthys LNG Project
Thursday, April 09, 2015 Petrofac bags an integrity and maintenance program development contract from Inpex for the Ichthys liquefied natural gas project offshore Western Australia.

Carnarvon Confirms Drilling of Roc-1 Well to Proceed as Planned
Thursday, April 09, 2015 Carnarvon Petroleum confirms that drilling of Roc-1 exploration well in permit WA-437-P off Western Australia would not be affected despite field operator Apache's sale of its Australian assets to private equity funds.

Exploration Drilling Continues at Irwin-1 Well in Onshore Perth Basin in WA
Thursday, April 09, 2015 AWE reports that exploration drilling continues at Irwin-1 well in EP 320 in onshore Perth Basin, Western Australia.

Woodside Makes Gas Discovery at Pyxis-1 Exploration Well in Permit WA-34-L
Wednesday, April 08, 2015 Woodside makes a gas discovery at Pyxis-1 exploration well in production license WA-34-L offshore Western Australia.

Oil Production Commences at Pateke-4H Well in PMP 38158 Off New Zealand
Wednesday, April 08, 2015 AWE commences oil production at the Pateke-4H development well in PMP 38158 offshore New Zealand.

Apache Exits Australia E&P Business With $2.1B Sale
Wednesday, April 08, 2015 Apache says it would exit its exploration and production business in Australia by selling its unit there.

Apache Plans to Drill Roc-1 Prospect Offshore Western Australia in 4Q 2015
Tuesday, April 07, 2015 Apache plans to drill Roc-1 prospect in Permit WA-437-P off Western Australia in the last quarter of 2015.

Mosman Provides Update on Murchison Drilling Program in New Zealand
Monday, April 06, 2015 Mosman Oil and Gas provides an update on drilling program in Murchison permit in New Zealand and corporate developments.

Polarcus Secures Additional Funding, Expands Project Offshore Australia
Friday, April 03, 2015 Polarcus secures additional industry prefunding enabling the expansion of the survey northwards with an additional 7,130 square kilometers.

Mega Gas Projects to Boost Indonesia E&P on Regulatory Overhaul
Friday, April 03, 2015 BMI Research sees supportive regulations as necessary to develop two mega gas projects that could stem the decline in Indonesian petroleum production.

Woodside Closes Purchase of Apache's Stakes in Australian Upstream Assets
Thursday, April 02, 2015 Woodside closes purchase of Apache's stakes in Australian upstream assets, comprising the Wheatstone and Balnaves developments.

Buru Energy Secures Indigenous Agreement for Ungani Oil Project in WA
Thursday, April 02, 2015 Buru Energy secures indigenous land use agreement from the Yawuru People to proceed with the Ungani Oil Field project in Canning Basin, Western Australia.

Drilling Continues at Irwin-1 Exploration Well in Onshore Perth Basin
Wednesday, April 01, 2015 AWE reports that drilling continues at Irwin-1 exploration well in onshore Perth Basin, Western Australia.

Neptune Marine Services Bags Rig Move Contract for Apache Off Australia
Wednesday, April 01, 2015 Neptune Marine Services bags a rig position and mooring services contract for Apache Energy in Australia.

Key Receives Environmental Plan Approval for Dunnart-2 Test Program in WA
Tuesday, March 31, 2015 Key Petroleum receives approval of its environmental plan for the Dunnart-2 testing program in EP437 in Perth Basin, Western Australia.

Rampart to Acquire Neon Energy's 80% Interest in Permit WA-503-P Off WA
Monday, March 30, 2015 Rampart Energy to acquire Neon Energy's 80 percent interest in exploration permit WA-503-P offshore Western Australia.

New Zealand Opens Block Offer 2015 for Exploration Permits
Monday, March 30, 2015 New Zealandís Ministry of Business, Innovation and Employment invites bids for exploration permits in the country in Block Offer 2015.

New Zealand Offers More Offshore Areas for Bidding in Block Offer 2015
Monday, March 30, 2015 New Zealand offers more offshore exploration areas for bidding in Block Offer 2015.

Russell: Who Took My Gas? Australia's LNG Boom Hurts Locals
Monday, March 30, 2015 It's somewhat ironic that as Australia ramps up to being the world's biggest exporter of liquefied natural gas, domestic industries are under threat from not being able to source the fuel.

Drilling Commences at Perlubie-3 Appraisal Well in PPL 247 in Cooper Basin
Monday, March 30, 2015 Drilling commences at Perlubie-3 appraisal well in permit PPL 247 in the Cooper Basin, South Australia.

Beach Ups Contingent Resources of Nappamerri Trough Project, Chevron Quits
Monday, March 30, 2015 Beach Energy raises natural gas contingent resources at Nappamerri Trough project in Queensland, Australia as Chevron withdraws from the project.