Regional News: Austral-Asia

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Australia's Origin Expects Chinese LNG Buyer to Fulfill Contract
Monday, June 29, 2015 Origin Energy expects Sinopec to fulfill its agreement to purchase liquefied natural gas from a $19 billion export project in Australia.

NSE Sells Australia's Cooper Basin, U.S. Assets to Sundance Energy for $18M
Monday, June 29, 2015 New Standard Energy agrees to sell its Australia's Cooper Basin assets and Colorado Country Project in the United States to Sundance Energy for $18.4 million.

AWE Spuds Waitsia-2 Appraisal Well in Western Australia's Perth Basin
Monday, June 29, 2015 AWE spuds Waitsia-2 appraisal well in Permits L1/L2 in Western Australia's Perth Basin.

Kea Agrees to Dispose Assets
Friday, June 26, 2015 Kea Petroleum has conditionally agreed to sell its 70% interest in PEP51153, which could lead to the firm being classified as an investing company under AIM rules.

Icon Energy, Shantou Sino Energy Extend Deadline for Gas Sales Agreement
Friday, June 26, 2015 Australia's Icon Energy and China's Shantou Sino Energy extend completion date for a gas sales agreement.


Otto Energy Appoints Matthew Allen as Managing Director, Continues as CEO
Thursday, June 25, 2015 Otto Energy appoints Matthew Allen as managing director, while continuing as CEO.

Australia's Wesfarmers Acquires 13.7% Stake in Quadrant Energy for $100M
Thursday, June 25, 2015 Australia's Wesfarmers takes a 13.7 percent stake in Quadrant Energy, which acquired Apache's petroleum assets in Western Australia for $2.1 billion earlier this year.

MMA Offshore Secures $77.2M Contract from Chevron Australia
Thursday, June 25, 2015 MMA Offshore secures a $77.2 million contract to provide supply base facilities and services to Chevron in north west Australia.

Strike Commences Ops to Boost Water, Gas Production at SA's SCB Project
Thursday, June 25, 2015 Strike Energy commences operations to boost water and gas production at three Klebb wells in the South Cooper Basin Gas Project in South Australia.

IPB Gets Approval to Extend and Vary WA-485-P Work Program in Browse Basin
Wednesday, June 24, 2015 IPB Petroleum receives official approval for a 12 month suspension, extension and variation to the WA-485-P exploration work program off Western Australia.

Woodside Receives Offers to Renew 7 Retention Leases Offshore WA
Wednesday, June 24, 2015 Woodside receives offers from the authorities to renew seven retention leases offshore Western Australia.

The Future of Ice Gas
Tuesday, June 23, 2015 Rigzone takes a look at what the future holds for exploiting the potential gas resource of methane hydrate, aka ice gas, particularly focusing on developments offshore Japan, the Arctic and New Zealand.

Carnarvon Petroleum Completing Technical Work on Cerberus Blocks Off WA
Tuesday, June 23, 2015 Carnarvon Petroleum is completing technical work on the Cerberus Blocks in the Carnarvon Basin in the North West Shelf offshore Western Australia.

Heritage Oil Drills Kwila-1 Well in PPL 337 in Papua New Guinea
Tuesday, June 23, 2015 Heritage Oil drills Kwila-1 exploration well in PPL 337 in Papua New Guinea.

Indonesia Seeks Regulatory Overhaul to Mitigate Energy Shortfall
Monday, June 22, 2015 Indonesia's petroleum sector is at a crossroad as the government has yet to pass a revised oil and gas law to provide greater certainty for the industry.

TGS Cooperates With Dolphin for Monuments 3D Survey Offshore Australia
Monday, June 22, 2015 TGS will provide data processing services in the Monuments 3D survey, which is being acquired by Dolphin Geophysical in the North Carnarvon Basin offshore Australia.

Apache Fails to Find Hydrocarbons at Olympic 1 Well in WA's Permit EP 473
Thursday, June 18, 2015 Buru Energy says drilling at the Olympic 1 well in permit EP 473 in Western Australia has not uncovered any hydrocarbons so far.

Mosman Finalizing Plans to Drill Te Wiriki-1 Well in NZ's South Island
Thursday, June 18, 2015 Mosman finalizing plan to drill the Te Wiriki-1 exploration well in permit PEP 57608 in New Zealand's South Island.

Minister: Papua New Guinea to Reallocate Around 20 Energy Licenses
Wednesday, June 17, 2015 Papua New Guinea could reallocate as many as 20 of its energy licenses, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy says.

Sir Ralph Norris Retires from Origin Energy
Wednesday, June 17, 2015 Junior energy firm Origin Energy Limited announces that its non-executive director, Sir Ralph Norris, will retire before the company's 2015 annual general meeting.

Comet Ridge Appoints New Executive Director
Wednesday, June 17, 2015 Junior coal seam gas exploration firm Comet Ridge Limited announces the appointment of Christopher Pieters to the role of Executive Director, effective immediately.

AWE Optimistic About Upside Potential of Waitsia Gas Field in Perth Basin
Tuesday, June 16, 2015 AWE says the Waitsia-1 drilling results confirm further upside potential of the Waitsia gas field in Perth Basin, Western Australia.

MEC Gets Approval to Suspend Work Program for EP386 in Bonaparte Basin
Tuesday, June 16, 2015 MEC Resources receives approval from the Department of Mines and Petroleum to suspend its Year 2 work program for Permit EP386 in Western Australia's Bonaparte Basin.

Mosman Oil and Gas Fails in Bid to Acquire MEO Australia
Monday, June 15, 2015 Mosman Oil and Gas fails in bid to acquire MEO Australia.

Work to Return Bowen Basin's Mahalo-7 Well to Production to Begin in July
Monday, June 15, 2015 Santos to commence work to return the Mahalo-7 horizontal well in Mahalo Block in Queensland's Bowen Basin, Australia to production in mid-July.

InterOil Spuds Triceratops-3 Well in Papua New Guinea
Monday, June 15, 2015 InterOil Corporation announces that it has spud the Triceratops-3 appraisal well in Petroleum Retention License 39, located in the Gulf Province of Papua New Guinea.

IPB Petroleum Receives 12 Month Extension at WA-471-P Exploration Permit
Friday, June 12, 2015 IPB Petroleum announces that its application for a twelve month suspension and extension to the WA-471-P exploration permit offshore northwest Australia has been approved by the Commonwealth-Western Australia joint authority

Chevron: Services Companies Critical to Australia's LNG future
Friday, June 12, 2015 Chevron Australia's Managing Director Roy Krzywosinski has stressed the importance of maintaining strong relationships between LNG operators and services companies.

Australia's Titan Energy Services Appoints CEO and CFO
Thursday, June 11, 2015 Australia's Titan Energy Services appoints two senior executives to top posts in the company.

Buru Energy: No Major Hydrocarbons at Olympic 1 yet, Drilling Continues
Thursday, June 11, 2015 Buru Energy Limited reports that significant hydrocarbons are yet to be found at the Olympic 1 exploration well, located in permit EP 473 in Western Australia.

InterOil Resumes Drilling at Wahoo-1 Well in PPL 474 in PNG's Gulf Province
Thursday, June 11, 2015 InterOil resumes drilling at Wahoo-1 well in Petroleum Prospecting License 474 in Gulf Province, Papua New Guinea.

Regulator: Energy Majors To Reduce Output In Indonesia In 2016
Thursday, June 11, 2015 Global energy companies are expected to continue to reduce oil and gas production in Indonesia in 2016, SKKMigas says.

Transerv Expects Drilling at WA's Warro Gas Field to Commence in August
Thursday, June 11, 2015 Transerv Energy expects to drill Warro-5 and 6 wells at the Warro gas field in Western Australia in late August.

WDS Clinches Contract for Arrow's Daandine Expansion Project in Queensland
Wednesday, June 10, 2015 WDS clinches a balance of works contract on Arrow Energy's Daandine Expansion Project in Queensland, Australia.

Partners to Drill Roc-1 Well Off Western Australia with Jackup in 4Q 2015
Tuesday, June 09, 2015 Carnavon Petroleum reports that the Roc-1 well in permit WA-437-P off Western Australia will be drilled in the fourth quarter of 2015 with a jackup.

Key Petroleum Decommissions Dunnart-2 Well
Tuesday, June 09, 2015 Key Petroleum reports no commercial hydrocarbons following testing operations at the Dunnart-2 well, onshore Australia.

AWE Limited Reaches Total Depth at Australian Waitsia-1 Well
Tuesday, June 09, 2015 AWE Limited reaches a total depth of 11,505 feet at the Waitsia-1 appraisal well in the Perth Basin, Western Australia.

AGL Energy Announces Three New Executive Appointments
Tuesday, June 09, 2015 AGL Energy Limited announces three executive appointments, following an organization restructure earlier in the year.

Santos Says First Phase of Australia's GLNG Field Construction Completed
Monday, June 08, 2015 Santos says all three natural gas compression hubs for the GLNG project in Queensland, Australia are operational, marking the end of phase one of the gas field construction.

Australia's Bhagwan Marine Adapts to Changing O& G Business Environment
Monday, June 08, 2015 Australia's Bhagwan Marine adapts to a changing business environment in the oil and gas industry.

Apache Completes Sale of Australian Subsidiary to Macquarie, Brookfield
Monday, June 08, 2015 Apache completes sale of its Australian subsidiary to private equity funds managed by Macquarie and Brookfield.

AWE Provides Update on Waitsia-1 Appraisal Drilling in Western Australia
Friday, June 05, 2015 AWE provides update on drilling at Waitsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Woodside Muscling onto BG-Shell Turf with Global LNG Push
Friday, June 05, 2015 Australia's Woodside Petroleum is expanding its liquefied natural gas (LNG) business and aims to build a global supply network ahead of an expected surge in trading of the fuel, its chief executive says.

Asian Yards Adapt to Industry Downturn
Friday, June 05, 2015 With little signs of a pick-up in newbuild rig orders, shipyards in Asia are turning to other offshore projects to ride out the market doldrums.

Woodside Varies GCS' Scaffolding Contract for North West Shelf Project
Friday, June 05, 2015 Woodside varies Global Construction Services's scaffolding contract for the North West Shelf project's onshore and offshore locations in Western Australia.

Central Acquires 50% Stake in NT's Mereenie Field from Santos for $37.4M
Thursday, June 04, 2015 Central Petroleum acquires a 50 percent operating interest in the Mereenie oil and gas field in the Amadeus Basin, Northern Territory, Australia from Santos for $34.7 million.

APA Completes $4.6B Acquisition of Australia's QCLNG Pipeline from BG
Thursday, June 04, 2015 APA completes $4.6 billion acquisition of the Queensland Curtis liquefied natural gas pipeline in Australia from BG Group.

Galilee Energy Strikes Deal with AGL to Acquire 100% of ATP 529P
Thursday, June 04, 2015 AGL Energy Limited agrees to transfer its 50 percent interest in ATP 529P, located in Australia, to Galilee Energy.

Kina Petroleum Finds No Hydrocarbons at Raintree-1 Well in PPL 337 in PNG
Thursday, June 04, 2015 Kina Petroleum finds no hydrocarbons at Raintree-1 exploration well in PPL 337 in Papua New Guinea.

Norwest Energy Forms Alliance with Rey Resources to Develop Assets in WA
Wednesday, June 03, 2015 Norwest Energy forms strategic alliance with Rey Resources to develop upstream assets it held in the northern Perth Basin, Western Australia.

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