Exploration News for Austral-Asia


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Carnarvon: Presence of Hydrocarbons Indicated at Dorado-1 Well
Friday, July 13, 2018 The presence of hydrocarbons has been indicated at the Dorado-1 well offshore Australia, Carnarvon Petroleum Limited says.

Papua New Guinea Well Hits Gas
Thursday, June 07, 2018 The Kimu 2 appraisal well, located in the forelands region of Papua New Guinea, encounters gas in the target Alene reservoir.

Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.

Australia's Northern Territory Lifts Fracking Ban
Tuesday, April 17, 2018 Australia's Northern Territory lifts a nearly 2-year moratorium on fracking to extract gas, unlocking vast onshore reserves in the resource-rich region.

New Zealand Halts Future Oil And Gas Offshore Exploration Permits
Thursday, April 12, 2018 New Zealand will not grant any new permits for offshore oil and gas exploration, Prime Minister Jacinda Ardern says.

TAG Oil Encounters Potential Oil Pay in New Zealand Well
Tuesday, February 13, 2018 The Pukatea-1 exploration well encounters a potential oil pay.

Pukatea-1 Well Onshore New Zealand Spuds
Wednesday, January 24, 2018 Melbana Energy Limited reveals that the Pukatea-1 exploration well onshore New Zealand has spudded.

Exploration to Increase in 2018 but Investment Constraints Remain
Wednesday, January 17, 2018 Exploration activity will increase in 2018, but market uncertainty and the need to manage debt levels will remain key constraints to investment.

Beach Energy Discovers New Gas Field Onshore South Australia
Thursday, January 11, 2018 Beach Energy Ltd makes a new gas field discovery at Haselgrove-3 ST1, which is located in the onshore Otway Basin in South Australia.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Mining Official: Indonesian Oil, Gas Blocks Attract Bids In 2017
Friday, December 29, 2017 Indonesia received bids from several foreign companies for exploration in five oil and gas blocks in 2017, the deputy energy minister said.

Searcher Seismic Announces New Airborne Survey Over Gulf of Papua
Tuesday, October 31, 2017 Searcher Seismic announces new airborne geophysical survey over the Gulf of Papua.

Mexico And Indonesia Could Be Next Up For Eni's Asset Sales
Friday, October 27, 2017 Eni could sell stakes in its oil and gas fields in Mexico and Indonesia in the next stage of its asset sale strategy, the company says.

Vietnam: Others Should Respect Its Right To Drill For South China Sea Oil
Friday, July 28, 2017 Vietnam says other countries should respect its legitimate right to drill for oil in its waters amid growing tension with China.