Anzon Australia Company News

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Ocean Patriot Completes Drilling Program at BMG Field
Thursday, September 03, 2009Following completion of the Basker-7 development well as a future producer, the Ocean Patriot rig has departed the BMG field having completed the 2009 workover and drilling program ahead of schedule.

Pertamina Picks Up Stake in Offshore BMG Project
Wednesday, August 19, 2009Anzon Australia has completed the sale of a 10% participating interest in Production Licenses VIC/L26, VIC/L27 and VIC/L28, offshore Victoria, which include the BMG project, to a subsidiary of Pertamina.

Roc Oil Highlights Workover Program at BMG Oil and Gas Field
Tuesday, August 04, 2009Anzon Australia, a wholly owned subsidiary of ROC, has provided an update on BMG Oil and Gas Field operations.

BMG JV Suspends B5 Workover, Moves Ocean Patriot to B3 Well
Tuesday, June 23, 2009Anzon Australia advised that the Basker-5 well workover has been suspended and the Ocean Patriot rig moved to the Basker-3 well workover.

Ocean Patriot Spins Bit for BMG Drilling Program
Tuesday, June 16, 2009The Ocean Patriot rig has commenced the 2009 drilling program for the BMG Project.

Pertamina Picks Up 10% Interest in Offshore Basker Manta Gummy Project
Wednesday, May 27, 2009ROC's subsidiary, Anzon Australia, will sell a 10% participating interest in Production Licenses VIC/L26, VIC/L27 and VIC/L28, offshore Victoria, which include the BMG project, to Pertamina.

BMG Project Participants File Defense in Australian Court
Friday, April 17, 2009Today, the participants in the BMG Project have jointly filed a Defence to the Statement of Claim in the Federal Court of Australia related to BW Offshore's claim seeking recovery costs for the BMG Phase 2 Project.

Anzon Calls Off Deal with BW Offshore for Basker Manta Gummy FPSO
Friday, December 19, 2008Anzon Australia Ltd. has terminated the LOI signed with BW Offshore for the supply of a FPSO for the proposed BMG Phase-2 Project.

Roc's Takeover Offer for AZA's Shares to Close Monday
Friday, October 03, 2008ROC announced that as of October 3, 2008, ROC and its associates have a relevant interest in 90.73% of the ordinary shares in AZA.

Nexus Approves Roc's Takeover Offer for AZA
Thursday, October 02, 2008ROC has received acceptances from Nexus in respect of its holding of 71.3 million shares in AZA.

Basker-Manta-Gummy Increases Production 30%
Monday, September 15, 2008The Basker-Manta-Gummy (BMG) Joint Venture has completed the installation of the 6 inch, 5.5 km flowline from the B6ST1 subsea tree to the Basker manifold. Production from the well commenced to plan on September 8th.

Anzon Australia Gets Extension for Shareholders' Statement
Thursday, August 21, 2008Anzon obtained from ASIC a modification of the Corporations Act 2001 so that the time by which Anzon Australia is required to print and despatch its Target's Statement to its shareholders has been extended from Aug. 28 to Sept. 8, 2008.

Aker Solutions Wins $12 Million in Subsea Contracts
Monday, June 02, 2008Aker Solutions has been awarded two contracts worth a total of US $12 million for manufacture and delivery to subsea field developments in Australia and India.

Nexus Nixes Anzon Merger
Monday, May 05, 2008Nexus confirms that it has agreed with AZA and AEL to terminate the merger implementation deeds relating to the Merger.

Anzon Reports Successful Completions at Basker 6 ST1
Friday, May 02, 2008Since the last Basker 6 ST1 report the weather in Bass Strait has abated and operations to complete the well have continued successfully.

Anzon: Independent Expert Finds Merger Offer Fair and Reasonable
Thursday, March 06, 2008Deloitte Corporate Finance, who was commissioned by Anzon Australia to prepare an independent expert's report on the Merger, have concluded that the Merger is fair and reasonable and therefore in the best interests of Anzon Australia shareholders.

Anzon Australia to Commence Basker-6 Well
Wednesday, March 05, 2008The Ocean Patriot semi-submersible rig expects to spud Basker-6 on March 6 and to take approximately 40 days to drill and complete the well.

Anzon Energy and Nexus Intended Merger Meets Popular Approval
Wednesday, March 05, 2008Pursuit of the merger has been unanimously approved by board members. A scheme meeting will be held in April to bring shareholders to a vote.

Meeting Scheduled to Discuss Anzon, ARC Merger
Thursday, December 13, 2007The Federal Court of Australia has ordered a meeting of shareholders of Anzon Australia to enable a vote on the proposed Merger with ARC Energy.

Nexus Energy Ups Stake in Anzon Australia
Wednesday, December 05, 2007Anzon Energy reports that Nexus Energy Limited has increased its interest in Anzon Australia Limited to 18.24%.

Anzon Ramps Up Production at Basker Manta
Thursday, November 22, 2007The Basker Manta Joint Venture reports that production from the Basker and Manta Oil fields has been restored to continuous rates in excess of 12,000 bbls/d.

Basker Manta Mooring Repaired; Operations Returning to Normal
Wednesday, November 14, 2007The Basker Manta Joint Venture has re-established normal operations in their Gippsland Basin project.

ARC Energy to Acquire Anzon
Wednesday, October 24, 2007Anzon Energy Limited has selected ARC Energy as the preferred bidder to acquire both AZA and AEL.

Anzon and ARC Halt Trading While Negotiating Merger Terms
Monday, October 22, 2007Anzon and ARC are currently negotiating the final terms of a proposed merger and have requested a trading halt in the shares of both of the ASX listed companies for a period of two days while negotiations are finalized.

JDR Umbilical Systems Picks Up Australia Work
Wednesday, October 10, 2007JDR Umbilical Systems is expanding its footprint in the rapidly growing Asian Pacific region by garnering substantial contracts to provide umbilicals to three of Australia’s prominent oil and gas producers.

BMG JV Completes Itochu Farm-in
Friday, October 05, 2007The Basker Manta Gummy Joint Venture has completed a farm-in transaction with ITOCHU, in which ITOCHU has acquired a 20% interest in BMG JV.

Anzon Australia Welcomes Investment by Nexus Energy
Thursday, October 04, 2007AZA is running a process that may lead to an offer or proposal being put to AZA shareholders, and it is being progressed with the full support of its major shareholders, AEL.

Nexus Energy Increases Stake in Anzon Australia
Wednesday, October 03, 2007Anzon Energy notes that Nexus Energy informed the ASX that it has increased its interest in Anzon Australia, by 20,285,096 ordinary shares, to a total interest of 60,715,901 ordinary shares, or 16.39% of the current issued share capital of AZA.

Nexus Energy Acquires 10% Stake in Anzon Australia
Monday, September 24, 2007Nexus Energy has acquired 10.91% of the current share capital of Anzon Australia Limited, which is a subsidiary of Anzon Energy Limited.

Anzon Sells 10% Stake in BMJ Project to Itochu
Friday, August 10, 2007Anzon Australia Limited will receive A$123 million having concluded negotiations with ITOCHU Corporation of Japan for the sale of 10% of the Basker Manta Gummy (BMG) Joint Venture.

Anzon Secures Construction Vessel to Repair Basker Spirit
Wednesday, July 25, 2007Anzon reports that the BMG Joint Venture has secured the construction vessel it needs to reinstate the Basker Spirit mooring system.

Weather, Repairs Hamper Basker Manta Gummy Production
Thursday, June 28, 2007The Basker Manta Gummy Joint Venture said that the Manta swivel changes have been completed and production resumed last weekend, despite severe weather conditions during the shutdown.

BMG Partners Secure 15-year Sales Deal
Monday, March 19, 2007Beach Petroleum Limited and its joint venturer in the Basker Manta Gunny (BMG), Anzon Australia, have signed a 15-year gas sales agreement (GSA) with Alinta Limited to supply gas from the offshore Gippsland fields to Tasmania for power generation.

Anzon Australia Putting Finishing Touches on Basker Manta
Tuesday, January 02, 2007The Basker Manta Project commissioning has progressed over the past two weeks, since commencement on December17, 2006, with uninterrupted production of approximately 90 thousand barrels.

Production Begins from Manta 2A Well Offshore Australia
Monday, December 18, 2006The Basker Manta Joint Venture reports that first production from the Basker Manta project has started, marking the completion of the A$330 million world class offshore development in Gippsland.

FPSO Crystal Ocean Arrives in Gippsland Basin
Sunday, November 26, 2006The Basker Manta Joint Venture reports that the recently upgraded FPSO Crystal Ocean has arrived on location in Bass Strait, and is preparing to reconnect to the subsea production system.

Anzon Completes Another Banking Facility
Thursday, November 02, 2006Anzon Australia Limited ("Anzon" or "the Company") is pleased to announce the completion of an additional US$20 million Standby financing facility.

Tap Oil Spuds Cutter-1 Exploration Well
Tuesday, October 10, 2006Tap Oil reports that drilling operations at the Cutter-1 exploration well offshore New Zealand commenced earlier this week.

Basker Manta Field Operations Recommence
Thursday, September 28, 2006The arrival of the CSO Venturer at the Basker Manta Project location in Bass Strait earlier this week signaled the recommencement of field operations leading to Full Field Development production.

Basker Manta Oil Reserves Increase by Another 33%
Thursday, August 17, 2006The Basker Manta Gummy (BMG) Joint Venture of Anzon Australia Limited and Beach Petroleum has reported the results of an Independent Engineering Audit of its oil and gas Reserves and Resources.

Anzon Inks Deal with Arrowhead to Acquire a Stake in PEP 38259
Friday, August 11, 2006Anzon Australia Limited has reached agreement with Arrowhead Energy Limited to acquire a 15% interest in PEP 38259, an exploration permit located in the Canterbury Basin, offshore New Zealand's South Island.

Basker Manta Moves into Final Phase
Monday, July 10, 2006Anzon Australia Limited said that the Ocean Patriot drilling rig was released from the Basker Manta location on Monday.

Anzon: Basker-Manta Development Making Good Progress
Monday, June 19, 2006Reporting on the status of its Basker-Manta project in Australia's Gippsland Basin, Beach Petroleum said the Ocean Patriot semisub has run the completion equipment and perforated selected zones in the final three development wells.

Anzon Receives Acceptances for More than 15% of Nexus
Tuesday, June 06, 2006Anzon Australia Limited has achieved acceptances of approximately 55.5 million shares, or 15.4%, of Nexus Energy Limited in response to its Takeover Offer.

Nexus Calls Anzon's Takeover Offer 'Opportunistic'
Thursday, April 06, 2006Australian oil and gas company Nexus Energy said that the bidder’s statement lodged by Anzon Australia in support of its hostile takeover offer confirmed that the bid undervalues Nexus and is opportunistic and highly conditional.

Anzon Sees Better Than Expect Results at Basker-5
Monday, April 03, 2006Wireline logging and pressure surveys have revealed better than expected results, confirming 57.4 m of hydrocarbon pay thickness at the Basker-5 well.

Nexus Rejects Anzon's Hostile Takeover Bid
Friday, March 31, 2006International TME Resources reports that the operator of VIC/P54 offshore Australia, Nexus Energy, has rejected a hostile $171 million takeover bid from Anzon Australia. Nexus described the bid as inadequate.

Anzon Makes Offer to Acquire Nexus Energy
Monday, March 20, 2006Anzon Australia Limited announced its intention today to make an Offer by means of an off-market takeover bid for all the ordinary shares in Nexus Energy Limited.

Nexus Rejects Anzon's Takeover Bid
Monday, March 20, 2006Nexus Energy rejects the hostile takeover launched today by Anzon Australia Ltd as opportunistic and one that does not fully value Nexus.

BMG Joint Venture Confirms Second Oil Field
Thursday, February 23, 2006The Manta-2A well has successfully achieved all its primary objectives. The quality of the reservoir sands is similar to those encountered in Manta-1.