Australian Worldwide Exploration (AWE) Company News

Recent Articles

Results 50 articles shown

Waitsia Gas Project Exceeds Pre-Production Expectations
Thursday, December 22, 2016 AWE Limited announced Thursday that well performance from Stage 1A of the Waitsia gas project has exceeded pre-production expectations over the first three months of operations.

Waitsia JV Approves 2017 Development Activities Budget
Friday, December 09, 2016 AWE Limited announced Friday that the Waitsia joint venture has made "strong progress" in its preparations for Stage 2 of the Australian Waitsia gas project.

AWE Commences Gas Sales from Stage 1 of Waitsia Gas Project in Perth Basin
Monday, August 29, 2016 AWE commences first gas sales from Stage 1 of the Waitsia gas project in production license L1/L2 in the Perth Basin, Western Australia.

AziPac to Begin North Madura PSC Exploration in Java Sea by Year End
Tuesday, August 02, 2016 AziPac plans exploration campaign at North Madura Production Sharing Contract (PSC) in Indonesia's Java Sea later this year, with Herry Wibiksana appointed to lead operations in the country.

Santos Successfully Drills the AAL-4XST1 Appraisal Well in the Natuna Sea
Tuesday, June 28, 2016 Santos achieves excellent flow rates in the drilling of the AAL-4XST1 appraisal well for the Ande Ande Lumut oil project in the Natuna Sea offshore Indonesia.

Triangle Energy Buys Cliff Head Oil Field Offshore Perth Basin for $2.4M
Tuesday, June 21, 2016 Triangle Energy acquires 57.5 percent stake in Cliff Head Oil field located offshore West Australia for $2.4 million.

Quadrant Spuds Outtrim East-1 Well in Permit WA-155-P(1) in Australia's NWS
Monday, June 20, 2016 Quadrant Energy spuds Outtrim East-1 well in exploration permit WA-155-P(1) in Australia's North West Shelf.

AWE Scraps Plans to Sell Cliff Head Oil Field in WA's Perth Basin to Elixir
Thursday, June 16, 2016 AWE scraps plans to sell stake in Cliff Head oil field in Western Australia to Elixir Petroleum after reaching deal with a third party.

Santos Plans Sidetrack Ops at AAL-4X Well in Indonesia's NW Natuna PSC
Wednesday, June 15, 2016 Santos plans to commence sidetrack operations at AAL-4X appraisal well in Northwest Natuna block in the Natuna Sea offshore Indonesia.

Santos Finds Oil Shows at AAL-4X Well in Indonesia's Offshore NW Natuna PSC
Monday, May 30, 2016 Santos finds oil shows when drilling AAL-4X appraisal well in Northwest Natuna PSC offshore Indonesia.

Santos Spuds AAL-4Z Appraisal Well in Indonesia's Offshore NW Natuna PSC
Monday, May 16, 2016 Australia's Santos spuds AAL-4X appraisal well in Northwest Natuna production sharing contract, off Indonesia with the jackup Raniworo.

Australia's AWE Rejects Proposed Acquisition by Lone Star Fund
Wednesday, May 11, 2016 AWE rejects Lone Star Fund's proposed acquisition of all shares in the Australian company.

AWE Sells 42.5% in Indonesia's Bulu PSC to HyOil for $20.5M
Thursday, May 05, 2016 AWE inks agreement to sell its 42.5 percent stake in the Bulu Production Sharing Contract offshore East Java, Indonesia to a unit of HyOil for $20.5 million.

Australia's AWE Appoints David Biggs as CEO to Succeed Bruce Clement
Friday, March 18, 2016 Australia's AWE appoints David Biggs to succeed Bruce Clement as CEO and managing director.

European Oil, Gas Companies in Organizational Restructures
Friday, March 18, 2016 Repsol S.A and Gazprom EP International B.V announce a range of organizational restructures, including a number of appointments and departures.

AWE Completes Sale of Stake in Sugarloaf AMI in Texas to CEP II for $190M
Thursday, March 17, 2016 Australia's AWE completes sale of its 10 percent stake in Sugarloaf Area of Mutual Interest in Texas to Carrier Energy Partners II for $190 million.

Elixir Continues Talks to Acquire 57.5% Stake in WA's Cliff Head Oil Field
Wednesday, March 16, 2016 Elixir Petroleum continues talks to acquire 57.5 percent stake in Cliff Head oil field offshore Western Australia from AWE.

AWE Sells 10% Stake in Sugarloaf AMI Project in Texas to CEP II for $190M
Wednesday, January 27, 2016 AWE agrees to sell its 10 percent stake in Sugarloaf Area of Mutual Interest (AMI) project in the Eagle Ford Shale, Texas to Carrier Energy Partners II for $190 million.

New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Monday, January 25, 2016 Australia's AWE and partners in offshore New Zealand's Tui oil development extend the contract for BW Offshore's FPSO Umuroa by a year to the fourth quarter of 2017.

AWE, Origin to Develop Waitsia Gas Field Project in Onshore Perth Basin
Tuesday, January 05, 2016 The AWE-Origin Energy L1/L2 joint venture approves development of the first stage of the Waitsia gas field project in onshore Perth Basin, Western Australia.

Elixir Gets More Time for Due Diligence for Cliff Head Oil Field Off WA
Monday, November 30, 2015 AWE extends the due diligence period for Elixir Petroleum's acquisition of a 57.5 percent stake in the Cliff Head oil field off Western Australia.

Elixir Petroleum Acquires AWE's 57.5% Stake in Cliff Head Oil Field Off WA
Monday, October 26, 2015 Elixir Petroleum acquires AWE's 57.5 percent stake in Cliff Head oil field offshore Perth Basin, Western Australia

ROC Fails to Find Hydrocarbons at QK12-3-1D Well in China's Bohai Bay Basin
Tuesday, October 20, 2015 ROC Oil fails to find hydrocarbons at QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.

AWE's CEO Bruce Clement to Step Down in 2016, Firm Searching for Successor
Thursday, October 08, 2015 Bruce Clement will step down as CEO of Australia's AWE in 2016 and the firm has commenced the search for his successor.

AWE Commences Flow Testing Program for Waitsia-1 Well in Perth Basin
Wednesday, October 07, 2015 AWE commences flow testing program for the Waitsia-1 well to further appraise the Waitsia gas discovery in the onshore Perth Basin, Western Australia.

Petsec Energy Completes Acquisition of 29.75% Stake in Yemen's Block 7
Thursday, October 01, 2015 Australia's Petsec Energy completes acquisition of a 29.75 percent stake in Yemen's onshore Block 7 in the Al Barqa permit from Mitsui and AWE.

Roc Oil Spuds QK12-3-1D Exploration Well in China's Bohai Bay Basin
Wednesday, September 23, 2015 Roc Oil spuds QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.

Yolla-5 Well Start-up Boosts Production of Australia's BassGas Project
Tuesday, September 08, 2015 AWE says Australia's offshore BassGas project production gets a boost with start-up of Yolla-5 development well.

Australia's AWE Posts Underlying Net Loss After Tax of $37.52M
Monday, August 24, 2015 Australia's AWE posts an underlying net loss of $37.52 million for financial year 2014-2015 ending June 30.

AWE Raises WA's Perth Basin Gross Recoverable Gas to 700 Bcf
Friday, August 21, 2015 AWE raises onshore Perth Basin gross recoverable gas in Western Australia to more than 700 billion cubic feet after evaluating the Waitsia-1 and Waitsia-2 appraisal well results.

Production Commences at Yolla-6 Well in Australia's BassGas Project
Thursday, July 30, 2015 AWE says Yolla-6 development well in the BassGas project in Permit T/L1 in Bass Strait, offshore Australia has commenced production.

Waitsia-2 Appraisal Well Onshore Australia Hits TD
Monday, July 27, 2015 The Waitsia-2 appraisal well, operated by AWE Limited, reaches a total depth of 11,581 feet.

AWE Drops Plans to Proceed with WA's Drover-1 Phase 2 Exploration Program
Friday, July 24, 2015 AWE drops plans to proceed with Phase 2 of the Drover-1 exploration program in permit EP455 the Perth Basin, Western Australia.

AWE Trims Yolla Field Reserves in Australia's Bass Strait
Monday, July 20, 2015 AWE reduces reserves at Yolla field in the Bass Strait, offshore Australia and updates on drilling at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

AWE Updates on Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
Monday, July 13, 2015 AWE updates on drilling operations at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

AWE Continues Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
Monday, July 06, 2015 AWE continues to drill the Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Origin Energy Evaluating Drilling Results of Yolla-5 Well in Bass Straits
Friday, July 03, 2015 Origin Energy is evaluating drilling results of the Yolla-5 development well in permit T/L1 in Bass Strait, offshore Australia.

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.

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.

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.

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.

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.

AWE Continues Drilling at Waitsia-1 Appraisal Well in Western Australia
Friday, May 29, 2015 AWE continues drilling at Waitsia-1 appraisal well in Perth Basin, Western Australia to test gas potential of the Waitsia field.

AWE Updates on Drilling at Waitsia-1 Appraisal Well in Perth Basin
Friday, May 22, 2015 AWE updates on drilling at Watsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

AWE Spuds Perth Basin's Waitsia-1 Appraisal Well in Western Australia
Friday, May 15, 2015 AWE spuds Waitsia-1 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

AWE Secures $326M Loan Facility
Thursday, May 14, 2015 AWE secures a new $326 million loan facility to support the company's growth strategy and development plans.

AziPac Acquires 50% Stake in North Madura PSC Offshore Java
Tuesday, May 12, 2015 AziPac acquires 50 percent stake in North Madura Production Sharing Contract offshore north east Java, Indonesia.

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.

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.

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.