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AGL next on gas radar for Shell and PetroChina
ROYAL Dutch Shell and PetroChina's joint tilt for Arrow Energy could be followed up by a $1.3 billion bid for AGL Energy's Queensland coal seam gas assets as the majors extend their grab for reserves.
More gas mergers in the pipeline
WOODSIDE'S Don Voelte is a sceptic. The Nebraskan-born oil and gas devotee has been one of the most vocal doubters of the potential of coal seam gas as feedstock for the liquefied natural gas export market.
JV to service Qld CSG sector
A NEW joint venture has been formed by international energy services company Wood Group and Toowoomba-based Wagners to service Queensland’s coal seam gas sector.
Qld govt offers $10M to skill workers for CSG-LNG industry
THE Australian Petroleum Production Exploration Association has welcomed the Queensland government’s $10 million flagship training program, saying it would help kick off new careers in the burgeoning coal seam gas-to-liquefied natural gas industry.
WestSide pushes on with Dawson Seamgas
WESTSIDE Corporation says its plans to form a joint venture with Mitsui E&P for the acquisition of the Dawson Seamgas coal seam gas fields in the Bowen Basin have been unaffected by the pre-emption on adjoining tenements.
More CSG acquisitions in the making?
SHELL and PetroChina’s bid for Arrow Energy could well spark a new wave of consolidation in the coal seam gas sector.
PetroChina joins Shell in $3.3bn bid for Arrow Energy
OIL giants Shell and PetroChina have made a combined $3.3 billion bid for Queensland coal seam gas producer Arrow Energy as consolidation in Gladstone’s burgeoning export liquefied natural gas industry steps up.
Drillsearch cranks up Cooper CSG resource
DRILLSEARCH Energy’s confidence in its Western Cooper Basin unconventional gas project has received a boost after the second phase of an independent technical review increased the prospective resource potential by more than 360%.
Australian gas potential clear: report
GEOSCIENCE Australia and the Australian Bureau of Agricultural and Resource Economics have compiled for the first time a comprehensive report on Australia’s identified and potential energy resources.
APLNG to sell gas to BG
THERE is finally some collaboration on the coal seam gas-to-liquefied natural gas scene with the Australia Pacific LNG joint venture agreeing to sell gas to BG’s Queensland Curtis LNG.
Icon pushes ahead with Surat CSG campaign
ICON Energy continues to achieve positive results from its drilling program in ATP 626P of the Surat Basin with the Lydia-6 well penetrating 13m of net coal.
Bow’s Blackwater CSG program continues to deliver
BOW Energy’s sixth well in its nine-well proven and probable reserve certification campaign at the Blackwater coal seam gas field has intersected the thickest Rangal Coal Measures to date.
Arrow Wins Approval for A$550 Million Queensland Gas Pipeline
Arrow Energy Ltd., Royal Dutch Shell Plc’s coal-seam gas partner in Australia, won government approval to build a pipeline to the proposed Fisherman’s Landing liquefied natural gas plant in the state of Queensland.
LNG dreaming with Santos
SANTOS has big ambitions for its Gladstone liquefied natural gas project in Queensland with chief executive David Knox wanting the company to operate an LNG complex bigger than the North West Shelf.
Arrow ponders international spin-off
ARROW Energy has revived plans to spin off at least part of its international arm, a move that could free up cash needed to fund the Fisherman’s Landing liquefied natural gas project in Gladstone.
Arrow funnels cash to LNG dream
Australian integrated energy player Arrow Energy saw cash flow from continuing operations soar for the half year to 31 December as it boosted electricity generation revenue, but reported a net loss as it ramped up investment in its Fisherman’s Landing liquefied natural gas project.
CSG players crank up resources, reserves
METGASCO has upgraded its gas reserves for PEL 16 in the Clarence Moreton Basin while fellow coal seam gas player Eastern Star Gas has upgraded its contingent resources for the Narrabri CSG project.
Action needed to fill LNG jobs
QUEENSLAND Resources Council chief executive Michael Roche has called on the state government to reform vocational education and training to meet the needs of the liquefied natural gas industry.
Arrow snaps up Fisherman’s Landing
ARROW Energy is acquiring the Fisherman’s Landing LNG plant in Gladstone from Liquefied Natural Gas Ltd for about $168 million including an upfront payment of $A51 million in cash and options.
Santos Says Increase in Gladstone LNG Reserves Exceeds Target
Santos Ltd., which plans a A$16.4 billion ($14.2 billion) liquefied natural gas project with Malaysia’s Petroliam Nasional Bhd. in Queensland, said the increase in reserves for the venture beat its targets.
AGL next on gas radar for Shell and PetroChina
