Amplitude Energy and O.G. Energy are charging ahead with the Otway Basin development, entering a binding joint venture agreement to progress the East Coast Supply Project (ECSP) on a 50/50 basis to deliver additional gas supply to the structurally short east coast market. Read More
Cooper Energy is proposing an expansion of its Casino Henry Netherby development in the Otway Basin that could shore up east coast gas supply.
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3D Energi has exited its Gippsland Basin permit and is now focusing on the Otway Basin prior to its exploration drilling program set to take place in 2025. Read More
The Federal Government will finalise new offshore exploration permits for gas supply to support Australia’s transition to net zero emissions. Read More
The Australian Renewable Energy Agency (ARENA) has announced $2 million to Lochard Energy for an 18-month feasibility study into large-scale hydrogen production in Victoria’s Otway Basin. Read More
For the first six months of the 2024 financial year, Beach Energy had a strong financial performance, recording sales revenue of $941 million. Read More
