Cooper Energy and Beach Energy have been awarded an onshore exploration permit petroleum exploration licence (PELA) in the Otway Basin, South Australia. The PELA 680 permit has been awarded to the joint
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3D Oil secures Otway farmout with ConocoPhillips
3D Oil has completed the farmout of T/49P in the Otway Basin to ConocoPhillips following approval from the National Offshore Petroleum Titles Authority (NOPTA). Under the terms of the joint operating agreement
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Diamond Offshore disputes Beach contract termination
Diamond Offshore Drilling has filed a complaint to the United States bankruptcy court disputing Beach Energy’s termination of a $US65 million ($101 million) drilling contract in the Otway Basin,
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Beach terminates Otway Basin rig contract
Beach Energy remains committed to the development of its Otway Basin gas reserves offshore Victoria despite terminating a rig contract. The company and its joint venture partner OGOG have stated they
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Lakes Oil prepares for onshore gas exploration return
Lakes Oil is encouraged that onshore gas exploration in Victoria has been recognised, with the company holding gas resources in the Gippsland and Otway regions. Despite the Victorian Government extending
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Victoria lifts ban on onshore gas
The Victorian Government will today introduce two new bills that will see the freeze on onshore gas exploration and production lifted, and fracking banned for good. The new legislation will see the historic
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Cooper on verge of first gas at Sole
Cooper Energy expects to start supplying gas from its Sole project offshore Victoria into the Eastern gas pipeline by March. The $355 million project was originally due to start commercial sale in July
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Cooper, Mitsui reveal Victorian gas field resource
Operator Cooper Energy has assessed the 2C contingent resource for the Annie gas field offshore Victoria in the Otway Basin. The company reported that the Annie gas field has an estimated 8.9 MMboe, with
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Beach increases budget for 2020 project development
Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled
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Cooper secures Casino Henry gas contract
Cooper Energy has signed a gas supply agreement with O-I for the supply of one petajoule per annum for two years commencing January 2021. The gas will be supplied from the company’s equity share of production
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