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Beach makes a move on Adelaide Energy
Mon, 7 November 2011
Beach Energy has launched a takeover bid for Adelaide Energy, priced at $A0.20 a share, as the company progresses plans for unconventional exploration in the Cooper Basin.
A new shift in the global energy scene: Australian shale
Beach Energy’s Holdfast-1 well became Australia’s first exploratory shale gas well in South Australia’s Cooper Basin on 12 July 2011. Gas Today Associate Editor Lauren Molan speaks with Managing Director Reg Nelson to discuss how the junior explorer turned an unconventional idea into a real-life revolution, and sheds light on the future of Australia’s newly established shale industry.
Striking a claim on shale
Fri, 4 November 2011
A joint venture between Beach Energy, Senex Energy and Strike Energy will begin a shale gas exploration program in the Cooper Basin, located in South Australia, in 2012.
Gas supply agreement supports field commercialisation
Thu, 13 October 2011
A joint venture between ERM Power, Empire Oil and Gas, and Wharf Resources has entered into a gas supply agreement to sell 15,000 terajoules of gas to Alcoa from the Gingin West-1 and Red Gully-1 gas fields located in Western Australia’s onshore Perth Basin.
Farm-out finalised for Goldwyer shale
Tue, 4 October 2011
ConocoPhillips will spend up to $A113.5 million to earn and retain the rights to a 75 per cent working interest in the Goldwyer Project in the Canning Basin, Western Australia, with New Standard Energy.
Wheatstone gets FID green light
Tue, 27 September 2011
Chevron has made a final investment decision (FID) on it's Wheatstone project located offshore, western Australia.
New unchartered acreage for gas explorers
Mon, 12 September 2011
The Western Australian Department of Mines and Petroleum has released petroleum acreage in the Canning Basin, northern Carnarvon Basin and Perth Basin.
Joint venture targets Otway shale gas
Tue, 16 August 2011
A Beach Energy and Somerton Energy joint venture has secured permit PEP 171 to target shale gas in the Otway Basin, western Victoria.
UCG in focus
Unconventional joint venture for Drillsearch and QGC
Thu, 28 July 2011
Drillsearch Energy has formed an $A130 million joint venture with QGC to explore and develop unconventional shale and tight gas resources in the Cooper Basin.
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