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3 September 2010
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LAST WEEK'S STORIES

 Wednesday, 1 September 2010

Chief Financial Officer
(Wednesday, 1 September 2010)

  • Strategic Commercial and Operational Focus
  • Lead Organic Growth and M&A Initiatives
  • (Conventional and Unconventional Energy)
  • Brisbane based location

    • Full Story...



    Shareholder movements, midweek update
    Exclusively for Premium Subscribers
    (Wednesday, 1 September 2010)

    MCCORMACK into APA Group; Gillard, Babidge, Bennett, Koo into Eneabba Gas; Morton, Baker, Kairiki Energy; Eley Griffiths into Mermaid Marine Australia; The Capital Group into Oil Search; Stuart Petroleum, Parncutt into Stuart Petroleum; McDonald into WDS;
    Full Story...



    Personnel movements, midweek update
    Exclusively for Premium Subscribers
    (Wednesday, 1 September 2010)

    KATE Spargo, Transfield Services; Dr Steve Mackie, Dr Keith Jackson, Bass Strait Oil Company; Geoffrey Towner, Caroline Bentley, Amadeus Energy; John Fitzgerald, AGL Energy; John Sheppard, Ted Ellyard, Richard O’Shannassy, Key Petroleum; James Baulderstone, David Lim, Santos; Bruce Parncutt, Stuart Petroleum.
    Full Story...



    InterOil moves to settle lawsuit
    (Wednesday, 1 September 2010)

    INTEROIL has reached an agreement to settle all claims against it and its subsidiaries brought by a group of plaintiffs.
    Full Story...



    Queensland opens up CSG groundwater data
    (Wednesday, 1 September 2010)

    QUEENSLAND has set up a new interactive online portal providing the latest information on coal seam gas groundwater monitoring in the Surat and Bowen basins.
    Full Story...



    Cooper turns a profit
    (Wednesday, 1 September 2010)

    COOPER Energy is back in black after reporting a net profit after tax of $1.2 million for the 2010 financial year.
    Full Story...



    WorleyParsons lands Canadian oil field FEED
    (Wednesday, 1 September 2010)

    WORLEYPARSONS has been awarded a $US61 million ($A68.4 million) contract from ExxonMobil for the front-end engineering and design of the topsides for the Hebron heavy oil field in the Jeanne d'Arc Basin offshore Canada.
    Full Story...



    TSMarine providing rigless alternative
    (Wednesday, 1 September 2010)

    TSMARINE has signed a $100 million contract to deliver worldwide support for Expro’s AX-S subsea well intervention system.
    Full Story...



    Demand concerns continue to haunt oil
    Exclusively for Premium Subscribers
    (Wednesday, 1 September 2010)

    OIL prices have ended the month on a low, dropping 3.8% last night amid continued worries about high US crude inventories and forecasts Hurricane Earl will miss oil and gas operations in the Gulf of Mexico.
    Full Story...



    US Update
    (Wednesday, 1 September 2010)

    NEON adds to oil output; Samson drilling delays; Solimar to start appraisal program; Buccaneer secures Alaskan leases.
    Full Story...



    ADX gets good signs from Tunisian well
    (Wednesday, 1 September 2010)

    ADX Energy is moving to run wireline logs in its Lambouka-1 well in Tunisia after encountering preliminary positive indications in the Abiod reservoir section.
    Full Story...



    SEAAOC keeps growing
    (Wednesday, 1 September 2010)

    MORE than 650 leading Australian and Southeast Asian resources professionals will descend on Darwin later this month for the SEAAOC conference, which will host the largest exhibition of its type.
    Full Story...


     Tuesday, 31 August 2010

    BP takes spill blame
    (Tuesday, 31 August 2010)

    BP has reportedly accepted some of the blame for the devastating Deepwater Horizon incident in the Gulf of Mexico that left 11 dead and resulted in the worst oil spill in US history.
    Full Story...



    Horizon brightening
    (Tuesday, 31 August 2010)

    FULL production from the offshore Taranaki Maari oil field and the sale of a half interest in PRL 4, Papua New Guinea, have allowed Horizon Oil to return to profit.
    Full Story...



    Caltex expanding Port Hedland fuel terminal
    (Tuesday, 31 August 2010)

    CALTEX Australia is expanding its fuel terminal at Port Hedland in Western Australia to provide additional capability for servicing the offshore oil and gas as well as mining industry.
    Full Story...



    Petsec assessing financing options
    (Tuesday, 31 August 2010)

    PETSEC Energy has appointed financial advisors to help the company with financing strategies to repay its subordinated term debt and secure funds for its share of the Beibu Gulf development in China.
    Full Story...



    Caza launches new initiative
    (Tuesday, 31 August 2010)

    SPECIALIST recruiters Caza Energy Recruitment has teamed up with HSEplus to offer a recruitment and training package for employers.
    Full Story...



    Cheal a boon for TAG
    (Tuesday, 31 August 2010)

    NEW Zealand-focused Canadian company TAG Oil has more than doubled its revenue for the June 2010 quarter, compared to the corresponding 2009 period, reporting production revenue of $C1.8 million ($A1.9 million).
    Full Story...



    Renewable energy not the only answer to climate change: APIA
    (Tuesday, 31 August 2010)

    THE Australian Pipeline Industry Association is calling on the government and opposition to consider natural gas in their deliberations with the independent members of parliament.
    Full Story...



    CalEnergy, Key to spin drillbit in Perth Basin
    (Tuesday, 31 August 2010)

    CALENERGY Resources and Key Petroleum are poised to kick off in October a two-well drilling program in the North Perth Basin’s EP 437.
    Full Story...



    BAM Clough lands $A287M PNG LNG job
    (Tuesday, 31 August 2010)

    THE BAM Clough Joint Venture has been awarded a letter of intent to proceed with the design and construction of the liquefied natural gas and condensate offloading jetty for the PNG LNG project.
    Full Story...


     Monday, 30 August 2010

    CSG boost for AJ Lucas outlook
    (Monday, 30 August 2010)

    AJ Lucas is optimistic of a stronger 2011 financial year after the company had a challenging FY10, recording lower revenues and net loss after tax of $7.1 million.
    Full Story...



    Apache, Santos firm up Halyard plans
    (Monday, 30 August 2010)

    APACHE Energy and Santos have confirmed plans to develop the Halyard field in WA-13-L, Carnarvon Basin, as a domestic gas project for Western Australia.
    Full Story...



    Beach mapping its moves
    (Monday, 30 August 2010)

    BEACH Energy is aiming to at least double production and reserves during the next 2-5 years after posting a net profit after tax of $33.1 million for the year ended June 30, 2010.
    Full Story...



    Cougar to meet with DERM
    (Monday, 30 August 2010)

    COUGAR Energy is set to meet with Queensland’s Department of Environment and Resource Management this week to clarify requests for additional information on its Kingaroy environmental evaluation report.
    Full Story...



    TSMarine receives Bourbon fix
    (Monday, 30 August 2010)

    TSMARINE has signed a three-year charter for the newbuild Bourbon Oceanteam 104 DP2 construction vessel that will allow the company to offer its services as a primary contractor.
    Full Story...



    CCS projects get funding boost
    (Monday, 30 August 2010)

    CO2CRC has received $855,000 in additional funding for two carbon dioxide capture projects from Brown Coal Innovation Australia under Victoria’s Energy Technology Innovation Strategy.
    Full Story...



    Comet Ridge going it alone in PMP 50100
    (Monday, 30 August 2010)

    COMET Ridge now has total control of its West Coast, New Zealand, coal seam gas mining lease, following the withdrawal of its former joint venture partner, private company Macdonald Investments.
    Full Story...



    NZ to bring petroleum law into the future
    (Monday, 30 August 2010)

    THE New Zealand government has announced it intends to “update, streamline and future-proof” the Crown Minerals Act, something the oil and gas industry has welcomed.
    Full Story...



    L&M seeks more data to place Ohai pilot
    (Monday, 30 August 2010)

    LISTED junior explorer L&M Energy is acquiring more seismic data as it seeks the optimum location for the initial pilot test well at its Ohai coal seam gas field in Southland, New Zealand.
    Full Story...



    Drillsearch to offload CER
    (Monday, 30 August 2010)

    DRILLSEARCH Energy is set to sell its interest in Circumpacific Energy Corporation (CER) after the Canadian subsidiary entered into a definitive plan of arrangement agreement with a private company.
    Full Story...



    Central gives Trident time for Johnston West
    (Monday, 30 August 2010)

    CENTRAL Petroleum has signed a deal that allows farm-in partner Trident Energy time to raise funds for the Johnston West-1 well in EP 115, Northern Territory, in the event of a discovery.
    Full Story...



    Advent locks in offshore Sydney well site
    (Monday, 30 August 2010)

    ADVENT Energy has confirmed the location of the upcoming New Seaclem-1, the first well to be drilled in the offshore Sydney Basin.
    Full Story...



    Tangiers, Pancontinental pull out of Cooper-Eromanga block
    (Monday, 30 August 2010)

    TANGIERS Petroleum and Pancontinental Oil and Gas have decided to surrender the ATP 587P Cooper-Eromanga permit after recent remapping increased the risk profile of the Irriculla-2 well.
    Full Story...



    AED firms belief in Brunei block
    (Monday, 30 August 2010)

    AED Oil and its Block L Brunei joint venture have decided to proceed with the second phase exploration program for the block, reflecting the JV’s high expectations of the acreage.
    Full Story...



    Slugcatcher on the election game-changer
    (Monday, 30 August 2010)

    WHY did we see a sudden burst of merger talk last week in Queensland’s budding coal seam LNG industry? Perhaps, as Gough Whitlam famously said in 1972, “it’s time”, or perhaps, as Slugcatcher suspects, there was another political force at work called Green power.
    Full Story...


     Friday, 27 August 2010

    Shareholder movements for the week ending August 27
    Exclusively for Premium Subscribers
    (Friday, 27 August 2010)

    POWER, Rigg, Cook into Elk Petroleum; Beach Energy out of Somerton Energy; Tchacos into AuDAX; Republic Investment into Innamincka Petroleum; Mako Partners, 1474336 Alberta, Griese, Owen into but Anderson out of Mako Energy; Whiddon into Rialto Energy;
    Full Story...



    Icon gives Chinese buyer more time
    (Friday, 27 August 2010)

    ICON Energy is still a few months away from finalising a gas sales agreement with SinoGas Group subsidiary, Shenzhen Sino Industrial Development Company, after the Chinese buyer asked for an extension.
    Full Story...



    IPO taking itself off the ASX
    (Friday, 27 August 2010)

    INTERNATIONAL Petroleum has chosen to de-list from the Australian Securities Exchange, saying the decision was made to protect shareholder wealth and allow long-term value creation.
    Full Story...



    Cougar seeks answers from Qld govt
    (Friday, 27 August 2010)

    COUGAR Energy is seeking urgent clarification on its Kingaroy environmental evaluation report after it was left surprised and confused by a series of conflicting statements from the Queensland government on Wednesday.
    Full Story...



    Kapuni reserves dispute ends
    (Friday, 27 August 2010)

    THE dispute regarding remaining gas reserves in New Zealand’ oldest producing petroleum resource, the onshore Taranaki Kapuni gas-condensate field, appears to be over.
    Full Story...



    Blue flows gas from Monslatt-6
    (Friday, 27 August 2010)

    BLUE Energy has started flowing gas from its Monslatt-6 pilot production well after under-balanced operations drilled out the P seam.
    Full Story...



    Personnel movements for the week ending August 27
    Exclusively for Premium Subscribers
    (Friday, 27 August 2010)

    MATT Birney, Coretrack: John Morton, Jyn Baker, Kairiki Energy; George Ratilal, Muri Muhammad, APA Group;
    Full Story...



    Petroleum Briefs
    (Friday, 27 August 2010)

    IN today’s briefs: Origin to take another look at Wolf-1; Caspian weighs up West Mailisu work options; Coretrack bags $3.8 million
    Full Story...



    Oil bucks trend
    Exclusively for Premium Subscribers
    (Friday, 27 August 2010)

    OIL prices shrugged off a substantial increase in US crude reserves to rally for a second day in a row as economic concerns eased following an unexpected large drop in jobless claims.
    Full Story...



    MARKETWRAP: Exploration missteps hit hard
    Exclusively for Premium Subscribers
    (Friday, 27 August 2010)

    REPORTING season is upon us once again and the shareholder response to the cost of poor exploration results has been decidedly negative.
    Full Story...



    Tap shrugs off loss, anticipates drilling rewards
    (Friday, 27 August 2010)

    TAP Oil’s decision to relinquish its interest in SC41 in the Sulu Sea, Philippines, has resulted in the company recording a net loss after tax of $18 million for the half year ended June 30, 2010.
    Full Story...



    Global uncertainty takes a toll on Neptune
    (Friday, 27 August 2010)

    PROJECT deferrals and the global economic environment during the 2010 financial year had a significant impact on Neptune Marine’s profitability with the company posting a 96% slump in profit.
    Full Story...



    Senior Inspector (Petroleum & Gas)
    (Friday, 27 August 2010)

  • Employment Economic Development & Innovation / Roma or Dalby
  • Permanent Full Time
  • $88,184 - $94,558 p.a. plus superannuation

    • Full Story...



    Principal Inspector (Petroleum & Gas)
    (Friday, 27 August 2010)

  • Employment Economic Development & Innovation / Roma or Dalby
  • Permanent Full Time
  • $97,702 - $103,334 p.a. plus superannuation

    • Full Story...


     Thursday, 26 August 2010

    KLC opposed to compulsory acquisition
    (Thursday, 26 August 2010)

    THE Kimberley Land Council has warned that Western Australia Premier Colin Barnett’s move to compulsorily acquire land for the Kimberley liquefied natural gas hub could put the project at risk.
    Full Story...



    NZOG sinks on costs
    (Thursday, 26 August 2010)

    SPIRALLING exploration costs and unrealised exchange rate losses have contributed to New Zealand Oil & Gas reporting a net loss of $NZ3.3 million ($A2.6 million) for the June 2010 financial year.
    Full Story...



    CME report to help boost indigenous employment
    (Thursday, 26 August 2010)

    THE Chamber of Minerals and Energy of Western Australia has launched a new report to help increase the rates of Aboriginal employment in Western Australia’s mining sector.
    Full Story...



    Santos up despite flood impact on output
    (Thursday, 26 August 2010)

    DESPITE a drop in production due to wet weather and flooding in Central Australia, Santos posted a 94% increase in net profit for the half year ended June 30, 2010, to $198 million over the previous corresponding period.
    Full Story...



    AGL ups reserves, profit
    (Thursday, 26 August 2010)

    AGL Energy has reported an increase in proved and probable reserves for the 2010 financial year following success at the Camden, Gloucester and ATP 364P coal seam gas projects.
    Full Story...



    Construction starts on Bow’s Blackwater power station
    (Thursday, 26 August 2010)

    BOW Energy is on track to commission its Blackwater 30-megawatt gas-fired power station field in central Queensland at the end of the first quarter of 2011 after contractor Clarke Energy started construction.
    Full Story...



    Carnarvon ready to step on the pedal
    (Thursday, 26 August 2010)

    CARNARVON Petroleum’s production could be boosted this financial year despite a 36% drop for the year ended June 30, 2010, to 868,450 barrels from the previous financial year.
    Full Story...



    Petroleum Briefs
    (Thursday, 26 August 2010)

    IN today’s briefs: Transfield selected for Canadian oil sands work; Buru sidetracks Leander probe; Norwest secures extension for TP/15; Carbon wraps up UCG Panel 2 drilling.
    Full Story...



    Increased gas use to boost APA
    (Thursday, 26 August 2010)

    APA Group has recorded a 27% increase in profit and believes it is well placed to capitalise on opportunities arising from Australia’s growing use of natural gas to feed its energy needs.
    Full Story...



    Shenzi, Pyrenees deliver for BHP
    (Thursday, 26 August 2010)

    BHP Billiton Petroleum’s record production growth for the 2010 financial year resulted in the division’s underlying earnings before income and tax increasing 12% to $US4.57 billion ($A5.16 billion).
    Full Story...



    Beach poised for shale gas campaign
    (Thursday, 26 August 2010)

    BEACH Energy is set to begin a two-well shale gas exploration program in the heart of the Cooper Basin that could potentially be a game-changing opportunity.
    Full Story...




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