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Monday
12 May 2008
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   TODAY'S STORIES
 
SLUGCATCHER 

Coal gas LNG? Bah, humbug!


THE money men have spoken. They love the idea of turning Australian coal seam methane into a profitable project exporting liquefied natural gas to Asia. Now for the technical people, Slugcatcher issues a simple challenge: prove you can do it.
Full Story...


MORE SLUGCATCHER

We are not amused by undeveloped gas fields


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PREMIUM FEATURES 

Minister with energy


THE new Federal Minister for Resources and Energy, Martin Ferguson, has not taken long to signal that his approach is different to that of his predecessor, the highly regarded Ian Macfarlane.
Full Story...


MORE PREMIUM FEATURES

Personnel movements, week ending May 9


Oil climbs to new heights


Wading upstream


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TECHNICAL & PRODUCT 
Neptune secures European patent


ENGINEERING services company Neptune Marine Services has acquired a European patent for its unique NEPSYS underwater dry welding technology.
Full Story...


PROFESSIONAL PLACEMENTS 
Project Manager, Paralana

  • Newly created role with a highly successful renewable energy organisation
  • Manage the flagship site
  • Key stakeholder management role
  • Adelaide based

  • Full Story...


    Business Development Manager – Australia

  • Globally expanding organisation
  • Opportunity for International Travel
  • Attractive remuneration package

  • Full Story...



    LETTERS 
    Coal gas LNG cynicism? Bah, humbug!


    “LIKE Slugcatcher, I too have been around long enough to be familiar with all the pipedreams he listed and have more than passing familiarity with some of them. However I think the Slug on this occasion is being overly pessimistic,” writes PNN reader Tony Norris.
    Full Story...


    MORE LETTERS

    CSM-LNG: having many wells reduces risk


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    DRILLING 
    Junior to drill NSW Surat


    ORION Petroleum expects to spud its Willaroo-1 exploration well in the New South Wales portion of the Surat-Bowen Basin this weekend.
    Full Story...


    MORE DRILLING

    Blue keeps drilling in Surat Basin


    Arrow drills first overseas well


    VIEW ALL STORIES

    PROJECT PROFILES 
    Maari cashflow set to top $US1 billion in first year


    NET cash flows from the first full year of production from the Maari oil field development off Taranaki, New Zealand will exceed $US1 billion ($A1.07 billion) if world oil prices stay around the $US100 per barrel level, according to Australian broker Bell Potter Securities.
    Full Story...


    MORE PROJECT PROFILES

    Chevron aims to resolve West Tryal gas domestic


    Could Pluto 2 be a ghost train?


    PNG LNG gets govt green light, moving into FEED


    VIEW ALL STORIES

    INDUSTRY MOVES 
    $13 billion not enough for Origin: analysts


    ARE the market and UK giant BG Group undervaluing Australian coal seam methane?
    Full Story...


    MORE INDUSTRY MOVES

    Basker sidetrack a winner: Anzon


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    PRODUCTION 
    Thai well has Carnarvon asking for more


    CARNARVON Petroleum is eyeing greater flow rates from its POE-9A appraisal well in Thailand that is currently producing about 682 barrels of oil a day on clean-up.
    Full Story...


    MORE PRODUCTION

    Flow doubles from Rayburn: Strike


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    MARINE 
    Neptune secures European patent


    ENGINEERING services company Neptune Marine Services has acquired a European patent for its unique NEPSYS underwater dry welding technology.
    Full Story...




     


    Gas fields linked; we was robbed, say NZ shareholders


    NEW Zealand's longest-running insider trading battle finally made it to the High Court last Friday.
    Full Story...

    More Maui gas firmed up


    THE Maui partners have again made more of their right of first refusal (ROFR) gas from the offshore Taranaki field available to New Zealand energy players Contact Energy and Vector.
    Full Story...

    $100 million: Total extravagance in the Browse


    LNG fever continues. Chinese national oil company, Sinopec, has taken up an offshore Northern Territory frontier exploration permit, while French supermajor Total SA has bid a huge $94 million, plus another $6 million in secondary work program commitments, for a Browse Basin exploration permit.
    Full Story...

       CURRENT FOCUS FEATURES

    US Oil & Gas

    Samson exits Oklahoma

    Red Fork excited in Oklahoma

    Aussie juniors to fund California well

    Flow doubles from Rayburn: Strike

    Exoma gets win with first well

    Emerald finds funding for Appalachian project

    Strike cashed up for US drilling

    Marion selling out of Oklahoma

    Strike six in Texas

    Red Fork makes Fuss in Oklahoma




      VIEW ALL STORIES on US Oil & Gas



       TODAY'S STORIES CONTINUED


    WA hydrogen hopes disappear up chimneys


    THE presence of gas chimneys in geological strata slated for geosequestration has seen plans for a "clean-coal" hydrogen plant in Kwinana, south of Fremantle, Western Australia, go up in smoke.
    Full Story...

    Minister with energy
    Exclusively for Premium Subscribers


    THE new Federal Minister for Resources and Energy, Martin Ferguson, has not taken long to signal that his approach is different to that of his predecessor, the highly regarded Ian Macfarlane.
    Full Story...

    Donga swab a worry: Bow


    RESULTS of a swab test are causing concern for Bow Energy.
    Full Story...

    Safety concerns halt FPSO production


    ON FRIDAY, the National Offshore Petroleum Safety Authority issued a prohibition notice preventing use of the process plant on the Four Vanguard floating processing storage and offtake vessel until safety issues are resolved.
    Full Story...

    BG gets one month to make Contact bid


    THE New Zealand Takeovers Panel has granted BG Group an exemption from any requirement to make an immediate takeover offer for New Zealand utility Contact Energy if it succeeds in acquiring Origin Energy, which owns 51.36% of Contact.
    Full Story...

    NWS sells more gas to Japanese customer


    THE North West Shelf Venture has executed an agreement with Japan’s Osaka Gas to supply an additional 500,000 tonnes of liquefied natural gas per annum over a six-year period starting from April 2009.
    Full Story...

    US Empire to expand in Tasmania


    US exploration company Empire Energy Corporation is set to begin a $31 million drilling program in the next phase of its onshore search for oil and gas in the Tasmanian Basin.
    Full Story...

    3D drills Wardie


    3D Oil says its Wardie-1 exploration well in VIC/P57, offshore Gippsland, spudded on the weekend, reached total depth of 136m at 6.00am this morning, Victorian time.
    Full Story...

    First Galoc oil this month: Nido


    NIDO Petroleum expects production from its offshore Philippines oil development, Galoc, to start at the end of May after the floating production, storage and offtake vessel Rubicon Intrepid arrived on location yesterday.
    Full Story...

    Last chance to win Western Force, Qld Reds tickets


    THIS week the Super 14’s round robin matches will end with two Australian derbies. The Western Force will take on the ACT Brumbies in Perth, while the Queensland Reds will play their traditional rival, the NSW Waratahs, in Brisbane.
    Full Story...

    Samson exits Oklahoma


    PERTH-based Samson Oil and Gas has sold off its Amber Field assets in Grady County, Oklahoma after settling a purchase and sale agreement with Kaiser-Francis Anadarko Partnership for $US4.76 million.
    Full Story...

    WA budget puts money where it matters: APPEA


    THE Western Australia State Budget handed down by Treasurer Eric Ripper confirms the contribution of the resources sector to the state’s strong economy, APPEA’s WA director Richard Ellis said today.
    Full Story...

    Junior to drill NSW Surat


    ORION Petroleum expects to spud its Willaroo-1 exploration well in the New South Wales portion of the Surat-Bowen Basin this weekend.
    Full Story...

    Origin undervalued: King


    ORIGIN Energy has hinted it might hold out for a bigger bid from BG after managing director Grant King said the UK company had to address Origin’s true resource position.
    Full Story...

    Personnel movements, week ending May 9
    Exclusively for Premium Subscribers


    MITCHELL Wells, Amadeus; Anthony Gilby, Sunshine Gas; Maclean, Dean Richardson, Baraka;
    Full Story...

    Enterprise enters coal industry for $235m


    ENTERPRISE Energy is poised to become a coal player after announcing its intention to acquire private coal explorer Bandanna Coal, which has exploration interests in Queensland's Bowen and Galilee basins.
    Full Story...

    Blue keeps drilling in Surat Basin


    JUNIOR explorer Blue Energy’s recent success at Azue-1 in Surat Basin, Queensland has prompted the company to continue its exploration program in the ATP 817P permit.
    Full Story...

    Oil climbs to new heights


    OIL prices broke new records in a relentless climb upwards following unrest in Nigeria and lower production from Russia, as oil watchers say most signs point towards further increases.
    Full Story...





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