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State Gas strikes gas at Rougemont-1 well
May 24, 2021 9:25:am
Summary The Rougemont-1 well is the first of two planned wells to evaluate the Bandanna coals in the eastern flank of the new Rolleston-West permit in Queensland.
by: Shardul Sharma
Posted in:
State Gas strikes gas at Rougemont-1 well
Sydney-listed State Gas on May 24 said its first well in the Rolleston-West gas project in central Queensland had confirmed the existence of gas-bearing coal seams.
The Rougemont-1 well, spudded on May 14, reached a total target depth of 800 m. The company said this strengthens its view that these coals will be developed synergistically with the Reid’s Dome gas discoveries. The well is the first of two planned wells being drilled to evaluate the Bandanna coals in the eastern flank of the Rolleston-West permit, which was granted to State Gas by the Queensland government late last year.
Strike Wins Western Australia Block
Sydney-listed Strike Energy has been awarded the Perth basin block L20-3 under the Western Australia Petroleum Acreage Release 1 of 2020, it said on March 15.
The L20-3 block is located at the southern edge of the Perth basin Permian Gas Fairway, which has yielded more than 3 trillion ft
3 of discoveries to date, including Strike’s West Erregulla gas discovery, it said. The block is flanked by gas discoveries, with the Permian Beharra Springs complex and West Erregulla fields to the north, the Permian Woodada field to the west, and the Ocean Hill Jurassic wet gas discovery to the east.
Country Focus: Interest remains high in Egypt’s gas sector [LNG Condensed]
Mar 10, 2021 10:30:am
Summary While the Covid-19 pandemic may have slowed gas operations worldwide, Egypt remains a hive of activity. Over the last 12 months, major new operators have bought into the sector or enlarged their positions, gas production continues to rise, a deal has been reached to increase imports of Israeli gas, and Egypt’s second LNG plant is slated to resume operations in the first quarter of this year, following an eight-year hiatus. [LNG Condensed Volume 3, Issue 1 - January/February 2021]
by: NGW
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Country Focus: Interest remains high in Egypt’s gas sector [LNG Condensed]
Armour to Demerge Northern Basin Biz
Mar 3, 2021 2:48:am
Summary
by: Shardul Sharma
Posted in:
Armour to Demerge Northern Basin Biz
Australian explorer Armour Energy is planning to demerge its Northern basin oil and gas business into a newly formed company – McArthur Oil & Gas – to be separately listed in Sydney, it said on March 2.
McArthur Oil & Gas will be demerged from Armour through an in-specie share distribution to existing shareholders. An initial public offering (IPO) and capital raise of A$60-A$65mn (US$47mn-US$51mn) has been proposed to fund the acquisition of Northern basin assets from Armour and to fund forward exploration.