Following consultation with shareholders, Santos has announced it intends to provide shareholders with a non-binding advisory vote on the company’s Climate Change Report at the 2022 Annual General Meeting.
Australia: Strike Energy awarded highly prospective Perth Basin block
15 Mar 2021
The block is the last remaining un-held acreage in the high-profile Permian Gas Fairway.
Highly prospective Eneabba Deep lead identified within the permit.
Strike Energy has been selected as the successful bidder for Perth Basin block L20-3 at the end of the
WA Petroleum Acreage Release 1 of 2020.
L20-3 Block Location
The L20-3 block is located at the southern edge of the prolific Perth Basin Permian Gas Fairway, which has yielded more than 3 TCF of discoveries to date (including Strike’s West Erregulla gas discovery). 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.
Australia: Triangle Energy provides update on the resources, well planning and farmout of its Cliff Head project
15 Mar 2021
Farmout campaign and well planning for Cliff Head satellite drilling ongoing
Triangle Energy has provided an update regarding its
Cliff Head project, located in
Production License WA-31-L in the Perth Basin.
Cliff Head Contingent and Prospective Resources
On 3 November 2020, Triangle announced that in light of BP s intention to cease fuel production at its Kwinana Refinery and convert the Refinery into an import terminal, the Company withdrew its Resources and Reserves estimates on the basis that the economic parameters underpinning these were now unknown.
The Norwegian Petroleum Directorate (NPD) has announced that the new regulation relating to status reports entered into force on 1 January 2021, and the revised guidelines for the status reports are now ready.
The Oil and Gas Authority (OGA) has launched its ‘Stewardship Expectation 11 – Net Zero’ setting out how the oil and gas industry should reduce its greenhouse gas (GHG) emissions and support delivery of the UK’s net zero target.