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New drilling program aims to strike bounty in Queensland

New drilling program aims to strike bounty in Queensland

FOLLOWING the completion of 3D seismic surveys, Sydney-based Bounty Oil and Gas has announced the beginning of a two-well drilling program at its Utopia oil field in southwest Queensland. At…

Recycling agreement to oil Pilbara communities

Recycling agreement to oil Pilbara communities

Mining services company ESS Support Services Worldwide will supply Ashburton Aboriginal Corporation (AAC) with 100 per cent of its used cooking oil for conversion into biodiesel in WA’s Pilbara region,…

No fear for new kid on the African block

No fear for new kid on the African block

PERTH-based junior Pura Vida Energy has pulled off another coup after confirming its acquisition of the Nkembe block in Gabon. Focussed on Africa, the company initially set its sights on…

First oil for supermajor’s African project

First oil for supermajor’s African project

INTERNATIONAL supermajor BP has announced the start of production at its Pluto, Saturn, Venus and Mars (PSVM) project in Angola. Described as one of the largest subsea developments in the…

Canadians launch Kiwi campaign

Canadians launch Kiwi campaign

IT has been an eventful start to the year for Canadian explorer TAG Oil, with the company recently launching a US$36 million drilling campaign in New Zealand’s Taranaki Basin and…

Aussie workers the highest paid

Aussie workers the highest paid

AUSTRALIAN oil and gas workers are the highest paid in the world, according to a global survery of 25,000 industry professionals. The Oil and Gas Global Salary Guide 2013 by…

South Australia oil discovery could boost local industry

South Australia oil discovery could boost local industry

A recent report by Brisbane-based Linc Energy claimed South Australia contained enough oil to make Australia self-sufficient in the liquid fuel. The company announced that drilling and seismic exploration had…

Australian coup continues for global distributor

Australian coup continues for global distributor

GLOBAL fuel distributor Puma Energy has become Australia’s largest independent fuel retailer following its $625 million acquisition of energy distribution group Ausfuel. Puma acquired 100 per cent of the company…

New deal brings hope after supermajor bows out

New deal brings hope after supermajor bows out

VICTORIAN company Oil Basins has received a lifeline from oil and gas explorer Octanex after supermajor Fortescue Metals Group reneged on a multimillion-dollar investment deal last month. The Fortescue deal…

Revenue ramps up as gas production resumes

Revenue ramps up as gas production resumes

AUSTRALIA-based AWE experienced a 33 per cent rise in production in the fourth quarter of 2012 to 1.3 million barrels of oil equivalent, with a 13 per cent increase in…

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