BHP Will Cut 100 Jobs At Melbourne HQ
In next few years, BHP will cut about 100 jobs in Melbourne, Australia, Reuters said. Commodities have fallen. There are more than $2 billion in impairments on U.S. shale operations.
Appea Urges Removal Of Victorian Gas Ban
The Australian Petroleum Production and Exploration Association has urged the Victorian government to lift its ban on onshore gas exploration and development.
AWE Opts Out Of Drover-1 Frack
The Drover-1 exploration well will now be decommissioned and rehabilitated back to its pre-existing state, according to AWE.
Australia’s New Standard Plans Early Exit From Eagle Ford Shale
New Standard’s drilling and operating program in the Eagle Ford has been overseen by its majority shareholder, Magnum Hunter Resources Corp.
QLD Open For Business With Acreage Release
The Queensland Government has put 11,000sqkm of exploration acreage up for grabs, with most of the available land concentrated in the prospective Cooper and Eromanga Basins.
QLD Open For Business With Acreage Release
The Queensland Government has put 11,000sqkm of exploration acreage up for grabs, with most of the available land concentrated in the prospective Cooper and Eromanga Basins.
Galilee Energy Provides Hoffer Prospect Operations Update
Preliminary analysis of the cased hole logs on the Hoffer B1 well in the Eagle Ford identified significant gross sandstone intervals in the well’s lower section.
Chevron’s Exit Signals Australia Shale Delays
Australia has the seventh-biggest potential shale gas resources and sixth-biggest shale oil resources, EIA said, according to Bloomberg. Chevron’s recent pullout from Nappamerri Trough signals the country’s overall shale challenges.
Chevron Will Exit Australian Shale Gas
Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.
Senecio-3 Well Test Confirms Waitsia Field’s Commercial Potential
Bruce Clement, managing director, said that the initial flow test results from this target area confirmed the commercial potential of the recently discovered Waitsia gas field.