Press

Senex Granted Petroleum Lease for Project Atlas

Posted by OilVoice Press - OilVoice

29-Mar-2018


Senex Energy (Senex, ASX: SXY) has been granted a Petroleum Lease and preliminary environmental approvals from the Queensland Government to develop Project Atlas for domestic gas supply.

Project Atlas is a high quality coal seam gas permit located south east of Wandoan in Queensland's Surat Basin (see Figure 1). Senex was awarded the permit by the Queensland Government in September 2017 following a competitive tender.

The grant of the Petroleum Lease is a key milestone for the project, providing Senex on-ground access to progress environmental studies and other preliminary activities for the development of approximately 100 wells and associated infrastructure.

Senex expects to receive all remaining State and Commonwealth approvals in mid-2019, with delivery of first gas to the domestic market targeted for late 2019.

Commenting on the significant progress already achieved, Managing Director and CEO Ian Davies said:

“We are in detailed discussions with parties to provide gas processing infrastructure, have materially progressed financing discussions with prospective lenders, and look forward to engaging with domestic gas customers in the near term.

“The direct award of a Petroleum Lease for Project Atlas is an innovative solution by the Queensland Government to help address the shortage of new east coast gas supply”, he said

Senex EnergyleaseProject AtlasAustraliaASXgassupplyPermit

More items from oilvoice


Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 30 days agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 30 days agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 1 month agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 1 month agoPress > TotalDividend

Methyl Tertiary Butyl Ether Capacity Will Grow at a CAGR of 16.8% in India Over Next Four Years, says GlobalData

India's Methyl Tertiary Butyl Ether (MTBE) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 16.8% from 0.211 million tons per annum (mtpa) in 2017 to 0.460 mtpa in 2022, according to GlobalData , a leading data and analytics company. The company's report: ‘ Met ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > GlobalDataIndiaMTBE
All posts from oilvoice