Monthly Update
The January 2012 data update is now available ...

New Seismic Data Layers
The January update includes 2 new seismic data layers supplied to us by PGS Australia ...

NOPTA and NOPSEMA
The National Offshore Petroleum Titles Administrator (NOPTA) and the expanded National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), commence operations from 1 January 2012 ...

Field and Pipeline Data
If you would like to submit any corrections or additions to field outlines and pipelines please contact Angela Willett by email  ...

Industry Summary
Nexus Energy Ltd has today signed a non-binding Heads of Agreement with Shell Development (Australia) P/L and Osaka Gas Crux P/L to exclusively pursue a Shell-led integrated gas and liquids development ...

Permit Updates and Changes
2012 Acreage Release -
Areas that have been short-listed for inclusion in the 2012 Release are included in GPinfo this month ...
 


Monthly Update

The January 2012 data update is now available.

Data Permissions

This data release includes a new file of seismic data.  If an error message referring to this data is displayed on start-up of your GPinfo session immediately following installation of the January data you will need to re-set your permissions for the GPinfo data.  Click here for more information

 


New Seismic Data Layers

The January update includes 2 new seismic data layers supplied to us by PGS Australia.

The new layers are in the Map Manager group called OVERLAYS -

PGS Australia 2D contains 21,000 km of GeoStreamer and 13,000 km of conventional acquisition 2D seismic.

PGS Australia 3D Various contains polygons representing more than 98,000 sq km of 3D seismic,
plus areas outlining the NWS & SAM Digital Atlas.



Please note the following -

  -  The layers should display in yellow with a slightly thicker outline for the 3D polygons.
  -  Line names are on for the 2D data but only visible at line-ends when you zoom to 1:1 million or closer. 
  -  The 2D data is grouped by project so when you select a line, the entire project is highlighted.

The layers behave in the same way as other data layers in GPinfo -

  -  Display attribute information in the Details Window or Browser.
  -  Create subsets of the data using the Querying sub-system.
  -  Export a subset or the entire layer using File > Export.
  -  Change the standard colour of the layers using the
colour box next to the layer name in the Map Manager.
  -  Change labels by right clicking on the layer name in the Map Manager and selecting Properties > Labels.

Can't see the new data?

Correct display of the new data layers requires a modification to the structure of your GPinfo configuration file.  This should happen automatically the first time you start a GPinfo session after the January data update has been installed.

If the January update has been installed but you still can't see the new layers or they are not displaying with the correct characteristics, you can force GPinfo to apply the required structural changes by selecting View > Options > Updates and clicking on the Update GPinfo system layers now button.

If you still can't see the data, please re-set your permissions to the GPinfo data as described above under Data Permissions
.


NOPTA and NOPSEMA

The National Offshore Petroleum Titles Administrator (NOPTA) for the offshore petroleum and greenhouse gas storage industries, and the expanded National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), commence operations from 1 January 2012.

NOPTA will be a branch of the Resources Division of the Department of Resources, Energy and Tourism (RET).  It will act as a single point of entry for all matters pertaining to offshore titles administration in Australian waters.  Key functions will be to -

  • Provide information, assessments, analysis, reports and advice to members of the Offshore Petroleum Joint Authorities

  • Manage the collection, administration and release of data

  • Facilitate life of title administration, including Joint Authority consideration of changes to permit conditions, and approval and registration of transfers and dealings associated with offshore petroleum permits

  • Maintain the registers of petroleum and greenhouse gas storage titles in accordance with the legislation

NOPTA’s head office will be in Perth with an additional office in Melbourne -

Perth Office
GPO Box 7871, Perth WA 6850

Level 11, 58 Mounts Bay Road, Perth WA 6000

Melbourne Office

GPO Box 4634, VIC 3001
Level 1, 451 Little Bourke Street, Melbourne VIC 3000


(Source:  Australian Petroleum News, December 2011).
 


Field and Pipeline Data

Preparation of the 2012 Permits Map is underway.  Each year as part of the map preparation we undertake a major review of all fields and pipelines.  We check our current GPinfo field and pipeline data, and then update and add to where necessary. We would like to enlist the help of our GPinfo users in updating this information.  If you would like to submit any corrections or additions to field outlines and pipelines (both actual and proposed), please contact Angela Willett by email to angela.willett@pb.com.

Also, please take a moment to check any information in GPinfo that you are familiar with - company details, office addresses, personnel and permit ownership.  We greatly appreciate any help you can give us in maintaining the accuracy of our database.


Industry Summary

Company News

Nexus Energy Ltd has today signed a non-binding Heads of Agreement with Shell Development (Australia) P/L and Osaka Gas Crux P/L to exclusively pursue a Shell-led integrated gas and liquids development to commercialise the Crux field in Western Australia. Due to be signed in April 2012, the new deal will supersede a previous agreement that Nexus had with Shell to sell all gas from Crux to the Prelude project from 2021. Participating interests for the new joint venture will be Shell (as operator) 80%, Nexus 17% and Osaka Gas 3%. Nexus also has a 12-month option to sell down a 2% stake in the project to Shell for $75 million. (Source: Nexus Energy announcement 19/01/2012).

Metgasco is pleased to advise that it has entered into a binding agreement for the first ever gas sale deal from its Casino gas project in New South Wales. Metgasco will supply Richmond Dairies with natural gas as energy supply for their manufacturing process. Gas sales will commence in 2012 with the agreement for a term of 10 years, based on a dollars per gigajoule deal. (Source: Metgasco announcement 12/01/2012, Energy News Premium 13/01/2012).

Torrens Energy Ltd has released resource estimate updates for its Parachilna geothermal project and Port Augusta project, both in South Australia. An estimate of 88 000 petajoules of recoverable energy has been identified at the Parachilna geothermal project, which has the potential to produce 2900 megawatts equivalent of power for 30 years. The Port Augusta project is estimated to have 7160 petajoules of recoverable energy, with the potential to produce 130-500 megawatts equivalent of power for 30 years. (Source: Energy News Premium 16/12/2011 & 20/12/2011, Torrens Energy announcement 14/12/2011, 19/12/2011).

Tap Oil is seeking to terminate the Harriet joint venture gas sales agreement with Burrup Fertilisers on the ground that its confidentiality regime has been breached. Tap is seeking a declaration from the court that Burrup’s disclosure of confidential information is a failure to meet one of Burrup’s material obligations under the gas sales agreement and that Tap is entitled to terminate the agreement. Tap said it would continue to meet its obligations under the GSA pending the outcome of the court proceedings. (Source: Tap Oil announcement 23/12/2011, Energy News Premium 28/12/2011).

WestSide Corporation and joint venture partner Mitsui E&P Australia have entered into a flexible gas market swap agreement to aid fulfilment of existing commitments to supply 25 Terajoules per day from its Meridian SeamGas business. Under the agreement, WestSide will purchase gas to help meet demand from existing customers supplied by Meridian SeamGas. WestSide will subsequently sell the same volume of gas back to the supplier by the end of 2015. (Source: WestSide announcement 23/12/2011).

Arrow Energy Holdings
completed a Scheme of Arrangement with Bow Energy Ltd whereby Arrow agreed to acquire all the shares in Bow for $1.52 per share.  Bow Energy has made an application to the ASX to be removed from the official list.
(Source: Bow Energy announcement 11/01/2012).

Development News

INPEX have today made the final investment decision to proceed with their $32.9 billion development of the Ichthys LNG Project in northwest Australia, moving Australia closer to being the world’s biggest LNG exporter according to Australia's Resources Minister Martin Ferguson. The FID comes just hours after INPEX announced an agreement to sell a 1.575% stake in the project to Tokyo Gas. Previously, Toho Gas secured a 0.42% equity stake in the project. Partners in the project are INPEX 72.805%, Total 24%, Osaka Gas 1.2%, Tokyo Gas 1.575% and Toho Gas 0.42%. The 8.4 million tonne per annum two train project is scheduled to start production at the end of 2016. (Source: Energy News Premium 13/01/2012).

In addition INPEX has now firmed up contracts with CPC Corporation, Chubu Electric Power and Toho Gas as gas customers, bringing total committed gas sales to just under nameplate capacity of 8.4 million tonnes per annum. CPC, Chubu and Toho are buying 1.75MMtpa, 0.49MMtpa and 0.28MMtpa of LNG respectively, in line with the non-binding agreements reached in June last year. All agreements are for supply over 15 years. (Energy News Premium 11/01/2012).

Santos has today announced the final investment decision approving the $490 million Fletcher Finucane Oil Project in the Carnarvon Basin, offshore Western Australia. The project at WA-191-P will be developed through a three well sub-sea tie back to the Santos operated floating production, storage and offloading facility at Mutineer Exeter. First oil production is expected in the second half of 2013 with an initial gross production rate of 15,000 barrels per day during the first 12 months. Santos reached FID on the project after buying out Tap Oil’s 8.2% interest in the project for $18 million, plus Tap’s project costs incurred since 1 July 2011. (Source: Santos announcement 13/01/2012).

The Coniston oil field on the North West Shelf is set for first production in late 2013 after Apache Energy and partner INPEX have given the green light for development. The joint venture made a final investment decision on the development of the field in WA-35-L and WA-44-R in late December 2011. Production is targeted to start in the fourth quarter of 2013 at a rate of approximately 21,500 barrels of oil per day during the first year. (Source: Energy News Premium 28/12/2011).

Beach Energy and Drillsearch Energy have produced first gas from the Middleton Brownlow wet gas pilot project at PEL 106 B in the Cooper Basin after the commissioning of a new pipeline to Moonanga was completed. Initial production rate is expected to be 25 million cubic feet per day, comprising about 15 terajoules per day of sales gas and 1250 barrels per day of LPG and condensate. (Source: Beach Energy announcement 09/01/2012, Drillsearch Energy announcement 09/01/2012).

Monadelphous has won a $70 million contract with Bechtel to provide general construction services to Chevron’s Wheatstone LNG Project. The contract involves construction, operation support and other services associated with the early phases of the project. Work will begin in the first quarter of 2012 with scheduled completion by the end of 2013. (Source: Energy News Premium 19/12/2011).

Toyota Tsusho Corp has signed a long term sales agreement with BG Group to supply Queensland Curtis LNG Project with feed gas from a coal seam gas block in the Surat Basin. Toyota Tsusho will supply CSG from ATP 615P, in which it has a 15% interest, over 20 years. Toyota Tsusho has will also invest around $300 million which includes the acquisition price, to develop the ATP 651 block. (Source: Energy News Premium 14/12/2011, Toyota Tsusho Corp announcement 13/12/2011).

Forge Group has been awarded a contract worth $90 million for work on Origin Energy’s Australia Pacific Liquefied Natural Gas Project in Gladstone Queensland. The contract includes the procurement and construction of the civil and concrete works required for the installation of two 160,000 cubic metre LNG tanks. Work is expected to start in the first quarter of 2012 and be completed by the last quarter of 2013. (Source: Energy News Premium 22/12/2011).

Thiess has won a $60 million contract from Chevron to build a 1.2km long tunnelled shore crossing under the ocean for the Wheatstone LNG Project in Western Australia. The micro-tunnel will be 2.5 metres in diameter and accommodate a 1.1 metre diameter pipeline to deliver gas from Chevron’s Wheatstone and Iago reserves. (Source: Energy News Premium 22/12/2011).

Hess Exploration has contracted Wood Group Kenny to provide subsea and pipelines front end engineering and design for the Equus Offshore Gas Project, Western Australia. Under the $8 million contract Wood Group Kenny will deliver work covering flow assurance, subsea engineering, flowlines, export pipeline and tie-ins design, material selection and integrity management. Work on the 12 month contract will start this month. (Source: Energy News Premium 21/12/2011).

FUGRO has been awarded a subsea installation contract for the first phase of the Woodside led Greater Western Flank Project. The contract is valued at over $100 million with engineering and design work for the project beginning immediately, leading to installation in early 2014. The project involves the development of the Goodwyn GH and Tidepole fields via a subsea tie-back to the existing Goodwyn A platform. (Source: Energy News Premium 06/01/2012).

FMC Technologies has been awarded a $146 million contract for the Greater Western Flank Project. FMC will design, manufacture and supply six subsea production trees, six wellheads, two manifolds, subsea and topside controls and flowline connection systems. FMC is expected to start delivering the subsea systems in the second half of 2012.
(Source: Energy News Premium 10/01/2012).

Bechtel have awarded another contract for the Wheatstone LNG Project. The $240 million contract has been awarded to John Holland for the design and construction of 12 permanent buildings essential to the operation of the offshore gas processing facilities. The 12 buildings include an operations building, laboratory, maintenance centre, vehicle maintenance shop, fire station and plant warehouse. (Source: Energy News Premium 23/12/2011).

Liquefied Natural Gas Ltd has signed an estimated $A730 million engineering, procurement and construction services contract with China Huanqiu Contracting & Engineering Corporation for its Fisherman’s Landing LNG Project at Gladstone. The contract covers the LNG tank and related infrastructure, excluding marine works for a one train, with a design LNG production capacity of 1.9 million tonnes per annum. Based on the contract price, LNG Ltd said its total estimated development costs, including marine works and other development and financing costs remained at around $1.1 billion for the one train project. LNG Ltd and HQCEC will now work on an “open book” basis to complete the detailed engineering design and agree to a fixed lump sum EPC contract price by June 30. (Source: Energy News Premium 20/01/2012)
.

Discoveries

Central Petroleum’s Surprise 1 re-entry well has flowed at a sustained flow rate of 380 barrels of oil per day during flow testing. Light sweet crude oil with an API gravity averaging 40 degrees flowed from the well. The flow rate had a low water cut and there was no evidence of hydrogen sulphide. (Source: Energy News Premium 13/01/2012).

Senex Energy’s Growler 6 appraisal well has produced at a rate of over 1300 barrels of oil per day as part of a production test carried out by the PRL 15 joint venture. During the 1.5 hour free flow test the well produced approximately 86 barrels of oil, equivalent to a rate of 1374 barrels of oil per day. On continuous production, Growler 6 is expected to flow at 600 barrels of oil per day through a choke. (Source: Senex Energy announcement 19/12/2011, Energy News Premium 19/12/2011).

Growler 7, the fifth well in the Senex Joint Venture exploration and appraisal drilling program has further extended the mapped limits of the Growler oil field in the western flank of the South Australian Cooper Basin. Wire line logs have confirmed the presence of a 20 metre gross oil column in the Birkhead Formation over the interval 1720.5 to 1740.5 metres with interpreted net oil pay of at least 18.8 metres. Growler 7 is expected to be brought online as an oil producer in February 2012. (Source: Senex Energy announcement 17/01/2012).

Senex has had further success at their Growler 11 development well. Wireline logs confirmed the presence of 10.1m gross oil column in the Birkhead Formation from 1735.8m-1745.9m with interpreted net oil pay of at least 7.7m. The Growler 11 well is expected to be brought online as an oil producer during January 2012. (Source: Senex Energy announcement 04/01/2012).

New Zealand Energy Corp have reported a flowing production rate of approximately 580 barrels of oil per day and 970 standard cubic feet per barrel of associated gas at Copper Moki 1 located in the Taranaki Basin New Zealand. The company will install permanent facilities by mid 2012 that can be expanded to handle output from more wells. Produced oil is being trucked to the Shell-operated Omata tank farm located 45 km north. NZEC is evaluating options to market its gas. (Source: New Zealand Energy Corp announcement 13/12/2011, Oil & Gas Journal 13/12/2011).

Chevron Corp today announced a natural gas discovery at its Vos 1 exploration well in the Exmouth Plateau area of the Carnarvon Basin. The well encountered approximately 138 meters of net gas pay located in permit WA-439-P. Vos 1 is Chevron’s twelfth offshore discovery in Australia since mid 2009. (Source: Chevron Corp announcement 15/12/2011)
.
 


Permit Updates and Changes

2012 Acreage Release - Proposed Areas

The Minister for Resources and Energy, the Hon Martin Ferguson will announce the 2012 Release at the Australian Petroleum Production and Exploration Association conference in Adelaide, SA (13-16 May 2011).  Areas that have been short-listed for inclusion in the 2012 Release are included in GPinfo this month.  Please note that the proposed areas and associated boundaries have not been finalised and are subject to change prior to the launch of the Release by the Minister.


Re-release of Offshore Areas

The second round of the 2011 Offshore Petroleum Exploration Acreage Release remains open for bidding until 12/04/2012.  Two areas from the first round of the 2011 Release have also been re-released for industry consideration, W 11-14 and V 11-1.  Bidding for these areas closes on 12/04/2012.

Further information on the areas available for bidding can be found at http://www.petroleum-acreage.gov.au. (Source: Australian Petroleum News, December 2011).


New South Wales

Offshore in the Sydney Basin, PEP 11 is in the process of being renewed.

Onshore, in the Sydney Basin, PEL 267 is in the process of being renewed
.


Northern Territory

In the Timor Basin, AC/P 8 has been surrendered.


Joint Petroleum Development Area

In the JPDA, JPDA 06-103 has had its expiry date extended to 15/01/2013.


Queensland

In the Eromanga Basin, ATP 267P has undergone a partial relinquishment and now covers a reduced area of 265 sq km.

Also in the Eromanga Basin, ATP 269P is in the process of being renewed.

In the Bowen Basin, Comet Ridge has completed the sale of 5% of ATP 337P Mahalo Farm-out Block to Stanwell in return for a cash payment of A$7 million.  Stanwell also has an option to acquire either an additional 15% or 35% in exchange for carrying up to A$8 million of Comet Ridge's expenditure up until the option exercise date (expected to be at the end of 2013).

In the Surat Basin, ATP 689P has undergone a partial relinquishment and now covers a reduced area of 1,061 sq km.

In the Bowen Basin, ATP 758P and ATP 759P have been renewed to 31/10/2012.

In the Surat Basin, ATP 840P is in the process of being renewed.

In the Galilee Basin, ATP 1008P has undergone a partial relinquishment and now covers a reduced area of 4,566 sq km.

In the Eromanga Basin, Beach Energy has applied for production licences PL 482 over the Marcoola field, PL 483 over the Glenvale/Coolum fields and PL 484 over the Byrock field
.


South Australia

In the Cooper Basin, a six month suspension period has been granted to the Year 5 work program for PEL 100. Year 5 has been extended from 06/11/2014 to 08/05/2015. The licence will expire on 08/05/2015.

In the Cooper Basin, PEL 93 has been renewed to 04/11/2016. Work program is as follows -

Year 1: geological & geophysical studies
Year 2: geological & geophysical studies
Year 3: geological & geophysical studies
Year 4: geological & geophysical studies
Year 5: 1 well

In the Eromanga Basin, PELA 511 has undergone a partial relinquishment and now covers a reduced area of 6,729 sq km.

In the Cooper Basin, PPL 41, PPL 51, PPL 55, PPL 68 and PPL 69 are being renewed.

In the Otway Basin, PRL 13 has been renewed to 30/01/2017
.

Geothermal Permits

In the Arrowie Basin, TRUenergy has elected to exit from the Paralana Joint Venture farmin. TRUenergy was contributing toward earning 10% equity in GEL 156, GEL 254 and GEL 336. By exiting the Paralana JV prior to the completion of the two well program, TRUenergy relinquishes all rights toward any equity earn under the JV. The project equities of Petratherm and Beach Energy remain at 79% and 21% respectively.

In the Arrowie Basin, a 12 month suspension period has been granted to the Year 2 work program for GEL 181. Year 2 has been extended from 21/11/2011 to 21/11/2012. The licence will expire on 21/11/2016.

In the Cooper Basin, a 12 month suspension period has been granted to the Year 5 work program for GEL 185. Year 5 has been extended from 08/01/2012 to 07/01/2013. The licence will expire on 07/01/2013.

In the Cooper Basin, GEL 211 has been renewed to 13/11/2016. Work program is as follows -

Year 1: assessment & analysis of Habanero 4
Year 2: interpretation of Habanero 4 results
Year 3: analysis of fractures in the Innamincka Granite based on crustal strain modelling
Year 4: technical & engineering studies
Year 5: technical & engineering studies

In the Otway Basin, GEL 214 is being renewed.

In the Otway Basin, a 12 month suspension period has been granted to the Year 5 work program for GEL 291. Year 5 has been extended from 08/12/2011 to 07/12/2012. The licence will expire on 13/12/2013.

In the Otway Basin, a 12 month suspension period has been granted to the Year 3 work program for GEL 498. Year 3 has been extended from 01/11/2011 to 31/10/2012. The licence will expire on 31/10/2015.

In the Eromanga Basin, GELA 603 is a new application by MNGI P/L
.



Victoria


Offshore in the Otway Basin, VIC/P 42 (V) was granted on 29/11/2011 to Origin Energy Resources Ltd.  The work program for the licence is as follows -

Year 1: geological & geophysical studies
Year 2:
geological & geophysical studies
Year 3: 50k 3D seismic
Year 4:
geological & geophysical studies
Year 5:
geological & geophysical studies
Year 6: 1 well,
geological & geophysical studies

Also in the Gippsland Basin, VIC/P 59 expired on 12/01/2012 and now reverts to vacant acreage.

Onshore in the Gippsland Basin in PRL 2, Beach will undertake fracture stimulation/coiled tubing and perforating on Wombat 4 and Boundary Creek 2.  The activity is to be performed under a phased farm-in where Beach can earn 33.3% by spending up to $33.5 million and Somerton can earn up to 16.7% by spending up to $16.5 million
.



Western Australia


In the Canning Basin, a two month suspension period has been granted to the Year 2 work program for EP 390. Year 2 has been extended from 01/12/2011 to 31/01/2012. The licence will expire 31/01/2015.

In the Canning Basin, a four month suspension period has been granted to the Year 3 work program for EP 391. Year 3 has been extended from 07/09/2012 to 31/01/2013. The licence will expire 31/01/2015.

In the Canning Basin, a one month suspension period has been granted to the Year 5 work program for EP 438. Year 5 has been extended from 23/12/2011 to 31/01/2012. The licence will expire 31/01/2013.

In the Barrow Basin, EP 441 has been renewed to 8/12/2016. The work program is as follows -

Year 1: geotechnical studies $0.15m
Year 2: 13k 3D seismic $1m
Year 3: geotechnical studies $0.15m
Year 4: geotechnical studies $0.15m
Year 5: geotechnical studies $0.15m

In the Canning Basin, a 10 month suspension period has been granted to the Year 2 work program for EP 465. Year 2 has been extended from 28/01/2012 to 27/11/2013. The licence will expire 27/11/2016.

In the Officer Basin, a six month suspension period has been granted to the Year 2 work program for EP 468. Year 2 has been extended from 08/03/2012 to 07/09/2012. The licence will expire 07/09/2016.

In the Canning Basin, a three month suspension period has been granted to the Year 2 work program for EP 471 and EP 472. The year 2 work programs have been extended from 25/10/2012 to 31/01/2013. The licenses will expire 31/01/2017.

In the Canning Basin, a one month suspension period has been granted to the Year 1 work program for EP 473. Year 1 has been extended from 21/12/2011 to 31/01/2012. The licence will expire 31/01/2017.

In the Canning Basin, a 13 month suspension period has been granted to the Year 1 work program for EP 474. Year 1 has been extended from 21/12/2011 to 31/01/2013. The licence will expire 31/01/2018.

In the Canning Basin, an 11 month suspension period has been granted to the Year 1 work program for EP 476. Year 1 has been extended from 18/02/2012 to 31/01/2013. The licence will expire 31/01/2018.

In the Merlinleigh Basin, STP-SPA-0018 and STP-SPA-0021 are new Special Prospecting Authority applications.

In the Barrow Basin, TP/23 has been renewed to 08/12/2016. Work program is as follows -

Year 1: geotechnical studies $0.15m
Year 2: 13k 3D seismic $1m
Year 3: geotechnical studies $0.15m
Year 4: geotechnical studies $0.15m
Year 5: geotechnical studies $0.15m

In the Carnarvon Basin, W 11-14 has been re-released and closes 12/04/2012.

In the Carnarvon Basin, WA-14-R and WA-15-R have been renewed to 27/12/2016.

In the Carnarvon Basin, Tap Oil Ltd has entered into an agreement with Santos Ltd whereby Santos will acquire Tap’s 8.2% interest in WA-191-P for a total cash payment of $21.7 million.

In the Dampier Basin, a seven month suspension period has been granted to the Year 3 work program for WA-1-P. Year 3 has been extended from 29/01/2012 to 28/8/2012. The licence will expire 28/08/2014.

In the Carnarvon Basin, WA-205-P has been renewed to 20/12/2016. Work program is as follows -

Year 1: geotechnical studies $0.2m
Year 2: geotechnical studies, 240k 3D seismic reprocessing $0.4m
Year 3: geotechnical studies $0.2m
Year 4: geotechnical studies $0.2m
Year 5: geotechnical studies $0.2m

In the Dampier Basin, WA-209-P has been renewed to 27/12/2016. Work program is as follows -

Year 1: 320k 3D seismic reprocessing, geophysical studies $0.5m
Year 2: geotechnical studies $0.25m
Year 3: geotechnical studies $0.25m
Year 4: 1 well $7m
Year 5: geotechnical studies $0.25m

In the Browse Basin, Toho Gas has secured a 0.42% interest in WA-285-P and WA-37-R, INPEX has sold a further 1.575% to Tokyo Gas, reducing INPEX’s share in the permits to 72.805%.

In the Carnarvon Basin, WA-335-P, WA-356-P, WA-362-P and WA-363-P are being renewed.

In the Carnarvon Basin, WA-374-P is pending suspension.

In the Browse Basin, WA-377-P is being renewed.

In the Browse Basin, WA-378-P was surrendered on 23/10/2011.

In the Petrel Sub Basin, a six month suspension period has been granted to the Year 5 work program for WA-407-P. Year 5 has been extended from 19/07/2012 to 18/01/2013. The licence will expire 18/01/2014.

In the Bonaparte Basin, a six month suspension period has been granted to the Year 4 work program for WA-422-P. Year 4 has been extended from 13/11/2012 to 12/05/2013. The licence will expire 12/05/2015.

In the Canning Basin, Finder Exploration and Carnarvon Petroleum are seeking farm-in partners for WA-435-P and WA-437-P
.


New Zealand

In the East Coast Bain, application APP 53618 was formally withdrawn by the applicant on 19/12/2011.

In the Taranaki Basin, PEP 381200 was surrendered on 14/12/2011.

In the Taranaki Basin, PEP 38778 has undergone a partial relinquishment and now covers a reduced area of 765 sq km.

In the Great South Basin, PEP 50119 EX is an extension of land application currently under consideration
.


Papua New Guinea

In the Papuan Basin, Talisman has appointed RFC Corp Finance to find a partner for PPL 235, PPL 261, PRL 4 and PRL 21.  Talisman is aiming to sell 50% in PPL 235 and PPL 261, and 10% in PRL 4 and PRL 21.

In the Cape Vogel Basin, the correct expiry date for PPL 257 is 07/12/2016.

In the Papuan Basin, the correct expiry date for PPL 259 is 22/09/2016.

Also in the Papuan Basin, PRL 28 was granted over the Ubuntu field on 07/12/2011.  The licence will expire on 06/12/2016
.


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