The November 2011 data update is now available ...
New Seismic Data Layers
The November update includes 2 new data layers supplied to us by Fugro Multi Client Services ...
Adding User Data Layers
GPinfo allows you to add in data layers so you can take advantage of the many digital datasets which are available ...
Beach Energy Ltd has today launched an unconditional on-market takeover offer for Adelaide Energy Ltd. Beach has offered 20 cents per share for all of the issued and outstanding ordinary shares of Adelaide ...
Permit Updates and Changes
In the Gunnedah Basin, TRUenergy will acquire 20% in PEL 238, PAL 2, PPL 3, PEL 433 and PEL 434 from Santos for $284m ...
The November 2011 data update is now available.
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 November data you will need to re-set your permissions for the GPinfo data. Click here for more information.
New Seismic Data Layers
The November update includes 2 new data layers supplied to us by Fugro Multi Client Services.
The new layers are in the Map Manager group called OVERLAYS -
Fugro MCS 2D contains a stick-map of nearly 750,000 km of 2D seismic.
Fugro MCS 3D contains polygons representing more than 50,000 sq km of 3D seismic, including the recently acquired Phoenix, Zeebries and Zeus surveys.
Please note the following -
Adding User Data Layers
GPinfo allows you to add in data layers so you can take advantage of the many free digital datasets which are available and which are compatible with GPinfo. User-added data layers behave in the same way as system data layers in GPinfo and can be displayed and manipulated using all of the standard functionality that the software interface provides.
For example, GPinfo can display -
- Vector data that is in MapInfo (.mif or .tab) or ArcGIS (.shp) formats
- Geo-referenced high resolution, large format imagery (.ecw or .jp2)
- It can handle Lat/Lon or X/Y co-ordinate systems
Geoscience Australia has many free datasets available on its website which might be of interest - such datasets as geological provinces, river basins, rail network, population centres, maritime boundaries, ATSIC boundaries, drainage network to name but a few. Many other government agencies also offer free data.
Equally, if you have a digital file in a suitable format that contains your own data, prospects and leads or planned pipeline routes for instance, you can attach it in GPinfo and view it in relation to existing datasets.
Click here for information on how to add your own data in GPinfo.
Click here to browse Geoscience Australia's Free Data Downloads page.
Please contact GPinfo support on +61.2.9437.6255 or by e-mail to email@example.com for assistance.
Industry Summary Company News
Beach Energy Ltd has today launched an unconditional on-market takeover offer for Adelaide Energy Ltd. Beach has offered 20 cents per share for all of the issued and outstanding ordinary shares of Adelaide Energy that it does not already own, valuing Adelaide at $94 million. The offer provides an opportunity for Adelaide Energy shareholders to receive a 51.5% premium to the one month and three month Volume Weighted Average Price of $0.132 per Adelaide Energy share. The offer closes on 22nd December 2011. (Source: Beach Energy announcement 07/11/2011).
Prior to the Beach takeover offer Beach held a relevant interest of 19.95% in the ordinary shares of Adelaide Energy. Beach has increased its relevant interest in Adelaide Energy to 79.91% as a result of strong acceptances by Adelaide Energy shareholders. Beach now has majority control of Adelaide Energy. (Source: Beach Energy announcement 21/11/2011).
Key Petroleum Ltd has signed an agreement with Empire Oil & Gas NL to purchase 100% of Empire’s subsidiary Company Gulliver Productions P/L which holds interests in EP 104, R 1, L 15, EP 438 and EP 448 located in the Canning Basin, Western Australia. Under the agreement, Key will issue 52 million ordinary shares to Empire, representing 19% of the total issued capital in Key on completion. Key will also assign a 22.5% interest in EP 437 to Empire. The acquisition and issue of shares is subject to shareholder approval. A decision should be made in late November 2011. (Source: Key Petroleum announcement 24/10/2011).
The board of Alcoa is pleased to advise the previously announced gas supply deal with Empire Oil & Gas is now unconditional. Empire, together with its joint venture partners ERM Gas P/L and Wharf Resources plc will supply 15,000 terajoules of gas from the Gingin West and Red Gully gas fields to Alcoa with a target date of late 2012. (Source: Empire Oil & Gas announcement 25/10/2011).
In other Alcoa news, Alcoa has extended the existing Gas Supply Agreement with Buru, giving Buru until January 1, 2013 to establish sufficient reserves to supply up to 500 petajoules of gas to Alcoa. The extension will provide Buru with additional time to appraise and prove up reserves at the Yulleroo field and the Valhalla accumulation and to also identify additional gas resources as part of Buru’s continuing drilling program. (Source: Buru announcement 25/10/2011).
Santos today announced that they have agreed to sell their working interest in Evans Shoal in the Bonaparte Basin for up to $US350 million. Santos advised their 40% in NT/P 48 will be sold to a major international exploration and production company already operating in Australia. Santos will receive a cash consideration of $250 million, and a contingent future cash payment of up to $100 million depending on a positive final investment decision being reached and the level of proved and probable reserves at FID. (Source: Santos announcement 28/10/2011, Energy News Premium 01/11/2011).
Green Rock Energy Ltd is pleased to announce the execution of a binding agreement with New World Energy Ltd to jointly develop geothermal exploration permits held by both companies in the North Perth Basin, Western Australia. Green Rock currently holds 100% interest in 9 geothermal permits, while New World holds 100% in 8. For the agreement to go ahead NWE will have to agree to the terms of a MoU signed between Green Rock and Pacific Hydro in August this year. Green Rock will also need Pacific Hydro’s consent to farm out permit interests to NWE. (Source: Green Rock Energy announcement 31/10/2011, Energy News Premium 31/10/2011).
Santos has today completed its acquisition of Eastern Star Gas giving Santos the largest natural gas reserves position in NSW. Eastern Star Gas shares were suspended from trading on 03/11/2011 and are expected to be removed from the official ASX list on 21/11/2011. The Scheme of Arrangement allowed for Santos to acquire 100% of the outstanding ordinary shares in Eastern Star Gas and the subsequent sale of a 20% working interest in ESG's permits in the Gunnedah Basin, NSW for A$284 million to TRUenergy Holdings P/L. Santos now operates and owns 80% of ESG's coal seam gas permits with TRUenergy owning the remaining 20%. (Source: Eastern Star Gas announcement 17/11/2011, Santos announcement 17/11/2011).
The off-market takeover for Flow Energy by FAR Ltd is now fully unconditional. FAR is offering 42.66 shares for every 1 Flow Energy Share. The offer remains open until the 18/11/2011. As of today, FAR has a relevant interest of 93% in Flow Energy. (Source: FAR Ltd announcement 10/11/2011).
Australia Pacific LNG P/L and Kansai Electric Power Company today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years. Under the terms of the agreement, Australia Pacific LNG will supply Kansai Electric with LNG from its LNG facility on Curtis Island, deliveries are anticipated to commence in mid 2016. The agreement is conditional on Australia Pacific LNG making a final investment decision on the second train, targeted for early 2012. (Source: Origin Energy announcement 17/11/2011).
Sembcorp Marine’s wholly owned subsidiary SMOE has been awarded a $US100 million contract, which may increase to $US150 million, for the module assembly on the Australia Pacific LNG project on Curtis Island, Queensland, Australia. The contract, awarded by Bechtel Overseas, covers the assembly of process and cryogenic pipe-rack modules for the LNG facility. Bechtel and SMOE will form an integrated management team to oversee the project, scheduled to be completed in three years. (Source: Energy News Premium 19/10/2011).
Chevron has reportedly ordered a $US1.4 billion natural gas processing platform for its Wheatstone LNG project from South Korean group Daewoo Shipbuilding & Marine Engineering. The platform, which will be capable of handling as much as 1.9 billion cubic feet of gas, is expected to be delivered during second-half 2014. (Source: Energy News Premium 18/10/2011).
Monadelphous has secured a contract from the Clough Sea Trucks joint venture for the Gorgon LNG project, located offshore Western Australia. The contract is for the construction of the onshore portion of the domestic gas pipeline that will transport gas from the Gorgon facilities on Barrow Island to the Dampier Bunbury Natural Gas Pipeline. (Source: Energy News Premium 21/10/2011).
Santos has secured a contract to supply 14.8 petajoules of gas to Minara Resources’ Murrin Murrin nickel and cobalt mine from its share of the Reindeer gas field in the Carnarvon Basin offshore Western Australia. The 6 year contract will start in 2013 with the gas being processed at the onshore Devil Creek plant. Santos holds a 45% stake in the Reindeer/Devil Creek development, which is operated by Apache Energy. (Source: Energy News Premium 07/11/2011).
TAG Oil Ltd is pleased to announce the completion and commissioning of the Sidewinder Production Facility and 3.5km pipeline located in the onshore Taranaki Basin, New Zealand. Tag has connected two gas-condensate wells at Sidewinder in PEP 38748 to a pipeline and placed them on continuous production. The facility is designed to handle up to 30 million cubic feet of gas production per day, as well as any oil production. TAG expects to tie in the other two Sidewinder wells later this month. (Source: Tag Oil announcement 31/10/2011).
Local civil construction company Ertech has been awarded a $50 million contract to supply general services on Chevron’s Gorgon LNG project. Under the general services contract Ertech will provide a multi-skilled workforce and equipment to support construction on the site including road works, earthworks, civil, mechanical, electrical and building works. (Source: Energy News Premium 09/11/2011).
Beach Energy Ltd and Drillsearch Energy Ltd are pleased to announce another successful development well at their Bauer field in the Cooper Basin South Australia. Bauer 2 intersected 3m of clean net pay in the Namur Sandstone and a 3.5m gross oil column in the McKinlay formation. Bauer 2 has been cased and suspended as a future production well. (Source: Drillsearch Energy announcement 25/10/2011, Energy News Premium 25/10/2011).
The Beach and Drillsearch joint venture have more to celebrate with their fifth new oil discovery in the Western Flank Oil Fairway at Basham 1, the final well in a six well exploration drilling campaign in PEL 91. Log interpretation indicates a gross oil column of approximately 15m with 4 to 5 metres of net pay. Basham 1 has been cased and suspended for further evaluation. (Source: Drillsearch announcement 07/11/2011).
Buru Energy has announced an onshore oil discovery at Ungani 1/ST1, the first oil discovery in the Canning Basin since the 1980’s. Ungani 1/ST1 flowed for eight hours during a cased hole test at varying choke sizes. The flow hit a peak rate of 1647 barrels of oil per day on a half-inch choke with wellhead pressure at 18 psi. (Source: Energy News Premium 18/10/2011).
Chevron Corp has announced success with the drilling of two new exploration wells in the Carnarvon Basin offshore Western Australia. The Acme West 1 well encountered approximately 115m of net gas pay while Acme West 2 struck 56m of net gas pay. The two wells add additional resources adjacent to last year's Acme discovery. The discoveries are expected to boost expansion opportunities in the company’s Wheatstone LNG project. (Source: Chevron Corp announcement 27/10/2011, Energy News Premium 28/10/2011).
Senex Energy and joint venture partner Beach are pleased to announce their success with Growler 6, the first well in the 11 well exploration and appraisal drilling program in PRL 15 and PEL 104. Growler 6 has hit a 17m oil column in the Birkhead formation in the western flank of the Cooper Basin, with net oil pay of at least 6m. Growler 6 has been cased and suspended as a future production well. (Source: Senex announcement 07/11/2011).
Advent Energy has flowed gas from its Waggon Creek 1 and Vienta 1 wells in EP 386, onshore Bonaparte Basin Western Australia. Preliminary field observations at Waggon Creek 1 showed that during the 6 hour flow test the well flowed gas at a rate of approximately 1.07 million standard cubic feet of gas per day (MMscf/d) which was still rising slowly at the end of the flow test. Previous testing at the Vienta 1 produced gas flows at initial rates of 1.97 MMscf/d and reducing to 0.53 MMscf/d within an hour’s flow. Both wells have been suspended for further production testing during the 2012 dry season. (Source: MEC Resources announcement 07/11/2011).
New South Wales
In the Amadeus Basin,
has been granted to Oilco P/L on 07/11/2011. Licence will expire
Papua New Guinea
In the Papuan Basin, PPL 268 and PPL 269 have been renewed to 13/08/2016 over reduced areas of 2,115 sq km and 4,367 sq km respectively.
Also in the Papuan Basin, PRL 3 has been renewed to 11/04/2015.
In the Papuan Basin, PRL 4 has had its expiry date extended to 31/08/2012.
Also in the Papuan Basin, Talisman Energy Niugini has reached agreement to acquire 5% of PRL 21 from Kina Petroleum Ltd.
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