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Country summary: Australia

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Australia - recent news

18 Jul 18
Australia: Carnarvon Petroleum announces significant oil discovery at Dorado-1
Carnarvon Petroleum has confirmed that the Quadrant-Carnarvon Joint Venture has made a significant oil discovery in the Caley Member as part of the current Dorado-1 well drilling campaign.
17 Jul 18
Australia: Transocean announces 11 well contract with Chevron Australia for the GSF Development Driller I
Transocean has announced that the ultra-deepwater semisubmersible GSF Development Driller I has been awarded an 11-well contract (approx. 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia.
16 Jul 18
Australia: Jadestone Energy to acquire the Montara oil project, offshore Australia, in deal with PTTEP
Jadestone Energy has executed a definitive Sale and Purchase Agreement ('SPA') with certain subsidiaries of PTTEP to acquire a 100% interest in the Montara oil project, offshore Australia via an asset acquisition for a total cash consideration of US$195 million.
13 Jul 18
Australia: Rawson Oil & Gas signs gas sale MOU with Weston Energy
Rawson Oil and Gas has executed a non-binding Memorandum of Understanding ('MOU') with Weston Energy to sell gas from the Nangwarry-1 exploration well in the Otway Basin, South Australia in the event of a commercial discovery.
12 Jul 18
Australia: Carnarvon Petroleum reports elevated gas readings at the Dorado-1 well
Carnarvon Petroleum has provided an update on the drilling of the Dorado-1 well, located within the WA-437-P exploration permit in the North-West Shelf of Australia. A number of sandstone intervals have been encountered with elevated gas readings and increased resistivity, indicating the presence of hydrocarbons.

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