News listings

energy-pedia exploration

Australia flagAustralia

Central & SE Asia / Australasia >>> Australia

Australia: BP completes plugging and abandonment of the Ironbark-1 well


13 Jan 2021

Photo - see caption

JV partner Cue Energy reports that the Ocean Apex drilling rig has completed its work scope to plug and abandon the Ironbark-1 well in exploration permit WA-359-P, offshore Western Australia.

Cue CEO Matthew Boyall commented on the well and Cue’s ongoing business: 'The results of the Ironbark-1 well were disappointing, but we thank BP, the operator of the permit, for their safe and professional execution of the drilling operations. Cue has a strong underlying business with 2 projects currently in the development phase in addition to the continuing revenue from the Maari and Sampang projects.With cash reserves available, Cue continues to look for new, value adding opportunities.'

The WA-359-P Joint Venture participating interests are: BP (operator) 42.5%; Cue 21.5%; Beach Energy 21%; New Zealand Oil & Gas 15%.

Photo - see caption

Original article link

Source: Cue Energy





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 379

Completed Deals

Completed Upstream Deals: 6003

Company Profiles

Current Company Profiles: 2752

Corporate Activity

Current Corporate Activity articles: 3591

Companies Looking

Current number of articles: 445

Company Sales

Current Company Sales articles:1452

Geostudies

Current Geostudies articles: 774

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

energy365
Union Jack Oil 149
Government of South Australia
SLR Consulting logo
OPC
Bayphase
Rose & Assocs 149
KL Publishing
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com