News listings

energy-pedia exploration

Australia flagAustralia

Central & SE Asia / Australasia >>> Australia

Australia: Regulatory approvals completed for Ironbark-1 well

22 Sep 2020

  • Regulatory approvals for the Ironbark-1 well have been completed
  • Drilling is expected to commence late October 2020
Photo - see caption

Cue Energy reports that regulatory approvals required for the drilling of the Ironbark-1 well in exploration permit WA-359-P have now been completed and the Operator, BP, is making final preparations for the handover of the Ocean Apex drilling rig, expected to be in October.

The Well Operations Management Plan and the Safety Case for the Ocean Apex drilling rig were the final regulatory documents required to be approved by the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA). Both of these documents have now been approved.

Mobilisation of the Ocean Apex drilling rig for the Ironbark-1 well is expected to commence mid-October, with drilling expected to begin by the end of October.

Exploration permit WA-359-P is located in the Carnarvon Basin, offshore Western Australia, approx. 50km from existing North West Shelf LNG infrastructure. The Ironbark-1 well is expected to drill to approx. 5500 metres and will be the first test of the world class Ironbark gas prospect.

Cue is fully funded for its expected participating interest costs of the well through funding from farm-in agreements with partners BP, Beach Energy and New Zealand Oil & Gas and approx. US$8 million of cash reserves which have been escrowed.

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: 363

Completed Deals

Completed Upstream Deals: 5791

Company Profiles

Current Company Profiles: 2737

Corporate Activity

Current Corporate Activity articles: 3541

Companies Looking

Current number of articles: 442

Company Sales

Current Company Sales articles:1438


Current Geostudies articles: 754

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 to the FREE
energy-pedia Daily Newsletter

Union Jack Oil 149
Rose & Assocs 149
Government of South Australia
SLR Consulting logo
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

Tel: +44(0)1727 822675