Search results for: Neon Energy

108080 results

A list of search results

  • 15 April 2014

    Neon Energy loses interest in Vietnamese blocks after failing to pay.   KrisEnergy Ltd, an independent upstream oil and gas company, announces the following in relation to its Vietnam contract areas, Block 105-110/04 (“Block 105”) and Block 120:  Eni Vietnam B.V. the operator of Block 105 and Block 120, issued default notices on 7 March […]

  • 12 August 2014

    Italy’s Eni and Singapore’s KrisEnergy have reached an agreement with Neon Energy to resolve a dispute regarding the settlement of the financial liabilities of Neon, subsequent to the Vietnamese drilling program conducted in late 2013 in Block 105-110/04 and Block 120. In consideration for a full release from all liabilities Neon has agreed to pay US$5.75 […]

  • 11 December 2014

     Mosman Oil and Gas Limited, the New Zealand and Australia focussed oil exploration and development company,  plans to launch a takeover offer for Australian oil and gas company MEO Australia Limited. Mosman intends to offer the MEO shareholders 1 AIM traded fully paid ordinary share in Mosman for every 20 ASX listed fully paid ordinary […]

  • 31 October 2014
    Business & Finance, Equipment

    Neon Energy Limited has awarded a contract to CGG Services (CGG) for licensing of 200 km2 of new broadband 3D seismic data over the WA-503-P offshore petroleum exploration permit, off Australia. Block WA-503-P is located offshore Western Australia, within the Dampier Sub-basin, and is operated by Neon Energy (100%). Water depths within the block range […]

  • 19 June 2014

    KrisEnergy Ltd., an independent upstream oil and gas company, is soon to acquire an additional 42% share in Indonesia Tanjung Aru PSC.

  • 5 May 2014
    Business & Finance, Project & Tenders

    KrisEnergy Ltd, an independent upstream oil and gas company, announced that Neon Energy will be required to withdraw from the Tanjung Aru production sharing contract, offshore Kalimantan in Indonesia. Under the PSC’s joint operating agreement (“JOA”) KrisEnergy and Neon Energy entered into a deed of carry with Natuna to pay a portion, up to an […]

  • 5 September 2014
    Business & Finance

    Neon Energy, an Australian Securities Exchange-listed oil company asked for a trading halt of its shares (NEN), after receiving a corporate offer.

  • 9 December 2011
    Business & Finance

    Neon Energy Limited announces that the Company has received notification from Indonesian regulatory authority MIGAS, of the award of the Tanjung Aru Production Sharing Contract to a Joint Venture consortium comprised of the following companies: * Neon Energy Ltd 42% * KrisEnergy Ltd (Operator) 43% * Natuna Ventures Pte Ltd 15% The Tanjung Aru block […]

  • 25 March 2015
    Business & Finance

    Neon Energy has announced the appointment of Ross Williams as a Non-Executive Director and the resignation of its director Ken Charsinsky. Williams is a founding shareholder of MACA Limited and up until July 2014 held the position of CFO and Finance Director with responsibility for capital management, finance, financial reporting and corporate strategy. Williams is a […]

  • 15 April 2014

    Neon Energy has issued a statement in response to Eni Vietnam B.V.’s Notices of Withdrawal issued today to Neon Energy (Song Hong) Pty Ltd (NESH). The Notices require NESH to withdraw from the Block 120 and Block 105-110/04 (Block 105) Joint Ventures, and have been issued further to non-payment by NESH of cash call payments to the Operator […]

  • 24 December 2014
    Business & Finance, Project & Tenders

    MEO Australia Limited has received from Neon Energy Limited the Reimbursement Fee of $400,000 due and payable under the Merger Implementation Agreement (MIA). Neon Energy and MEO entered into MIA in November. Under the proposed merger, MEO shareholders would receive 0.7369 Neon shares for each MEO share they hold. Following implementation of the Merger, Neon shareholders […]

  • 31 October 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Neon Energy  has awarded a contract to CGG Services (CGG) for licensing of 200 km2 of new broadband 3D seismic data over the WA-503-P offshore petroleum exploration permit. Block WA-503-P is located offshore Western Australia, within the Dampier Sub-basin, and is operated by Neon Energy (100%). Water depths within the block range from 50 metres […]

  • 16 January 2012
    Business & Finance

    Neon Energy Limited, an emerging petroleum exploration and production company listed on the Australian Securities Exchange has accepted a binding offer from a third party to farmin to Block 120 and Block 105-110/04, offshore Vietnam. Due to confidentiality obligations Neon said it was not in a position to provide a detailed summary. However under the agreed […]

  • 27 November 2013

    Neon Energy Limited  has provided the following update regarding drilling operations at the Ca Ngu-1 exploration well, located in the Eni-operated Block 120, offshore Vietnam. As of 26 November drilling has reached the 13 3/8” casing point, at a depth of 607 metres. Once casing is set, Operator Eni will drill ahead through the upper […]

  • 14 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Neon Energy Limited has been awarded the WA-503-P offshore petroleum exploration permit, as Operator and 100% working interest holder, having successfully bid in the 2013 Australian Offshore Petroleum Exploration Acreage Gazettal. Block WA-503-P is located offshore Western Australia within the Dampier Sub-basin, inboard of the giant Northwest Shelf gas field complex and on trend with […]

  • 5 November 2014
    Project & Tenders

    Neon Energy and MEO Australia enter into a merger implementation agreement.

  • 20 January 2012
    Business & Finance

    Neon Energy Limited has, further to the announcement made on January 16, provided some additional information in relation to the agreed farmout of Block 120 and Block 105-110/04 (‘Block 105″), offshore Vietnam. The key commercial terms of the accepted binding offer as they apply to Neon are as follows: ■ Neon to assign a 25% […]

  • 22 December 2014

    Neon Energy has called off the merger with MEO Australia following a superior proposal by Evoworld.

  • 16 June 2010

    Neon Energy Limited  is pleased to announce the completion of 2D seismic acquisition operations in Block 120 and Block 105-110/04 (“Block 105”) offshore Vietnam. The Aquila Explorer seismic vessel, contracted from Seabird Exploration, ceased operations on Block 105 on 12 June 2010. The 3,827 km seismic campaign was conducted as planned, during an extended period […]

  • 22 December 2014

    Neon Energy Limited has pulled out of a proposed merger agreement with MEO Australia.  Under the proposed merger announced in November, MEO shareholders would receive 0.7369 Neon shares for each MEO share they hold. Following implementation of the Merger, Neon shareholders and MEO shareholders would each hold 50% of the Merged Group. However, Neon on […]

  • 25 June 2012
    Business & Finance

    Eni has signed an agreement with KrisEnergy and Neon Energy for two exploration blocks located offshore Vietnam, in the Song Hong and Phu Khanh basins in the Gulf of Tonkin. The Song Hong Basin is estimated to contain 10% of Vietnam’s hydrocarbon resources, mainly gas, and significant discoveries have recently been recorded there. The agreement […]

  • 25 June 2012

    Eni of Italy said it has signed an agreement with KrisEnergy and Neon Energy for two exploration blocks located offshore Vietnam, in the Song Hong and Phu Khanh basins in the Gulf of Tonkin. The Song Hong Basin is estimated to contain 10% of Vietnam’s hydrocarbon resources, mainly gas, and significant discoveries have recently been […]