Search results for: Vic/P42

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  • 13 March 2014
    Business & Finance, Project & Tenders

    Bass Strait Oil Company’s request for cancellation of the Petroleum Exploration Permit Vic/P42 in Australia has been approved by the National Offshore Petroleum Titles Administrator. On the 20th September 2013, Bass Strait Oil Company announced the execution of a Collaboration Agreement with HIREX Petroleum Sdn Bhd. to reassess prospectivity of Vic/P42 with new technology. BAS entered the […]

  • 16 August 2012
    Business & Finance

    Bass Strait Oil Company Ltd has engaged IndigoPool, a subsidiary of the multi-national oil and gas services company Schlumberger Ltd, to act as its agent in marketing the Company’s extensive interests in the Gippsland Basin. BAS currently holds large interests (ranging from 40% to 100%) in a portfolio of five Gippsland Basin permits, Vic/P41, Vic/P42, […]

  • 20 September 2013

    Bass Strait Oil Company Ltd (ASX: BAS) has entered into a Collaboration Agreement with HIREX Petroleum Sdn Bhd.  HIREX has access to proprietary evaluation technology that it will use as a means of determining whether HIREX will participate in specific BAS exploration opportunities in the Gippsland Basin. The Collaboration Agreement outlines the agreed forward principles for BAS and HIREX to apply […]

  • 26 December 2011
    Business & Finance

    Bass Strait Oil Company Ltd, a specialist petroleum explorer focused exclusively on southeast Australia, announced recently its forward exploration program fot its assets in the offshore Gippsland Basin and the offshore Bass Basin Gippsland Basin The company holds interests in four offshore permits in the Gippsland Basin. Vic/P41, Vic/P47 and Vic/P66 form the focus of […]

  • 2 May 2011

      The Company is pleased to advise that the proposed share Placement Agreement (Placement Agreement) and Process Deed (Process Deed) and all other Transaction Documents with China Huanqiu Contracting & Engineering Corporation (HQCEC) are all materially completed and are expected to be executed in early May 2011. HQCEC is a wholly owned subsidiary of China […]

  • 14 May 2014
    Business & Finance

    Oil Basins Limited (OBL) has acquired a share in a block located in southeast Australia’s Bass Strait.   OBL has executed formal agreements with Strategic Energy Resources Ltd (SER) whereby the Company acquires SER’s 25% interest in Vic/P47, including the Moby Gas Field Location. OBL has nominated that this interest be split 50/50 between OBL and OBL’s wholly […]

  • 20 December 2013

    In the 27th Offshore Oil and Gas Licensing Round, RWE Dea UK received the operatorship in a further three licences in the Southern North Sea. In addition to the two 27th Round licences awarded earlier this year, P2018 West of Shetland and P1975 Northern North Sea, RWE Dea UK has recently been awarded a further […]

  • 6 December 2013

    Hibiscus Petroleum has announced that the National Offshore Petroleum Titles Administrator (NOPTA) of Australia has on 5 December 2013, awarded the VIC/P57 joint venture, a Production Licence VIC/L31, over the West Seahorse oil field in the offshore Gippsland Basin, Victoria, Australia. “The Production Licence award provides greater certainty to the West Seahorse project. A Final Investment Decision is currently […]

  • 29 July 2019

    Australia’s National Offshore Petroleum Title Administrator has awarded 3D Oil Limited the VIC/P74 permit in the offshore Gippsland Basin. 

  • 4 September 2018
    Project & Tenders

    Australia-based Emperor Energy has selected independent resource certifier RISC for auditing and assessment of contingent and prospective resource of the Judith gas field located offshore Australia.

  • 10 April 2017

    Australia’s Santos has shed the last of its Victorian gas assets after the completion of the 10 percent interest sale in the Minerva gas field to compatriot Cooper Energy. To remind, Santos agreed to sell its Victorian assets to Cooper Energy for cash consideration of up to A$82 million ($61.4 million in current exchange rate) in […]

  • 24 March 2014
    Business & Finance, Project & Tenders

    Bass Strait Oil Company Ltd has received formal notice cancelling Petroleum Exploration Permit Vic/P66 in the Gippsland Basin, with the process formally approved by the National Offshore Petroleum Titles Administrator (“NOPTA”) on 18 March 2014. Bass Strait Oil Company Limited holds 60% interest and is the operator of Vic/P66, while the partners are Strategic Energy […]

  • 7 March 2018
    Project & Tenders

    A joint venture between Hibiscus Petroleum and 3D Oil has been granted renewal of exploration permit VIC/P57 in the Gippsland Basin offshore Australia for a further five year term.

  • 4 September 2019

    Cooper Energy has been awarded the offshore exploration permit VIC/P75 located in the Gippsland Basin, offshore Victoria.

  • 17 June 2019

    An environment plan by ExxonMobil for its exploration drilling campaign at the VIC/P70 offshore Australia has been accepted by Australian regulator NOPSEMA. 

  • 16 April 2019
    Exploration & Production

    ExxonMobil has provided more information to NOPSEMA for an Environment Plan for exploration drilling in the Gippsland basin off Australia.

  • 29 July 2019
    Exploration & Production

    Cooper Energy has said that the Diamond Offshore-operated semi-submersible rig Ocean Monarch has started mobilization from the Gippsland Basin to the Otway Basin offshore Australia where it is to drill two offshore gas exploration wells.

  • 3 October 2016

    A pair of Australian oil and gas exploration companies are looking to abandon their joint interest in a license located in the Gippsland Basin, offshore Australia.  On Monday, Bass Strait Oil Company Limited informed it made plans, together with Oil Basins Limited, to apply to the National Offshore Petroleum Titles Authority (NOPTA) for the surrender of their […]

  • 19 December 2014
    Business & Finance, Project & Tenders

    Australian energy company WHL Energy Limited has received notification from Peedamullah Petroleum (AWE) stating it will not proceed as part of the VIC/P67 Joint Venture.  The VIC/P67 permit is located in the Otway Basin, offshore Australia and it contains the undeveloped La Bella gas discovery and multiple near-field exploration targets. WHL Energy previously identified 14 prosects […]

  • 12 May 2014
    Business & Finance

    Following Hibiscus Petroleum Berhad’s (Hibiscus Petroleum) successful oil discovery in the Middle East in early February 2014, its Australian partner 3D Oil Limited (3D Oil) has agreed to transfer a 20% interest in the VIC/P57 exploration permit located in the Gippsland Basin off Victoria to HiRex Petroleum Sdn Bhd (HIREX) at a nominal cost. The Gippsland […]

  • 18 August 2014
    Business & Finance, Project & Tenders

    3D Oil Limited has advised that Carnarvon Hibiscus Pty Ltd has exercised the VIC/L31 Option to acquire the VIC/L31 Remaining Interest, offshore Australia, from 3D Oil Limited for a consideration of USD 14.05 million. The payment of the VIC/L31 Option Consideration and the completion of the acquisition of the VIC/L3 Remaining Interest (together with the completion of VIC/L31 Sale […]

  • 29 September 2015
    Exploration & Production, Project & Tenders

    Hibiscus Petroleum is experiencing yet another delay in drilling the Sea Lion-1 exploration well, offshore Australia, as the bad weather is preventing a rig handover.  3D Oil Limited, a partner in the permit VIC/P57, said on Tuesday that the handover of the West Telesto jack-up rig from Origin Energy, the current operator, had been prevented due to […]