Carnarvon Petroleum adds third well to 2019 program at Dorado oil, gas and condensate discovery
The Roc South-1 exploration well has a relatively high chance of geological success of 63%.
Company
ASX:STO
Santos (ASX: STO) is a oil and gas producer, supplying Australian and Asian customers.
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The Roc South-1 exploration well has a relatively high chance of geological success of 63%.
The 2019 drilling is aimed at enhancing understanding of the volume of recoverable oil, gas and condensate resources.
High Peak claims royalties from oil and gas endeavours on Australian and US landholdings.
Investments and investor services
High Peak Royalties Ltd will outline royalty investment strategy at CEO Session in Melbourne
Gas processing and tie-in agreements have been signed with large industry players Santos Ltd and Beach Energy Ltd.
The company generates value and revenue through royalties on oil and gas exploration, development and producing properties.
The conference continues today, with highlights including a presentation from Santos on how becoming the lowest cost operator delivered growth to the company.
Vertical Events’ managing director expects the conference might prompt some merger and acquisition activity.
The company hopes to negotiate a gas sales agreement with Stanwell Corporation by July next year before a FID decision due in September.
John Anderson has made his first Platina share purchase, obtaining 104,340 shares valued at $12,000.
Managing director Adrian Cook will outline developments at the Phoenix and Buffalo projects.
The acquisition proposal comes as Dorado-1 oil discovery is confirmed as the North West Shelf’s third largest.
Investments and investor services
Naturally, most deals ultimately boil down to valuation - this is capitalism after all
S&P/ASX 200 rallied nearly 30 points from its low to finish in the green.
Australia's quarterly wages price index came in +0.6%, beating the expected +0.5%.
The ASX opened strongly - her are the market's early movers
The halt will remain in place until Tuesday 6th June 2017.
Malherbe has over 20 years of international engineering and management experience.
Thursday's ASX Volume Leaders at the close of trading.