Chris Newton has been appointed chairman of Tap Oil, effective immediately, the company said Oct. 15.
The Denver-based independent Sundance typifies the new Eagle Ford narrative where technically astute private equity-backed younger management teams are revitalizing the play.
Woodside is also accelerating plans to build a pipeline to move gas from its Scarborough development.
In this interview with Hart Energy, Carnarvon’s Adrian Cook and Phil Huizenga explain their own strategy that led to the largest hydrocarbon discovery in Australia in 30 years.
The Quadrant takeover gives Santos a business that is the leading supplier of gas into the Western Australian market with strong and stable cash flows.
BHP, which said it was seeking reform of its own accord, in July announced BP would buy U.S. shale oil and gas assets from it for $10.5 billion.
Australia’s Woodside Petroleum Ltd. said on Aug. 15 that its first-half net profit rose 6% and it raised its 2018 production outlook after strong performances from its Wheatstone and Pluto LNG projects.
Start-up of Ichthys LNG project will boost export capacity to 12.7 million tons per year.
Australian company says it found the project’s economics ‘very challenged.’
Project would park and FSRU in Port Adelaide.