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Australia

Monday, April 13, 2015

Australia Oil & Gas News

Australian manufacturers fear Shell-BG deal may hurt gas market
MELBOURNE (Reuters) - Some of Australia's biggest manufacturers fear a planned $70 billion (47.98 billion pounds) takeover of BG Group Plc by Royal Dutch Shell could potent...



Sunday, April 12, 2015

Australia Oil & Gas News

Australia Stocks Rise, With Banks, Gold Miners, Energy All Up
Gains for financials, energy and gold miners helped buoy Australian stocks early Monday, overcoming the drag from the senior miners and iron-ore plays, The S&P/ASX 200 was up 0.4% about an hour into trade, though with Chinese import and export data due out later in the day holding the potential to move the market significantly.

Apache Exits Australia E&P Business With $2.1B Sale
April 8 (Reuters) - U.S. oil and gas company Apache Corp said it would exit its exploration and production business in Australia by selling its unit in the country to a consortium of private equity funds for $2.1 billion in cash.



Saturday, April 11, 2015

Australia Oil & Gas News

AWE begins Pateke-4H development well production offshore New Zealand
Australia-based AWE has started production of the Pateke-4H development well located offshore New Zealand, following completion of installation of a subsea tie-back connecting the well to its Tui area oil fields gathering system.



Thursday, April 9, 2015

Australia Oil & Gas News

Apache Sells Australian Energy Assets to Macquarie, Brookfield for $2.1 Billion
NEW YORK (TheDeal) -- Apache  will exit Australia's energy sector later this year after agreeing to sell its remaining Australian gas and oil assets to a private equity consortium led by Macquarie Capital and Brookfield Asset Management for $2.1 billion. The investors said on Thursday, April 9, they will buy Apache Energy and its subsidiaries, taking control of assets that produced about 49,000 ...



Wednesday, April 8, 2015

Australia Oil & Gas News

Apache exits Australia E&P operations with $2.1 bln sale
U.S. oil and gas company Apache Corp said it would exit its exploration and production business in Australia by selling its unit in the country to a consortium of private equity funds for $2.1 billion in cash. The sale of Apache Energy Ltd to a consortium of funds managed by Macquarie Capital Group Ltd and Brookfield Asset Management Inc has an effective date of Oct. 1, 2014, Apache said. Apache ...

Are floodgates about to open for Australia M&A?
Shell's $70 billion takeover bid for BG may be a harbinger of more deals to come for Australia's resources sector, which has taken a body blow from low prices for oil and other commodities.

Is the floodgate about to open for Australia M&A?
Shell's $70 billion takeover bid for BG may be a harbinger of more deals to come for Australia's resources sector, which has taken a body blow from low prices for oil and other commodities.



Monday, March 30, 2015

Australia Oil & Gas News

Pryme Energy Limited (ASX:PYM) 2014 Annual Report
Brisbane, Australia, Mar 31, 2015 - (ABN Newswire) - Over the past year Pryme Energy Limited (ASX:PYM.AX - News) has been recapitalised and has commenced the exploration and development of its Capitola Oil Project along the highly prospective and very active eastern shelf of the Permian Basin in Texas. The company enters 2015 with a strong balance sheet, including A$8.4 million in cash, an ...



Thursday, March 26, 2015

Australia Oil & Gas News

Scotland, Australia: a Long-Held Partnership, but More to be Done
As this month's Australia Oil & Gas 2015 show in Perth demonstrated, Scotland and Australia's relationship in oil and gas endures, but there remains more potential to be unlocked.






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