The company, with a portfolio of upstream oil and gas projects, has announced the completed acquisition of Simwell Resources Limited, further to its announcement on 28 September 2022.
APPEA has said that the government’s heavy-handed reforms introduced without proper consultation had, in less than a week, dealt a blow to new east coast domestic gas supply and future energy security.
At this early cleanup stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4000 ft unblocked section, with gas rates well above original prognosis.