Empire Energy has announced a $65 million Beetaloo financing package with Macquarie, which will support the development of its Carpentaria gas pilot project in the NT.
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The Northern Territory Government has provided environmental approval for Empire Energy’s Carpentaria pilot project, located in the Beetaloo Basin.
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The Beetaloo Basin gas development has been elevated to major project status by the Northern Territory Government, but what does that mean for the project?
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The project will connect Empire Energy‘s acreage in the Beetaloo Basin to the existing McArthur River Mine Pipeline, which would establish a link through to APA Group’s Amadeus Gas Pipeline. Read More
The Australian Petroleum Production & Exploration Association’s (APPEA) NT Director, David Slama, has shed light on the Beetaloo Basin’s potential to help fuel the nation’s journey towards net zero by 2050 in the Australian Territorian.
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The Beetaloo Basin is one of the most promising shale gas resources anywhere in the world, but the viability of a gas resource is about more than just the volume and quality of the resource.
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Across the Northern Territory, government bodies and industry juggernauts have undertaken projects to improve the state’s infrastructure, with gas and water security, communication, and other utilities.
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Origin Energy has confirmed it will divest 100 per cent of its interest in the Beetaloo Basin following its plans to exit its upstream exploration permits and redirect its ambitions to lead the energy transition.Read More
Tamboran Resources and Jemena have signed a binding memorandum of understanding (MOU) to enable Tamboran to contract approximately 100 terajoules (TJ) per day of firm capacity through the Northern Gas Pipeline (NGP), subject to applying NGP access principles, under a long-term gas transportation agreement. Read More
Origin Energy has provided an update on its quarterly activities, including its performance in the integrated gas and energy markets and its 15 per cent revenue increase. Read More
The APPEA said a four-year environmental study into onshore gas resource development in Queensland, South Australia and the Northern Territory has concluded that the resources can be developed safely.
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Empire subsidiary Imperial Oil & Gas has executed three grant agreements with the Australian Government under the Beetaloo Cooperative Drilling Program in the Northern Territory.
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The oil and gas industry association said the Northern Territory’s Beetaloo Sub-basin had significant potential as a gas resource and job creator.
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Jemena has signed a Memorandum of Understanding (MoU) with Tamboran Resources Limited, in a move that will increase the Northern Gas Pipeline’s (NGP) capacity.
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