Tag: oil

Mining & Resources

Carnarvon’s historic oil find and what this means for the sector

Carnarvon and partner firm Quadrant have made a historic discovery of high-quality light oil in their Dorado-1 well; causing Carnarvon share prices to surge 57 percent this week. The quality and magnitude of the reserve has led many to describe it as one of the most significant discoveries of the North West Shelf. The 96m…

20 Jul 2018, by Amy Sarcevic

Mining & Resources

Clough director calls for oil and gas stability

Australia needs more stability in its oil and gas sector under the new government, according to an industry expert. Kevin Gallagher, managing director of oil and gas contractor Clough, was quoted by The Australian as saying that he hoped prime minister Tony Abbott would bring much-needed confidence to an industry that has been plagued with…

2 Oct 2013, by Test1 Test1

Mining & Resources

Austmine 2009 to show world-class technology

[youtube=http://au.youtube.com/watch?v=CnYdg-JojOk] PREMIER MIKE RANN talks Austmine 2009 One spin-off benefit of the mining boom is world-class Australian technology that itself earns substantial and increasing export income. This is reflected by export revenues forecast in the last major review of the mining technology services sector by the Australian Bureau of Agricultural and Resource Economics (ABARE). The…

22 Oct 2008, by Test1 Test1

Mining & Resources

Coal seam gas is long-term

[youtube=http://au.youtube.com/watch?v=Vh3AwkpVsU8] DON McMILLAN, Principal Engineer, Oil Gas CBM Services Oil price fluctuation will have little impact on plans to develop Queensland’s vast coal seam gas (CSG) reserves, says industry specialist Don McMillan. “[The end product] Liquid natural gas (LNG) is a very long term investment,” he says. “You’ve seen the numbers people have been prepared…

20 Oct 2008, by Test1 Test1