Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is an independent oil and gas exploration and production company listed on the Australian Stock Exchange. It has operations in the shallow waters of the Gulf of Mexico and state waters of the Louisiana Gulf Coast region of the USA, and exploration activities in the Gulf Coast onshore and bay areas of Texas and Louisiana, USA and Yemen.
Petsec Energy Ltd
ASX:PSA ISIN:AU000000PSA3
News
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to provide the company's Entitlement Offer Document.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) will undertake a non-renounceable entitlement offer or "rights issue", of 1 new share for every 3.2 shares held by eligible shareholders at the record date of 29 November 2016. The offer will allow eligible shareholders to acquire additional shares in the Company at 15 cents per share, free of brokerage costs.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise the successful flow testing of its Main Pass 270 No. 3 BP 1, Hummer discovery well, offshore Louisiana, Federal waters, USA. The well was tested over a 48 hour flow-back period, beginning 16 November 2016. Flow rates were measured at restricted rates on variable choke sizes over the last three hours of the 48 hour test period the well flowed at an average rate of 19.88 MMcfpd and 396 bcpd through a 16/64th inch choke with an average flowing WHP of 9753 psi and no formation water. Production rates continued to rise over the duration of the test with a maximum gas rate of 20.5 MMcfpd recorded.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise it has executed an agreement with KUFPEC to acquire their 25% working interest in Block 7, Al Barqa Permit, in the Republic of Yemen.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to release its September 2016 Quarter results.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to provide its latest investor presentation held in October 2016.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise the successful installation of the Hummer platform jacket over the Main Pass 270 #3 discovery well offshore Louisiana, Federal Waters, USA. The Ensco 87 jack-up rig has now arrived at the platform jacket site in Block 270 to undertake the next phase of development.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) are pleased to provide the Company's latest presentation at the 2016 Good Oil Conference in Perth, Western Australia.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise of the opening of the Company's Sana'a Office in the Republic of Yemen. The Company has leased office space, on the 6th Floor of the Libyan Trade Center Building which is located on Algeria Street in Central Sana'a.
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to advise that subsequent to a short weather-related delay, the barge transporting the recently fabricated Hummer Platform Jacket has arrived on site in offshore Louisiana, Federal Waters, USA. The platform jacket is a 4 pile, 3 slot structure designed to be installed in water depth of 215 feet over the Main Pass Block 270 #3 Hummer discovery well.
243,327 COMPANY PROFILE VIEWS
- This Page Viewed: (Last 7 Days: 191) (Last 30 Days: 534) (Since Published: 42429)