Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) Reserves upgrade at Palm Valley and Dingo fields: Proved and Probable (2P) reserves total 75 PJe, an upgrade of 8% (before production) as a result of the successful Palm Valley 12 well and updated modelling for the Dingo field.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) has reported an upward reserve adjustment of 8% in its Proved and Probable (2P) gas reserves, reflecting recent drilling and production results at Palm Valley and updated reservoir modelling at the Dingo field.
The Northern Territory Government granted Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) exclusivity over 170-hectares (420-acres) on the Middle Arm Sustainable Development Precinct (Middle Arm) for a proposed LNG development, Northern Territory LNG.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has awarded John Wood Group plc, (Wood), (LON:WG) the contract to undertake the Concept Select Engineering phase for the proposed NTLNG development at the Middle Arm Sustainable Development Precinct (Middle Arm) in Darwin.
Tamboran Resources Limited (ASX:TBN) advise that the Helmerich & Payne, Inc. (H&P), (NYSE:HP), super-spec FlexRig(R) Flex 3 Rig has been successfully mobilised to the Shenandoah South 1H (SS1H) well pad location in EP 117.
The Hon Chris Bowen, Minister for Climate Change and Energy, gazeted/designated an area of the Pacific Ocean area off the Hunter Region of NSW as suitable for offshore wind energy development and that it would be open for industry to develop wind farms.
"The Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) team has had another successful Quarter, highlighted by a substantial increase in independently assessed EP187 contingent resources following the successful 2022 field programs.
