ASX large cap stock that is milking the LNG rally

• January 10, 2021 04:16 AM AEDT
• Team Kalkine

Summary Santos has approved FID for the Phase 3C infill drilling amounting to US$235 million for the Bayu-Undan project. The infill drilling will add more than 20 million barrels of oil equivalent in reserves. In May 2020, Santos became the pr...

• January 07, 2021 12:29 PM AEDT
• Hina Chowdhary

Summary Australia energy sector exports more than three quarters of its energy output to the world markets. Due to global lockdown and diminished energy demands, this sector noted a more volatile market in the past months. The roll-out of vacc...

• January 07, 2021 12:22 PM AEDT
• Kunal Sawhney

LNG prices are on an up surge with spot prices across Asia surpassing the two-year high recently. The increase in LNG prices is well supported by the ongoing green drive on the global front. Apart from that, the global stance of ending fossil fuel e...

• January 04, 2021 04:09 PM AEDT
• Kunal Sawhney

Summary Strike Energy (ASX:STX) has hit an expected over-pressured gas column at the WE3 well. The well is part of an appraisal campaign at the West Erregulla field to test the accumulated commercial gas. The operations would be temporarily su...

• December 31, 2020 02:30 PM AEDT
• Hina Chowdhary

Summary Kina Petroleum gets shareholders’ approval to delist from the ASX and PNGX. The company also intends a buyback of $1.28 million to give the shareholders a fair chance to exit. The company attributes the delisting to the lack of l...

• December 30, 2020 05:24 PM AEDT
• Team Kalkine

Cooper Energy Limited (ASX:COE) has confirmed that the remaining Sole Gas Agreements would start from 1 January, taking the total gas sales agreements with utility and industrial customers to 19.75 petajoules per annum in 2021 with an average of 50 t...

• December 30, 2020 03:22 PM AEDT
• Hina Chowdhary

The recent drilling results at Ironbark-1 exploration well has left the operator BP and associated partners Cue Energy, Beach Energy Limited (ASX:BPT), and New Zealand Oil & Gas (NZX:NZO) disappointed with the well showing no promising hydrocarbo...

• December 24, 2020 03:27 PM AEDT
• Hina Chowdhary

Summary Calima Energy Limited (ASX:CE1) is grabbing eyeballs for its splendid performance in 2020 despite COVID-19 repercussions. Over the year, Calima Energy acquired a new asset and continued to advance its existing asset in Montney Formation...

• December 23, 2020 01:07 PM AEDT
• Kunal Sawhney

Woodside Petroleum Limited (ASX:WPL) has acquired interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) JV. Woodside Energy (Senegal) B.V. has closed the deal, with the acquisition of the complete participating intere...

• December 22, 2020 02:05 PM AEDT
• Team Kalkine

Summary Origin Energy (ASX:ORG) has farm in for interests in seven permits in the Canning Basin. The deal has been entered with Buru Energy, a long-established operator in the basin. The transaction includes five permits owned by Buru and two ...