Page 13 - AsianOil Week 22 2021

AsianOil NEWS IN BRIEF AsianOil

Group Executive Infrastructure The completion of the Pasca A Gas Formation coal measures on the eastern
Development Kevin Lester said APA was Agreement this month would allow flank of the south-plunging Consuelo
thrilled to be delivering another project for the Project to move into the Front-End Anticline. The coals in this location
the Goldfields region. Engineering and Design phase, with a final are expected to commence up to 100m
“As a leading Australian energy investment decision in late 2022 and first shallower than at Rougemont-2 and will
infrastructure business, we are pleased to be production in 2025. provide valuable information about the
playing a vital role in addressing our nation’s A continued delay in concluding the Gas coal seam gas potential at a range of depths
energy needs and challenges, while generating Agreement will impact the planned Project within the Project area. The Bandanna
jobs and vital economic activity for Western schedule, defer investment and see production Formation has been highly productive at
Australia,” Mr Lester said. move out to 2026. this range of depths in the analogue fields of
“The Northern Goldfields Interconnect TWINZA, June 2, 2021 Arcadia Valley (Santos/GLNG) and Mahalo
project will support hundreds of workers (Comet Ridge/Santos/APLNG) at similar
during the pipeline construction, while the Spud of Rougemont-2 Well distances to the south-east and north-east of
investment will further stimulate economic ATP 2062 respectively.
development in the eastern Goldfields State Gas Limited is pleased to announce the State Gas will determine the thickness and
region, supporting new projects that have the spud of Rougemont-2, the second well in its gas content of the coal in the well through
potential to employ more workers. new Rolleston-West Gas Project (ATP-2062) sampling the coals (coring) and wireline logs.
Construction is expected to start where the in Central Queensland. Permeability testing will also be undertaken.
Northern Goldfields Interconnect Pipeline Following the successful drilling of These initial tests should confirm important
will intersect with Goldfields Gas Pipeline in Rougemont-11, State Gas has commenced information about the potential of this
the east and continue construction towards drilling Rougemont-2, located some 3.7 km area of ATP 2062 and inform preparations
Geraldton to the west. to the northeast of Rougemont-1. The well for production testing in the future. Once
The pipeline is targeted to be operational spudded at 8.40am on 29 May 2014. As at 6am these initial tests are completed the well will
around mid CY2022. this morning drilling had reached 75m. be suspended until production testing is
APA, June 3, 2021 Rougemont-2 is targeting the highly commenced.
prospective gas-bearing Bandanna STATE GAS, May 31, 2021
Twinza Awaiting Response
from Petroleum Minister

Twinza notes the comments regarding
the Pasca A Gas Agreement made by the
Petroleum Minister, the Hon. Kerenga Kua, in
a media release of 25th May 2021.
Twinza is currently awaiting a response
from the Petroleum Minister as to whether
the terms offered to the State, and outlined
most recently in the Twinza media release
of 19th April 2021 are acceptable or, if not,
on which terms the Minister is prepared to
support the signing of the Gas Agreement.
An execution version of the agreement,
incorporating these terms and using the
State’s own template, is with the Minister for
his consideration.
Twinza will provide a media update once
we have received correspondence from the
Petroleum Minister which either confirms
that the agreement is accepted for execution,
or provides clarity on the terms by which the
State would sign the Gas Agreement.
Twinza Chairman and CEO, Ian Munro,
commented: “The Company remains
committed to delivering Pasca A, PNG’s
first offshore oil and gas project. However, it
appears the 12-month long process may be
stalled yet again because the State has not
communicated to Twinza the agreement
terms which would be acceptable. It is time
to bring this matter to a conclusion such that
the Project can move forward and Twinza is
on standby to execute the agreement on the
Petroleum Minister’s desk”.

Week 22 03•June•2021 www. NEWSBASE .com P13