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AUSTRALIAN WORLDWIDE EXPLORATION LIMITED - ASX: AWE
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
AWE Limited is an Australian based oil and gas exploration and production company. AWE was recently admitted to the prestigious ASX 100 Index. AWE currently has oil and gas interests in Australia, New Zealand, Indonesia, Yemen and Argentina, and is actively reviewing additional growth opportunities.
BassGas Project, Australia
The BassGas project consists of an offshore, unmanned wellhead platform connected by pipeline to the gas processing facility at Lang Lang. Gas is currently produced from two wells, Yolla-3 and Yolla-4. The offshore facilities have been designed to incorporate additional production wells from the Yolla field and also to tie-in other gas discoveries in the region. A 2-well drilling programme (Trefoil-2 and Rockhopper-1) started in late 2009. Ultimate Recoverable Reserves (2P): 333 Petajoules of gas. 28 million barrels of liquids, in the form of LPG and condensate
Casino Gas Project, Australia
The Casino gas field project incorporates two development wells (Casino-4 and Casino-5), connected to an undersea gas pipeline. The pipeline was drilled underneath the shoreline west of Port Campbell to protect the sensitive coastal area. Raw gas from the Casino field is treated at TRUenergy's Iona gas plant near Port Campbell. The use of an existing gas facility minimised capital expenditure for the development and reduced environmental disturbance in the Port Campbell area. Ultimate Recoverable Reserves (2P): 285 Petajoules of gas, with minor condensate
Henry Gas Development, Australia
The Henry gas project is being development in conjunction with the existing Casino gas infrastructure. The discovery at Netherby-1 will also be included into the expanded Henry Project Development. The laying of the offshore pipeline started in late 2009, with first gas production scheduled for mid 2010. Ultimate Recoverable Reserves (2P): 205 Petajoules of gas, with minor condensate (Henry) with a further 140 Petajoules at Netherby.
Cliff Head Oil Project, Australia
The Cliff Head project comprises an offshore wellhead platform linked to an onshore processing plant by twin 14 kilometre pipelines (one being for production fluid and the other a return line for water injection). Stabilised oil is trucked to the oil refinery in Kwinana via road tankers. Ultimate Recoverable Reserves (2P): 17 million barrels of oil.
Onshore Perth Basin, Australia
The onshore Perth Basin oil and gas fields are located near the town of Dongara approximately 360 kilometres north of Perth. Oil and condensate production is trucked from the field facilities to the Kwinana oil refinery, located south of Perth. Gas production is gathered at four gas processing facilities and injected into the Parmelia Pipeline for transport to various customers. Remaining Recoverable Reserves (2P): As at June 30, 2009, the estimated net remaining reserves were as follows: Oil and condensate: 1.1 million barrels; Gas: 7.3 billion cubic feet
Tui Area Oil Project, New Zealand
Tui oil is produced from four wells, linked to a leased Floating Production Storage and Offloading (FPSO) vessel. The Tui joint venture leases the FPSO, at an initial cost of approximately US$178 million for the first phase of the project. The FPSO has a storage capacity of 700,000 barrels of stabilized crude oil. Ultimate Recoverable Reserves (2P): 50.5 million barrels of oil.
Indonesian Exploration Project
Drilling success at Lengo-1 in early 2008 has led to two separate 3D seismic programmes being acquired in mid 2008. Following the seismic, a second drilling phase is under consideration in the PSC.
Argentina Gas Project
The project is now providing only minor gas and liquids production to the joint venture.
Mine For
oil, gas
Location of operation(s)
Australia, New Zealand, Indonesia, Yemen, Indonesia
Address
Level 16, 40 Mount Street
NORTH SYDNEY, NSW, AUSTRALIA
Phone
+61-2-8912 8000
Website
Last Updated
22/06/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.