Artisan Gas Field Acquisition and Development
Sector: Oil and Gas • Location: Victoria, Australia
Source: Petroleum Australia
Amplitude Energy Ltd. has agreed to acquire a 50% stake in the offshore Artisan gas field from Beach Energy for AU$58.3 million in upfront cash. The deal, alongside joint venture partner O.G. Energy, aims to fast-track production from the Otway Basin resource by 2028. Amplitude will assume operatorship of the VIC/L35 licence area upon completion and plans to tie Artisan into existing infrastructur
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Amplitude Energy Ltd. has agreed to acquire a 50% stake in the offshore Artisan gas field from Beach Energy for AU$58.3 million in upfront cash. The deal, alongside joint venture partner O.G. Energy, aims to fast-track production from the Otway Basin resource by 2028. Amplitude will assume operatorship of the VIC/L35 licence area upon completion and plans to tie Artisan into existing infrastructure to reduce development costs and accelerate delivery to southern domestic markets. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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