Energy

Feb 9, 2012

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Asian Activities Report for February 9, 2012: Pacific Basin Shipping Limited (HKG:2343) Forms Alliance with Crowley Maritime Corporation

2012/02/09  12:34 - Asian Activities Report for February 9, 2012 includes: Pacific Basin Shipping Limited (HKG:2343) has formed business alliance with US-based Crowley Maritime Corporation; Renesas Electronics Corporation (TYO:6723) has opened a wholly owned subsidiary in Sao Paolo, Brazil; Akebono Brake Industry Co., Ltd. (TYO:7238) has announced the establishment of a new manufacturing facility in Mexico; Nikon Corporation (TYO:7731) announces the release of the Nikon D800 FX-format digital SLR camera, which offers a noteworthy effective pixel count of 36.3-million pixels.

Buccaneer Energy Limited (ASX:BCC) Key Offshore Permits Granted

2012/02/09  10:19 - Buccaneer Energy Limited (ASX:BCC) is pleased to advise that two key permits have been granted for oil and gas exploration operations at the Southern Cross and Northwest Cook Inlet Units located offshore in the Cook Inlet, Alaska.

WestSide Corporation Limited (ASX:WCL) Shareholder Newsletter - December Quarter Activities Report

2012/02/08  09:28 - WestSide Corporation Limited (ASX:WCL) is pleased to provide a quarterly activities report for the period ended 31 December 2011.

Central Petroleum Limited (ASX:CTP) AU$9.9 Million Capital Raising

2012/02/06  09:47 - Central Petroleum Ltd (ASX:CTP) ("Central" or "Company") advises that it has completed the issue of the Share Purchase Plan ("SPP") shares to existing shareholders in addition to completing a top-up placement ("Placement") of 50 million new Central shares at 5.5 cents per share to institutional, sophisticated and professional investors. In total the SPP and Placement raised $9.9 million before costs.

ADX Energy Limited (ASX:ADX) Equity Buy Back in Romania

2012/02/03  12:23 - ADX Energy Limited (ASX:ADX) is pleased to announce that it has completed a buy back of the interests of Caspian Oil & Gas Limited (ASX:CIG) and Sibinga Petroleum Limited each having held a 20% interest in the Joint Venture in Romania. The consideration for acquiring each company's interest is the reimbursement by ADX to each company for past joint venture contributions.

AusTex Oil Limited (ASX:AOK) Operations to Commence on 3rd Mississippi Lime Well

2012/02/03  10:42 - AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) - Following on from the recent success on the ETU #15-4 and ETU #14-5 wells which are both producing oil and gas from the Mississippi Lime formation, preparations to deepen the ETU #17-6 well have been completed. The #17-6 well is currently at a total depth of 4,205 feet and will be deepened to an expected TD of 4,650.

Buccaneer Energy Limited (ASX:BCC) Acquires Interest In Cosmopolitan Project, Alaska

2012/02/02  11:13 - Buccaneer Energy Limited (ASX:BCC) (PINK:BCGYF) is pleased to advise that it has executed a Purchase and Sale Agreement for the acquisition of the two main productive leases in the former Cosmopolitan Unit ("Cosmo") from Pioneer Natural Resources Alaska, Inc. (NYSE:PXD) ("Pioneer"). Cosmo is an undeveloped oil and gas field located in 50 feet of water in the Cook Inlet of Alaska and is in close proximity to the shoreline at Anchor Point on the Kenai Peninsula.

Beach Energy Limited (ASX:BPT) Monthly Drilling Report - January 2012

2012/02/01  15:25 - Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce a Monthly Drilling Report - for January 2012.

AusTex Oil Limited (ASX:AOK) Quarterly Activities and Cashflow Report

2012/02/01  11:32 - AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to provide a quarterly activities and cashflow report for the period ended 31 December 2011.

ADX Energy Limited (ASX:ADX) Quarterly Activities Report - December 2011

2012/02/01  11:15 - ADX Energy (ASX:ADX) is pleased to provide a quarterly activities report for the period ended 31 December 2011.

Buccaneer Energy Limited (ASX:BCC) Quarterly Activities and Cashflow Report

2012/02/01  10:10 - Buccaneer Energy Limited (ASX:BCC) is pleased to provide a quarterly activities and cashflow report for the period ended 31 December 2011.

Australian Power And Gas Company Limited (ASX:APK) December Quarter 4C Report

2012/01/31  15:46 - Independent energy retailer Australian Power & Gas (ASX:APK) today released its Appendix 4C report for the three and six months to 31 December 2011.

Linc Energy Limited (ASX:LNC) Quarterly Activities Report

2012/01/31  15:08 - Linc Energy Ltd (ASX:LNC) (OTCQX:LNCGY) is pleased to release the attached Quarterly Report for the period ending 31 December 2011. In addition to the activity summary for the period, this Quarterly Report also outlines the priorities for the Company's three divisions for 2012 and activities during January 2012.

Texon Petroleum Limited (ASX:TXN) December 2011 Quarterly Report

2012/01/31  14:35 - Texon Petroleum Limited (ASX:TXN) is pleased to provide a quarterly report for the period ended 31 December 2011.

WestSide Corporation Limited (ASX:WCL) Quarterly Activities Report

2012/01/31  14:30 - WestSide Corporation Limited (ASX:WCL) is pleased to provide a quarterly activities report for the period ended 31 December 2011.

Beach Energy Limited (ASX:BPT) Quarterly Activities Report to 31 December 2011

2012/01/31  13:38 - Beach Energy Limited (ASX:BPT) is please to provide a Quarterly Report for the period ended 31 December 2011.

Central Petroleum Limited (ASX:CTP) 12.01.31 BRR Interview Surprise-1 REH Initial RE Report

2012/01/31  09:44 - Central Petroleum Limited (ASX:CTP) (ASX: CTP) has released a webcast with the following details: Central Petroleum reservoir engineering report commentary.
Speaker: John Heugh, Managing Director

Linc Energy Limited (ASX:LNC) LNC Secures A$120 Million Line of Credit

2012/01/31  09:10 - Linc Energy Limited (ASX:LNC) LNC Secures A$120 Million Line of Credit

AusTex Oil Limited (ASX:AOK) Northern Oklahoma - 2nd Miss Lime Well Exceeds Expectations

2012/01/30  11:30 - AusTex Oil Limited (ASX:AOK) is pleased to provide a report on Northern Oklahoma - 2nd Miss Lime well exceeds expectations. The well has now been tested for a period of 30 days with an Electric Submersible Pump. During this period the well was shut in at various times for final adjustments.

Central Petroleum Limited (ASX:CTP) Initial Surprise-1 REH Reservoir Engineering Report Positive

2012/01/30  11:20 - Central Petroleum Limited (ASX:CTP) is pleased to advise that independent consultants RPS Energy Pty Ltd ("RPS") concluded that the pressure transient data gathered during the production test of Surprise-1REH indicates that the well may access STOIIP ("Stock Tank Oil Initially In Place") in the range of 0.5 to 2 million barrels in an area proximal to the well. No apparent boundaries were identified during the analysis of the pressure transient data. However, Central acknowledges that no further conclusions regarding the possible range of STOIIP volumes in the entire Surprise structure of c.8 km2 can be made until all available seismic, geological and geophysical data has been integrated and analysed.

Central Petroleum Limited (ASX:CTP) Rodinia Breakup Implications for Petroleum Systems in Amadeus and Georgina Basins

2012/01/25  09:46 - Central Petroleum Limited (ASX:CTP) ("Central" or the "Company") is pleased to advise the release of a Technical Note by Greg Ambrose, Manager Geology, "The breakup of the Rodinia Supercontinent and its impact on petroleum systems in the Amadeus and Georgina Basins."

Central Petroleum Limited (ASX:CTP) Webcast - Oil Discovery at Surprise-1 REH

2012/01/24  12:19 - Central Petroleum Limited (ASX:CTP) announce a webcast regarding 'Oil discovery at Surprise-1". To access the Central Petroleum webcast click the following link http://abnnewswire.net/lnk/0D456JNW

Richard Cottee Joins Austin Exploration (ASX:AKK) Board As Non Executive Chairman

2012/01/24  09:55 - Austin Exploration Limited (ASX:AKK) (OTCQX:AUNXY) today announce that internationally respected petroleum industry executive, Mr Richard Cottee, will join the Company's Board of Directors as Non-Executive Chairman, effective 24 February 2012.

Central Petroleum Limited (ASX:CTP) Company Insight Interview - Significant Oil Flows at Surprise-1 REH

2012/01/23  09:38 - Central Petroleum (ASX:CTP) : market capitalisation of ~A$60 million recently announced the successful flow testing at 380 barrels of oil per day via a 32/64" choke for its Surprise-1 Re-entry H well in the Amadeus Basin the Northern Territory. What were the background circumstances that led Central Petroleum to drill the well and conduct the flow testing?

Beach Energy Limited (ASX:BPT): Delhi Petroleum Renegotiates Royalty Agreement with Esso Australia Resources

2012/01/19  12:42 - Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that its wholly owned subsidiary, Delhi Petroleum Pty Ltd ("Delhi"), has renegotiated a royalty agreement that applies to Delhi's Cooper and Eromanga Basin assets, with Esso Australia Resources Pty Ltd ("EARL"), a wholly owned subsidiary of Exxon Mobil Corporation.

Asian Activities Report for January 19, 2012: King Jim (TYO:7962) New Product "iScamil" Scans Documents Directly onto iPads

2012/01/19  12:00 - Asian Activities Report for January 19, 2012 includes: King Jim Co., Ltd. (TYO:7962) says that its latest scanner product "iScamil" can easily convert iPad/iPad 2 into a portable scanner and digitises documents directly onto iPads; Anton Oilfield Services Group (HKG:3337) today announces its strategic objectives for 2012; SouthGobi Resources Limited (TSE:SGQ) (HKG:1878) says that the Company has successfully completed its 2011 guidance for coal sales and production; Rhythm Watch Co., Ltd. (TYO:7769) has released a new alarm clock product with many features for emergencies and disaster prevention.

Buccaneer Energy Limited (ASX:BCC) Commences Gas Production at Kenai Loop

2012/01/16  10:23 - Buccaneer Energy Limited (ASX:BCC) is pleased to advise that production from its Kenai Loop # 1 well commenced on 14 January 2012 (US time).

AusTex Oil Limited (ASX:AOK) Reports Oil and Gas Production for December Quarter

2012/01/16  10:11 - AusTex Oil Limited (ASX:AOK) is pleased to report the oil and gas production for the 3 months ended 31 December 2011.

Central Petroleum Limited (ASX:CTP) 12.01.13 Surprise 1 Re-Entry H Update

2012/01/13  13:38 - Central Petroleum Limited (ASX:CTP) advises that further initial flow testing of the Surprise-1 Re-entry H (S1REH) well has finished after recording a sustained flow rate via a 32/64" choke of 380 bbls/day with a low 4.4% drilling fluid and/or water cut as previously announced.

Central Petroleum Limited (ASX:CTP) Surprise-1 Re-Entry H Oil Flow Increase

2012/01/12  09:27 - Central Petroleum Limited (ASX:CTP) advises that further flow testing today of the Surprise-1 Re-entry H (S1REH) well has resulted in a c.20% increase in sustained flow rate via a 32/64" choke to 380 bbls/day with a low 4.4% drilling fluid and/or water cut-reduced from a previous average of 8%.

Asian Activities Report for January 11, 2012: Weichai Power (HKG:2338) Acquires 75% Controlling Interest in Italian Luxury Yacht Maker Ferretti Group

2012/01/11  13:00 - Asian Activities Report for January 11, 2012 includes: Weichai Power (HKG:2338) (SHE:000338) has agreed to invest 374 million euros to acquire a controlling 75% interest in the world's largest luxury yacht manufacturer, Ferretti Group of Italy; Prada S.p.A. (HKG:1913) says that it will invest 40 million euros to sponsor the Luna Rossa yacht to participate in the XXXIV edition of the America's Cup sailing competition; Inpex Corporation (TYO:1605) has signed agreements to sell liquefied natural gas from its Ichthys LNG joint venture project; Panasonic Corporation (TYO:6752) (NYSE:PC) has successfully developed a 20-inch 4K2K IPS Alpha LCD panel; Nidec Corporation (TYO:6594) (NYSE:NJ) has established a new subsidiary named Nidec Management Shanghai Corporation in Shanghai, China.

Texon Petroleum Ltd (ASX:TXN) Wilcox Increased Oil Flow - Now 55 bopd

2012/01/11  10:33 - At the time of Texon Petroleum Ltd's (ASX:TXN) release yesterday, it was thought that production from its first Wilcox well (Hoskins No. 2 (Wilcox)) had stabilized. However, the well has improved and over the following 24 hours flowed at 55 bopd.

Central Petroleum Limited (ASX:CTP) Significant Oil Flows To Surface - Surprise-1 Re-Entry H

2012/01/11  09:43 - Central Petroleum Limited (ASX:CTP) ("Central" or the "Company") advises that initial flow testing of the Surprise-1 Re-entry H (S1REH) well has resulted in a maximum sustained flow rate via a 24/64" choke of 300 bbls/day with a low water cut. The oil flowed to date is a "light sweet crude" with an API Gravity averaging 40 Degrees. There is no evidence of Hydrogen Sulphide (H2S).

Texon Petroleum Ltd (ASX:TXN) Wilcox Oil Test Producing Oil at 37 bopd

2012/01/10  12:33 - Texon Petroleum Ltd's (ASX:TXN) first Wilcox well (Hoskins No. 2 (Wilcox)) is producing oil at the rate of 37 bopd (370 API). Texon has a 95% WI (71.25% NRI) in the well.

Asian Activities Report for January 10, 2012: Xinjiang Guanghui (SHA:600256) to Acquire Oil and Gas Assets in Kazakhstan

2012/01/10  12:00 - Asian Activities Report for January 10, 2012 includes: Xinjiang Guanghui Industry (SHA:600256) has agreed to acquire 51% interest in an oil and gas block in Kazakhstan for US$200 million; Asian Citrus Holdings Limited (LON:ACHL) (HKG:0073) announces that the total winter orange crop yield of the Company's two operational plantations was approximately 171,607 tonnes, a 19.4% increase from the total winter orange crop yield in 2010; Sony Corporation (NYSE:SNE) (TYO:6758) has unveiled its new XQD(TM) memory cards with up to 1 Gbps write and read speed; Suzuki Motor Corporation (TYO:7269) has showcased Ertiga, a three-row, seven-seater multi-purpose vehicle at the 11th Auto Expo 2012 in New Delhi.

Asian Activities Report for January 9, 2012: Little Sheep Group (HKG:0968) Shareholders Approved Yum! Brands (NYSE:YUM) Takeover Offer

2012/01/09  13:00 - Asian Activities Report for January 9, 2012 includes: Little Sheep Group Limited (HKG:0968) says that its shareholders have approved the proposed acquisition of Little Sheep Group by Yum! Brands, Inc. (NYSE:YUM); Sinopec Kantons Holdings Limited (HKG:0934) has signed agreements to acquire 50% interest in Fujairah Oil Terminal United Arab Emirates from Concord HK; Hitachi, Ltd (NYSE:HIT) (TYO:6510) says that it expects to close the transaction of transferring its hard disk drive business to Western Digital Corporation (NYSE:WDC) by March 2012; Japanese software developer Celartem Technology Inc. (JASDAQ:4330) has signed a contract to participate in a smart micro grid project at the Beijing New Energy Industry Base; Takeda Pharmaceutical Company Limited (TYO:4502) says that it will work with Osaka University to develop a platform for practical application and commercialization of nano-particle vaccines.

AusTex Oil Limited (ASX:AOK) Reports Production Testing Update on 2nd Mississippi Lime Well

2012/01/09  10:59 - AusTex Oil Limited (ASX:AOK) is pleased to announce the the following update on production testing on the ETU #14-5 well located on the East Tonkawa Unit in Kay County Oklahoma. The well has now been tested over a 14 day period with an electric submersible pump. During the test period the well produced an average of average of 85 boe/d with 70 bopd and 90 mcf of gas per day.

Beach Energy Limited (ASX:BPT) Commences Production from Middleton Gas Project

2012/01/09  10:32 - Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has produced first gas from the PEL106B Joint Venture's Middleton gas production facility. Gas is now flowing to the Moonanga Tie-In Point, at which point the Raw Gas is sold to the South Australian Cooper Basin Joint Venture (Santos (ASX:STO) 66.60%, Delhi Petroleum 20.21% and Origin Energy (ASX:ORG) 13.19%) under a Gas Sale Agreement for the sale of a minimum 3 Billion Cubic Feet of Raw Gas. Initial production rate after ramp up is expected to be 25 MMscf/d comprising about 15 TJ/d sales gas, and 1250 bbls per day of LPG and condensate.

ADX Energy Limited (ASX:ADX) Signed Rig Agreement for Test of Sidi Dhaher Discovery

2012/01/09  08:29 - ADX Energy Limited (ASX:ADX) is pleased to announce that a LOI (Letter of Intent) has been signed with DIETSWELL SA, for the provision of the Sedlar-160 drilling rig. Following bid clarification and final contract execution, the rig and equipment will be moved to the Sidi Dhaher-1 location and the well prepared for testing.

Texon Petroleum Ltd (ASX:TXN) Acquires Further Eagle Ford Leases

2012/01/06  11:21 - Texon Petroleum Ltd (ASX:TXN) advises that it has acquired a further 480 acres of Eagle Ford leases. This takes Texon's Working Interest Eagle Ford holdings to 7,200 acres out of a gross 7,700 acres.


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