AUSTRALIA

MEO's coffers receive $39.5M boost

BRAZILIAN giant Petrobras has paid the $US39 million ($A39.5 million) cash consideration for its 50% farm-in to WA-360-P, in Western Australia's Carnarvon Basin.

MEO's coffers receive $39.5M boost

The consideration includes $US7.5 million of seismic-related back costs together with the first $US31.5 million cash bonus. MEO will now settle its transaction with Moby Oil and Gas for the purchase...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.