OPERATIONS

Kalrez gets shipments away

Perth-based oil and gas player Kalrez Energy told the stock exchange yesterday that May shipments from its Bula Field in Indonesia totalled 40,505 barrels of oil. At an oil price of $US23.15 per barrel, this resulted in gross revenue totalling $US937,690.75.

Kalrez said the net revenue figure - after deducting freight and first tranche petroleum costs - should be received by the end of this month or in the first week of July,

With its small stake in the Seram Joint Venture, Kalrez is also participating in the drilling of Lola Kecil-1, which is now at 1356m and only 8m from the top of the target formation.

TOPICS:

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.