Australia-based Strike Energy Ltd. said Nov. 25 that APA Group will build a natural pipeline to connect Strike’s assets in the Perth Basin to the energy-constrained Goldfields region of Western Australia.
The 12-inch, 580-km pipe will expand Strike’s share of the region’s gas market to 80% from its existing 70%.
“APA’s pipeline announcement is a significant endorsement in the potential of the Perth Basin to be a long-term, competitive source of energy for the Goldfields,” said Stuart Nicholls, managing director of Strike Energy. “Gas is the fuel of choice to replace diesel-fired electricity in the Goldfields. It is reliable and affordable, has significantly lower emissions, and facilitates high penetration of complementary renewable energy.”
Here’s a quicklist of oil and gas assets on the market including PennEnergy Resources Utica Shale properties plus bids are due for the sale of Gulf of Mexico Shelf assets by Ankor E&P Holdings and KOA Energy.
Chevron Corp.announced today that it has entered into a definitive agreement with Anadarko Petroleum Corp. to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share.
A private seller has retained RedOaks Energy Advisors LLC as its exclusive adviser in connection with the sale of a Texas diversified mineral package in the Eagle Ford Shale, Permian Basin and Haynesville Shale plays.