You need the Flash Player version 8.0.0.0 or higher and a JavaScript enabled browser to view this content

Proactiveinvestors Australia

GLOBAL NAVIGATION

- - KEYWORD
  - EPIC
  - COMPANY NAME
  - SECTOR

Queensland Gas Company

www.qgc.com.au/

QGC’s world-class reserves in the Surat Basin are projected to supply around 20 per cent of the Queensland domestic gas market in 2009. QGC has dedicated a significant proportion of the fast-growing reserves to meet Australia’s energy needs.

QGC’s Queensland Curtis LNG Project with BG Group will be built to a potential capacity of up to 12 million tonnes a year of liquefied natural gas (LNG) from Curtis Island, near the city of Gladstone. The first production train will export 3 to 4 million tonnes a year. As part of the transaction QGC has received $664 million from BG Group.

News

24/10/08
Queensland Gas trading halt – bid rumour BG Group Plc

All News ►

Recent Sector News

IPB Petroleum extends Browse Basin acreage

The award of WA-485-P locks in a potential extension of the M.australis horizon oil play that IPB Petroleum plans to test in mid-July. Success will add to the prospectivity and value of the new permit.
Range Resources targets Trinidad oil production growth

With the completion of well in one of the thickest Lower Forest pay sections encountered to date, drilling of new wells and workovers of existing wells, Range Resources is making strides in ramping up oil production from its Trinidad operations.
Empire Oil and Gas highlights Perth Basin unconventional oil and gas potential

An Independent Report by RPS Energy Services has defined the strong in-place potential for multiple billion barrels of oil and trillion cubic feet of gas to be contained within the various unconventional reservoirs in Empire Oil and Gas’ onshore Perth Basin Permits.
Elk Petroleum starts water injection at Grieve oil field

The start of water injection at Elk Petroleum’s Grieve Enhanced Oil Recovery Project in Wyoming has the potential to achieve first oil earlier than expected by accelerating the re-pressurising of the Grieve Muddy oil reservoir.
Golden Gate Petroleum's first horizontal Permian well in Texas produces oil

The early oil shows at SRH-5H--the first horizontal well at Golden Gate Petroleum's Permian project in Texas--reaffirms the oil prospectivity of the Wolfcamp Interval and could be the harbinger of oil potential at other wells in the project area. The use of Halliburton's Perm Stim frac fluid could aid in greater oil recovery.
Po Valley Energy completes Euro 20M refinancing with Nedbank

With the Euro 20M refinancing in place, Po Valley Energy is perfectly poised for growth with granting of two final production concession likely soon and also the development of its first offshore permit in Italy.