News Results for Kea Petroleum (KEA)

Kea Petroleum (KEA)(LON:KEA) the oil and gas explorer in New Zealand and Australia, will be presenting at the Shares Magazine Investor Evening in London on 23rd May 2012. The event offers an unique...

Thornaby Limited has increased its stake in Kea Petroleum to 13.61%. Thornaby is a wholly owned by the trustees of the I.R. Gowrie-Smith Family Settlement, of which Kea chairman I.R....

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Shares in Borders & Southern (LON:BOR) tumbled despite it confirming a significant gas condensate discovery in the South Falkland Basin. The 61/17-1 Darwin East well was drilled to a total depth...

Kea Petroleum has started drilling the Douglas-1 well on permit PEP 51153 within New Zealand's onshore Taranaki Basin. The Douglas prospect is mapped as a Tikorangi Limestone target at a depth...

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Shares in New Zealand-focused Kea Petroleum (LON:KEA) rose after an oil strike at its 100%-owned Puka 1 well. Kea said the well had reached its planned target depth of 1550m on time and within...

New Zealand-focused Kea Petroleum's 100%-owned Puka 1 well has reached its planned target depth of 1550m on time and within budget. A 40m interval near 1400m depth, contained several Mt Messenger...

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Kea Petroleum (LON:KEA) has announced that the Puka-1 exploration well in the PEP51153 licence area in onshore Taranaki spudded on 24 March 2012, and has already run and set surface casing to...

Shares in Sefton Resources rose around 25% after an optimistic report on its recent exploration work but fell back rapidly. The company is an independent oil and gas exploitation and oil...

Kea Petroleum's drilling programme in the Taranaki basin of New Zealand has been delayed due to extreme weather conditions. Worst affected is the programme to drill Mauku which requires...

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Shares in Tower Resources (LON:TRL) plunged by more than 23% after it plugged and abandoned the Mvule-1 exploration well in Uganda. The company said the well reached its total depth at 590 metres...

Kea Petroleum posts pre-tax losses of £1.4m for the six months to the end of November - up from £1.1m last time. Oerating losses rose to £1.4m from £1.2m and the total comprehensive loss...

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Kea Petroleum, the New Zealand-based oil and gas exploration company, has announced the selection of Drillforce's Rig 1 for a 2 + 1 (optional) well programme. The rig is expected to be mobilised...

Shares in Kea Petroleum (LON:KEA) rose after it announced that its 2012 drilling programme would start with the drilling of the Puka-1 well in onshore Taranaki, New Zealand. The well is expected...

Kea Petroleum's 2012 drilling programme will start with the drilling of the Puka-1 well in onshore Taranaki, New Zealand. The well is expected to spud within the next four weeks. Puka-1 will...

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Shares in Latin America-focused Gold Oil (LON:GOO) fell despite it cutting its interim operating losses to £110,000 in the six months to the end of October - down from £790,000 a year ago....

Shares in Aminex (LON:AEX) rose after it signed a new production sharing agreement with the Tanzanian minister of energy and minerals. The new agreement grants Aminex the right to explore for...

Kea Petroleum posts pre-tax losses of £4.1m for the year to the end of May - up from £1.2m last time. Operating losses rose to £4.4m from £1.4m and the total comprehensive loss increased to £3.6m...

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Kea Petroleum has sold its 50% shareholding in Petra Drilling and its associated rights to the Titan workover rig and the VR500 drill rig to Webster Drilling and Exploration - the other...

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Kea Petroleum, (LON:KEA), the New Zealand-based oil and gas exploration company, is pleased to announce the appointment of John Dennehy to the Board of the Company as Commercial Director, with...

New Zealand-focused oil explorer Kea Petroleum has brought Methanex on board to fund 50% of the costs of a well on its Mauku prospect. Methanex has informed Kea of its intention to fund 50% of the...

Nautical Petroleum (LON:NPE) saw its shares rise after it said that the Kraken 9/02b-5 pilot well, located in UKCS North Sea Block 9/2b, has successfully encountered oil in the Heimdal III...

Kea Petroleum has ceased testing of the Wingrove-2 well in the onshore Taranaki Basin, New Zealand. Kea says although the board is deeply disappointed that the company could not get Wingrove-2 to...

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Shares in the oil and gas sector were mostly in negative territory as markets were shaken by the debt crisis spreading to Italy and still no solution to the problems in Greece. Kea Petroleum had...

Shares in Kea Petroleum (LON:KEA) plunged after it announced that it expects to terminate the initial flow test programme on Wingrove-2 in the coming week. Several intervals of thin sands within...

Kea Petroleum expects to terminate the initial flow test programme on Wingrove-2 in the coming week. Several intervals of thin sands within the Upper Miocene Urenui Formation at depths of 1100 to...

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Frontera Resources (LON:FRR) saw its shares plunge by nearly 40% after it posts a net loss of $63.9m for the year to the end of December - up from $28.5m in 2009. The firm also announced that it...

Kea Petroleum has spudded the Hoadleys-1 exploration well in the ATP837P licence area in Australia's onshore Surat Basin. It is anticipated that the well will be drilled to a total depth of 2,200m...

Kea Petroleum says the Hoadleys-1 well in the recently-acquired ATP837P licence area of Australia's onshore Surat Basin is scheduled to spud by the end of June. It is anticipated that the well...

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Kea Petroelum's shares rose by more than 4% after it revealed it had signed a letter of intent with Atlas Drilling for the use of the 'Atlas Rig No.2' to drill the Hoadleys-1 well in Queensland's...

Kea Petroleum has signed a letter of intent with Atlas Drilling for the use of the 'Atlas Rig No.2' to drill the Hoadleys-1 well in Queensland's Surat Basin. Kea is earning a 50% interest in this...

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Kea Petroleum has now completed mobilising all the production equipment to the Wingrove site, in New Zealand's onshore Taranaki Basin. Production-tests will be carried out on several oil bearing...

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Kea Petroleum has agreed to acquire a major interest in two onshore Australian petroleum exploration areas. These are: PEL 155 in South Australia's Otway Basin and ATP 837P in Queensland's Surat...

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Kea Petroleum posts an operating loss of £1.23m in its inaugural interim results for the six months to the end of November. Chairman Ian Gowrie-Smith said: "It is exciting that Kea now stands at...

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Kea Petroleum and Methanex New Zealand have signed a legally binding heads of agreement to establish a broadly based alliance to facilitate exploration in the Taranaki Basin in New Zealand. Each...

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Kea Petroleum posts a pre-tax loss of £1.25m for the period to the end of May when it held £20.1m in cash and cash equivalents. There are no comparative figures. Chairman Ian Gowrie-Smith said...

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Kea Petroleum's wholly-owned subsidiary Kea Oil and Gas has been awarded a 100% interest in petroleum exploration permit 52200 in the Taranaki Basin offshore New Zealand. PEP 52200 is an offshore...

Oil and gas explorer Kea Petroleum has been awarded a 100% interest in Petroleum Exploration Permit PEP 52333 in the Taranaki Basin by the New Zealand energy minister. The new permit contains the...

New Zealand-based Kea Petroleum has noted that operator AWE will plug and abandon the offshore Tuatara-1 well. The well was drilled to a total measured depth of 1,911 metres, during which minor...

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New Zealand-based oil and gas explorer Kea Petroleum has noted AWE's update on the Tuatara-1 well. AWE said the well was drilling ahead at a measured depth of 1,796 metres and the significance of...

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New Zealand-based oil and gas exploration company Kea Petroleum says intermittent gas shows have been encountered at the Tuatara-1 well, which was drilling ahead at a measured depth of 982m. 'The...

The New Zealand energy minister has approved Kea Oil and Gas's acquisition of a 100% interest in petroleum exploration permit 381204 from Genesis Power. Kea will repay Genesis's past costs...

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Kea Petroleum says that drilling operations have commenced at its Tuatara-1 drill site in the southern area of the offshore Taranaki Basin of New Zealand. The Tuatara-1 well will be drilled in 50m...

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Kea Petroleum reports the issue of 2.05m new shares following the exercise of warrants. Dealings in the new shares will become effective from 26 July 2010. Story provided by StockMarketWire.com

New Zealand-based Kea Petroleum says that the Tuatara-1 well, in which has a 10% participating interest, is expected to spud before the end of July. Chairman Ian Gowrie-Smith states:"We are...

Kea Petroleum has decided to suspend its Beluga-1 well onshore Taranaki, New Zealand. Kea plans to re-enter the hole and drill a deviated hole in the direction of potentially more productive...

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Kea Petroleum's Beluga-1 well - drilled on its onshore Taranaki, New Zealand exploration permit PEP 51155 - is being cased across the Tariki Sands, in preparation for flow testing. Beluga-1 was...

Kea Petroleum has found gas at the Beluga-1 well in New Zealand's Taranaki Basin. Kea said the well, in exploration permit PEP51155, has reached a total depth of 4,100 metres and was now being...

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Kea Petroleum says the Beluga-1 well has now set and cemented casing to below 3200m, in preparation for drilling ahead through the main target zones of the well. Kea said that following...

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Kea Petroleum has acquired a 10% interest in PEP38524, an offshore area situated near New Zealand's South Island from AWE New Zealand. The Company will contribute towards the cost of the...

Kea Petroleum says the Ensign Rig 19 has spudded the Beluga-1 well and the target depth of 4,000 metres is anticipated to be reached before late June. Beluga-1 is being drilled from a site west...

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Kea Petroleum has found oil at its Wingrove-2 well in the onshore Taranaki Basin, New Zealand, which has reached its target depth of 1630 metres. It says preparations are now being made to run...

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Kea Petroleum is to start deepening the Wingrove-2 well later this week. It said the Ensign Rig 19 had been released to the group by Shell and it was planned to deepen the well to approximately...

Kea Petroleum's Wingrove-2 well has reached 262 metres of the planned 1500 metres to target depth. It is anticipated that the well will be cased to 320 metres by this weekend using a small rig....

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New Zealand-based oil and gas explorer Kea's funding and gas offtake agreement with Methanex New Zealand Ltd has been given government approval. Methanex will contribute up to US$10m to drill,...