![New Zealand: AWE Succesfully Restarts Pateke Well Production]()
AWE Limited is pleased to report that the Pateke-3H well has successfully recommenced production over the weekend, after initial efforts to restart the well were delayed due to technical issues following the workover of the well. The Pateke-3H well is currently flowing at over 4,000 bopd with some “flush” production being achieved from the well [...]
![New Zealand: AWE Announces Successful Pateke Well Workover]()
AWE Limited, on behalf of the Tui joint venture parties, announced the resumption of oil production from the Pateke-3H well, located in the offshore Taranaki Basin. The Pateke-3H well suffered from problems with the artificial lift system, and the well has been shut-in since late June, 2010. A workover of the well has been successfully [...]
![Australia: AWE Declares Year 2010 a Dissappointing One for the Company]()
A strong underlying performance by the company’s core production operations have been offset by exploration write-offs and one-off abnormal items. As a result, in the year to June 30, 2010, AWE reported a statutory net loss after tax of $28.9 million. The exploration write-offs ($113.1 million) are largely related to unsuccessful drilling activity in New [...]
![New Zealand: Awe Provides Update on Tuatara-1 Drilling]()
AWE Limited advises that at 0600 hours today the Tuatara-1 well was drilling ahead at a measured depth of 1,796 metres. The significance of the previously reported gas shows will be fully assessed by wireline logs after drilling to total depth. Progress since the last report was 814 metres. Tuatara-1 is located in PEP 38524, [...]
![New Zealand: AWE Encounters Gas Traces at Tuatara-1]()
AWE Limited advises that at 0600 hours today the Tuatara-1 well was drilling ahead at a measured depth of 982 metres. Intermittent gas shows have been encountered in the well over the drilled interval between 780 and 900 metres. The significance of these shows will be fully assessed by wireline logs after drilling to total [...]
![Australia: AWE Managing Director retires]()
AWE Limited announces that its Managing Director, Bruce Wood, has advised he has decided to retire on or about his 60th birthday and consequently has given twelve months notice under his employment contract. The Board has launched a global executive search for his replacement. The board and Bruce have decided that he will continue in [...]
![New Zealand: AWE’s Tuatara-1 Starts Drilling]()
AWE Limited advises that the Tuatara-1 exploration well started drilling at 1000 hours (NZ time) on Wednesday July 28, 2010. At 0600 hours today the well was at a measured depth of 160 metres after running and cementing 30” conductor. Tuatara-1 is located in PEP 38524, in the western Tasman Bay in the southern [...]
![New Zealand: AWE to Start Tuatara-1 Oil Well Drilling]()
Drilling of the exploratory Tuatara-1 oil well near D’Urville Island was to start today, a spokesman for the Australian exploration company… Source: TheMarlboroughExpress, July 27, 2010:
![New Zealand: AWE Plugs and Abandons Kahu-1 Duster]()
AWE Limited advises that at 0600 hours today (NZ time) the Kahu-1 exploration well was starting plug and abandonment operations. Wireline logs were acquired after reaching a total measured depth of 3,835 metres. No significant hydrocarbons were detected within the target sandstone reservoirs. The Kahu-1 well was an exploration well within PMP 38158, located approximately [...]
![New Zealand: AWE’s Kahu-1 Well Drills at 1.350 meters]()
AWE Limited advises that at 0600 hours today (NZ time) the Kahu-1 well was drilling ahead at a measured depth of 1,350 metres. The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometres east of the producing Tui oil field. Kahu-1 will test the Kapuni group sands within a large incised [...]
