AWE and Origin Energy plan to spend $17.5 million on the first stage of their Waitsia onshore gas project in the Perth Basin after an offtake agreement was finalised with Alinta Energy.
SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.
With science increasingly giving hydraulic stimulation, or ‘fracking', the thumbs up, the practice could be used to unlock enormous amounts of tight gas in WA.
Sydney-based Perth Basin player AWE has announced it won't need to further use hydraulic fracturing at its Drover-1 well, after existing drilling results gave it a clear assessment of shale gas potential in the field.
Empire Oil & Gas has kicked off a $15.7 million capital raising to fund new drilling at its flagship Red Gully North project and evaluate other projects in the Perth Basin near Gingin.
Community interest in the controversial practice of fracking has prompted Western Australia's environmental watchdog to issue advice on how it will assess shale and tight gas proposals.
Junior producer AWE has claimed a new gas discovery in the Mid West could be the largest conventional onshore gas discovery in Western Australia in 50 years.
The entry of two European energy companies into WA will help to bolster activity in the onshore oil and gas sector, which is set for a pick-up after a series of disappointments.
Perth drilling company Enerdrill has been selected to provide drilling rig services to AWE and Titan Energy's Perth Basin exploration permit for an undisclosed amount.
Western Australia has an abundance of gas and explorers are looking for more, both offshore and onshore, but there are questions over how much growth the industry can sustain.