Santos increases interest in South Nicholson Basin

Santos is officially the 100 per cent owner of the South Nicholson Basin exploration project onshore the Northern Territory and Queensland after it completed a deal with Armour Energy.

Armour announced at the start of January it had executed the sale of its remaining 30 per cent interest in ATP 1087, the application permit areas in Queensland ATP 1192 and 1193, and the Northern Territory tenements EP (A) 172 and 177.

With the completion of the sale and purchase agreement, Armour has received $12.16 million and will re-acquire full ownership and operatorship of ATP (A)1107, which covers 906km2 of the South Nicholson Basin exploration project.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Northbridge Industrial Services Plc

More articles like this

Northbridge Industrial Services Plc

IOG adding further new gas flow into UK market

UK player IOG plc has kick-started production at another field, which is part of Phase 1 of its Saturn Banks Project in the UK sector of the North Sea, pumping it straight into the UK gas market.

Northbridge Industrial Services Plc

Northbridge Industrial Services to change name to Crestchic Plc

Northbridge Industrial Services plc (LON:NBI), the power reliability company, updates that with the disposal of the Tasman division now substantially complete, as announced on 1 March 2022, the activities of the Group are now focused on its growing Crestchic

Northbridge Industrial Services Plc

Northbridge Industrial Services buys back 120,000 shares

Further to its announcement of 3 March 2022, Northbridge Industrial Services plc (LON:NBI), the industrial services and rental company, announces that on 8 March 2022 it purchased a total of 120,000 ordinary shares of 10 pence each in

Northbridge Industrial Services Plc

Time lapse video of the new factory build

The factory, when complete, will add an extra 60% capacity for the manufacture of Crestchic’s load banks.  It is expected that the works will conclude in Spring 2022. Paul Brickman, Group Commercial Director at Crestchic, commented,

Northbridge Industrial Services Plc

Walyering exceeds expectations

Strike Energy has released its highlights for the last quarter, which included positive confirmation of a conventional gas accumulation at the Walyering-5 appraisal well. Managing director and chief executive Stuart Nicholls said Strike continued its run

Northbridge Industrial Services Plc

Strike officially spuds SE1

Strike Energy has commenced drilling operations of the South Erregulla 1 well and is drilling ahead in the first hole section at a current depth of 1,045 m. Strike will drill ahead to section depth planned

Northbridge Industrial Services Plc

Crestchic Wireman raises £13,175 for Air Ambulance charity

Tony Murfin, a Wireman at Crestchic’s Burton HQ workshop, has raised £13,175 for the Air Ambulance thanks to his involvement in decorating homes and streetlamps with over 13-thousand lights along Lansdowne Road, Branston, Burton-upon-Trent, in Staffordshire.