Permits

As at 30 June 2017

PRODUCTION AND DEVELOPMENT  
Geographic Area Permit Project/Field Interest Operator
Australia  
Onshore Perth Basin L1/L2 Dongara, Yardarino 100% Yes
  L1/L2 Hovea, Eremia, Xyris 50% Yes
  L1/L2 Waitsia 50% Yes
  L1/L2 Senecio, Corybas 50% Yes
  L4/L5 Woodada 100% Yes
  L71 Mt Horner 100% Yes
  L11 Beharra Springs, Redback 33% No
  L14 Jingemia 44.14% No
Bass Basin T/L1 Yolla 35% No
Otway Basin VIC/L24 Casino 25% No
  VIC/L30 Henry, Netherby 25% No
Indonesia  
Natuna Sea Northwest Natuna PSC Ande Ande Lumut 50% No
Java Sea Bulu PSC1 Lengo 42.50% No
EXPLORATION AND APPRAISAL  
Geographic Area Permit Project/Field Interest Operator
Australia  
Onshore Perth Basin EP320 Synaphea, Irwin 33% No
  EP413 Arrowsmith 44.25% No
  EP455 Drover 81.50% Yes
Offshore Perth Basin WA-512-P   100% Yes
North Carnarvon Basin WA-497-P   100% Yes
  WA-511-P   100% Yes
Bass Basin T/RL2 Trefoil 40% No
  T/RL3 Rockhopper 40% No
  T/RL4 White Ibis 40% No
  T/RL5 Bass-3 40% No
Otway Basin VIC/RL11 Martha 25% No
  VIC/RL12 Blackwatch 25% No
  VIC/P44   25% No
New Zealand        
Onshore Taranaki Basin PEP55768   51% Yes
Indonesia        
Java Sea East Muriah PSC2   50% No
  Terumbu PSC2   100% Yes

Notes

  1. Asset sold, subject to completion.
  2. Awaiting government approval to relinquish

Summary of Notable Changes

  1. On 13 December 2016, AWE entered into an agreement to sell its 57.5% working interest in the Tui Area Oil Fields to Tamarind Management Sdn Bhd, for USD 1.5 million. The transaction was completed on 1 March 2017 with an effective date of 30 November 2016 (deleted from table).
  2. On 5 May 2016, AWE entered into an agreement to sell its 42.5% interest in the Bulu PSC, including the undeveloped Lengo gas project, to a subsidiary of HyOil Pte Ltd for up to A$27.5 million cash. The transaction is expected to complete in 2017 with an effective date of 1 April 2016.
  3. On 9 September 2016, AWE entered into an agreement to sell its 41.141% interest in the L14 Permit in the Perth Basin, which incorporates the Jingemia Oil Field, to Cyclone Energy and RCMA Australia. The transaction was completed on 17 July 2017 (deleted from table).
  4. On 30 June 2017, AWE entered into an agreement to sell its 100% interest in the L7 Permit in the Perth Basin, which incorporates the Mount Horner Oil Field, to Key Petroleum Ltd. The transaction is awaiting approval from the Department of Mines and Petroleum and is expected to be complete in FY18.
  5. The North Madura and Titan PSCs have been relinquished following official communication from MIGAS (deleted from table).
  6. The East Muriah and Terumbu PSCs are awaiting official communication from MIGAS to relinquish the blocks.

 

 

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