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31 May 2010:
RISC assists Adelphi Energy Limited
RISC has provided a Technical Expert’s Report for Adelphi Energy Limited’s Target Statement in relation to the on-market bid by ARC Energy Limited (AEL). For the full Target Statement click here.
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31 March 2010:
RISC assists Egdon
RISC prepared an independent valuation of certain UK/France upstream assets for Egdon Resources
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25 March 2010:
RISC assists CNOOC
RISC has provided technical and commercial due diligence and reserves report to CNOOC Gas and Power on the acquisition of interests in the QCLNG Project. The RISC report has assisted CNOOC in seeking and attaining government project approval and has led to a LNG sales Contract with BG Group for LNG manufactured at QCLNG over a 20 year period, valued at A$50 billion (ABC News) and an equity interest in the project of US$270m (JS Herold).
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1 March 2010:
RISC assists ROC
RISC has completed an Independent year end reserves report for selected petroleum assets of Roc Oil Co Ltd
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24 February 2010:
RISC engaged on behalf of International Petroleum Ltd
RISC contributed to a prospectus lodged by International Petroleum Ltd for the purpose of raising funds and re-listing. RISC acted as Independent Expert on cost estimates for exploration activities in Kazakhstan.
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23 October 2009:
RISC assists OMV
OMV Australia announced the sale of its interests in the Timor Sea to PTTEP Australia Browse Pty Ltd. The interests include a non-operated 18.75% interest in the producing Jabiru and Challis oil fields and operated majority interests in three exploration permits and four small undeveloped oil discoveries. RISC advised OMV Australia in this divestment.
>Download Press Release<
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30 September 2009:
RISC assists Carbon Storage Taskforce
The Carbon Task Force has developed a National Carbon Mapping and Infrastructure Plan – Australia which they delivered to the Minister for Resources and Energy (Martin Ferguson) in September 2009. This concise report is downloadable from the Department of Resources, Energy and Tourism’s website.
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15 September 2009:
RISC assists Horizon Oil
Horizon Oil is pleased to advise shareholders that it has completed a transaction with a subsidiary of Talisman Energy Inc. (Talisman) regarding the Company’s interests of 100% of Petroleum Retention Licence (PRL) 4 and 49.65% of PRL 5 in Western Province, Papua New Guinea for a consideration of US$60 million. The net effect of the transaction, which includes the transfer of a working interest and the shares in a wholly-owned subsidiary of Horizon Oil to Talisman, is that Horizon Oil and Talisman will each hold 50% interests in PRLs 4 and 5.
>Download Press Release<
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15 September 2009:
RISC assists Sino Gas & Energy
RISC completes an “Independent Technical Specialist's Report” for Sino Gas and Energy’s gas resources onshore China which supports its listing on the Australian Securities Exchange (ASX) raising $7.9 million.
>Download Press Release<
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17 August 2009:
RISC assists Stuart Petroleum Ltd
A major reservoir modelling study recently completed by Stuart Petroleum Limited (Stuart) and its technical advisers has delivered a 68% increase in the mean estimated volume of hydrocarbon liquids recoverable from its 50% owned Oliver oil, gas and condensate discovery. Today’s mean estimate of 32.6 million barrels recoverable supersedes the estimate of 19.3 million barrels which Stuart released to ASX in August 2008. The estimates range from 12 to 60 million barrels (statistical probability ranging from P90 to P10 respectively).
>Download Press Release<
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4 August 2009:
RISC assists Venture Production plc
RISC produces an independent valuation of Venture in response to the take over from Centrica.
>Download Press Release<
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30 June 2009:
RISC assists KOGAS acquire 10% equity in Blue Energy
Blue Energy Limited is pleased to announce that the Share Placement Agreement with Korea Gas Corporation has been approved by the Boards of both KOGAS and Blue Energy and duly executed.
>Download Press Release<
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30 April 2009:
RISC assists Target Energy Limited
RISC produces an independent technical specialist report on East Chalkley Oilfield and Beyt prospect in Louisiana.
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29 April 2009:
RISC assists Innamincka Petroleum Ltd
RISC assesses Flax/Juniper accumulation for Innamincka Petroleum.
>Download Press Release<
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1 April 2009:
RISC assists Mitra Energy Limited
RISC completes a “Competent Person’s Report” for Mitra Energy Limited which highlights assets with over 2 billion barrels of potential net oil equivalent recoverable hydrocarbons.
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23 March 2009:
RISC assists Premier Oil plc
RISC completes a “Competent Person’s Report” for Premier Oil plc. For further information about this assignment, refer to Premier Oil’s website at www.premier-oil.com.
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