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Austral Pacific - Latest News [Page 1]
New Taranaki Well Boosts Oil Production
Wednesday, 3 September 2008, 2:01 pm | Austral Pacific
Austral Pacific’s new Taranaki well has come on stream, boosting production from the Cheal oil field by 200 barrels per day and increasing Austral’s revenue stream by almost $500,000 per month. More >>
Increased sales of oil and gas fro 2nd quarter
Friday, 15 August 2008, 5:26 pm | Austral Pacific
Austral Pacific has increased sales of oil and gas for the second quarter, earning $4,386,717. Production from Austral’s Cheal oil field hit 42,812 barrels, with 29,754 barrels Austral’s share. More >>
Austral De-listing From AMEX
Friday, 6 June 2008, 4:43 pm | Austral Pacific
New Zealand-based exploration and production company, Austral Pacific Energy Ltd. has begun the process to de-list from the American Stock Exchange (AMEX). More >>
Austral closes out hedge position
Wednesday, 4 June 2008, 11:09 am | Austral Pacific
Austral Pacific Energy is expecting a major boost in net oil revenues after closing out a hedge position on its Cheal oil production. The hedge close-out involves the remaining 255,700 barrels of its forward position, taken in 2006 when it forward ... More >>
Austral Pacific says reports misleading
Tuesday, 8 April 2008, 10:54 am | Austral Pacific
Austral Pacific says reports that it is in financial difficulty are misleading, and although the company has, as acknowledged in its financial statements, short term liquidity issues, it is executing a plan to manage the cash flow challenge and to ... More >>
Austral Pacific opens Cheal Production Station
Tuesday, 16 October 2007, 5:42 pm | Austral Pacific
Austral Pacific Energy Ltd. has commissioned its Cheal oil and gas production facility in onshore Taranaki, New Zealand. The production facility was officially opened recently by New Zealand’s Associate Energy Minister, Harry Duynhoven, who labeled it a springboard ... More >>
