Australian Worldwide Exploration - Latest News [Page 1]

Reserves increase by 30% at Tui Oil Project

Thursday, 22 November 2007, 12:15 am | Australian Worldwide Exploration

AWE, as Operator of the Tui Area Oil Project, has undertaken a reserve review which has resulted in an increased estimate of oil reserves at Tui by 30% to 41.7 million barrels. This compares with reserves of 27.9 million barrels on which the Tui Area ... More >>

Update on New Zealand incident

Tuesday, 6 November 2007, 2:33 pm | Australian Worldwide Exploration

AWE, as operator of the Tui Area Oil Project, advises that the clean-up of oil along a section of the Taranaki coast has been completed. More >>

First oil from Tui field

Tuesday, 31 July 2007, 12:42 am | Australian Worldwide Exploration

The first commercial oil has flowed from AWE Ltd’s Tui Area Development, in New Zealand’s offshore Taranaki basin. * The final capital cost for the project is estimated to be US$269 million or approximately 10% above expectation. More >>

AWE’s Tui Area Project reaches key milestone

Wednesday, 4 April 2007, 9:39 am | Australian Worldwide Exploration

AWE Ltd (“AWE”) reports that the FPSO Umuroa has sailed from Singapore and is heading towards its field location in New Zealand. The vessel departed Singapore at 1135 hours (Singapore time) on April 1, 2007 and is expected to arrive on site ... More >>

AWE starts 9 well drilling campaign in New Zealand

Wednesday, 11 October 2006, 9:36 am | Australian Worldwide Exploration

Australian Worldwide Exploration Limited, (“AWE”) has started a nine well offshore drilling campaign in New Zealand with the Cutter-1 exploration well in New Zealand’s Canterbury Basin More >>