L and M Energy - Latest News [Page 2]
Talon-1 drilling update
Friday, 8 July 2011, 12:11 pm | L and M Energy
L&M Energy Limited (ASX/NZX: LME) advises that the Talon1 exploration well in PEP51151, onshore Taranaki, New Zealand (LME: 50%) was this morning at 312 metres and drilling ahead to the first casing point of 500m. More >>
L&M Energy Spudding Talon1 Well
Tuesday, 5 July 2011, 4:11 pm | L and M Energy
L&M Energy Limited (ASX/NZX: LME) is pleased to advise that Talon1, the Company’s first well in the Taranaki Basin, will spud this evening following finalisation of rig set up operations. More >>
L&M Energy to Explore South Island Shale Plays
Friday, 24 June 2011, 2:12 pm | L and M Energy
L&M Energy Limited (ASX: LME) is pleased to announce that it has identified five areas of interest in the South Island of New Zealand that hold significant shale gas potential analogous to some of the most productive shale acreage in the USA. More >>
Ohai CSG Pilot Operations Update
Tuesday, 21 June 2011, 2:11 pm | L and M Energy
LME achieves first incoalseam lateral drilling operations in New Zealand • Initial pressure connection between lateral and production well achieved • Workover scheduled to cleanout production well and recomplete nearby wells • Power connection ... More >>
L&M Energy Secures Funding for Upcoming Taranaki Oil Well
Wednesday, 1 June 2011, 12:23 pm | L and M Energy
New Zealand Energy Corp. (“NZEC”) recently announced (copy attached) that they have entered into a Letter of Intent with AGL Upstream Gas (MOS) Pty Limited (“AGL”) to acquire AGL’s 50% interest in PEP 51151 (Alton). LME is pleased to announce ... More >>
L&M Energy Signs Power Offtake Agreement
Thursday, 7 April 2011, 2:50 pm | L and M Energy
L&M Energy Limited (LME) has entered into a landmark agreement to sell electricity output from its Ohai Coal Seam Gas (CSG) Pilot Project to the Rio Tinto Alcanowned New Zealand Aluminium Smelters Limited (NZAS). More >>
2011 Lateral Well Successfully Completed
Monday, 4 April 2011, 12:40 pm | L and M Energy
L&M Energy Limited (LME) is pleased to provide the following update at the Ohai pilot project. More >>
L&M Energy Christchurch Earthquake Update
Wednesday, 23 February 2011, 12:22 pm | L and M Energy
Following the recent tragic earthquake in Christchurch, L&M Energy Limited (ASX/NZX:LME) wishes to advise that although there has been significant disruption to the company’s Christchurch office, all staff are safe and well. As an interim measure, all administrative ... More >>
“52.2m of Net Coal Intersected” Ohai Pilot Update
Friday, 18 February 2011, 1:06 pm | L and M Energy
L&M Energy Limited (LME) is pleased to provide the following update on drilling progress at the Ohai pilot project. OM#5 has been drilled to a total depth of 645m after intersecting approximately 52.2m of net coal within the target Morley coal measures across an ... More >>
Ohai Coal Seam Gas Pilot Project Progress
Wednesday, 9 February 2011, 3:10 pm | L and M Energy
L&M Energy Limited (LME) is pleased to provide the following update on drilling progress at the Ohai pilot project. The rig is continuing operations at OM#5 and is at a current depth of 550m, which is within the upper section of the Morley coal measures. More >>
L&M Commences Site Preparation for Taranaki Drilling
Tuesday, 1 February 2011, 2:19 pm | L and M Energy
L&M Energy (LME), as Operator of onshore Taranaki Petroleum Exploration Permit (PEP) 51151, is pleased to announce that site preparation has commenced at the Talon1 well location. Due to rig contract discussions and scheduling considerations it is ... More >>
Ohai Coal Seam Gas Pilot Project Progress
Tuesday, 18 January 2011, 12:58 pm | L and M Energy
L&M Energy Limited (LME) is pleased to announce that drilling has resumed at the Ohai pilot project after being suspended during the Christmas and New Year period. The programme is to drill and then install 95/8” surface casing to a depth of ... More >>
Resource Consents Granted for Ohai Coal Seam Gas Project
Monday, 13 December 2010, 2:57 pm | L and M Energy
L&M Energy Limited (LME) is pleased to announce that all necessary resource and environmental consents have been granted for the Ohai Coal Seam Gas (CSG) pilot project located in PEP 38220 on the South Island of New Zealand. More >>
LME Reorganisation
Monday, 15 November 2010, 12:41 pm | L and M Energy
Mr Geoff Loudon, Chairman of L&M Energy Limited (ASX/NZX:LME), wishes to announce that a corporate re-organisation to reflect the increasing focus on Coal Seam Gas has resulted in the functions of the dual Managing Director structure being rationalised ... More >>
L&M Energy Closes 2010 Capital Raising Program
Wednesday, 3 November 2010, 1:50 pm | L and M Energy
L&M Energy Limited (ASX:LME) is pleased to announce that it has completed its 2010 capital raising program. An additional NZ$1.3 million has been raised by placing 11.1 million shares at A$0.09 each with a major New Zealand institution. This brings ... More >>
Coal Seam Gas Pilot Programme Gets Underway
Monday, 30 August 2010, 4:42 pm | L and M Energy
Coal seam gas explorer, L&M Energy, expects to know by Christmas the commercial viability of its 173PJ Ohai coal seam gas field. More >>
L&M Energy to explore small scale LNG projects
Wednesday, 9 June 2010, 1:43 pm | L and M Energy
L&M Energy Limited (ASX/NZX:LME) is pleased to announce that it has signed an agreement with HW Richardson Group Limited to investigate the feasibility of developing small scale Liquefied Natural Gas (“LNG”) projects within New Zealand, beginning with ... More >>
L&M Energy Applies for Gasification Permit
Wednesday, 2 June 2010, 2:48 pm | L and M Energy
As part of its long term strategy to secure substantial energy resources in New Zealand L&M Energy Limited (ASX/NZX: LME) is pleased to advise that it has lodged an application for a Prospecting Permit over a 2112 sq km area containing in excess of 2 billion ... More >>
Coal Seam Gas Operations Update
Tuesday, 20 April 2010, 5:36 pm | L and M Energy
L&M Energy Limited (LME) is pleased to provide the following update on the drilling of the OM-4 well, which is currently drilling ahead at 996m. The rig has successfully cored through the Beaumont and Morley coal measures. More >>
LMCSG Acquisition Complete
Monday, 1 March 2010, 12:39 pm | L and M Energy
L&M Energy Limited ( LME ) is pleased to announce the successful completion of its acquisition of L&M Coal Seam Gas Limited ( LMCSG ). More >>