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L and M Petroleum - Latest News [Page 1]

LMP & LMCSG Discussing Potential Transaction

Monday, 7 September 2009, 1:13 pm | L and M Petroleum

Preliminary discussions with privately held L&M Coal Seam Gas Limited (LMCSG) LMCSG targeting in excess 1500PJ of coal seam gas across New Zealand Independent committee established to consider transaction L&M Petroleum Limited (ASX and NZX: “LMP”) ... More >>

Belmont Strat-1 Well Encounters Beaumont Coals

Monday, 3 August 2009, 1:44 pm | L and M Petroleum

Belmont Strat-1 well encountered the top of the Beaumont formation coals at 224m. The Washington’s #8 coring rig is being rigged up over the well to undertake coring operations. At report time this morning the Washington’s coring rig #8 is being ... More >>

Next Well in CSG Program Begins Drilling

Monday, 27 July 2009, 1:28 pm | L and M Petroleum

The Belmont Strat-1 well in LMP’s Western Southland Basin petroleum exploration permit, PEP 38228 (Blackmount), commenced drilling operations over the weekend and at report time this morning was waiting on cement after setting 6” casing at 42m. ... More >>

Well Reaches TD, 8m of coal encountered

Wednesday, 15 July 2009, 3:03 pm | L and M Petroleum

Mt Linton-2 well has reached its total depth at 474m; logging operations underway • 8m of Beaumont coals were encountered, recovered cores sent for laboratory analysis • Mt Linton-2 wellbore to be suspended for future long term flow testing More >>

Mt linton-2 Well Encounters Top of Beaumont Coals

Tuesday, 7 July 2009, 2:17 pm | L and M Petroleum

Mt Linton-2 well has encountered the top of the Beaumont coals at 359m • Once coring operations have been completed the coals will be flow tested to establish permeability. More >>

Update on CSG Drill Program Operations

Monday, 22 June 2009, 1:22 pm | L and M Petroleum

• Belmont-1 well at 405m, fishing for stuck core barrel • Mt Linton-1 well preparing to run 4” casing to 300m. More >>

Wairaki -1 Drilling Progress

Tuesday, 25 November 2008, 2:03 pm | L and M Petroleum

L&M Petroleum Limited is pleased to announce that at 6am on 25th November,  the Wairaki-1 coal seam gas (CSG) exploration well in Western Southland petroleum exploration permit (PEP) 38238 (Blackmount) was at a depth of 179m, coring in the ... More >>

Te Anau Permit Surrendered, Blackmount Extended

Friday, 17 October 2008, 4:16 pm | L and M Petroleum

L&M Petroleum has elected to surrender to the government its onshore Western Southland Basin exploration permit, PEP 38230 (Te Anau), in return for being granted an extension to its existing PEP 38238 (Blackmount) permit (see map below). More >>

Succesful Bid For Onshore Taranaki Exploration

Tuesday, 23 September 2008, 1:55 pm | L and M Petroleum

L&M Petroleum and ASX-listed Mosaic Oil awarded Block 5 (PEP51151), onshore Taranaki • Permit adjacent to proven production (Rimu, Kauri and Manutahi fields) More >>

Goodwin-1 Well Reaches Total Depth

Thursday, 18 September 2008, 1:09 pm | L and M Petroleum

L&M Petroleum (LMP) is pleased to announce that as at 11:30 am on 18 September, the Goodwin-1 well has reached its final total depth of 360m and is preparing the hole to run electric wireline logs. More >>

Goodwin-1 Well Hits Coal Seam Target

Monday, 15 September 2008, 4:31 pm | L and M Petroleum

At 07:00 on 15 September the Goodwin-1 well was at a depth of 296m, coring in the Morley Formation, the top of which was encountered at a depth of 254m. This was slightly deeper than predicted due to an increased thickness of Beaumont Formation caused ... More >>

Goodwin-1 Well Drilling Operations Commencing

Friday, 22 August 2008, 11:56 am | L and M Petroleum

L&M Petroleum Limited (LMP) is pleased to announce that mobilisation of the Washingtons Exploration Rig #8 to the Goodwin-1 well site is underway and the well drilling operations are expected to commence Monday, 25 August. The well drilling and coring operations ... More >>

Coal Seam Gas Exploration Operations to Begin

Tuesday, 5 August 2008, 2:16 pm | L and M Petroleum

Drilling rig contract signed with Washingtons Exploration Ltd to drill coal seam gas wells in South Island of NZ. • Contact signed with Southern Geophysical Services to acquire 17.2 kms of new 2D seismic data to delineate further CSG targets. More >>

Coal Seam Gas Operations Update Highlights

Thursday, 3 July 2008, 5:29 pm | L and M Petroleum

Coal Seam Gas drilling program targeting 300PJ potential in South Island of NZ commencing Seismic program to delineate further CSG targets More >>

Fireball Creek-1 Well Drilling Operations Update

Wednesday, 23 April 2008, 12:57 am | L and M Petroleum

Petrophysical analysis of the electric logs obtained from the Fireball Creek-1 well indicate that the top of the Omotumotu ‘A’ sands within the Fireball Creek-1 well, which were intersected 20m low to the SFL-1 well, are at the gas/water contact. ... More >>

Fireball Creek-1 Drilling Progress Report

Thursday, 10 April 2008, 5:05 pm | L and M Petroleum

As at 0600 hours the well was at a depth of 125m drilling ahead at a rate of 3m per hour. More >>

Fireball Creek-1 Drilling Progress Report

Wednesday, 9 April 2008, 1:35 pm | L and M Petroleum

As at 0600 hours a depth of 122m had been reached. Drilling mud is currently being prepared in advance of running the protective string of casing. More >>

Fireball Creek-1 Drilling to Recommence

Monday, 7 April 2008, 3:01 pm | L and M Petroleum

L&M Petroleum Limited (LMP) is pleased to announce that the PEP 38521 Joint Venture is set to recommence drilling the Fireball Creek-1 well today. The well, located within Petroleum Exploration Permit (PEP) 38521 in the onshore Westland Basin of ... More >>

Fireball Creek-1 Well Drilling Operations to Recom

Tuesday, 1 April 2008, 1:56 pm | L and M Petroleum

On 25 February, the Fireball Creek-1 well, located within Petroleum Exploration Permit (PEP) 38521 in the onshore Westland Basin of the South Island of New Zealand, was temporarily suspended at a depth of 56m due to safety concerns with some of the equipment. More >>

L&M Farms into PEP 38521

Thursday, 1 November 2007, 3:20 pm | L and M Petroleum

L&M Petroleum today announced that it has concluded farming arrangements in respect to PEP 38521 situated in the onshore part of the Westland Basin of the South Island of New Zealand (see map below). PEP 38521 contains two mapped prospects, Fireball ... More >>

 

 
 
 
 
 

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