Austin Exploration Limited (ASX:AKK) (OTCQX:AUNXY) today announce that internationally respected petroleum industry executive, Mr Richard Cottee, will join the Company's Board of Directors as Non-Executive Chairman, effective 24 February 2012.
Asian Activities Report for May 4, 2011 includes: Liquefied Natural Gas Limited (ASX:LNG) has executed a Share Placement Agreement with a wholly owned subsidiary of China National Petroleum Corporation; Tap Oil Limited (ASX:TAP) has agreed to sell a 25% interest in the WA-351-P exploration permit in Western Australia to Japan Australia LNG Pty Ltd; Orocobre Limited (ASX:ORE) (TSE:ORL) announced the results of its definitive Feasibility Study of the Salar de Olaroz lithium-potash brine project in Argentina; AusQuest Limited (ASX:AQD) is undertaking major drilling programs to test priority gold prospects at Comoe Project in Burkina Faso.
Australian Market Report of December 23, 2010 includes: Coalworks Limited (ASX:CWK) has signed a joint venture agreement with ITOCHU Corporation (TYO:8001); Icon Energy Limited (ASX:ICN) secures AUD$5.9m funding from Chinese investors; Seek Limited (ASX:SEK) signed an agreement to acquire a majority shareholding in Jobs DB Inc.; White Energy Company Limited (ASX:WEC) has exercised an option to acquire Cascade Coal Pty Limited.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) and ITOCHU Corporation (TYO:8001) have identified potential South Australian sites for a proposed mid-scale Liquefied Natural Gas (LNG) facility.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) releases quarterly report for the period ending 30 June 2010.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that today it entered into a nonbinding memorandum of understanding (MOU) with ITOCHU Corporation (TYO:8001) (PINK:ITOCY) of Japan to investigate and discuss the potential for a future business arrangement in connection with supply of gas from Beach's onshore Australian portfolio to a potential integrated LNG project.
The Australian market opened modestly higher today ahead of the Reserve Bank of Australia's interest rate decision. Material and mining shares continued their losing streak in early trade due to the mining tax concerns. But Wall Street's solid gains overnight helped to support the Australian shares with improving US economic data.
