North Perth-based development fund MEC Resources Ltd will establish a joint venture company with well-bore technical services firm China National Logging Corporation, to provide production and exploration services to MEC investee Advent Energy Ltd.
West Perth-based Tap Oil Ltd has entered into a gas sales agreement with a Western Australian customer for over five years, which it expects will generate $135 million in revenue.
West Perth-based Jupiter Energy Ltd will pay Zher Munai & K LLP around $6.7 million and issue shares worth a further $2.3 million for sub surface rights on an oil permit in the Mangistau Basin in South West Kazakhstan.
Applecross-based engineering company Monadelphous Group Ltd has secured new minerals and oil and gas projects worth a total of $140 million, the company has announced.
West Perth-based energy company Wasabi Energy Ltd has taken a 20 per cent stake in Melbourne-based evaporative water loss-prevention company Aqua Guardian Group Ltd for $500,000, ahead of its planned listing on the Australian Securities Exchange.
Perth-based CityView Corporation Ltd has acquired the right to purchase 100 per cent of Petro Energy Africa Ltd, a move that would give it operational control of the North Matanda oil project in Cameroon.
Commercial property investor Hossean Pourzand may break some sales records before the year is out, with the Clough building at 251 St Georges Terrace expected to generate strong interest from investors and developers.
One year after helping to float the family company, Swick Mining Services Ltd (SMS), on the Australian Securities Exchange, Randal Swick is planning to establish a new drilling business in Brazil.
Western Australia has become unusually dependent on three giant resource sector producers, which account for more than half of the state’s entire exports.
Western Australia’s nickel exporters, led by BHP Billiton and Minara Resources, had a bumper year in 2006-07 despite lower production, with record nickel prices achieved.
Western Australia’s massive minerals and petroleum sectors dominate the state’s export commodity profile, with just one commodity in the top 10, wheat, from outside the resources industry.
When geologists around the world start planning new mine developments, there is a good chance the software used will have been written in Perth by a company such as Gemcom or Micromine.
As we prepare to enter year six of the greatest resources boom Australia has experienced there’s a hunt under way for the next mining and oil investment theme to maintain the momentum.
The state government has posted another record surplus, eclipsing its previous record figure by almost 2 per cent to reach $2.3 billion for the 2006-07 financial year.
West Perth-based oil and gas explorer Deltana Energy Ltd has opened its initial public offer to raise $16 million, funding a planned exploration program in northern Italy's Po Valley region.
West Perth-based Mirabela Nickel Ltd has decided to proceed with its US$263 million (A$300 million) Santa Rita nickel project in Brazil, appointing GRD Minproc to provide engineering, procurement, commissioning and construction consulting services.
Perth-based asset management company PearlStreet Ltd has renewed its testing and inspection services contract with Exxon Mobil subsidiary Esso Australia Pty Ltd, signing on to provide them until 2012.
Energy and resources sector asset services contractor PearlStreet Ltd has announced a $1.6 million net profit for the year ended 30 June 2007, it maiden profit as a listed entity.
