BPH appoints leading Contract Manager for Baleen Well Project
2 minute read
This morning, BPH Energy Ltd (ASX:BPH) announced the appointment of Mr Andrew Hogan as Contracts Manager for investee Advent Energy Ltd for its PEP (Petroleum Exploration Permit) 11 Baleen well project in the Offshore Sydney Basin.
This represents a promising development for Advent Energy’s portfolio, with the upcoming Baleen well playing a key role in tackling the new gas resources urgently required to meet domestic demand in the South and East of Australia.
Additionally, as we reported yesterday, the Baleen well has the potential to play an important role in the transition to net zero carbon emissions as it will be evaluated for future use as part of an East Coast Carbon Capture and Storage (CCS) program, complementing similar projects underway in Victoria and elsewhere.
David Breeze, Chairman of Advent Energy, explained in yesterday’s announcement: “If our gas and carbon storage exploration program is successful, and I am optimistic that it will be, it could be a real game changer for NSW and Australia in transitioning to a clean energy and net zero future. I look forward to discussing our plans with the State and Federal governments, and with the Opposition”.
About Hogan
With decades of industry experience under his belt, the appointment of Andrew Hogan is exciting news.
Mr Hogan holds geoscience degrees from Trinity College Dublin and National University of Ireland, Galway and comes with over 30 years of Operational and Commercial experience in the upstream sector of the Energy industry.
Prior to relocating to Perth in 2009 he spent 18 years based in Aberdeen working in the UK sector of the North Sea.
He is well known in the Drilling and Completion community across Australia and New Zealand, having spent 24 years with one of the major oilfield Service Companies and 5 years with a major global offshore Drilling Contractor.
As such, Hogan will bring his experience to bear to assist and advise the board of Advent Energy in the procurement of key equipment and services for the safe and efficient drilling of the Baleen well in PEP11.
About Advent Energy Ltd
Advent Energy Ltd is an unlisted oil and gas exploration company held by major shareholders), BPH Energy (ASX:BPH), Grandbridge and MEC Resources (ASX: MMR).
Advent holds a strong portfolio of near-term development and exploration assets spanning highly prospective acreage onshore and offshore Australia in proven petroleum basins.
Advent Energy’s asset base also incorporates both conventional and unconventional petroleum targets.
Latest articles on BPH Energy
More Commentary
Vulcan gathers highly-credentialed team to complete DFS
05-07-2021
IVZ sets July as start date for Seismic campaign
25-06-2021
Post-drilling analysis delivers positive results for 88 Energy
25-06-2021
Elixir intersects 50 metres of coal at Yangir-1
23-06-2021S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
Publishers Notice
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.