Formentera and Inpex partner to develop Beetaloo gas resources [Yahoo! Finance]
INPEX CORP UNSP/ADR (IPXHY)
NASDAQ:AMEX Investor Relations:
inpex.co.jp/english/ir
Company Research
Source: Yahoo! Finance
natural gas resources in Australia's onshore Beetaloo Basin, located in the Northern Territory. This collaboration is set to combine Formentera's expertise in shale technology with Inpex's global capabilities in liquefied natural gas (LNG). It aims to establish a domestic natural gas supply for Australia and facilitate LNG exports to international markets, particularly in Asia. As part of the agreement, Inpex will initially acquire approximately 68,000 net acres from Formentera's 1.9 million-net-acre holdings within the basin through a phased earn-in arrangement worth up to $208m. The deal includes structured off-ramp provisions. Furthermore, Inpex holds an option to purchase an additional acreage of around 75,000 net acres, with the purchase price ranging from $266m to $411m contingent on when the option is exercised. The majority of the transaction's cost will be met through development capital by funding the drilling programme's well expenses. Daly Waters Energy (DWE),
Show less
Read more
Impact Snapshot
Event Time:
IPXHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IPXHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IPXHY alerts
High impacting INPEX CORP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
IPXHY
News
- Tamboran Farmout Pilot Area and BCDA Acreage for Significant Premium in Acreage Value [Yahoo! Finance]Yahoo! Finance
- Formentera and INPEX Announce Strategic Partnership to Accelerate Development of Australia's Beetaloo Shale Resources [Yahoo! Finance]Yahoo! Finance
- MidOcean Energy to increase stake in Gorgon LNG project [Yahoo! Finance]Yahoo! Finance
- EIG's MidOcean Energy to Acquire Additional Gorgon LNG Interest from JERA; Parties Explore Strategic Alliance [Yahoo! Finance]Yahoo! Finance
- A Look At Inpex (TSE:1605) Valuation After Sector Rally And Bond Issuance Postponement [Yahoo! Finance]Yahoo! Finance