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Inpex Corp (IPXHY.PK)

IPXHY.PK on OTC Markets Group

16 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Inpex says Upper Zakum field production capacity to increase to 1 mln barrels per day
Tuesday, 14 Nov 2017 04:49am EST 

Nov 14 (Reuters) - Inpex Corp <1605.T>:Says Abu Dhabi National Oil Company, ExxonMobil Abu Dhabi Offshore Petroleum Company Limited and Japan's INPEX Corporation announced, on the side lines of the Abu Dhabi.International Petroleum Exhibition and Conference (ADIPEC), an agreement to increase production capacity from the Upper Zakum oil field to 1 million barrels per day by 2024.  Full Article

Inpex awarded exploration block WA-532-P offshore western Australia
Thursday, 2 Nov 2017 05:23am EDT 

Nov 2 (Reuters) - Inpex Corp <1605.T>:Says co was individually awarded an exploration permit for release area WA-532-P (the Block) in Australia's 2016 offshore petroleum exploration acreage release via co's unit INPEX Browse E&P Pty Ltd .  Full Article

INPEX commences commercial operations of second unit of Sarulla Geothermal Independent Power Producer project in Indonesia
Tuesday, 10 Oct 2017 02:18am EDT 

Oct 10 (Reuters) - Inpex Corp <1605.T>:* Says it commenced commercial operations of the second unit of the Sarulla Geothermal Independent Power Producer Project in Indonesia through its subsidiary INPEX Geothermal Sarulla, Ltd.* With the commencement of commercial operations of the second unit, the Project's total output generated by the first and second units will amount to approximately 220MW .  Full Article

Inpex to acquire participating interest in exploration license PL767 in western Barents Sea offshore Norway
Friday, 15 Sep 2017 04:34am EDT 

Sept 15 (Reuters) - Inpex Corp <1605.T>:Says co has entered into an agreement to acquire a 40 percent participating interest in exploration license PL767 located in the western Barents Sea offshore the Kingdom of Norway from Bayerngas Norge via co's unit INPEX Norge AS.  Full Article

Inpex and partners to extend production sharing agreement for ACG oil fields in Caspian Sea, Republic of Azerbaijan
Thursday, 14 Sep 2017 04:26am EDT 

Sept 14 (Reuters) - Inpex Corp <1605.T>:Says co and partners enter into an agreement with the State Oil Company of the Azerbaijan Republic (SOCAR) to extend the duration of the production sharing agreement for the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields in the Caspian Sea sector of the Republic of Azerbaijan by 25 years until Dec. 31, 2049.Says co holds a participating interest in the ACG oil fields where it is currently engaged in the development and production of crude oil via co's unit INPEX Southwest Caspian Sea, Ltd .The agreement is subject to ratification by the Parliament of the Republic of Azerbaijan.  Full Article

Inpex and Chubu Electric to begin wholesale electricity supply
Thursday, 20 Jul 2017 01:21am EDT 

July 20 (Reuters) - Inpex Corp <1605.T>:* Says it and Chubu Electric Power Co., Inc. <9502.T> jointly announced today they will begin supplying wholesale electricity to city gas companies Ueda Gas, Nagano toshi Gas and Honjo Gas, sourcing power from Diamond Power Corporation, a Chubu Electric subsidiary.* The three city gas companies will begin retailing electricity in their respective gas supply areas as soon as their preparations are complete .  Full Article

Inpex says floating unit for Ichthys LNG project sails away
Tuesday, 18 Jul 2017 09:42pm EDT 

July 19 (Reuters) - Inpex Corp <1605.T>:Says Inpex-operated Ichthys LNG poject's floating production storage and offloading (FPSO) facility, Ichthys Venturer, sailed away on July 18, from waters near its construction site in Okpo, South Koreaen route to the Ichthys Gas-condensate Field offshore Western Australia.  Full Article

Inpex says central processing facility sails away and production schedule update
Friday, 28 Apr 2017 06:21am EDT 

April 28(Reuters) - Inpex Corp <1605.T>:Says the INPEX-operated Ichthys LNG Project's central processing facility (CPF) sailed away from Geoje, South Korea to the Ichthys Field offshore Western Australia.Says CPF will be used to separate and process the produce lifted from subsea production wells into gases and liquids over 40 years of continuous operation.Says the Ichthys Venturer, the Project's floating production, storage and offloading (FPSO) facility will be towed to the Ichthys Field and undergo hook-up.Says the co and its partners will continue to proceed with construction work on the onshore natural gas liquefaction plant outside of Darwin in the Northern Territory of Australia.Says the Ichthys LNG Project will begin production of condensate, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in sequence and ship these products during the current fiscal year ending March 31, 2018.  Full Article

Inpex to sell petroleum and natural gas unit for $167 mln
Monday, 27 Mar 2017 04:42am EDT 

Inpex Corp <1605.T>: Says it will sell 100 percent stake in a Tokyo-based petroleum and natural gas unit to PT MEDCO DAYA SENTOSA .Says the selling price is set at $167 million.  Full Article

Inpex succeeds in oil discovery at onshore exploration Block 10, Iraq
Wednesday, 22 Feb 2017 01:06am EST 

Inpex Corp <1605.T>:Says it has succeeded in discovering deposits of quality oil through the drilling of an exploration well at the onshore Exploration Block 10 (the block) in the Republic of Iraq, in which it holds a 40 percent participating interest through INPEX South Iraq, Ltd., a subsidiary.  Full Article

UPDATE 1-Inpex to ship first Ichthys condensate exports in Feb or March - sources

* Heavy naphtha forms the bulk of the total oil products yield (Adds comments from Inpex executive starting in paragraph 5.)