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Nexus Exercises Crux Put Option for $75 million
Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West Australia for $75 million.

date.png20 Dec 2012 20:54 | comments.png 0 Comments | tags.png australia lng nexus shell [ More ]

Crux Terms and Documentation Finalised Consolidation of LNG and Liquids Interests in AC/L9
Nexus Energy Limited (Nexus) refers to the Heads of Agreement with Shell Development (Australia) Pty Ltd (Shell) and Osaka Gas Crux Pty Ltd (Osaka Gas) announced on 19 January 2012 and advises that main documentation for the consolidation of interests in AC/L9 has been finalised and parties are now progressing to their final board approvals.

date.png05 Jul 2012 06:52 | comments.png 0 Comments | tags.png australia lng nexus shell upstream [ More ]

Nexus non-binding HOA with Shell & Osaka Gas
Nexus Energy Limited (Nexus) today advises that it has signed a non-binding Heads of
Ag r eement (HOA) with Shell Development (Australia) Pty Ltd (Shell) and Osaka Gas Crux Pty Ltd (Osaka Gas) to exclusively pursue a Shell-led integrated gas and liquids development to commercialise the Crux asset.

date.png20 Jan 2012 08:42 | comments.png 0 Comments | tags.png australia deals lng nexus osaka-gas shell [ More ]

Nexus Agrees Commercial Principles with Shell for Crux Liquids Project Extension
Nexus Energy Limited (“Nexus”) has reached agreement on commercial terms with Shell Development (Australia) Pty Ltd (“Shell”) to purchase an option to a three (3) year extension of the gas rights handover date from 31 December 2020 to 31 December 2023. The agreement is subject to final legal documentation and requisite parties’ board approvals. This represents an important milestone in the commercialisation of Crux (AC/L9).

date.png26 Nov 2010 12:43 | comments.png 0 Comments | tags.png australia nexus shell [ More ]
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