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Malaysian firm Sapura Upstream Sdn. Bhd. has made its maiden entry into exploration work in Australia through a farmin to three permits offshore Western Australia held by Perth-based private firm Finder Exploration Pty. Ltd. All three permits are in the North West Shelf oil and gas province.

Surge Energy Inc., Calgary, will acquire 5,500 boe/d of production, mostly light oil, in western Alberta now operated by Mount Bastion Oil & Gas Corp. Surge has agreed to acquire all shares of Mountain Bastion for cash and stock worth a total of $320 million (Can.), up to $145 million of which will be cash.

The US drilling rig count remained unchanged at 1,048 units working for the week ended Sept. 7, according to Baker Hughes data. The count is up 104 units from this time a year ago when it stood at 944.

The Industrial Energy Consumers of America (IECA) asked congressional energy leaders to hold hearings examining natural gas pipeline cybersecurity.

The US Pipeline & Hazardous Materials Safety Administration and Federal Energy Regulatory Commission jointly signed a memorandum of understanding on Aug. 31 to expedite coordination between the agencies during permit application reviews for proposed LNG export facilities.

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