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• The technologies will address areas including tight gas, deepwater, advanced software applications and integrated workflows.

• Confirmed the availability of equipment to AWE for the hydraulic fracture stimulation of three wells in the onshore North Perth Basin.
• Program is scheduled to commence in June, 2012.

• Norwest Energy advises that the hydraulic fracture stimulation program for the Arrowsmith-2 well (permit EP413, northern Perth Basin) is now locked in.

• The completion plan and frac design were finalized in consultation with Schlumberger and Haliburton after review and analysis of data from the open hole logs.

• Halliburton and PETRONAS Carigali Sdn Bhd have signed a Framework Agreement for the evaluation and development of global shale resources.

• Decisions should put an end to the attempts by Transocean and Halliburton to avoid their obligations.

• Halliburton's consolidated revenue in the fourth quarter of 2011 was $7.1 billion, compared to $6.5 billion in the third quarter of 2011.

• BP claim they have paid more than $21 billion in cleanup costs and economic damages relating to the Deepwater Horizon incident.

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