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The
Company believes that the demand for oil and gas will continue to increase
despite the recent financial downturn. Any discovery made in its Surat, Otway or Taranaki Basin
permits should add significantly to its value. Click
Item to read more …
1. Drilling of up to five Coal Seam Gas (CSG) wells in
the Surat Basin
2. Acquisition of 3-D seismic with TRUenergy
3. New Simpson Seismic / Drilling Program
4. Exploration in the Taranaki Basin
5. Udacha Gas Field in the Cooper Basin
The Udacha Gas
Field in the Cooper Basin draws closer to development with gas
contracts with Santos
to be put in place in 2009 and the Company can expect some cash from its 10
percent share of the Udacha Gas Field in 2009.
6. Uranium project in Central Montana
7. Farming out of Otway Basin
8. Focus on Onshore Exploration
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