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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
6. Uranium project in Central Montana
Leasing has begun
in the Rawson Uranium project in Central Montana.
Here the operator of the program Geochemical Exploration Inc of Dallas, Texas
has located several outcrops of lamproite dykes which have anomalous
surface uranium . Detailed radiometric and magnetic surveys were completed
in October 2008. The joint venture has further leads that it may also lease
in the region.
7. Farming out of Otway Basin
8. Focus on Onshore Exploration
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