PrimaryMarkets

VIEW OUR WEBINARS

SOFI Spritz - Australia’s Aperitivo
SOFI Spritz - Australia’s Aperitivo
View Recording

Deal Snapshot
Deal Snapshot
View Recording

Pre-IPO Trading with PrimaryMarkets
Pre-IPO Trading with PrimaryMarkets
View Recording

AIRR - Profile Video
AIRR - Profile Video
View Recording

Deal Snapshot
Deal Snapshot
View Recording

Oil and Gas Permit in USA - Tender Bids Due 2 Aug 2016 (AEST)

Categories Direct Assets, Mining / Oil / Gas Tenements
Sale Type Asking Price
Price Guide AUD Tender Bids below AUD$2.5 million may not be considered.
Status: Closed

Summary:

Sale of wholly owned subsidiary holding a highly prospective Permit approx. 26,000 gross acres and in proximity to significant producing fields. The Permit has had a limited seismic program and three well drilling program with significant gas flows discovered. Independently estimated contingent recoverable resource (P50) of 56 bcf. Approximately USD$50M has been spent on infrastructure and drilling on this Permit. A major gas pipeline crosses the Permit. The Seller has just altered its corporate strategy and now seeks immediate disposal of the Permit.

Share this Listing

 

Go Back

Become a Follower