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ADVANCE ENERGY LIMITED - ASX: AVD
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Description
Exploration and production company Advance Energy (AVD) has a team with over 30 years combined experience in acquiring and optimising international oil and gas assets. Focusing on established fields in Texas, USA that are close to existing infrastructure, AVD buys underperforming assets and re-evaluates existing data to identify untapped recoverable reserves.
Martin County
Advance Energy Ltd's Martin County properties are situated in the south-central portion of Martin County approximately 32 kilometres northeast of the city of Midland, Texas in an area where there is easy access and no adverse environmental conditions.
Palo Pinto County
The Palo Pinto project lies along the western part of the Fort Worth Basin, a prolific oil and gas producing region of east/centre Texas. It is characterised by natural gas and minor oil accumulations in stratigraphic and structural traps associated predominantly with early Pennsylvanian quartz sandstones and conglomerate reservoirs.
Mine For
oil, gas
Location of operation(s)
USA
Address
Suite 4 , 16 Ord Street
WEST PERTH, WA, AUSTRALIA
Phone
(08) 9486 1122
Website
http://www.advanceenergyltd.com.au/
Last Updated
10/05/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.