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BOUNTY OIL & GAS NL - ASX: BUY
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Description
Bounty Oil and Gas NL is a petroleum producer/explorer participating in 2009 drilling in proven oil and gas permits with Australian and International exposure. It is listed on the Australian Stock Exchange with the enviable code of "BUY". The company has an energetic approach to oil and gas exploration and development and holds both national and international interests.
Bounty aims to maintain a steady flow of drilling and development opportunities through focussed exploration whilst offsetting risk to third parties through farmout.Recent acquisitions in the Surat Basin in Queensland and farmin in the Eromanga Basin in South Australia, have added much more balance to the portfolio; increasing the low risk exploration and drilling opportunities to offset the really high impact prospects that are emerging from PEP 11 in the offshore Sydney Basin.
The board and management are committed to converting the company’s substantial portfolio of undeveloped hydrocarbon accumulations to developed producing assets.Management has the proven expertise to do so, and on the following pages of this website sets out how and where it will focus the company’s activities.
Mine For
oil, gas
Location of operation(s)
Queensland, New South Wales, Western Australia, Tanzania
Australian Basins
Carnarvon, Sydney, Surat, Eromanga, Cooper, Bonaparte
Address
Level 7, 283 George Street
SYDNEY, NSW, AUSTRALIA
Phone
02 9247 4777
Website
Last Updated
04/05/2010
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.