General Search - Enter what you're looking for...
EUROPEAN GAS LIMITED - ASX: EPG
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
European Gas Limited is a hydrocarbon producer/developer/explorer with projects in western Europe. The strategy of the company is to develop Coal Bed Methane and Coal Mine Methane projects, in particular, in France where the company has major holdings under licence. The permit and application portfolio covers over 10,000 square kilometres in France, Italy and Belgium and contains the largest unconventional gas resources ever assembled in continental western Europe.
Contingent resources have recently increased over eight fold to 8990 Petajoules (8.5 trillion cubic feet or 240 billion cubic metres) and work in progress will significant increase the company’s resource and reserve position. The recent acquisition of Gazonor has launched the company into gas production which is sold principally into the French national pipeline network.
The western European natural gas market is substantial with advanced infrastructure, including extensive pipeline networks and a free and open market.
The company also holds hydrocarbon royalties in the Canning Basin of Western Australia.
European Gas Limited is listed on the Australian Securities Exchange under code EPG.
Mine For
oil, gas, coal seam gas, hydrocarbon
Location of operation(s)
France, Italy, Belgium
Address
Suite 4 , 4 Ventnor Avenue
WEST PERTH, WA, AUSTRALIA
Phone
(08) 9226 0320
Website
Last Updated
21/04/2010
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.