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GAS2GRID LIMITED - ASX: GGX

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

Gas2Grid is a Sydney-based oil and gas exploration company that was formed to appraise a 1960 gas and oil discovery onshore Cebu Island in the Republic of the Philippines. The Company holds 100% of Petroleum Service Contract (exploration license) SC44 on Cebu Island, which contains the Malolos gas and oil discovery and other wells with hydrocarbon shows.

Gas2Grid Limited's assets are petroleum exploration licences located onshore in Australia, Philippines, France and New Zealand. The assets vary in development stage with the Philippines asset containing wells with known oil and gas accumulations that are trying to be commercialised, France is extending production from nearby oil and gas fields and exploration opportunities in Australia and new Zealand.

The company holds a 100% interest and operatorship in all of its assets other than in NZ where it holds a 55% non-operated interest and France where it owns a 50% interest. The main target within these licences is conventional oil and gas.

Mine For

oil, gas

Location of operation(s)

Western Australia, Philippines, France, New Zealand

Australian Basins

Canning

Address

Level 22, Goldfields House, 1 Alfred St
SYDNEY, NSW, AUSTRALIA

Phone

(61 2) 9250 1810

Email

Website

http://www.gas2grid.com/

Last Updated

15/03/2010

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.