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INNAMINCKA PETROLEUM LIMITED - ASX: INP
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Description
The company holds interest in three exploration permits which encompass approximately 4400 square kilometres of core Cooper Basin acreage. The permits are surrounded by existing oil and gas fields and are in close proximity to production facilities and major pipelines.
Since company establishment in November 2003, Innamincka has discovered several hydrocarbon fields with estimated resources in excess of 60 BCF gas in place and 50 million barrels oil in place.
Innamincka has embarked on the next stage of company growth with production, appraisal and development of the initial discoveries in conjunction with ongoing exploration. In the near future it is envisaged Innamincka will mature into a prominent Australian petroleum exploration and production company.
Mine For
oil, gas
Location of operation(s)
South Australia, Queensland
Australian Basins
Cooper, Eromanga
Address
Ground Floor, 924 Gympie Rd
CHERMSIDE, QLD, AUSTRALIA
Phone
(61 7) 3359 8988
Website
Last Updated
17/10/2008
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.