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KAROON GAS AUSTRALIA LIMITED - ASX: KAR

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

Karoon Gas Australia Ltd is a coal seam gas and oil and gas exploration company with projects in Western Australia, Northern Territory and Victoria. In the Browse Basin of WA, the company has two permits - 314-P and 315-P (49%). The tenements host a contingent resource estimate of 20TCF plus 600mmbls condensate (risked) in seven prospects and the company was also awarded WA-398-P. In the West Gippsland Basin of Victoria, the company owns and interest in PEP162 and EL4537.The company recently acquired the Z38 block in Peru, acquired AC/P8 in the Timor Sea and was recently awarded five petroleum exploration in Brazil.

Mine For

oil, gas, coal bed methane

Location of operation(s)

Western Australia, Peru, Brazil

Australian Basins

Browse, Bonaparte, Maranon

Address

Suite 7A , 34 Lochiel Avenue
MT MARTHA, VIC, AUSTRALIA

Phone

(03) 5974 1044

Email

Website

http://www.karoongas.com.au

Last Updated

11/03/2010

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.