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ODIN ENERGY LIMITED - ASX: ODN

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

Odin Energy Limited brings together a highly experienced team of oil industry and financial market professionals with the skills to build a strong oil and gas company that will grow through developing its asset base. Odin's goal is to build a significant oil production business for the benefit of the shareholders.

PEL 106 Spinel Block, operated by Great Artesian Oil and Gas Limited ("Great Artesian"), covers an area of 300 km2 and lies within the south-western Patchawarra Trough where it encompasses, or bounds, several producing oil and gas fields including Bindah, Cowrall, Ficus, Gidgealpa, Jack Lake, Kanowanna, Kurunda, Leleptian, Nephrite, Nephrite South, Nulla, Meranji, Mica, Moonanga, Raven, Vanarus and Welcome Lake production licences which are all excluded from the permit's exploration acreage.

PEL 106 previously formed portions of the Santos operated Lake Hope and Murta Blocks of PELs 5 and 6.

PEL 106 is located within the deeper portion of the Patchawarra Trough part of the Cooper Basin where there is a more complete section of Early to Late Permian and Triassic sediments.

Mine For

oil, gas

Location of operation(s)

South Australia

Australian Basins

Cooper

Address

Suite 4, 16 Ord Street
WEST PERTH, WA, AUSTRALIA

Phone

(08) 9486 1311

Email

Website

http://www.odinenergy.com.au

Last Updated

04/03/2010

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.