General Search - Enter what you're looking for...
OCTANEX NL - ASX: OXX
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
Octanex N.L. (“Octanex” or “the Company”) and its subsidiaries (“the Octanex Group”) are involved in oil and gas exploration and its related activities in the offshore waters within the jurisdiction of Australia. The related activities include investment in companies operating within the wider energy sector, both inside and outside of Australia.
The Octanex Group holds working interests in 10 petroleum exploration permits and residual and royalty interests in a further 3 such permits, all situated in the offshore basins of Australia. All but one of the permits is on the Greater North West Shelf offshore from Western Australia and are located in regions of moderate to intense exploration activity.
The Octanex Group also holds a 100% working interest in a permit in the offshore Taranaki Basin of New Zealand, a region of intense exploration activity. The information provided in this section covers the background to each permit (including location, lead and prospect maps where relevant), the remaining work obligations and the Participants in each Joint Venture and their respective interests.
References in this section to the Octanex Group are references to Octanex and its wholly-owned subsidiaries. The policy underlying the management of the Octanex Group permits, investments and related interests is a cohesive policy which, insofar as is practical and both legally and commercially expedient, does not differentiate between whether they are owned by Octanex directly, or indirectly through one or more of its wholly-owned subsidiaries.
Mine For
oil, gas
Location of operation(s)
Australia, New Zealand
Address
Level 21, 500 Collins St
MELBOURNE, VIC, Australia
Phone
(61 3) 8610 4700
Website
Last Updated
3/3/2011
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.
