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INDUS ENERGY NL

ASX: IND

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

Indus Energy is an oil and gas exploration company with projects in Alberta, Canada and South Sumatra, Indonesia.

Alberta, Canada

Indus has signed a binding Terms Sheet with First Nations Exploration Company, Keyano Pimee Exploration Company Limited to farm-in to 82,290 acres of Cold Lake oil sands in Alberta, Canada.

Ranau PSC, South Sumatra

  • The Ranau PSC Area is large (2,191km2) and virtually unexplored.
  • Gas and oil shows in surrounding wells in conjunction with observed oil seeps are evidence of a proven petroleum system in the area. Significantly, an adjacent well recorded log and pressure data confirming a 107m gross gas column within the primary Talang Akar Formation reservoir.
  • Existing seismic da
  • ta adjacent to the Ranau PSC shows potential Direct Hydrocarbon Indicators (DHIs), providing strong support for widespread occurrences of oil and gas in this area.
  • These surrounding sub-Basins that are the source of the oil and gas extend into the Ranau area as the Ratu and Jaya sub-Basins.

Mine For

oil, gas

Location of operation(s)

Canada, Indonesia

Address

Unit 17, Level 2 100 Railway Road
SUBIACO, WA, Australia

Phone

+61 8 9380 9920

Email

Website


Last Updated

19/3/2015

 

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.