Profile: Nuenergy Gas Ltd (NGY.AX)

NGY.AX on Australia Stock Exchange

0.04AUD
24 Oct 2014
Price Change (% chg)

$-0.00 (-5.13%)
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NuEnergy Gas Limited is pursuing opportunities in the oil and gas sector. The Company focuses on its coal bed methane (CBM) exploration and drilling activities at the Company’s Production Sharing Contracts (PSC) in Sumatra, Indonesia, as well as exploration for CBM and shale gas acreage in Eastern Africa. The Company has three operated PSCs in Indonesia, which include Muara Enim PSC (40% participating interest), Muara Enim II PSC (30% participating interest) and Rengat PSC (100% participating interest). The Muara Enim and Muara Enim II PSCs are located in the South Sumatra basin. Together they comprise a combined area of 1,861 square kilometers. The Company has a 100% participating interest in an Exclusive Prospecting Licence (EPL0360/12) covering 346 square kilometers in the south of Malawi. The license covers both CBM and shale gas exploration.

Company Address

Nuenergy Gas Ltd

Level 20, 264 George Street
SYDNEY   NSW   2000
P: +612.91995522
F: +612.92478966

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