Exoma Energy (EXE)

Shares / Stock Code

EXE

Stock Exchange / Sharemarket

Australian Securities Exchange

Exoma Energy (EXE) is an emerging onshore gas producer, focused on maximising shareholder value by targeted development of its Australian assets. Exoma’s premier asset is its 100%-owned Galilee Gas Project which comprises five contiguous ATPs in the highly prospective Galilee and Eromanga Basins in Central Queensland, Australia. It was listed on ASX on 15 January, 2008.

EXE's Galilee Gas Project (ATPs 991, 996, 999, 1005 and 1008) cover an area of 26,840 km² (approx 6.6 million acres) and has an estimated potential to host combined gas in place resources of 35 Trillion Cubic Feet (TCF) of Coal Seam Gas (CSG) and Shale Gas.

EP 419 is an unexplored area of EXE located in a known hydrocarbon producing region, and is situated between the Dongara and Woodada Gas Fields. On May 15, 2009, the Company announced it had entered into a conditional agreement with Longreach Number 2 Pty Ltd (Longreach) to acquire a 100% interest in the Galilee Gas Project in Galilee Basin in the Central Queensland region of Australia. In February 2009, the Company completed the sale of its entire United States oil and gas production and exploration asset portfolio.

Exoma Energy believes the double objective of ‘conventional’ CSG and ‘unconventional’ SG makes the large contiguous Galilee Gas Project potentially one of the most significant gas exploration projects in Australia. The company has an experienced management team with regional technical experience; working relationships with capable contractors; and proven commercial experience to drive the exploration and development of the Company’s vast highly prospective CSG and Shale Gas acreage.

Exoma Energy (EXE) Products and Services

  • Oil & gas and CSG exploration and production

Exoma Energy (EXE) Locations and Subsidiaries

Exoma Energy Head Office
C/- Johnston Rorke, Level 30 Central Plaza 1,345 Queen Street,
BRISBANE, QLD 4000
Phone: 61 7 3218 2190
Fax: 61 7 3218 7377

Exoma Energy (EXE) Share Price

Submitted by ASX Listed Company on 21 March, 2010 - 23:48

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