Rialto Energy (RIA)

Shares / Stock Code

RIA

Stock Exchange / Sharemarket

Australian Securities Exchange

Rialto Energy (RIA) is an oil and gas explorer based in Perth, Western Australia, which was listed on the Australian stock market - the Australian Securities Exchange (ASX) in July 2006 by a group of experienced industry professionals with the aim of identifying and developing high impact exploration and production opportunities in a responsible and profitable manner.

Rialto has potentially highly rewarding exploration permits located in Australia's premier hydrocarbon province, the Carnarvon Basin on the North West Shelf, offshore Western Australia and is actively evaluating growth opportunities.

Oil and gas play a key role contributing strongly to Australia’s economy and to the economies of many other countries. However the easily found and politically secure oil and gas opportunities have been largely discovered and exploited, so for growth in the resource base to be sustained, further investment and new approaches are required.

It was in that background that Rialto was formed, to identify and develop high impact oil and gas exploration, development and production opportunities in a responsible and profitable manner.

Rialto Energy Ltd aims to maximise shareholder wealth by leveraging its strong technical skills, considerable international and domestic experience and extensive industry relationships. The key personnel aim to identify and develop high impact growth opportunities in oil and gas in Australia and selected international locations. This will be done in an efficient and responsible manner.

The Company has exploration permit WA-399-P, in the Carnarvon Basin offshore Western Australia. The permit is held equally by Rialto (50%) and Carnarvon Petroleum Ltd (50% and Operator). Rialto Energy (Ghana) Pty Ltd is the Company’s subsidiary.

Rialto Energy (RIA) Products and Services

  • Oil and gas exploration in Australia and West Africa.

Rialto Energy (RIA) Locations and Subsidiaries

Rialto Energy Head Office
208 Bagot Road, SUBIACO, WA, AUSTRALIA, 6008
Phone: +61 8 9381 2229
Fax: + 61 8 9381 2208

Rialto Energy (RIA) Share Price

Submitted by ASX Listed Company on 27 May, 2010 - 20:45

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