perth BASIN |
Permit No. |
Drilling Prospects |
Farminees |
Equity
Held |
Programme Status |
Potential Reserves |
EP 440 |
Yeal/Cataby Oil Trend
|
Empire Oil & Gas NL
|
100%
|
Seismic reprocessing and interpretation |
|
|
|
|
EP 432 |
Mullering/Cataby
Anticlinorium |
Empire Oil Company (WA) Limited |
75% |
53 sq km Mullering 3D Seismic Survey planned 1st Qtr 2008
|
Oil 5-10 MMBO
|
|
Allied Oil & Gas N.L. |
25% |
Option to drill one well
|
|
|
|
|
|
|
|
|
|
EP 430 |
|
Empire Oil Company (WA) Limited
|
100%
|
Seismic reprocessing and interpretation |
|
|
|
|
EP 426 |
Moriary-1 |
Empire Oil Company (WA) Limited |
65% |
Planned for drilling first quarter 2008 |
Oil
|
|
Allied Oil & Gas Plc |
25% |
|
‘F’ sands – 3 MMBO
|
|
Black Fire Energy Limited |
10% |
to earn 10% by paying 13.33% of Moriary-1 |
‘J’ sands – 4 MMBO |
|
|
|
|
‘L’ sands – 4 MMBO
|
|
|
|
EP 416 |
Wellesley
|
Empire Oil Company (WA) Limited |
80% |
50 km 2D Seismic Survey planned 1st Qtr 2008 |
Gas - 150 BCF
|
|
Allied Oil & Gas Plc |
20% |
Option to drill one well |
|
|
|
|
EP 389 |
Gingin West |
Empire Oil (WA) Limited
Wharf Resources Pty Ltd |
75%
25% |
45 sq km Gingin West 3D Seismic Survey planned for first quarter 2008 |
Gas 212 BCF |
Gingin Gasfield |
|
|
3D Seismic Planned |
Gas 150-200 BCF |
Eclipse West |
|
|
3D Seismic planned |
Gas 226 BCF |
Yeal |
|
|
2D Seismic planned |
Oil 25 MMBO |
Gingin Brook |
|
|
option to drill one well |
Gas 633 BCF |
|
|
|
Ep 454 |
Northern Dandaragan Trough |
Empire Oil Company (WA) Limited |
100% |
Seismic reprocessing and interpretation |
|
|
|
|
carnarvon BASIN |
Permit No. |
Drilling Prospects |
Farminees |
Equity
Held |
Programme Status |
Potential Reserves |
SPA 11/05-6 |
Pelican Hill |
Empire Oil Company (WA) Limited |
57.14% |
Mature drilling prospect. Drill well by farmout |
Oil 25 MMBO or |
|
Longreach Oil Limited |
23.38% |
Farmed out to Jurassica Oil & Gas Plc to earn 40% |
Gas 50 BCF |
|
Indigo Oil Pty Ltd |
11.69% |
Geochemical anomaly over structure |
|
|
Falcore Pty Ltd |
6.49% |
|
|
|
Vigilant Oil Pty Ltd |
1.30% |
|
|
|
|
|
EP 444 |
Amethyst
Opal |
Rough Range Oil Pty Ltd |
100% |
Airborne Geochemical Survey completed.
Red Sky Energy Limited has the option to drill one well to earn 50%
|
|
|
Red Sky Energy Limited |
|
|
|
|
|
|
EP 439 SPA 12/05-6 |
Lake MacLeod
|
Empire Oil Company (WA) Limited
|
57.14% |
Mature drilling prospect |
Oil 150 MMBO |
|
Longreach Oil Limited |
23.38%
|
Drill well by farmout |
|
|
Indigo Oil Pty Ltd |
11.69% |
|
|
|
Falcore Pty Ltd |
6.49%
|
|
|
|
Vigilant Pty Ltd |
1.30% |
|
|
|
|
|
EP 435 |
Parrot Hill-2
|
Empire Oil Company (WA) Limited |
48% |
Drilling early 2007 |
Oil 400,000 BO
|
|
Phoenix Resources Plc
|
25%
|
Mature for drilling. Updip from Parrot Hill-1
|
Oil 4.7 MMBO |
|
Australian Oil Company Limited |
17% |
Mature for drilling. Updip from Parrot Hill-1. |
|
|
Bounty Oil & Gas N.L. |
10%
|
|
|
Bee-Eater |
|
|
Significant geochemical anomalies located on Anagonda Survey. |
Oil 4.7 MMBO |
Pindan |
|
|
|
Oil 3.3 MMBO |
|
|
|
EP 412 |
Thornbill-1
|
Rough Range Oil Pty Ltd
|
35%
|
Empire has right to go to 80% by drilling one well
|
Gas 50 BCF
|
Sandalwood Prospect |
Bounty Oil & Gas N.L.
|
65%
|
|
|
|
Jurassica Oil & Gas |
|
Paying $600,000 to earn 30% |
|
|
|
|
EP 359 |
|
Rough Range Oil Pty Ltd |
33.36% |
Phoenix Resources has option to drill one exploration |
|
|
Lansvale Oil & Gas Pty Ltd |
63.30% |
exploration well to earn 50% interest in permit |
|
|
Pace Petroleum Pty Ltd |
3.34% |
Option to earn 50%
|
|
|
Phoenix Resources Plc |
|
|
|
|
|
|
canning BASIN |
Permit No. |
Drilling Prospects |
Farminees |
Equity
Held |
Programme Status |
Potential Reserves |
L98-1 |
West Kora
|
Gulliver Productions Pty Ltd |
49%
|
Completed oil well. Put on pump upon Stokes |
|
|
Indigo Oil Pty Ltd |
8% |
Bay-1 success. |
Oil 50-100 MMBO |
|
First Australian Resources Limited |
12% |
Arc Energy, Emerald Gas and Phoenix Resources |
|
|
Arc Energy Inc. |
19% |
have the option to earn interests in L98-1 via |
|
|
Pancontinental Oil & Gas N.L. |
12% |
farmin agreements with Gulliver and Indigo. |
|
|
|
|
EP 448 |
No prospects yet defined |
Gulliver Productions Pty Ltd
|
25%
|
Aeromagnetic survey completed. Seismic reprocessing in progress. ARC Energy has exercised its option to earn 75%.
|
|
|
|
|
EP 438 |
Hedonia Prospect
Goldwyer Prospect |
Gulliver Productions Pty Ltd
|
20%
|
Aeromagnetic survey completed. Seismic reprocessing in progress. ARC Energy has exercised its option to earn 75%
|
Oil 5 MMBO
|
|
|
|
EP 104/R1/L98-1 |
Valentine
|
Gulliver Productions Pty Ltd |
14.8% |
Mature for drilling
|
Oil 200 MMBO or
Gas 102 TCF
|
|
Indigo Oil Pty Ltd |
5.5% |
Arc Energy became the new operator on 1/1/07. Valentine-1 spudded on 12 August and is currently drilling ahead at 3034m. |
|
|
First Australian Resources Limited |
8.0% |
|
|
|
ARC Energy Pty Ltd |
32.95% |
|
|
|
Pancontinental Oil & Gas N.L. |
10.0% |
|
|
|
Emerald Gas Limited |
18.75% |
|
|
|
Phoenix Resources Plc |
10.0% |
|
|
|
|
|
EP 104/R1 |
Stokes Bay-1 |
Gulliver Productions Pty Ltd |
14.8% |
Mature for drilling |
Gas
|
|
Indigo Oil Pty Ltd |
5.5% |
Arc Energy became the new operator on 1/1/07 |
Unit A sand: 33.5 BCF |
|
First Australian Resources Limited
|
8.0%
|
and plan to drill Stokes Bay-1 after Valentine-1 using |
Unit C sand: 47.4 BCF |
|
Arc Energy Inc. |
32.95% |
their contracted Century Rig 18 |
Deeper Anderson: 43 BCF |
|
Pancontinental Oil & Gas N.L.
|
10% |
|
Oil
|
|
Emerald Gas Limited |
18.75%
|
|
Unit B sands: 6 MMBO
|
|
Phoenix Resources Plc |
10%
|
|
Deltaic Unit: 4.3 MMBO
|
|
|
|