Real Energy has released an updated investor presentation.
Real Energy is building a major oil and gas company in Australia’s Cooper Basin. It controls over 8314 km2 (2 million acres), which is held 100% in the Cooper Basin, the premier location for unconventional exploration and production in Australia. It is trading at less than AU$ 15 per acre.
The company is pursuing a basin-centred gas play, a lower-risk and higher-return prospect than shale.
New technology has unlocked huge potential for unconventional oil and gas in Australia with Real Energy having a strong technical and commercial team
The full presentation can be reached here.
Adapted from a press release by David Bizley