Real Energy highlights Cooper Basin focus
Real Energy is building a major oil and gas company in Cooper Basin, the premier location for unconventional exploration and production in Australia.
It is one of the few independent companies with significant exposure to the Cooper Basin, trading at less than AU$ 15 dollars per acre.
Real Energy controls over 8314 km2 (2 million acres) of acreage, all of which is held 100% in the Cooper Basin, the premier location for unconventional exploration and production in Australia.
The company pursues a basin-centred gas play, a lower risk and higher-return prospect than shale.
New technology has revealed massive potential for unconventional oil and gas in Australia with Real Energy having a strong technical and commercial team.
To view the company’s full presentation on the Cooper Basin, please click here.
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/exploration/16072014/real_energy_oil_and_gas_company_in_cooper_basin_australia_220/
You might also like
Cushing crude stocks sit less than 2 million bbls above operational floor amid global supply crisis
Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.
