Key Petroleum Ltd
Key Petroleum Limited is an Australia-based oil and gas company focused on pursuing conventional exploration programs in the Cooper Eromanga Basin, Australia.
The business
Key Petroleum Limited is an Australia-based oil and gas company focused on pursuing conventional exploration programs in the Cooper Eromanga Basin, Australia. The Company is engaged in acquisition of petroleum permits, and the exploration of these permits with the objective of identifying economic oil and gas reserves. The Company’s asset holdings in the Cooper Eromanga Basin in Queensland are located between the Inland and Cook/Cuisinier Oil Fields, with the eastern assets located just north of the Eromanga Oil Refinery. Its projects include ATP920 and ATP924. ATP920 is located over 100 kilometers (km) southwest of Windorah in southwest Queensland and covers approximately 2337 square kilometers (km2). ATP924 is located approximately 140 km southwest of Windorah in southwest Queensland and covers over 2220km2 in four blocks.
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Latest news
Triangle Energy confirms prospective oil and gas targets within Mt Horner licence L7
As Triangle Energy (ASX: TEG) works to secure the remaining 50% interest in the Mt Horner licence L7 from Key Petroleum (ASX: KEY), it has confirmed a prospective resource estimate for numerous prospects and leads within the licence. Key is selling its 50% stake in L7 as well as its 86.94% in exploration permit EP […]
Triangle Energy works to close deal with Key Petroleum for exploration licence
The sale of onshore Perth Basin exploration licence EP 437 has moved a step closer with Triangle Energy (ASX: TEG) and Key Petroleum (ASX: KEY) agreeing to extend the cut-off date for the deal to 30 September. Due to a number of delays, it has not been possible to complete the transaction and Triangle has […]
Red Emperor joins Pilot Energy and Key Petroleum in offshore WA oil and gas block
Oil and gas explorer Red Emperor Resources (ASX: RMP) has inked a deal to acquire up to a 70% stake and the right to operate a large offshore oil and gas block in the shallow waters of Western Australia’s North Perth Basin. The junior today announced a binding letter of intent signed with block owners […]
Key Petroleum shores up gas targets near Strike and Warrego Energy’s ‘staggering’ discovery
Key Petroleum (ASX: KEY) has revealed Strike Energy (ASX: STX) and Warrego Energy’s (ASX: WGO) West Erregulla-2 discovery is close to its own permits in the Perth Basin. According to Key, the companies’ reported a “staggering” discovery within the Kingia Sandstone of the West Erregulla-2 well. The discovery is also in addition to gas pay […]
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