Australian based E&P company
The overall objective of the Company is to implement its strategy of building a portfolio of high quality well bore assets with Working Interest (WI) percentages reflecting risk appetite and capital availability.
The Company has a portfolio of producing oil wells in Oklahoma and Texas that have largely been de-risked.
Stonehorse is farming into highly prospective projects in Alberta that have a short leadtime to production and short payback.
Myall Creek is a natural gas workover project where the Company holds a 25% working interest.
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Investing in producing and low-risk “drill ready” oil & gas wells in locations with collection and transport infrastructure
