About: Oil Basins Limited (OBL) is an oil and gas exploration and development company with projects in Victoria and Western Australia.
Oil Basins operates the following assets in good hydrocarbon addresses:
· Oil in the offshore Carnarvon Basin (operator)
· Oil, USG (operator), CSG (operator) & potential USG to LNG in the onshore Canning Basin
· One significant, non-operated oil & gas interest in offshore Gippsland Basin
Project Experience Includes:
The Company listed on the Australian Stock Exchange on 23 August 2006, it significantly expanded its initial portfolio of two permits at very modest cost and now has formal title or Rights to earn interests in a portfolio of attractive drill-ready exploration assets. This portfolio presently includes three (3) offshore and two (2) onshore petroleum exploration permits in Australia – covering conventional onshore and offshore oil exploration & development and unconventional USG / USO projects