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Advent Energy

Description

Advent Energy was formed in 2004 and is an unlisted oil and gas exploration and production company based in Perth, Western Australia. Advent has assembled an attractive portfolio of assets both on and offshore Australia.

All permits are located next to a ready market and/or excellent infrastructure, thereby maximising Advent’s ability to optimise any resources. Included in the portfolio is: Petroleum Exploration Permit 11 in the offshore Sydney Basin. This permit has been assessed to contain several multi-Tcf targets adjacent to the major population region of Sydney and excellent port and power infrastructure. Retention Licence 1 (comprising the Weaber Gas Field), and Exploration Permit 386, in the Onshore Bonaparte Basin. Near term development opportunities of conventional resources for local markets complements the vast unconventional shale gas resources recently revealed.

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