Avent Energy Limited

Petroleum Exploration Investment Opportunity

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  • NSW/PEP 11 covers 8100 sq km, 20 km from Australia's largest energy market, excellent infrastructure
  • Permit Prospective Recoverable Resources estimated at up to 16.3 Tcf
  • Excellent analogies with world class producing fields
  • Active thermogenic hydrocarbon system demonstrated offshore
  • Possible gas/condensate-charged Permian + Triassic reservoirs / excellent potential for gas & oil discovery
  • Prospective resources and proximity to infrastructure infer potential for LNG
  • Advent - right to earn 85%; JV partner Bounty Oil & Gas reducing from 75% to 15%
  • Robust Economics: NPV10 >A$12 billion potential
  • Rig negotiations progressing, environmental approvals and drilling engineering processes underway



Contact:  David Breeze on + 61 8 9328 8711 or email david@adventenergy.com.au

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