Recent News

Previous News Items

• Apex enters into farmin arrangement for the development of its NSW gas tenures
• Apex aquies a 100% interest in PEL454
• Apex receives approval for Illawarra Exploration Project
• Apex explores Burragorang gas potential
• Apex signs agreement for Burragorang gas exploration

Apex Energy NL has entered into a farmin and purchase agreement with Ormill Energy Ltd (Ormill) and its subsidiary Ormill Operation Pty Ltd (Ormill Operations). The arrangement will involve the purchase of a 20% stake in the gas tenures by Ormill as they purchase Apex's subsidiary Sydney Basin Coalbed Methane Pty Ltd (SBCBM). Ormill will fund the development and maintenance of the tenures under a joint venture arrangement with Apex and Ormill Operations will be the operator of the resultant joint venture formed between the companies.