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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 controls a large potential coal seam gas field in the Burragorang Region of NSW to the southwest of Sydney and adjacent to Warragamba Dam. The Petroleum Exploration Licence 454 (PEL 454) has been issued under the NSW Petroleum Act. Apex, having already been granted planning permission to complete a 15 well exploration program in the Illawarra region north of Wollongong and is now investigating the potential of the Burragorang Region. The area is on the doorstep of Sydney and many gas utilisation facilities. It is expected that planning operations relating to the Burragorang region will commence in 2010 with both coal mine gas and gas from the seams below the abandoned coal mines being targeted for exploitation.