Apex enters into farmin arrangement for the development of its NSW gas tenures

Wed, 25 Aug 2010 00:00:00 -1000

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.

Apex aquies a 100% interest in PEL454

Wed, 25 Aug 2010 00:00:00 -1000

Apex Energy NL has aquired a 100% interest in PEL454. It previoulsy had a 70% stake in PEL454 along with its subsidiary Sydney Basin Coalbed Methane Pty Ltd. It has purchased the remaining 30% from Australian Coalbed Methane Pty Ltd. All Apex gas tenures are now controlled as follows:

Apex Energy NL - 80%

Sydney Basin Coalbed Methane Pty Ltd - 20%

Apex receives approval for Illawarra Exploration Project

Mon, 07 Sep 2009 00:00:00 -1000

Apex Energy NL received Part 3A approval from the Department of Planning on the 23rd September 2009 for a 15 well exploration project in the Illawarra region. The wells are planned to be drilled around the Darkes Forest area. The planned wells will include exploration core wells and wells drilled directly into abandoned coal mines. The granting of the approval followed an exhaustive consultation process with a list of Government Departments, local and wider groups and individuals and Apex is confident that good local relationships will be maintained and improved during the carrying out of the drilling program. The program will identify and quantify valuable gas reserves needed to complement NSW's energy requirements. There is no shortage of potential customers in the area with a number of existing and planned gas fired power stations and other consumers in close proximity to the planned wells.

Apex signs agreement for Burragorang gas exploration

Tue, 01 Aug 2006 00:00:00 -1000

Apex Energy NL has signed an agreement with Burragorang Valley Coal Pty Ltd for the exploration and potential exploitation of gas from within its coal lease (CCL740) in the Burragorang region south west of Sydney. This coal lease is adjacent to Apex's existing Petroleum Exploration Licence 454 and is a significant addition to the exploration area. Apex Energy already has agreements with other coal operators in the Illawarra region taking Apex's gas tenures and other interests to almost 500 square kilometres with a an estimated gas in place (GIP) of approaching 2500 billion cubic feet (bcf) and a current estimated 1400 Petajoules (PJ) of contingent gas from within the Illawarra coal measures.

Apex explores Burragorang gas potential

Fri, 28 Apr 2006 00:00:00 -1000

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.

Recent News - Apex Energy NL

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 signs agreement for Burragorang gas exploration

Apex explores Burragorang gas potential