ASX-listed WHL Energy Ltd (ASX:WHN) (OTCMKTS:WHLRF) is an emerging oil and gas company with high value assets in Australia and the East African region. The company's "flagship" assets are its "ready-to-develop" La Bella gas and condensate field off the south coast of the Australia within the VIC/P67 acreage and a large petroleum exploration acreage position, held at 25% equity, off the southern coast of the Republic of the Seychelles.
Perth-based oil and gas explorer WHL Energy (ASX:WHN) (OTCMKTS:WHLRF) believes the results of the La Bella 3D seismic survey have exceeded the company's expectations and highlights the potential for a standalone gas development for the broader VIC/P67 exploration permit in the offshore Otway Basin, Victoria.
WHL Energy (ASX:WHN) (OTCMKTS:WHLRF) well positioned to feed gas hungry Australian market Economists and energy analysts are forecasting a major gas shortage and an associated leap in gas prices along the east coast of Australia.
WHL Energy Limited (ASX:WHN) (OTCMKTS:WHLRF) is pleased to announce that Ophir Energy plc (LON:OPHR) (OTCMKTS:OPGYF), operator of the jointly held Seychelles exploration blocks, has contracted Dolphin Geophysical to undertake the 1500 km2 Junon 3D seismic survey over the Junon trend.
Austin Exploration Limited (ASX:AKK) is pleased to announce that it has sold its option to farm-in for up to a 4% working interest on exploration licenses in the Republic of the Seychelles to WHL Energy Limited (ASX:WHN).
