Sydney, Australia (ABN Newswire) - Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is pleased to provide its latest investor presentation held in October 2016.
Contents
- Petsec Energy: Corporate Profile
-- Corporate Objective and Strategy
-- Operations
-- Oil & Gas Prices/Industry Review
-- Capital Structure/Valuation
- Petsec Energy: Oil & Gas Assets
-- USA Production/Exploration-Onshore Louisiana & shallow waters of the Gulf of Mexico
-- MENA/Yemen-Damis(BlockS-1) Production, Block7(AlBarqa) Exploration
Corporate Objective
To increase shareholder value through successful oil and gas exploration, development and production, and by oil and gas reserve acquisitions, thereby building Petsec Energy into a significant mid-tier oil and gas exploration and production company.
Corporate Strategy
To drill high impact exploration prospects, predominately for oil and develop those discoveries, and to acquire oil and gas reserves, developed/producing or undeveloped, in onshore leases which hold significant development, low risk exploitation and high exploration potential, that make a major positive impact on the value of Petsec Energy.
The geographical focus is onshore and offshore Louisiana and Texas, USA , the Republic of Yemen, and the MENA region generally.
To view the presentation, please visit:
http://abnnewswire.net/lnk/69JV267E
About Petsec Energy Ltd:
Petsec Energy Ltd (ASX:PSA) (OTCMKTS:PSJEY) is an independent oil and gas exploration and production company listed on the Australian Stock Exchange and on the US OTC Market. It has operations in the shallow waters of the Gulf of Mexico and Louisiana Gulf Coast region of the USA, and in the Republic of Yemen.
Source:
Petsec Energy Ltd
Contact:
Mr. Paul Gahdmar
Company Secretary & Group Financial Controller
Petsec Energy Ltd
T: +61-2-9247-4605
Mr. Manny Anton
Head of Investor Relations
Petsec Energy Ltd
T: +61-2-9247-4605
www.petsec.com.au
Source: ABN/Asia Business Newswire
(October 12, 2016 - 7:41 PM EDT)
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