Project Venus

ATP 2051 Project Venus

  • Real Energy and Strata-X Energy JV (50/50)
  • Real Energy operator
  • 50 sub-blocks = 154 km2
  • ~9km west of Miles
  • Walloon Subgroup Coal measures CSG targets are pervasive throughout permit
  • Prospective Gas Resources = Best Estimate 694 PJ for 100%
  • Adjacent to gas pipelines with access.
  • A prolific CSG producing region with over 4,000 wells drilled – see green dots on Map
  • The Ironbark Project was sold for $231M with reported reserves of 129PJ1
  • Senex Energy2 is developing Project Atlas – reported 2P reserves 144 PJ
  • Central Petroleum2 is developing Project Range (6kms North of Venus) – reported 2C contingent resources of 270 PJ
  1. Australian Financial Review 19 February 2019
  2. Source Company ASX Reports and Company websites

Project Venus is located within the Proven Walloon CSG Fairway

project Venus