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
- Australian Financial Review 19 February 2019
- Source Company ASX Reports and Company websites
Project Venus is located within the Proven Walloon CSG Fairway