BUY – Bounty Oil and Gas NL


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Bounty Oil & Gas NL is an Australia-based oil and gas explorer and producer company. The Company’s segments include Oil and Gas exploration, including production projects, development projects and exploration projects, and investment in listed shares and securities. The Company’s core projects include the Carnarvon Basin, Cooper/Eromanga Basin and Southern Surat Basin. The Carnarvon Basin project surrounds Petroleum License L 16 Rough Range Oil Field and is located approximately 60 kilometers South of Exmouth. The Cooper/Eromanga Basin project includes ATP 259 Naccowlah block and PEL 35-49. The Southern Surat Basin project is located over 40 kilometers Northeast of St. George, surrounding Alton Oil Field. The Company’s growth project includes PEP 11, which covers approximately 4,576 square kilometers (km2) and is located at offshore Sydney Basin, New South Wales.

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