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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Company Profile
Global Oil & Gas Limited is an Australia-based oil and gas exploration company. The Company is focused on identifying, exploring and developing energy and resource assets within Australia and globally. The Company’s projects include Georgina Basin project, Sasanof Prospect and Other Projects. It holds a 100% interest in EP-127 located in the Southern Georgina Basin in the Northern Territory. The Basin covers more than 100,000 square kilometers (24.7 million acres) in the Northern Territory and western part of Queensland. EP-127 contains the Dulcie Syncline and the Hagen Member, which are considered to contain the potential for conventional oil targets, and a portion of the Toko Syncline, which is prospective for conventional and unconventional oil and gas. The Sasanof Prospect is located in permit WA-519-P, approximately 207 kilometers northwest of Onslow, Western Australia. The Sasanof Prospect covers an area of up to 400 square kilometers and is on trend and updip of Mentorc Field.
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