Oil & Energy - Subiaco, Western Australia, Australia
Kidson Energy (previously PMAL Petroleum Pty Ltd) is well placed to be a significant partner in the development of the Canning Basin. Current applications cover 21,050km2 of prospective acreage in a proven producing basin. Preliminary targets have already been identified and further work is planned to de-risk these assets.The Kidson Energy team in place and their advisors have a strong track record of delivering on projects and obtaining value for all partners. Balance is also important in any team and this is evident from the backgrounds and experience on offer by the executive group.Company ObjectivesNear Term:- Complete the future acts requirement of the Native Title Act and obtain the grant of the applications for STP-SPA-0091 and STP-EPA-0143- Progress the remainder of the permitting process through to award with a focus on Heritage, Environment and Safety. Mid Term:- Further develop work program and budgeting for the proposed work plans.- Seek like minded partners to realise the potential of the Canning Basin.- Plan appraisal programs and field development plans for successfully delineated assets. Long Term:- Develop commercial arrangements for a sustainable business
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