Metgasco Ltd

About Us

We're exploring, appraising and developing the vast gas resources of the Clarence-Moreton basin in northern NSW. Covering an area of approximately 1.1 million acres, the basin contains both unconventional and conventional hydrocarbon resources.

We've already established a large certified natural gas reserve position with reserves independently certified by MHA Petroleum Consultants (Denver).

Natural gas is a clean, low greenhouse gas emission fuel. When it is used to generate electricity it produces up to 70% of the emissions produced by coal fired electricity generation. As Australia moves to a more carbon constrained economy, the use of gas as a transitional fuel will become increasingly important.

Our Business

Our business is about finding, producing, marketing and delivering gas from natural gas reserves. We are a natural gas company that is focused on developing the coal seam gas and conventionally trapped gas resources of the New South Wales Clarence Moreton basin.

We have established a large natural gas reserve base and are in the process of converting our gas reserves into gas supplies delivered to customers. Metgasco has grown its reserve base at a very low cost relative to other companies. Our finding cost per gigajoule of 2P reserves is amongst the lowest in Australia. This provides the basis for shareholder value creation in the future.