AOE
From IntFX
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Arrow Energy NL is an Australian company engaged in the undertaking of gas exploration and development activities. The Company is focused on coal seam gas (CSG) exploration and production in the Surat, Clarence-Moreton and Ipswich Basins in southeast Queensland and northern New South Wales and the Styx Basin and Nagoorin Graben in coastal central Queensland. Arrow Energy NL has been carrying out exploration/appraisal drilling (over 50 wells) and has proven a large CSG resource. The Company's projects include Kogan North, Tipton West, Moranbah, Daandine, Dundee, Mt Lindesay, Silverdale and Boyne River. In June 2006, Arrow Energy NL acquired a 7.13% interest in CH4 Gas Limited (CH4), which increased its stake in CH4 from 55.46% to 62.59%. In September 2006, the Company acquired the remaining interests in CH4.
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