Company Information for Red Sky Energy Limited

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ASX; ROG View full financial data

Company Statement

Red Sky Energy Limited (ASX code ROG) has been rejuvenated as a coal seam gas company. Over the July to October 2009 period Red Sky has acquired significant acreage holdings across a number of basins. This includes the acquisition of Cydonia Resources, Norwest Hydrocarbons and Surat Resources with substantive positions in Queensland and NSW, as well as a farm-in to Central Petroleum’s extensive acreage in the Northern Territory. Red Sky also has new management in place. Rohan Gillespie has joined as Managing Director with previous experience as Vice President and Chief Operating Officer in charge of BHP Billiton’s coal seam gas business. Gerrit de Nys has joined as Chairman, bringing to the Company extensive business building skills and contacts.

Red Sky aims to become a major player in coal seam gas in Australia. 

Operations and Technology

Surat Basin in Queensland
The company has a right to earn 100% interest in two Petroleum Exploration Licenses located in the prospective Surat Basin. The basin supports the emergence of LNG in Queensland.

ATP 840 and 904. Area ~ 1700km2.

Surat and Eromanga and Darling Basins in New South Wales
The company has a 100% interest in 19 Petroleum Exploration Licenses located in the prospective Surat and Eromanga Basins. 

PEL 447, 448, 449, 465, 466, 467  PELA 87, 90, 91, 94, 117, 118, 119, 120, 121, 122, 123, 124, 125. Area ~ 175,000km2.

Pedirka and Amadeus and South Georgina Basins in the Northern Territory and Queensland
The company has a right to earn 10% interest in 29 Petroleum Exploration Licenses located in the prospective Pedirka and Amadeus Basins. 

PELA 77 EP 82, 93, 105, 106, 107, 115  EPA  92, 111, 112, 118, 120, 124, 125, 129, 131, 132, 133, 137, 147, 149, 152, 160  ATP 909, 911, 912  WA 16, 17, 18/08-9. Area ~ 270,000km2  

Board of Directors and Key Management

Gerrit de Nys	Non executive Chairman
Rohan Gillespie	Managing Director
Guy Le Page	Non Executive Director
Robert Hyndes	Non Executive Director
Mr. David Ballantyne	Company Secretary

Company Address Suite 2, 16 Ord Street West Perth, Western Australia, Australia 6872 Telephone: +61 8 9486 1122 Email: info[at]redskyenergy.com.au Website: http://www.redskyenergy.com.au

Year End 31, December

Major Shareholders

Shareholder	Units	%
ENERGY INFRASTRUCTURE AND RESOURCES LIMITED	97.5 million	14%
SEREC PTY LTD	45 million	6%

Related News

05/01/10 - ASX Listed Advance Energy Successfully Raises Finance Through Listed Convertible Notes To Further Its Projects In The US Permian Basin
16/12/09 - Red Sky Energy Assembles Large Acreage Holdings With Coal Seam Gas Potential With An Eye To One Day Tapping Into Markets In China And India

Most Recent Statement

17/03/10 - Significant Farm-in
11/03/10 - Red Sky Energy Accesses Methane Enhancement Technology
09/03/10 - Permits granted
05/02/10 - Exploration Update
29/01/10 - Quarterly Activities and Cashflow Report December 2009
28/01/10 - Exploration Update