Assam Onshore - Antelopus Energy

Duarmara Contract Area on the proven Assam Shelf Basin. The field is surrounded by many producing fields
Proven gas discoveries with significant upside Oil potential. Major gas bearing zones are the TS-2 and TS-3 Reservoirs
AEPL has farmed in with 50% Participating Interest with Joint Operatorship
Well established Gas market. Mature gas market with presence of well-established medium to large gas consumers
Gas Sales E – Auction completed. Discovered price at “APM + 0.7” $ / mmbtu
Attractive fiscal terms, Government take of Gross Revenues (Incl Income Tax) < 50%

Phase 1 to develop TS 2 and TS 3 gas reservoirs by drilling 6 new wells (One each every 1 – 1.5 years)
Low risk onshore development with well-developed infrastructure with Oil and Gas operators operating in this region since the last 70 years
Forest Clearance – Stage 1 in place
Site preparation works to commence this Financial Year

0124 – 4067080

https://antelopusenergy.com/

compliances@antelopusenergy.com