Essential Petroleum is an independent oil and gas explorer with an exclusive focus on the Otway Basin.
With interests in four onshore permits and two offshore permits, the Company has one of the largest portfolios of acreage in the highly prospective Otway Basin.
Essential Petroleum was formed in 1999 and listed on the Australian Stock Exchange in early 2001.
The Company has identified new play fairways in proven and potential hydrocarbon provinces, targeting low risk, near field opportunities onshore, and high risk, high reward opportunities offshore.
