AusTex Oil Limited Company Summary |
AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is an Australia-based company. The Company is engaged in the development of oil and gas leases in the United States. It produces oil and gas from leases in Oklahoma and Kansas. It is also engaged in the exploration, development and production of hydrocarbons in the United States. Its wholly owned subsidiaries include International Energy Corporation (Oklahoma), International Energy Corporation (Kansas) and Well Enhancement Services LLC. During the year fiscal year ended March 31, 2009 (fiscal 2009), the Company was engaged in the drilling of three wells on the Lancaster Lease group, Tulsa County; two wells on the Sweet Unit, Pawnee County, and one well on the BlueHawk Project in Osage County.
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DIRECTORS / OFFICERS |
Dr Peter E Power Non-executive Chairman Dr Peter Power has over 40 years' experience in hydrocarbon exploration worldwide in senior management positions with major international companies. He was previously Managing Director of Ampolex Limited prior to its acquisition by mobil. Dr Power was the founding Head of Geology at the Western Australian Institute of Technology (now Curtin University). He was a member of the Bureau of Mineral Resources Review in 1984 and the Australian Geological Survey Organisation Review in 1993, a member of the Advisory Council for the National Centre for Petroleum Geology and Geophysics from 1985-1990. He has served as President of the Australian Geoscience Council and as a councillor and chairman of the Australian Petroleum Production and Exploration Association, which has awarded him both the Lewis G. Weeks and Reg Sprigg Gold medals and honorary life membership.
| Richard A Adrey - USA Executive Director Mr Richard Adrey was an investment and merchant banker with Andreasen & Co., Kohlmeyer & Co., Mabon Nugent and a private investment company, Coastline Financial Partners for 30 years with specializations in mergers, financings and in turnarounds of distressed assets. He has been involved with numerous private and public companies, such as Piper Aircraft, Cynocom Corp, Telechips, Medisys, Versatech, VacationBreak, Fairfield Communities and Greystone Medical. Mr. Adrey holds a B.S. in finance and held Officer and Board seats in several companies as an advisor.
| Daniel Lanskey Managing Director Mr. Lanskey has been involved in senior management positions of Australian companies for over 10 years. He has also been involved in a number of companies which have developed international contracts and joint ventures in Asia, Europe and the USA. Mr. Lanskey holds a post-graduate Business Degree. He is currently a director of a number of unlisted public and private companies. Mr. Lanskey is also a Director of International Energy Corporation and oversees the operations of AusTex Oil in Australia and the USA.
| Patricia Kay Philip Non-Executive Director Kay Philip is a geophysicist whose background embraces project acquisition, financial analysis of resource projects and companies, mining exploration and management. Ms Philip has worked in the securities industry, conducting courses in Australia and South East Asia. She also has experience in the financial markets, involving rights issues and other capital raisings. She is an Honorary Associate at the School of Physics, University of Sydney, and has been a director of a number of listed and unlisted companies in the financial and oil and gas sectors.
| Trevor Sykes Non-Executive Director Trevor Sykes was one of Australia's leading finance journalists until his retirement at the end of 2005. He has been Editor of The Bulletin, Editor-in-Chief of Australian Business magazine, assistant editor of the Australian Financial Review and Melbourne Bureau Chief of the Australian FinancialReview. He is currently a Director of Mitchell Corporation, the largest trucking company in WA, specialising in logistics services for the resource industry. He was also a Director of the listed exploration company Copper Range Limited (August 2006 to October 2007). He is a member of the SA Mining & Petroleum Expert Group which promotes resource development in that state and a Patron of the Sydney Mining Club.
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COMPANY DATA |
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Headquarters |
Level 57, MLC Centre |
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19-29 Martin Place |
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Sydney NSW 2000 |
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Australia |
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Telephone |
+61-2-9238-2363 |
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Fax |
+61-2-8088-7280 |
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Principal Sector |
Energy |
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Principal Industry |
Energy |
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Listed |
January 2008 |
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Homepage |
www.austexoil.com |
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Key Developments: AusTex Oil Limited
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AusTex Oil Limited (ASX:AOK) Fast Tracks Development at Snake River Project MAY 22, 2012 09:43 - Article Views: 169 United States focused oil & gas producer and explorer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to announce that it is fast-tracking the development of the 5,500 acre Snake River Project in Kay County, Oklahoma. AOK holds a 100% Working Interest and a 80% net revenue interest in the project which sits in the highly prospective Mississippian Limestone Play ("Mississippi Lime") located in Northern Oklahoma and Southern Kansas. |
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AusTex Oil Limited (ASX:AOK) Annual Report to shareholders MAY 1, 2012 08:44 - Article Views: 220 AusTex Oil Limited (ASX:AOK) is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012. |
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AusTex Oil Limited (ASX:AOK) Update on Funding To Continue Mississippi Lime Development APR 30, 2012 11:17 - Article Views: 276 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to announce an update on funding intitiatives announced on 19 March 2012, to continue exploration and development of the Company's oil and gas leases in Oklahoma and Kansas. |
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AusTex Oil Limited (ASX:AOK) Monthly Production for March 2012 APR 26, 2012 15:48 - Article Views: 309 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report oil and gas production for the month of March 2012. |
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AusTex Oil Limited (ASX:AOK) Drilling Underway on Blubaugh Well in Northern Oklahoma APR 26, 2012 13:42 - Article Views: 273 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to announce the following update on drilling operations in Northern Oklahoma. Drilling of the Blumbaugh #20D-1 Well is underway at the Snake River project, Kay county, Oklahoma. The well is to be drilled to an estimated TD of 6,100 feet into the Arbuckle Formation which underlies the Mississippi Lime interval. |
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AusTex Oil Limited (ASX:AOK) Balder 1-30N Horizontal Well Update APR 23, 2012 09:08 - Article Views: 391 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report the following update on drilling operations in Northern Oklahoma. The operator, Range Production Company Inc., reports that the Balder #1-30N horizontal well was successfully hydraulically fractured and is currently flowing back fluid. The well is being tied into onsite storage facilities for production testing. |
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AusTex Oil Limited (ASX:AOK) Balder 1-30N Mississippi Lime Success APR 17, 2012 10:51 - Article Views: 537 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report the following update on drilling operations in Northern Oklahoma. |
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AusTex Oil Limited (ASX:AOK) Production Underway at Ludwick No. 1 Well - Kansas APR 11, 2012 11:50 - Article Views: 359 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to advise the following update on operations in Kansas. |
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AusTex Oil Limited (ASX:AOK) Mississippi Lime Acreage Increase in Kansas APR 5, 2012 10:38 - Article Views: 488 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to advise the following update on operations in Kansas. AusTex Oil and Castle Resources Inc., as operator, are working interest partners under a Joint Operating Agreement in oil and gas leases in Sheridan and Thomas Counties, Kansas. |
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AusTex Oil Limited (ASX:AOK) Drilling Update Balder Horizontal Well Oklahoma APR 3, 2012 12:05 - Article Views: 464 AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report the following update on drilling operations in Northern Oklahoma. |
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