Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

Petsec Energy

Contacts

Registered Office and Principal Business Office
Level 27
Governor Macquarie Tower
One Farrer Place
Sydney NSW 2000
Australia

Tel: +61 2 9247 4605

Yemen office
6th Floor, Libyan Trade Center
Algeria (ST)
Sana’a, Yemen

Tel: +967 1 448392

Description

Petsec Energy Ltd (PSA.AX) is an ASX listed company with operations onshore Louisiana, in the shallow waters of the Gulf of Mexico, and a growing presence in the Republic of Yemen. 

Historically the strategic and geographical focus has been predominately exploration in Louisiana, USA. This focus had shifted in 2014 to include oil reserve acquisition in the MENA region. In Yemen, the Company holds two leases. One with undeveloped oil resources, and substantial exploration potential, and the second a production licence over five sizeable oil and gas discoveries, one of which is developed (An Nagyah) and was in production until late in February 2014. The Company will actively continue to identify and acquire additional developed and undeveloped reserves within the MENA region.

Website