PROJECTS

   

   

   

   

   

   

   

   

   

     

Entek Energy has built a solid portfolio of assets
and now receives significant revenue from:

  
• The High Island 24-L gas project in the Gulf of Mexico
• Increased production in its SW Queensland interest.
   

 

High Island 24-L Gas Discovery: In the Gulf of Mexico, as a result of a strategic approach to building value through focusing on low risk, high reward prospects, Entek is a joint venture partner with substantial US companies in a significant gas discovery in shallow Texas State Waters.

    
Following the initial discovery on block High Island 24-L S/2 SW/4, Entek and its partners bid and purchased three blocks contiguous to the discovery block. A second well on the prospect, located on adjoining block High Island 24-L N/2 SW/4 confirmed the prospect reserves. The development of the reserve was completed and production commenced in October 2007.

     

>>>  more...

For further information on production see Gulf of Mexico Production Commencement.
  
 

High Island Block A-246:  Entek has 100% ownership of all of High Island Block A-246 and has recently identified a gas prospect on this 5,760 acre holding.

Cascade Prospect:  Through a wholly owned subsidiary, Entek was the high bid on Cascade Prospect (Garden Banks Block 115), another 100%-owned block.

High Island Blocks A300 & A301: Through a wholly owned subsidiary, Entek farmed into these two blocks in November 2007 and earned a 15% Working Interest by participating in the drilling of well OCS-G 24420 Well # 2 in November 2007.

  
 

ATP-269P: The Company has increased production revenue from its interests in South West Queensland with the commencement of production from Byrock-2 during 2007 and the imminent likely production from Marcoola-1 scheduled to come on-stream during December 2007. more…

  

  
Copyright 2006