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EPIC: MUS
Market: ASX
52-week High/Low: A$0.11 / A$0.02
Sector: General Mining
Market Cap: A$45.23M
Mustang Resources

Mustang Resources

Mustang Resources (ASX:MUS) is listed on the Australian Securities Exchange.

Mustang Resources

www.mustangresources.com.au

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Mustang Resources Snapshot

Golden Gate is a focused petroleum exploration and production company with an exploration portfolio in the Gulf of Mexico and the Permian Basin containing world-class prospects.

The significant aspects of Golden Gate Petroleum are;

    Geographic Focus: Texas Gulf Coast
    Play Type Focus: Low risk, 3D supported, well-documented analogs
    Technical Focus: Exploit overlooked prospects with new technology
    Cash Flow
    History of High Exploratory Success rate
    High Value Reserves (no PSC or PSA) 40%+ to 100% working interest
    Low sovereign risk, ~70% net revenue to working interest
    Experienced Management Team
    High short-term Upside on Existing Projects
    High-rate Production, quick payout of CAPEX, low OPEX
    Short lead time from discovery to production (revenue)

Permian Project
Eagle Ford Shale Project
Napoleonville Salt Dome Project
North Edna Project
Bowtie West Project

STEPHEN GRAVES

Executive Chairman / Managing Director (appointed 2008)

Mr Graves has over 30 years in the oil and gas industry both in Australia and overseas. Most recently Mr Graves was executive chairman of Orchard Petroleum. Like Golden Gate , Orchard was transformed from a purely exploration company to a company with reserves and production that was eventually taken over in April 2007. Mr Graves was instrumental in this transformation.

Mr Graves worked for Mobil Corporation and affiliated companies for 23 years. He has also been an independent consultant to the energy industry, a senior consultant to Ernst & Young and has extensive experience with funding infrastructure projects.

Head Office:
Golden Gate Petroleum Ltd
566 Elizabeth Street
Melbourne Victoria 3000

Mailing Address:
PO Box 12883 A'Beckett Street Post Office
Melbourne VIC 8006
Australia

Telephone:
+61 3 9349 1488

Fax:
+61 3 9349 1186

Email:

General Queries: [email protected]

US Office:
Kindee Oil & Gas Texas LLC
800 Wilcrest Drive,
Suite 214, Houston, TX 77042
 
Telephone:
+1 713 334 2830

Fax:
+1 713 334 1830

Mustang Resources Timeline

Newswire
December 12 2016

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