Welcome to Exoma Energy Limited
 
Exoma Energy is an emerging onshore oil and gas producer, focused on increasing production and revenues from the targeted development of its existing acreage and land position.
 

Based on annualised figures at April 2008, Exoma Energy will generate a minimum US$2.3 million in net revenue for the current calendar year.  There is a high likelihood this revenue forecast will need to be revised upwards with Exoma’s busy drilling programme.

Anadarko Basin Production Improvement Programme (ABPIP) likely to increase revenues from operated wells by 20%-25%
Drilling success from Kelln 94-2
Cash flow positive

 

 “Companies that specialise in repeatable low risk drilling appear to be best positioned to benefit from the strong industry fundamentals in our view.  These are companies where already reliable programs can most assuredly benefit from higher commodity prices, deep inventory, low inflation and efficiencies”.  Citigroup Global Markets Equity Research April 2008


This is precisely the strategy that Exoma Energy is pursuing with its Anadarko Basin development drilling programme.

 
Exoma has a production-focused growth strategy

develops existing producing acreage; focussing on the Anadarko Basin; converting leases to Held By Production
enhances production from existing assets; achieving financial and operational efficiencies through its ABPIP initiative
 

Exoma takes meaningful acreage positions in proven hydrocarbon provinces: its Anadarko Basin portfolio contains developed and underdeveloped assets. It continually reviews current and potential new land holdings.

 

Exoma takes meaningful stakes in fully risked exploration plays: shown by its east Texas programme of 3D defined wells, risked by a reputable independent petroleum expert.
 
Exoma has an experienced management team: with regional technical experience, working relationships with capable contractors and proven financial management skill sets.
 
 

 
Share Price
  ASX
Code: EXE
$ 0.070
25/07/2008 10:35 AM [AEST]
 
Code: EXEO
$ 0.012
25/07/2008 10:35 AM [AEST]
 
News
 
Latest News
Drilling Report Brearley 1H-11 - 23/07/2008
The Operator has advised it has run and cemented pipe along the lateral well bore.        
Drilling Report Brearley 1H-11 - 16/07/2008
The well was drilled to a Total Measured Depth of 13,041 feet on July 10th