Highlights
ASX: IPB       IPB PETROLEUM LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.028   0.00 (0.00%)  0.028 - 0.028  80,000

Overview

 
Avg Volume (4 weeks):151,224
4 Weeks Range:0.027 - 0.035
4 Weeks Price Volatility (%):
12.50%
52 Weeks Range:0.021 - 0.105
52 Weeks Price Volatility (%):
8.33%
Average Price Target:-

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Business Background

IPB Petroleum Limited is an oil and gas exploration company. The Company's principal activities consist of conventional hydrocarbon exploration and associated activities in relation to its approximately three exploration permits along the southern margin of the Browse Basin offshore North West Australia. The Company has an interest in approximately three petroleum exploration permits located in the Browse Basin, including WA-424-P, WA-471-P and WA-485-P. The WA-424-P permit contains over three wells, such as Gwydion-1, Caspar-1A and Pryderi-1. The WA-471-P permit lies immediately north of the WA-424-P permit, which contains the Gwydion oil discovery. The WA-485-P permit lies immediately east of the Company's WA-471-P permit, between the oil discoveries at Gwydion and Cornea to the northeast.

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