UIL Energy Ltd

UIL Energy Ltd

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UIL Energy Ltd Company Overview

WA is the largest domestic gas sector in Australia, and is a gas market supply constrained with estimated gas prices to rise in real terms to $10/GJ or higher by 2020 and beyond.

With a number of currently producing gas developments and a new gas discoveries, the Perth Basin therefore provides a fertile launching pad for one early stage micro-cap ASX stock.

This under the radar $8 million capped company has just secured one of the largest 100% owned contiguous holdings in the Perth Basin…

Within its portfolio is the Ocean Hill gas discovery, an independently certified contingent resource of 360 bcf – and this company is planning to expand on this discovery via its upcoming work programme.

First up is a 264km 2 seismic programme that will aim to identify promising leads for drilling.

The board of this company have a track record of value creation, and currently hold roughly 26% of stock – indicating they have significant skin in the game, and will want to see this company succeed.

The Managing Director was formerly CEO of a junior company which he took from a $50M valuation to $550M… and he is looking to repeat this growth with this ASX company.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

The combination of a Perth Basin gas opportunity and low market cap could generate corporate appeal over the coming months.

Surrounded by successful wells, and with a neighbour set to drill just 5km from this ASX stock’s acreage, this company may be about to heat up.



UIL Energy Ltd Market Data


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