Bounty Oil and Gas NL is an independent Australian oil and gas explorer and producer. It was formed in 1999 and listed on the Australian Stock Exchange in February 2002. From its inception, it has pursued an active programme of land acquisition, exploration and development. It has a strong balance sheet, increasing oil revenue and remains free of debt. The company has production at Utopia and Naccowlah in SW Queensland and two undeveloped gas discoveries offshore Tanzania. Recently, the project emphasis has been altered slightly from high impact offshore exploration to a greater emphasis on lower risk onshore oil appraisal and development opportunities in Queensland.
Sector: Oil & Energy
Year Established: 1999