Fitzroy River Corporation Ltd (ASX:FZR)
Fitzroy River Corporation Ltd is an oil and gas and mineral investment holding company. The Company focus on non-operational assets such as royalties, free carried interests and equity investments. The Company’s investments comprise of Royalty agreements centered around oil and gas production in the onshore Canning Basin in north Western Australia and in the Bass Strait. The Company has a range of royalty on Buru’s permits, which includes Ungani oil field and Laurel Basin Centre Gas System. The Company holds royalty interests in the Canning Basin through separate Royalty Deeds: the Canning Basin Royalty Deed and the Lennard Shelf Royalty Deed. It holds interest in Bass Strait through Weeks Royalty. The Company also hold royalty to mine Blackwater Gold Project in New Zealand. It also holds right to royalty over the Bowden’s Silver Mine in New South Wales.