New Standard Energy Limited (ASX:NSE)

Company Overview

New Standard Energy Limited is an Australia-based company that is engaged in the business of exploration for oil and gas in the Carnarvon Basin in Western Australia and seeking new projects, both in the energy and other sectors. The Company's segments include Australia and the United States. The company operates in two primary basins the Canning and Carnarvon, Western Australia. Its Canning Basin is situated approximately 2,000 kilometers north of Perth in the central north of Western Australia, covering an area of approximately 530,000 square kilometers. Its projects in Canning Basin include Laurel Project. The Company has a production and development project in the Eagle Ford shale in Texas, the United States as well as a range of exploration projects in Australia, located in the Cooper Basin in South Australia and the Canning and Carnarvon Basins in Western Australia.